CLH vs. QCLN
Compare and contrast key facts about Clean Harbors, Inc. (CLH) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
QCLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ Clean Edge Green Energy. It was launched on Feb 8, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLH or QCLN.
Performance
CLH vs. QCLN - Performance Comparison
Returns By Period
In the year-to-date period, CLH achieves a 48.42% return, which is significantly higher than QCLN's -15.03% return. Over the past 10 years, CLH has outperformed QCLN with an annualized return of 18.72%, while QCLN has yielded a comparatively lower 7.97% annualized return.
CLH
48.42%
2.02%
18.89%
58.98%
25.52%
18.72%
QCLN
-15.03%
4.93%
-5.16%
-0.25%
9.52%
7.97%
Key characteristics
| CLH | QCLN | |
|---|---|---|
| Sharpe Ratio | 2.16 | -0.01 |
| Sortino Ratio | 2.74 | 0.24 |
| Omega Ratio | 1.39 | 1.03 |
| Calmar Ratio | 4.84 | -0.00 |
| Martin Ratio | 17.82 | -0.01 |
| Ulcer Index | 3.31% | 18.63% |
| Daily Std Dev | 27.35% | 34.66% |
| Max Drawdown | -95.54% | -76.18% |
| Current Drawdown | -1.67% | -58.96% |
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Correlation
The correlation between CLH and QCLN is 0.44, 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. QCLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Harbors, Inc. (CLH) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). 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. QCLN - Dividend Comparison
CLH has not paid dividends to shareholders, while QCLN's dividend yield for the trailing twelve months is around 0.95%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 0.95% | 0.76% | 0.33% | 0.01% | 0.30% | 0.85% | 1.03% | 0.45% | 1.25% | 0.72% | 0.78% | 0.41% |
Drawdowns
CLH vs. QCLN - Drawdown Comparison
The maximum CLH drawdown since its inception was -95.54%, which is greater than QCLN's maximum drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for CLH and QCLN. For additional features, visit the drawdowns tool.
Volatility
CLH vs. QCLN - Volatility Comparison
Clean Harbors, Inc. (CLH) has a higher volatility of 15.49% compared to First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) at 8.46%. This indicates that CLH's price experiences larger fluctuations and is considered to be riskier than QCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.