ALTM vs. ICLN
Compare and contrast key facts about Arcadium Lithium plc (ALTM) and iShares Global Clean Energy ETF (ICLN).
ICLN is a passively managed fund by iShares that tracks the performance of the S&P Global Clean Energy Index. It was launched on Jun 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTM or ICLN.
Correlation
The correlation between ALTM and ICLN is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALTM vs. ICLN - Performance Comparison
Key characteristics
ALTM:
0.08
ICLN:
-0.79
ALTM:
0.80
ICLN:
-0.99
ALTM:
1.10
ICLN:
0.88
ALTM:
0.08
ICLN:
-0.25
ALTM:
0.20
ICLN:
-1.31
ALTM:
28.42%
ICLN:
13.53%
ALTM:
71.61%
ICLN:
22.42%
ALTM:
-68.21%
ICLN:
-87.15%
ALTM:
-17.86%
ICLN:
-69.87%
Returns By Period
In the year-to-date period, ALTM achieves a 13.84% return, which is significantly higher than ICLN's -0.97% return.
ALTM
13.84%
1.57%
144.35%
17.98%
N/A
N/A
ICLN
-0.97%
-0.88%
-19.75%
-18.65%
-1.31%
1.58%
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Risk-Adjusted Performance
ALTM vs. ICLN — Risk-Adjusted Performance Rank
ALTM
ICLN
ALTM vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arcadium Lithium plc (ALTM) and iShares Global Clean Energy ETF (ICLN). 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.
Dividends
ALTM vs. ICLN - Dividend Comparison
ALTM has not paid dividends to shareholders, while ICLN's dividend yield for the trailing twelve months is around 1.86%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTM Arcadium Lithium plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICLN iShares Global Clean Energy ETF | 1.83% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% |
Drawdowns
ALTM vs. ICLN - Drawdown Comparison
The maximum ALTM drawdown since its inception was -68.21%, smaller than the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for ALTM and ICLN. For additional features, visit the drawdowns tool.
Volatility
ALTM vs. ICLN - Volatility Comparison
The current volatility for Arcadium Lithium plc (ALTM) is 1.45%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 5.88%. This indicates that ALTM experiences smaller price fluctuations and is considered to be less risky than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.