iShares Energy Storage & Materials ETF (IBAT) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IBAT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IBAT
IBAT charges 0.47% annually. There are 5 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 241.65M | Apr 2021 | IBAT vs LCTD | |
| Fidelity Clean Energy ETF | 0.39% | 140.82M | Oct 2021 | IBAT vs FRNW | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | 263.96M | Oct 2018 | IBAT vs CNRG | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | IBAT vs HJEN | |
| iShares Global Clean Energy ETF | 0.46% | 3.21B | Jun 2008 | IBAT vs ICLN |
Best Risk-Adjusted Alternatives to IBAT
IBAT has a PortfoliosLab risk / return rank of 95. No ETFs in the Alternative Energy Equities category have higher risk-adjusted ranks; the top alternatives shown here go as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Global Clean Energy ETF | 94 | 232.71M | Jun 2007 | IBAT vs PBD | |
| Macquarie Energy Transition ETF | 93 | 7.61M | Nov 2023 | IBAT vs PWER | |
| Global X Hydrogen ETF | 92 | 167.96M | Jul 2021 | IBAT vs HYDR | |
| Global X CleanTech ETF | 90 | 33.81M | Oct 2020 | IBAT vs CTEC | |
| Fidelity Clean Energy ETF | 90 | 140.82M | Oct 2021 | IBAT vs FRNW |
Top Performing IBAT Alternatives (YTD)
IBAT is at 64.52% YTD. There is 1 ETF in the Alternative Energy Equities category with a higher YTD return, going as high as 110.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Hydrogen ETF | 110.14% | 167.96M | Jul 2021 | IBAT vs HYDR | |
| First Trust NASDAQ Clean Edge Green Energy Index F... | 52.94% | 895.30M | Feb 2007 | IBAT vs QCLN | |
| Invesco Solar ETF | 43.10% | 2.29B | Apr 2008 | IBAT vs TAN | |
| Global X CleanTech ETF | 42.98% | 33.81M | Oct 2020 | IBAT vs CTEC | |
| iShares Global Clean Energy ETF | 40.54% | 3.21B | Jun 2008 | IBAT vs ICLN |
Lowest Volatility Alternatives to IBAT
IBAT has 26.35% 1-year volatility. There are 10 ETFs in the Alternative Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | IBAT vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 14.55% | 241.65M | Apr 2021 | IBAT vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 15.77% | 30.24M | May 2015 | IBAT vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 16.73% | 151.79M | Oct 2006 | IBAT vs ERTH | |
| First Trust Nasdaq Clean Edge Smart GRID Infrastru... | 19.39% | 11.29B | Nov 2009 | IBAT vs GRID |
Lowest Drawdown Alternatives to IBAT
IBAT has a 1-year max drawdown of -12.25%. There are 10 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Funds Global X Renewable Energy Producers... | -5.95% | 30.24M | May 2015 | IBAT vs RNRG | |
| First Trust Global Wind Energy ETF | -7.71% | 319.68M | Jun 2008 | IBAT vs FAN | |
| Invesco MSCI Sustainable Future ETF | -8.07% | 151.79M | Oct 2006 | IBAT vs ERTH | |
| VanEck Low Carbon Energy ETF | -8.82% | 152.21M | May 2007 | IBAT vs SMOG | |
| Macquarie Energy Transition ETF | -9.07% | 7.61M | Nov 2023 | IBAT vs PWER |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.51% | 91.90B | May 2020 | IBAT vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -25.48% | 58.12B | Jan 2024 | IBAT vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 70 | 10.85% | 854.92B | May 2000 | IBAT vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | -0.27% | 42.90B | Jul 2002 | IBAT vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 104.57% | 38.37B | Jul 2001 | IBAT vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 71 | 8.76% | 40.46B | Jun 2014 | IBAT vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 47 | 2.78% | 36.82B | Apr 2006 | IBAT vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 32 | 2.98% | 69.92B | Jan 2005 | IBAT vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 62 | 17.07% | 80.93B | May 2000 | IBAT vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 66 | 12.13% | 32.93B | Mar 2008 | IBAT vs ACWI |
Often Compared With IBAT
Investors most often compare IBAT with ION, LIT, CRAK. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare IBAT with Any Fund or Stock
Compare IBAT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IBAT with funds that move differently
iShares Energy Storage & Materials ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IBAT.
Explore IBAT Diversifiers