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AQWA vs. EVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

AQWA vs. EVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Clean Water ETF (AQWA) and VanEck Vectors Environmental Services ETF (EVX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
2.16%
12.27%
AQWA
EVX

Returns By Period

In the year-to-date period, AQWA achieves a 10.90% return, which is significantly lower than EVX's 23.10% return.


AQWA

YTD

10.90%

1M

-0.28%

6M

2.27%

1Y

19.55%

5Y (annualized)

N/A

10Y (annualized)

N/A

EVX

YTD

23.10%

1M

2.03%

6M

13.74%

1Y

31.48%

5Y (annualized)

13.23%

10Y (annualized)

13.76%

Key characteristics


AQWAEVX
Sharpe Ratio1.412.25
Sortino Ratio2.023.03
Omega Ratio1.241.39
Calmar Ratio1.872.38
Martin Ratio6.1615.41
Ulcer Index3.25%2.07%
Daily Std Dev14.24%14.19%
Max Drawdown-29.44%-55.91%
Current Drawdown-2.80%-2.02%

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AQWA vs. EVX - Expense Ratio Comparison

AQWA has a 0.50% expense ratio, which is lower than EVX's 0.55% expense ratio.


EVX
VanEck Vectors Environmental Services ETF
Expense ratio chart for EVX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for AQWA: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.8

The correlation between AQWA and EVX is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

AQWA vs. EVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Clean Water ETF (AQWA) and VanEck Vectors Environmental Services ETF (EVX). 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.


Sharpe ratio
The chart of Sharpe ratio for AQWA, currently valued at 1.41, compared to the broader market0.002.004.001.412.25
The chart of Sortino ratio for AQWA, currently valued at 2.02, compared to the broader market-2.000.002.004.006.008.0010.002.023.03
The chart of Omega ratio for AQWA, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.241.39
The chart of Calmar ratio for AQWA, currently valued at 1.87, compared to the broader market0.005.0010.0015.001.872.38
The chart of Martin ratio for AQWA, currently valued at 6.16, compared to the broader market0.0020.0040.0060.0080.00100.006.1615.41
AQWA
EVX

The current AQWA Sharpe Ratio is 1.41, which is lower than the EVX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of AQWA and EVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.41
2.25
AQWA
EVX

Dividends

AQWA vs. EVX - Dividend Comparison

AQWA's dividend yield for the trailing twelve months is around 1.25%, more than EVX's 0.77% yield.


TTM20232022202120202019201820172016201520142013
AQWA
Global X Clean Water ETF
1.25%1.53%1.56%1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EVX
VanEck Vectors Environmental Services ETF
0.77%0.95%0.41%0.24%0.33%0.44%0.38%0.89%0.70%1.16%1.58%1.15%

Drawdowns

AQWA vs. EVX - Drawdown Comparison

The maximum AQWA drawdown since its inception was -29.44%, smaller than the maximum EVX drawdown of -55.91%. Use the drawdown chart below to compare losses from any high point for AQWA and EVX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.80%
-2.02%
AQWA
EVX

Volatility

AQWA vs. EVX - Volatility Comparison

The current volatility for Global X Clean Water ETF (AQWA) is 4.15%, while VanEck Vectors Environmental Services ETF (EVX) has a volatility of 5.12%. This indicates that AQWA experiences smaller price fluctuations and is considered to be less risky than EVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.15%
5.12%
AQWA
EVX