EBLU vs. BPH

Last updated Jun 4, 2026

EBLU (Ecofin Global Water ESG Fund) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - EBLU is a Water Equities fund tracking the Ecofin Water ESG Index, while BPH is a Oil & Gas fund actively managed by Precidian. EBLU is passively managed, while BPH is actively managed. At a correlation of -0.09, they often move in opposite directions. EBLU charges 0.40%/yr vs 0.19%/yr for BPH.

Performance

EBLU vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ecofin Global Water ESG Fund (EBLU) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EBLU

• 1D: 0.17%
• 1M: -3.28%
• YTD: -1.99%
• 6M: -4.11%
• 1Y: -1.51%
• 3Y*: 9.71%
• 5Y*: 3.78%
• 10Y*: —

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EBLU vs. BPH - Yearly Performance Comparison

	2026 (YTD)
EBLU Ecofin Global Water ESG Fund	-1.08%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between EBLU and BPH is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.09

EBLU vs. BPH - Sectors Allocation Comparison

Sectors	EBLU	BPH
Industrials	70.6%	-
Utilities	20.1%	-
Technology	4.0%	-
Basic Materials	4.0%	-
Consumer Defensive	3.4%	-
Energy	1.1%	100.0%
Consumer Cyclical	0.2%	-
Communication Services	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

EBLU vs. BPH — Risk / Return Rank

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

EBLU

EBLU Risk / Return Rank: 7
EBLU Sharpe Ratio Rank: 8
EBLU Sortino Ratio Rank: 7
EBLU Omega Ratio Rank: 7
EBLU Calmar Ratio Rank: 8
EBLU Martin Ratio Rank: 7

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.

EBLU vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ecofin Global Water ESG Fund (EBLU) and BP p.l.c. ADRhedged ETF (BPH). 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.

	EBLU	BPH	Difference
Sharpe ratio Return per unit of total volatility	-0.11	—	—
Sortino ratio Return per unit of downside risk	-0.05	—	—
Omega ratio Gain probability vs. loss probability	0.99	—	—
Calmar ratio Return relative to maximum drawdown	-0.12	—	—
Martin ratio Return relative to average drawdown	-0.28	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EBLU	BPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	9.48	-8.98

Drawdowns

EBLU vs. BPH - Drawdown Comparison

The maximum EBLU drawdown since its inception was -37.58%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for EBLU and BPH.

Drawdown Indicators

	EBLU	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-37.58%	-2.35%	-35.23%
Max Drawdown (1Y) Largest decline over 1 year	-13.17%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.36%	—	—
Current Drawdown Current decline from peak	-11.65%	0.00%	-11.65%
Average Drawdown Average peak-to-trough decline	-8.15%	-1.08%	-7.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.46%	—	—

Volatility

Volatility by Period

	EBLU	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.44%	25.75%	-11.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.32%	25.75%	-8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	25.75%	-6.79%

EBLU vs. BPH - Expense Ratio Comparison

EBLU has a 0.40% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

EBLU vs. BPH - Dividend Comparison

EBLU's dividend yield for the trailing twelve months is around 3.37%, while BPH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBLU Ecofin Global Water ESG Fund	3.37%	3.31%	1.34%	1.46%	1.64%	1.55%	1.42%	1.58%	1.35%	1.32%

Frequently Asked Questions

Can I hold both EBLU and BPH in my portfolio?

EBLU and BPH have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EBLU or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EBLU or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.40% for EBLU.

Which ETF pays a higher dividend yield, EBLU or BPH?

EBLU has the higher dividend yield at 3.37%, compared with 0.00% for BPH.

What is the main difference between EBLU and BPH?

EBLU is categorized as Water Equities, while BPH is Oil & Gas. They also come from different issuers: Tortoise and Precidian. Their fees differ too: 0.40% for EBLU and 0.19% for BPH.