DEMZ vs. ICLN
Compare and contrast key facts about Democratic Large Cap Core ETF (DEMZ) and iShares Global Clean Energy ETF (ICLN).
DEMZ and ICLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DEMZ is a passively managed fund by Reflection Asset Management, LLC that tracks the performance of the Democratic Large Cap Core Index. It was launched on Nov 2, 2020. ICLN is a passively managed fund by iShares that tracks the performance of the S&P Global Clean Energy Index. It was launched on Jun 24, 2008. Both DEMZ and ICLN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEMZ or ICLN.
Key characteristics
| DEMZ | ICLN | |
|---|---|---|
| YTD Return | 24.39% | -22.62% |
| 1Y Return | 32.21% | -13.19% |
| 3Y Return (Ann) | 8.54% | -20.97% |
| Sharpe Ratio | 2.61 | -0.26 |
| Sortino Ratio | 3.52 | -0.20 |
| Omega Ratio | 1.48 | 0.98 |
| Calmar Ratio | 4.15 | -0.10 |
| Martin Ratio | 16.10 | -0.61 |
| Ulcer Index | 2.14% | 10.83% |
| Daily Std Dev | 13.21% | 25.94% |
| Max Drawdown | -27.17% | -87.16% |
| Current Drawdown | -0.35% | -68.33% |
Correlation
The correlation between DEMZ and ICLN is 0.53, 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.
Performance
DEMZ vs. ICLN - Performance Comparison
In the year-to-date period, DEMZ achieves a 24.39% return, which is significantly higher than ICLN's -22.62% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DEMZ vs. ICLN - Expense Ratio Comparison
DEMZ has a 0.45% expense ratio, which is lower than ICLN's 0.46% expense ratio.
Risk-Adjusted Performance
DEMZ vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Democratic Large Cap Core ETF (DEMZ) and iShares Global Clean Energy ETF (ICLN). 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
DEMZ vs. ICLN - Dividend Comparison
DEMZ's dividend yield for the trailing twelve months is around 0.72%, less than ICLN's 1.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEMZ Democratic Large Cap Core ETF | 0.72% | 0.90% | 0.98% | 2.46% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICLN iShares Global Clean Energy ETF | 1.83% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% | 2.11% |
Drawdowns
DEMZ vs. ICLN - Drawdown Comparison
The maximum DEMZ drawdown since its inception was -27.17%, smaller than the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for DEMZ and ICLN. For additional features, visit the drawdowns tool.
Volatility
DEMZ vs. ICLN - Volatility Comparison
The current volatility for Democratic Large Cap Core ETF (DEMZ) is 3.40%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 9.29%. This indicates that DEMZ experiences smaller price fluctuations and is considered to be less risky than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.