BATT vs. ICLN
Compare and contrast key facts about Amplify Lithium & Battery Technology ETF (BATT) and iShares Global Clean Energy ETF (ICLN).
BATT and ICLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BATT is an actively managed fund by Amplify Investments. It was launched on Jun 6, 2018. 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: BATT or ICLN.
Key characteristics
| BATT | ICLN | |
|---|---|---|
| YTD Return | -9.97% | -11.05% |
| 1Y Return | -18.95% | -23.12% |
| 3Y Return (Ann) | -12.68% | -13.28% |
| 5Y Return (Ann) | -2.20% | 7.46% |
| Sharpe Ratio | -0.78 | -0.89 |
| Daily Std Dev | 23.80% | 25.50% |
| Max Drawdown | -69.38% | -87.16% |
| Current Drawdown | -49.20% | -63.60% |
Correlation
The correlation between BATT and ICLN is 0.67, 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
BATT vs. ICLN - Performance Comparison
In the year-to-date period, BATT achieves a -9.97% return, which is significantly higher than ICLN's -11.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BATT vs. ICLN - Expense Ratio Comparison
BATT has a 0.59% expense ratio, which is higher than ICLN's 0.46% expense ratio.
Risk-Adjusted Performance
BATT vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Lithium & Battery Technology ETF (BATT) 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
BATT vs. ICLN - Dividend Comparison
BATT's dividend yield for the trailing twelve months is around 3.59%, more than ICLN's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATT Amplify Lithium & Battery Technology ETF | 3.59% | 3.23% | 4.14% | 2.32% | 0.21% | 3.22% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICLN iShares Global Clean Energy ETF | 1.79% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.82% | 2.10% |
Drawdowns
BATT vs. ICLN - Drawdown Comparison
The maximum BATT drawdown since its inception was -69.38%, smaller than the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for BATT and ICLN. For additional features, visit the drawdowns tool.
Volatility
BATT vs. ICLN - Volatility Comparison
Amplify Lithium & Battery Technology ETF (BATT) and iShares Global Clean Energy ETF (ICLN) have volatilities of 7.37% and 7.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.