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EBLU vs. AIRR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EBLU and AIRR is 0.65, 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.


-0.50.00.51.00.6

Performance

EBLU vs. AIRR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ecofin Global Water ESG Fund (EBLU) and First Trust RBA American Industrial Renaissance ETF (AIRR). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
107.09%
227.44%
EBLU
AIRR

Key characteristics

Sharpe Ratio

EBLU:

0.82

AIRR:

1.57

Sortino Ratio

EBLU:

1.20

AIRR:

2.20

Omega Ratio

EBLU:

1.15

AIRR:

1.27

Calmar Ratio

EBLU:

0.75

AIRR:

3.74

Martin Ratio

EBLU:

4.05

AIRR:

8.75

Ulcer Index

EBLU:

2.88%

AIRR:

4.30%

Daily Std Dev

EBLU:

14.23%

AIRR:

23.99%

Max Drawdown

EBLU:

-37.58%

AIRR:

-42.37%

Current Drawdown

EBLU:

-6.48%

AIRR:

-9.37%

Returns By Period

In the year-to-date period, EBLU achieves a 9.69% return, which is significantly lower than AIRR's 35.06% return.


EBLU

YTD

9.69%

1M

-2.11%

6M

3.55%

1Y

11.06%

5Y*

7.87%

10Y*

N/A

AIRR

YTD

35.06%

1M

-5.64%

6M

13.21%

1Y

35.80%

5Y*

21.90%

10Y*

15.86%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


EBLU vs. AIRR - Expense Ratio Comparison

EBLU has a 0.40% expense ratio, which is lower than AIRR's 0.70% expense ratio.


AIRR
First Trust RBA American Industrial Renaissance ETF
Expense ratio chart for AIRR: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for EBLU: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

EBLU vs. AIRR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ecofin Global Water ESG Fund (EBLU) and First Trust RBA American Industrial Renaissance ETF (AIRR). 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 EBLU, currently valued at 0.82, compared to the broader market0.002.004.000.821.57
The chart of Sortino ratio for EBLU, currently valued at 1.20, compared to the broader market-2.000.002.004.006.008.0010.001.202.20
The chart of Omega ratio for EBLU, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.27
The chart of Calmar ratio for EBLU, currently valued at 0.75, compared to the broader market0.005.0010.0015.000.753.74
The chart of Martin ratio for EBLU, currently valued at 4.05, compared to the broader market0.0020.0040.0060.0080.00100.004.058.75
EBLU
AIRR

The current EBLU Sharpe Ratio is 0.82, which is lower than the AIRR Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of EBLU and AIRR, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.82
1.57
EBLU
AIRR

Dividends

EBLU vs. AIRR - Dividend Comparison

EBLU's dividend yield for the trailing twelve months is around 1.19%, more than AIRR's 0.24% yield.


TTM2023202220212020201920182017201620152014
EBLU
Ecofin Global Water ESG Fund
1.19%1.46%0.00%1.55%1.42%1.58%1.35%0.20%0.00%0.00%0.00%
AIRR
First Trust RBA American Industrial Renaissance ETF
0.18%0.23%0.12%0.05%0.10%0.20%0.43%0.30%0.08%0.47%0.37%

Drawdowns

EBLU vs. AIRR - Drawdown Comparison

The maximum EBLU drawdown since its inception was -37.58%, smaller than the maximum AIRR drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for EBLU and AIRR. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.48%
-9.37%
EBLU
AIRR

Volatility

EBLU vs. AIRR - Volatility Comparison

The current volatility for Ecofin Global Water ESG Fund (EBLU) is 4.99%, while First Trust RBA American Industrial Renaissance ETF (AIRR) has a volatility of 6.15%. This indicates that EBLU experiences smaller price fluctuations and is considered to be less risky than AIRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.99%
6.15%
EBLU
AIRR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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