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 0.38, 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
Returns By Period
ALTM
N/A
N/A
N/A
N/A
N/A
N/A
ICLN
1.23%
-2.78%
-13.45%
-10.62%
3.01%
0.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 1.82%.
| 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 | 1.82% | 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
Volatility
ALTM vs. ICLN - Volatility Comparison
The current volatility for Arcadium Lithium plc (ALTM) is 0.00%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 9.73%. 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.