CLNE vs. GLDV.MI

Last updated Jun 4, 2026

CLNE (Clean Energy Fuels Corp.) is a stock, while GLDV.MI (SPDR S&P Global Dividend Aristocrats UCITS) is Global Equity Income fund tracking the S&P Global BMI Index. Over the past 10 years, CLNE returned -5.53%/yr vs 6.56%/yr for GLDV.MI. At a 0.28 correlation, their price movements are largely independent.

Performance

CLNE vs. GLDV.MI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clean Energy Fuels Corp. (CLNE) and SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLNE is traded in USD, while GLDV.MI is traded in EUR. To make them comparable, the GLDV.MI values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLNE achieves a -4.29% return, which is significantly lower than GLDV.MI's 5.55% return. Over the past 10 years, CLNE has underperformed GLDV.MI with an annualized return of -5.53%, while GLDV.MI has yielded a comparatively higher 6.56% annualized return.

CLNE

• 1D: -4.74%
• 1M: -16.94%
• YTD: -4.29%
• 6M: -12.61%
• 1Y: 7.49%
• 3Y*: -22.21%
• 5Y*: -26.40%
• 10Y*: -5.53%

GLDV.MI

• 1D: -0.68%
• 1M: -0.82%
• YTD: 5.55%
• 6M: 6.88%
• 1Y: 17.15%
• 3Y*: 14.41%
• 5Y*: 5.43%
• 10Y*: 6.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLNE vs. GLDV.MI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLNE Clean Energy Fuels Corp.	-4.29%	-16.33%	-34.46%	-26.35%	-15.17%	-22.01%	235.90%	36.05%	-15.27%	-29.02%
GLDV.MI SPDR S&P Global Dividend Aristocrats UCITS	5.55%	18.03%	7.77%	6.51%	-7.04%	15.18%	-8.77%	20.38%	-8.61%	18.83%

Correlation

The correlation between CLNE and GLDV.MI is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Jan 28, 2014	0.28

The correlation between CLNE and GLDV.MI shifts across timeframes, from 0.12 (1 year) to 0.32 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

CLNE vs. GLDV.MI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLNE

CLNE Risk / Return Rank: 45
CLNE Sharpe Ratio Rank: 46
CLNE Sortino Ratio Rank: 44
CLNE Omega Ratio Rank: 43
CLNE Calmar Ratio Rank: 46
CLNE Martin Ratio Rank: 45

GLDV.MI

GLDV.MI Risk / Return Rank: 48
GLDV.MI Sharpe Ratio Rank: 47
GLDV.MI Sortino Ratio Rank: 48
GLDV.MI Omega Ratio Rank: 43
GLDV.MI Calmar Ratio Rank: 54
GLDV.MI Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLNE vs. GLDV.MI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clean Energy Fuels Corp. (CLNE) and SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI). 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.

	CLNE	GLDV.MI	Difference
Sharpe ratio Return per unit of total volatility	0.14	1.69	-1.55
Sortino ratio Return per unit of downside risk	0.60	2.48	-1.88
Omega ratio Gain probability vs. loss probability	1.07	1.30	-0.23
Calmar ratio Return relative to maximum drawdown	0.22	2.21	-2.00
Martin ratio Return relative to average drawdown	0.37	6.84	-6.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLNE vs. GLDV.MI - Sharpe Ratio Comparison

The current CLNE Sharpe Ratio is 0.14, which is lower than the GLDV.MI Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of CLNE and GLDV.MI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CLNE	GLDV.MI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	1.69	-1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.40	0.38	-0.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	0.41	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.37	-0.50

Drawdowns

CLNE vs. GLDV.MI - Drawdown Comparison

The maximum CLNE drawdown since its inception was -95.48%, which is greater than GLDV.MI's maximum drawdown of -41.61%. Use the drawdown chart below to compare losses from any high point for CLNE and GLDV.MI.

Drawdown Indicators

	CLNE	GLDV.MI	Difference
Max Drawdown Largest peak-to-trough decline	-95.48%	-41.61%	-53.87%
Max Drawdown (1Y) Largest decline over 1 year	-34.97%	-7.75%	-27.22%
Max Drawdown (3Y) Largest decline over 3 years	-74.37%	-13.38%	-60.99%
Max Drawdown (5Y) Largest decline over 5 years	-89.86%	-20.82%	-69.04%
Max Drawdown (10Y) Largest decline over 10 years	-92.92%	-41.61%	-51.31%
Current Drawdown Current decline from peak	-91.60%	-3.34%	-88.26%
Average Drawdown Average peak-to-trough decline	-66.47%	-6.45%	-60.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.23%	2.51%	+17.72%

Volatility

CLNE vs. GLDV.MI - Volatility Comparison

Clean Energy Fuels Corp. (CLNE) has a higher volatility of 12.22% compared to SPDR S&P Global Dividend Aristocrats UCITS (GLDV.MI) at 2.97%. This indicates that CLNE's price experiences larger fluctuations and is considered to be riskier than GLDV.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLNE	GLDV.MI	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	2.97%	+9.25%
Volatility (6M) Calculated over the trailing 6-month period	32.35%	7.40%	+24.95%
Volatility (1Y) Calculated over the trailing 1-year period	54.80%	10.13%	+44.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.86%	14.04%	+51.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.37%	15.88%	+55.49%

Dividends

CLNE vs. GLDV.MI - Dividend Comparison

CLNE has not paid dividends to shareholders, while GLDV.MI's dividend yield for the trailing twelve months is around 3.91%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLNE Clean Energy Fuels Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GLDV.MI SPDR S&P Global Dividend Aristocrats UCITS	3.91%	4.25%	3.73%	4.25%	4.51%	3.57%	3.97%	3.46%	5.10%	3.36%	3.62%	3.80%

Frequently Asked Questions

Can I hold both CLNE and GLDV.MI in my portfolio?

CLNE and GLDV.MI have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.