EBLU vs. AIRR
Compare and contrast key facts about Ecofin Global Water ESG Fund (EBLU) and First Trust RBA American Industrial Renaissance ETF (AIRR).
EBLU and AIRR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EBLU is a passively managed fund by Tortoise that tracks the performance of the Ecofin Water ESG Index. It was launched on Feb 15, 2017. AIRR is a passively managed fund by First Trust that tracks the performance of the Richard Bernstein Advisors American Industrial Renaissance (TR). It was launched on Mar 10, 2014. Both EBLU and AIRR 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: EBLU or AIRR.
Correlation
The correlation between EBLU and AIRR is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EBLU vs. AIRR - Performance Comparison
Loading data...
Key characteristics
EBLU:
21.11%
AIRR:
22.49%
EBLU:
-1.46%
AIRR:
-1.45%
EBLU:
-0.22%
AIRR:
-0.15%
Returns By Period
EBLU
N/A
N/A
N/A
N/A
N/A
N/A
AIRR
N/A
N/A
N/A
N/A
N/A
N/A
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.
Risk-Adjusted Performance
EBLU vs. AIRR — Risk-Adjusted Performance Rank
EBLU
AIRR
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.
Loading data...
Dividends
EBLU vs. AIRR - Dividend Comparison
Neither EBLU nor AIRR has paid dividends to shareholders.
Drawdowns
EBLU vs. AIRR - Drawdown Comparison
The maximum EBLU drawdown since its inception was -1.46%, roughly equal to the maximum AIRR drawdown of -1.45%. Use the drawdown chart below to compare losses from any high point for EBLU and AIRR. For additional features, visit the drawdowns tool.
Loading data...
Volatility
EBLU vs. AIRR - Volatility Comparison
Loading data...