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Renewable Energy
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


ENPH 3.57%SEDG 3.57%FSLR 3.57%ED 3.57%PLUG 3.57%ORA 3.57%NPI.TO 3.57%DUK 3.57%GE 3.57%STEM 3.57%MAXN 3.57%FREY 3.57%BE 3.57%AMRC 3.57%SPWR 3.57%CSIQ 3.57%NOVA 3.57%LTHM 3.57%JKS 3.57%AY 3.57%FLNC 3.57%NEP 3.57%ARRY 3.57%BLNK 3.57%INE.TO 3.57%ALB 3.57%IFX.DE 3.57%TSLA 3.57%EquityEquity

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Renewable Energy, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced every 3 months.


-60.00%-40.00%-20.00%0.00%20.00%40.00%December2025FebruaryMarchAprilMay
-55.18%
24.85%
Renewable Energy
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 28, 2021, corresponding to the inception date of FLNC

Returns By Period


YTD1M6M1Y5Y*10Y*
^GSPC
S&P 500
-3.31%5.38%-0.74%10.90%14.93%10.61%
Renewable Energy-20.02%-0.34%-16.28%-20.74%N/AN/A
ENPH
Enphase Energy, Inc.
-33.66%-22.48%-45.46%-60.11%0.71%15.72%
SEDG
-3.68%-15.07%-25.95%-78.33%N/AN/A
FSLR
First Solar, Inc.
-25.93%-4.18%-36.30%-31.85%24.73%8.92%
ED
Consolidated Edison, Inc.
24.41%-2.39%11.97%19.15%11.46%10.04%
PLUG
-60.42%-30.32%-59.66%-69.23%N/AN/A
ORA
6.81%1.96%-7.96%7.68%N/AN/A
NPI.TO
8.60%-4.08%-7.43%-8.86%N/AN/A
DUK
Duke Energy Corporation
13.89%-1.99%9.94%25.95%12.54%9.26%
GE
General Electric Company
24.76%10.70%21.39%27.41%47.19%6.47%
STEM
-14.51%55.55%29.04%-62.10%N/AN/A
MAXN
Maxeon Solar Technologies, Ltd.
-61.94%1.41%-72.22%-98.78%N/AN/A
FREY
FREYR Battery
-48.45%20.91%35.71%-26.11%N/AN/A
BE
Bloom Energy Corporation
-25.98%-14.99%65.39%39.32%17.98%N/A
AMRC
Ameresco, Inc.
-48.89%6.86%-62.88%-46.45%-5.79%6.21%
SPWR
5.59%30.34%-11.68%104.32%N/AN/A
CSIQ
Canadian Solar Inc.
-14.12%13.02%-36.84%-43.12%-11.52%-12.12%
NOVA
-94.75%-47.67%-96.86%-96.24%N/AN/A
LTHM
Livent Corporation
0.00%0.00%0.00%0.00%N/AN/A
JKS
JinkoSolar Holding Co., Ltd.
-27.95%2.34%-34.45%-25.94%5.72%-2.89%
AY
Atlantica Sustainable Infrastructure plc
0.00%0.00%0.60%8.02%N/AN/A
FLNC
Fluence Energy, Inc.
-72.67%0.46%-79.61%-79.23%N/AN/A
NEP
-40.79%0.00%-42.70%-61.88%N/AN/A
ARRY
Array Technologies, Inc.
-16.89%13.32%-25.07%-62.70%N/AN/A
BLNK
Blink Charging Co.
-46.12%-15.01%-63.28%-75.36%-14.76%N/A
INE.TO
Innergex Renewable Energy Inc.
76.19%2.14%56.00%63.75%-1.78%6.76%
ALB
Albemarle Corporation
-29.55%-9.32%-38.03%-52.08%2.18%1.46%
IFX.DE
Infineon Technologies AG
4.76%8.99%7.58%1.22%14.49%11.75%
TSLA
-28.88%7.46%15.35%58.51%N/AN/A
*Annualized

Monthly Returns

The table below presents the monthly returns of Renewable Energy, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-5.70%-5.83%-6.34%-4.52%0.71%-20.02%
2024-16.47%-1.84%0.03%-7.27%24.82%-17.36%3.74%-5.23%8.37%-9.14%9.25%-2.43%-19.03%
2023-5.66%-14.46%-13.00%-19.08%7.00%13.84%-30.79%

Expense Ratio

Renewable Energy has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.


The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Renewable Energy is 2, meaning it’s performing worse than 98% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of Renewable Energy is 22
Overall Rank
The Sharpe Ratio Rank of Renewable Energy is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of Renewable Energy is 11
Sortino Ratio Rank
The Omega Ratio Rank of Renewable Energy is 22
Omega Ratio Rank
The Calmar Ratio Rank of Renewable Energy is 22
Calmar Ratio Rank
The Martin Ratio Rank of Renewable Energy is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for Portfolio, currently valued at -0.49, compared to the broader market-4.00-2.000.002.004.00
Portfolio: -0.49
^GSPC: 0.67
The chart of Sortino ratio for Portfolio, currently valued at -0.50, compared to the broader market-6.00-4.00-2.000.002.004.00
Portfolio: -0.50
^GSPC: 1.05
The chart of Omega ratio for Portfolio, currently valued at 0.94, compared to the broader market0.400.600.801.001.201.401.60
Portfolio: 0.94
^GSPC: 1.16
The chart of Calmar ratio for Portfolio, currently valued at -0.30, compared to the broader market0.002.004.006.00
Portfolio: -0.30
^GSPC: 0.68
The chart of Martin ratio for Portfolio, currently valued at -0.90, compared to the broader market0.005.0010.0015.0020.0025.00
Portfolio: -0.90
^GSPC: 2.70

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
ENPH
Enphase Energy, Inc.
-0.91-1.360.84-0.76-1.44
SEDG
-0.74-1.150.87-0.76-1.16
FSLR
First Solar, Inc.
-0.55-0.550.94-0.53-0.86
ED
Consolidated Edison, Inc.
0.871.381.160.952.24
PLUG
-0.70-1.050.89-0.71-1.61
ORA
0.130.351.050.130.29
NPI.TO
-0.32-0.270.97-0.24-0.53
DUK
Duke Energy Corporation
1.331.901.231.984.97
GE
General Electric Company
0.821.251.191.314.04
STEM
-0.350.411.05-0.59-0.95
MAXN
Maxeon Solar Technologies, Ltd.
-0.54-1.870.77-0.99-1.07
FREY
FREYR Battery
-0.240.451.05-0.32-0.65
BE
Bloom Energy Corporation
0.481.521.180.941.76
AMRC
Ameresco, Inc.
-0.68-0.760.90-0.66-1.45
SPWR
1.743.081.352.466.39
CSIQ
Canadian Solar Inc.
-0.47-0.270.97-0.48-1.04
NOVA
-0.63-1.490.80-0.96-1.58
LTHM
Livent Corporation
0.00
JKS
JinkoSolar Holding Co., Ltd.
-0.240.181.02-0.28-0.60
AY
Atlantica Sustainable Infrastructure plc
0.090.171.060.130.30
FLNC
Fluence Energy, Inc.
-0.84-1.260.82-0.84-1.60
NEP
-1.29-2.070.66-0.81-1.45
ARRY
Array Technologies, Inc.
-0.72-0.960.89-0.71-1.22
BLNK
Blink Charging Co.
-0.99-1.900.79-0.81-1.37
INE.TO
Innergex Renewable Energy Inc.
1.043.261.371.393.91
ALB
Albemarle Corporation
-0.92-1.420.83-0.67-1.52
IFX.DE
Infineon Technologies AG
-0.41-0.350.96-0.43-0.94
TSLA
0.981.781.211.313.02

The current Renewable Energy Sharpe ratio is -0.49. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 0.55 to 1.09, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Renewable Energy with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
-0.49
0.67
Renewable Energy
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Renewable Energy provided a 2.25% dividend yield over the last twelve months.


TTM20242023202220212020201920182017201620152014
Portfolio2.25%2.17%1.74%1.08%0.94%0.92%1.15%1.38%1.20%1.11%1.33%1.04%
ENPH
Enphase Energy, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SEDG
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FSLR
First Solar, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ED
Consolidated Edison, Inc.
3.04%3.72%3.56%3.32%3.63%4.23%3.27%3.74%3.25%3.64%4.05%3.82%
PLUG
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ORA
0.66%0.71%0.63%0.56%0.61%0.49%0.59%1.01%0.64%0.97%0.71%0.77%
NPI.TO
9.74%11.02%6.95%5.01%5.04%4.11%6.77%5.53%4.67%4.64%5.79%7.06%
DUK
Duke Energy Corporation
3.42%3.84%4.18%3.86%3.72%4.17%4.11%4.21%4.15%4.33%4.54%3.77%
GE
General Electric Company
0.58%0.67%0.25%0.38%0.34%0.37%0.36%4.89%4.81%2.94%2.95%3.52%
STEM
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MAXN
Maxeon Solar Technologies, Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FREY
FREYR Battery
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BE
Bloom Energy Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AMRC
Ameresco, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPWR
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CSIQ
Canadian Solar Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NOVA
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LTHM
Livent Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JKS
JinkoSolar Holding Co., Ltd.
8.36%6.02%4.06%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AY
Atlantica Sustainable Infrastructure plc
5.06%7.08%8.28%6.83%4.80%4.37%5.95%6.79%6.13%2.34%7.41%1.08%
FLNC
Fluence Energy, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NEP
25.76%20.20%11.10%4.27%3.08%3.37%3.74%3.98%3.46%5.08%3.03%0.56%
ARRY
Array Technologies, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BLNK
Blink Charging Co.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
INE.TO
Innergex Renewable Energy Inc.
2.66%4.47%7.83%4.44%3.87%2.63%4.15%5.42%4.58%4.56%5.47%5.28%
ALB
Albemarle Corporation
2.68%1.87%1.11%0.73%0.67%1.04%2.02%1.74%1.00%1.42%2.07%1.83%
IFX.DE
Infineon Technologies AG
1.17%1.11%0.85%0.95%0.54%0.86%1.33%1.44%0.96%1.21%1.33%1.36%
TSLA
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-55.18%
-7.45%
Renewable Energy
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Renewable Energy. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Renewable Energy was 59.48%, occurring on Apr 8, 2025. The portfolio has not yet recovered.

The current Renewable Energy drawdown is 55.18%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.48%Jul 19, 2023445Apr 8, 2025

Volatility

Volatility Chart

The current Renewable Energy volatility is 14.81%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
14.81%
14.17%
Renewable Energy
Benchmark (^GSPC)
Portfolio components

Diversification

Diversification Metrics


Number of Effective Assets
5.0010.0015.0020.0025.00
Effective Assets: 28.00

The portfolio contains 28 assets, with an effective number of assets of 28.00, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

^GSPCEDDUKLTHMSPWRGEIFX.DEAYTSLAINE.TONPI.TOMAXNSTEMNEPFREYJKSBEALBARRYNOVABLNKPLUGFSLRFLNCORAAMRCSEDGENPHCSIQPortfolio
^GSPC1.000.040.060.170.230.580.320.200.570.260.300.290.300.230.350.300.430.450.280.300.430.360.370.400.410.400.380.390.370.54
ED0.041.000.780.05-0.060.01-0.080.23-0.090.240.180.010.050.26-0.01-0.020.060.050.080.19-0.020.040.02-0.030.260.120.080.100.030.11
DUK0.060.781.000.070.010.02-0.110.29-0.080.240.19-0.020.040.32-0.01-0.050.100.020.110.17-0.020.040.07-0.000.280.150.070.110.020.12
LTHM0.170.050.071.000.100.120.180.190.160.170.170.160.220.140.170.150.160.350.150.180.160.180.210.250.210.230.170.180.130.28
SPWR0.23-0.060.010.101.000.150.070.130.220.150.230.190.120.280.280.250.150.200.180.210.190.220.210.190.240.240.210.210.210.39
GE0.580.010.020.120.151.000.180.100.320.160.160.140.190.130.250.150.310.250.180.100.180.170.250.290.210.220.190.200.200.31
IFX.DE0.32-0.08-0.110.180.070.181.000.150.250.180.170.140.140.160.240.230.250.290.200.170.290.220.230.210.170.240.300.220.240.34
AY0.200.230.290.190.130.100.151.000.160.310.260.130.180.460.160.150.240.190.220.250.200.200.270.240.390.320.190.230.210.35
TSLA0.57-0.09-0.080.160.220.320.250.161.000.180.200.200.220.130.310.220.340.420.160.180.350.300.260.330.270.280.280.290.280.43
INE.TO0.260.240.240.170.150.160.180.310.181.000.640.200.260.390.240.250.280.270.270.290.280.300.290.280.420.350.330.320.350.44
NPI.TO0.300.180.190.170.230.160.170.260.200.641.000.250.220.330.230.280.330.260.260.310.290.330.320.330.420.380.320.320.350.47
MAXN0.290.01-0.020.160.190.140.140.130.200.200.251.000.390.280.400.400.350.370.390.400.420.420.400.380.340.380.400.420.480.58
STEM0.300.050.040.220.120.190.140.180.220.260.220.391.000.280.430.330.430.340.420.370.460.480.360.480.400.440.440.420.430.61
NEP0.230.260.320.140.280.130.160.460.130.390.330.280.281.000.320.320.320.320.390.460.310.370.400.350.460.400.390.420.380.54
FREY0.35-0.01-0.010.170.280.250.240.160.310.240.230.400.430.321.000.400.420.430.450.370.510.500.420.470.410.480.470.430.480.67
JKS0.30-0.02-0.050.150.250.150.230.150.220.250.280.400.330.320.401.000.390.460.440.440.460.450.460.500.410.520.520.520.730.66
BE0.430.060.100.160.150.310.250.240.340.280.330.350.430.320.420.391.000.360.370.400.460.490.460.540.480.530.460.440.490.65
ALB0.450.050.020.350.200.250.290.190.420.270.260.370.340.320.430.460.361.000.420.410.470.460.420.450.450.440.510.520.490.64
ARRY0.280.080.110.150.180.180.200.220.160.270.260.390.420.390.450.440.370.421.000.520.420.440.530.550.470.490.570.560.570.67
NOVA0.300.190.170.180.210.100.170.250.180.290.310.400.370.460.370.440.400.410.521.000.390.480.450.530.500.500.580.580.540.67
BLNK0.43-0.02-0.020.160.190.180.290.200.350.280.290.420.460.310.510.460.460.470.420.391.000.570.460.500.440.500.520.480.540.70
PLUG0.360.040.040.180.220.170.220.200.300.300.330.420.480.370.500.450.490.460.440.480.571.000.450.500.470.480.530.520.530.71
FSLR0.370.020.070.210.210.250.230.270.260.290.320.400.360.400.420.460.460.420.530.450.460.451.000.540.480.500.570.630.590.69
FLNC0.40-0.03-0.000.250.190.290.210.240.330.280.330.380.480.350.470.500.540.450.550.530.500.500.541.000.470.580.520.550.600.73
ORA0.410.260.280.210.240.210.170.390.270.420.420.340.400.460.410.410.480.450.470.500.440.470.480.471.000.530.490.540.520.67
AMRC0.400.120.150.230.240.220.240.320.280.350.380.380.440.400.480.520.530.440.490.500.500.480.500.580.531.000.540.510.610.73
SEDG0.380.080.070.170.210.190.300.190.280.330.320.400.440.390.470.520.460.510.570.580.520.530.570.520.490.541.000.780.640.75
ENPH0.390.100.110.180.210.200.220.230.290.320.320.420.420.420.430.520.440.520.560.580.480.520.630.550.540.510.781.000.640.73
CSIQ0.370.030.020.130.210.200.240.210.280.350.350.480.430.380.480.730.490.490.570.540.540.530.590.600.520.610.640.641.000.78
Portfolio0.540.110.120.280.390.310.340.350.430.440.470.580.610.540.670.660.650.640.670.670.700.710.690.730.670.730.750.730.781.00
The correlation results are calculated based on daily price changes starting from Jul 19, 2023