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 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALTM vs. ICLN - Performance Comparison
Key characteristics
ALTM:
0.16
ICLN:
-0.71
ALTM:
0.96
ICLN:
-0.88
ALTM:
1.11
ICLN:
0.90
ALTM:
0.18
ICLN:
-0.24
ALTM:
0.42
ICLN:
-1.41
ALTM:
28.86%
ICLN:
11.77%
ALTM:
73.83%
ICLN:
23.46%
ALTM:
-68.21%
ICLN:
-87.11%
ALTM:
-19.27%
ICLN:
-69.50%
Returns By Period
In the year-to-date period, ALTM achieves a 11.89% return, which is significantly higher than ICLN's -0.09% return.
ALTM
11.89%
8.92%
100.70%
22.65%
N/A
N/A
ICLN
-0.09%
-2.40%
-17.64%
-17.34%
-1.07%
2.63%
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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 1.85%.
| 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 | 1.85% | 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 -87.11%. 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
Arcadium Lithium plc (ALTM) has a higher volatility of 8.21% compared to iShares Global Clean Energy ETF (ICLN) at 6.12%. This indicates that ALTM's price experiences larger fluctuations and is considered to be riskier than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.