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

Correlation

The correlation between EBLU and PIO is 0.76, 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.


-0.50.00.51.00.8

Performance

EBLU vs. PIO - Performance Comparison

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

95.00%100.00%105.00%110.00%115.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
107.53%
96.33%
EBLU
PIO

Key characteristics

Sharpe Ratio

EBLU:

0.88

PIO:

0.19

Sortino Ratio

EBLU:

1.28

PIO:

0.36

Omega Ratio

EBLU:

1.15

PIO:

1.04

Calmar Ratio

EBLU:

0.81

PIO:

0.24

Martin Ratio

EBLU:

4.45

PIO:

0.68

Ulcer Index

EBLU:

2.82%

PIO:

4.14%

Daily Std Dev

EBLU:

14.33%

PIO:

14.85%

Max Drawdown

EBLU:

-37.58%

PIO:

-64.91%

Current Drawdown

EBLU:

-6.28%

PIO:

-9.49%

Returns By Period

In the year-to-date period, EBLU achieves a 9.92% return, which is significantly higher than PIO's -0.29% return.


EBLU

YTD

9.92%

1M

-1.76%

6M

2.77%

1Y

10.90%

5Y*

7.92%

10Y*

N/A

PIO

YTD

-0.29%

1M

-3.71%

6M

-4.63%

1Y

1.14%

5Y*

6.15%

10Y*

6.75%

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. PIO - Expense Ratio Comparison

EBLU has a 0.40% expense ratio, which is lower than PIO's 0.75% expense ratio.


PIO
Invesco Global Water ETF
Expense ratio chart for PIO: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
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. PIO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ecofin Global Water ESG Fund (EBLU) and Invesco Global Water ETF (PIO). 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 0.88, compared to the broader market0.002.004.000.880.19
The chart of Sortino ratio for EBLU, currently valued at 1.28, compared to the broader market-2.000.002.004.006.008.0010.001.280.36
The chart of Omega ratio for EBLU, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.04
The chart of Calmar ratio for EBLU, currently valued at 0.81, compared to the broader market0.005.0010.0015.000.810.24
The chart of Martin ratio for EBLU, currently valued at 4.45, compared to the broader market0.0020.0040.0060.0080.00100.004.450.68
EBLU
PIO

The current EBLU Sharpe Ratio is 0.88, which is higher than the PIO Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of EBLU and PIO, 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 Ratio0.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
0.88
0.19
EBLU
PIO

Dividends

EBLU vs. PIO - Dividend Comparison

EBLU's dividend yield for the trailing twelve months is around 1.19%, more than PIO's 0.65% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%
PIO
Invesco Global Water ETF
0.65%0.84%1.02%1.19%0.88%1.19%2.00%1.00%1.45%1.62%1.42%1.50%

Drawdowns

EBLU vs. PIO - Drawdown Comparison

The maximum EBLU drawdown since its inception was -37.58%, smaller than the maximum PIO drawdown of -64.91%. Use the drawdown chart below to compare losses from any high point for EBLU and PIO. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.28%
-9.49%
EBLU
PIO

Volatility

EBLU vs. PIO - Volatility Comparison

Ecofin Global Water ESG Fund (EBLU) has a higher volatility of 4.99% compared to Invesco Global Water ETF (PIO) at 3.89%. This indicates that EBLU's price experiences larger fluctuations and is considered to be riskier than PIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
4.99%
3.89%
EBLU
PIO
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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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