CEG vs. IH2O.L
CEG (Constellation Energy Corp) is a stock, while IH2O.L (iShares Global Water UCITS ETF) is Water Equities fund tracking the S&P Global Water TR. Over the past 3 years, CEG returned 40.06%/yr vs 7.92%/yr for IH2O.L. At a 0.24 correlation, their price movements are largely independent.
Performance
CEG vs. IH2O.L - Performance Comparison
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Different Trading Currencies
CEG is traded in USD, while IH2O.L is traded in GBp. To make them comparable, the IH2O.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CEG achieves a -27.96% return, which is significantly lower than IH2O.L's -1.72% return.
CEG
- 1D
- 2.86%
- 1M
- -5.03%
- YTD
- -27.96%
- 6M
- -27.70%
- 1Y
- -14.08%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
IH2O.L
- 1D
- 0.98%
- 1M
- 1.10%
- YTD
- -1.72%
- 6M
- -1.10%
- 1Y
- 3.28%
- 3Y*
- 7.92%
- 5Y*
- 4.12%
- 10Y*
- 9.52%
CEG vs. IH2O.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -27.96% | 58.80% | 92.71% | 37.24% | 73.87% |
IH2O.L iShares Global Water UCITS ETF | -1.72% | 18.03% | 4.26% | 12.99% | -11.33% |
Correlation
The correlation between CEG and IH2O.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.24 |
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Return for Risk
CEG vs. IH2O.L — Risk / Return Rank
CEG
IH2O.L
CEG vs. IH2O.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) and iShares Global Water UCITS ETF (IH2O.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CEG | IH2O.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.04 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 0.22 | -0.60 |
| Martin ratioReturn relative to average drawdown | -0.78 | 0.54 | -1.32 |
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Drawdowns
CEG vs. IH2O.L - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, smaller than the maximum IH2O.L drawdown of -77.04%. Use the drawdown chart below to compare losses from any high point for CEG and IH2O.L.
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Drawdown Indicators
| CEG | IH2O.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -77.04% | +26.34% |
Max Drawdown (1Y)Largest decline over 1 year | -39.77% | -10.67% | -29.10% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -16.25% | -34.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.94% | — |
Current DrawdownCurrent decline from peak | -36.93% | -9.35% | -27.58% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -30.54% | +18.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.38% | 4.41% | +14.97% |
Volatility
CEG vs. IH2O.L - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 15.26% compared to iShares Global Water UCITS ETF (IH2O.L) at 4.03%. This indicates that CEG's price experiences larger fluctuations and is considered to be riskier than IH2O.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEG | IH2O.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.26% | 4.03% | +11.23% |
Volatility (6M)Calculated over the trailing 6-month period | 37.72% | 10.62% | +27.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.66% | 13.41% | +33.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.38% | 16.48% | +32.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.38% | 16.61% | +32.77% |
Dividends
CEG vs. IH2O.L - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.64%, less than IH2O.L's 1.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.64% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IH2O.L iShares Global Water UCITS ETF | 1.43% | 1.35% | 1.05% | 1.21% | 1.11% | 1.67% | 1.00% | 1.43% | 1.77% | 1.52% | 1.62% | 1.61% |
Frequently Asked Questions
CEG and IH2O.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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