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AMBA vs. QCLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AMBAQCLN
YTD Return-2.40%-10.07%
1Y Return-28.28%-32.52%
3Y Return (Ann)-13.29%-14.82%
5Y Return (Ann)4.42%12.10%
10Y Return (Ann)7.16%7.49%
Sharpe Ratio-0.56-0.93
Daily Std Dev48.34%34.99%
Max Drawdown-81.10%-76.18%
Current Drawdown-72.41%-56.56%

Correlation

-0.50.00.51.00.6

The correlation between AMBA and QCLN is 0.56, 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

AMBA vs. QCLN - Performance Comparison

In the year-to-date period, AMBA achieves a -2.40% return, which is significantly higher than QCLN's -10.07% return. Both investments have delivered pretty close results over the past 10 years, with AMBA having a 7.16% annualized return and QCLN not far ahead at 7.49%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%400.00%600.00%800.00%1,000.00%FebruaryMarchAprilMayJuneJuly
887.13%
383.32%
AMBA
QCLN

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Ambarella, Inc.

First Trust NASDAQ Clean Edge Green Energy Index Fund

Risk-Adjusted Performance

AMBA vs. QCLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ambarella, Inc. (AMBA) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). 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.


AMBA
Sharpe ratio
The chart of Sharpe ratio for AMBA, currently valued at -0.56, compared to the broader market-2.00-1.000.001.002.003.00-0.56
Sortino ratio
The chart of Sortino ratio for AMBA, currently valued at -0.58, compared to the broader market-4.00-2.000.002.004.00-0.58
Omega ratio
The chart of Omega ratio for AMBA, currently valued at 0.93, compared to the broader market0.501.001.502.000.93
Calmar ratio
The chart of Calmar ratio for AMBA, currently valued at -0.34, compared to the broader market0.002.004.006.00-0.34
Martin ratio
The chart of Martin ratio for AMBA, currently valued at -0.79, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.79
QCLN
Sharpe ratio
The chart of Sharpe ratio for QCLN, currently valued at -0.93, compared to the broader market-2.00-1.000.001.002.003.00-0.93
Sortino ratio
The chart of Sortino ratio for QCLN, currently valued at -1.34, compared to the broader market-4.00-2.000.002.004.00-1.34
Omega ratio
The chart of Omega ratio for QCLN, currently valued at 0.86, compared to the broader market0.501.001.502.000.86
Calmar ratio
The chart of Calmar ratio for QCLN, currently valued at -0.50, compared to the broader market0.002.004.006.00-0.50
Martin ratio
The chart of Martin ratio for QCLN, currently valued at -0.98, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.98

AMBA vs. QCLN - Sharpe Ratio Comparison

The current AMBA Sharpe Ratio is -0.56, which is higher than the QCLN Sharpe Ratio of -0.93. The chart below compares the 12-month rolling Sharpe Ratio of AMBA and QCLN.


Rolling 12-month Sharpe Ratio-1.20-1.00-0.80-0.60-0.40FebruaryMarchAprilMayJuneJuly
-0.56
-0.93
AMBA
QCLN

Dividends

AMBA vs. QCLN - Dividend Comparison

AMBA has not paid dividends to shareholders, while QCLN's dividend yield for the trailing twelve months is around 0.76%.


TTM20232022202120202019201820172016201520142013
AMBA
Ambarella, 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%
QCLN
First Trust NASDAQ Clean Edge Green Energy Index Fund
0.76%0.76%0.33%0.01%0.30%0.85%1.03%0.45%1.24%0.72%0.79%0.41%

Drawdowns

AMBA vs. QCLN - Drawdown Comparison

The maximum AMBA drawdown since its inception was -81.10%, which is greater than QCLN's maximum drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for AMBA and QCLN. For additional features, visit the drawdowns tool.


-80.00%-75.00%-70.00%-65.00%-60.00%-55.00%FebruaryMarchAprilMayJuneJuly
-72.41%
-56.56%
AMBA
QCLN

Volatility

AMBA vs. QCLN - Volatility Comparison

Ambarella, Inc. (AMBA) has a higher volatility of 13.61% compared to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) at 10.09%. This indicates that AMBA's price experiences larger fluctuations and is considered to be riskier than QCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%FebruaryMarchAprilMayJuneJuly
13.61%
10.09%
AMBA
QCLN