CLH vs. EVX
Compare and contrast key facts about Clean Harbors, Inc. (CLH) and VanEck Vectors Environmental Services ETF (EVX).
EVX is a passively managed fund by VanEck that tracks the performance of the NYSE Arca Environmental Services Index. It was launched on Oct 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLH or EVX.
Performance
CLH vs. EVX - Performance Comparison
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
43.28%
-3.08%
16.15%
51.51%
24.84%
17.67%
EVX
23.10%
2.03%
13.74%
31.48%
13.23%
13.76%
Key characteristics
CLH | EVX | |
---|---|---|
Sharpe Ratio | 1.92 | 2.25 |
Sortino Ratio | 2.50 | 3.03 |
Omega Ratio | 1.36 | 1.39 |
Calmar Ratio | 4.29 | 2.38 |
Martin Ratio | 15.82 | 15.41 |
Ulcer Index | 3.31% | 2.07% |
Daily Std Dev | 27.28% | 14.19% |
Max Drawdown | -95.54% | -55.91% |
Current Drawdown | -5.07% | -2.02% |
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Correlation
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.
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%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.