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

Performance

CLH vs. EVX - Performance Comparison

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

0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
14.77%
12.26%
CLH
EVX

Returns By Period

In the year-to-date period, CLH achieves a 43.28% return, which is significantly higher than EVX's 23.10% return. Over the past 10 years, CLH has outperformed EVX with an annualized return of 17.67%, while EVX has yielded a comparatively lower 13.76% annualized return.


CLH

YTD

43.28%

1M

-3.08%

6M

16.15%

1Y

51.51%

5Y (annualized)

24.84%

10Y (annualized)

17.67%

EVX

YTD

23.10%

1M

2.03%

6M

13.74%

1Y

31.48%

5Y (annualized)

13.23%

10Y (annualized)

13.76%

Key characteristics


CLHEVX
Sharpe Ratio1.922.25
Sortino Ratio2.503.03
Omega Ratio1.361.39
Calmar Ratio4.292.38
Martin Ratio15.8215.41
Ulcer Index3.31%2.07%
Daily Std Dev27.28%14.19%
Max Drawdown-95.54%-55.91%
Current Drawdown-5.07%-2.02%

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Correlation

-0.50.00.51.00.6

The correlation between CLH and EVX is 0.55, 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.

Risk-Adjusted Performance

CLH vs. EVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Clean Harbors, Inc. (CLH) 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 CLH, currently valued at 1.92, compared to the broader market-4.00-2.000.002.004.001.922.25
The chart of Sortino ratio for CLH, currently valued at 2.50, compared to the broader market-4.00-2.000.002.004.002.503.03
The chart of Omega ratio for CLH, currently valued at 1.36, compared to the broader market0.501.001.502.001.361.39
The chart of Calmar ratio for CLH, currently valued at 4.29, compared to the broader market0.002.004.006.004.292.38
The chart of Martin ratio for CLH, currently valued at 15.82, compared to the broader market0.0010.0020.0030.0015.8215.41
CLH
EVX

The current CLH Sharpe Ratio is 1.92, which is comparable to the EVX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of CLH 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
1.92
2.25
CLH
EVX

Dividends

CLH vs. EVX - Dividend Comparison

CLH has not paid dividends to shareholders, while EVX's dividend yield for the trailing twelve months is around 0.77%.


TTM20232022202120202019201820172016201520142013
CLH
Clean Harbors, 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%
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

CLH vs. EVX - Drawdown Comparison

The maximum CLH drawdown since its inception was -95.54%, which is greater than EVX's maximum drawdown of -55.91%. Use the drawdown chart below to compare losses from any high point for CLH and EVX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.07%
-2.02%
CLH
EVX

Volatility

CLH vs. EVX - Volatility Comparison

Clean Harbors, Inc. (CLH) has a higher volatility of 15.25% compared to VanEck Vectors Environmental Services ETF (EVX) at 5.12%. This indicates that CLH's price experiences larger fluctuations and is considered to be riskier than EVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
15.25%
5.12%
CLH
EVX