EDG2.L vs. ENPH
Compare and contrast key facts about iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) and Enphase Energy, Inc. (ENPH).
EDG2.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on Oct 22, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDG2.L or ENPH.
Key characteristics
| EDG2.L | ENPH | |
|---|---|---|
| YTD Return | 8.07% | -54.30% |
| 1Y Return | 10.22% | -33.92% |
| 3Y Return (Ann) | -2.81% | -37.93% |
| Sharpe Ratio | 0.61 | -0.35 |
| Sortino Ratio | 0.97 | -0.11 |
| Omega Ratio | 1.11 | 0.99 |
| Calmar Ratio | 0.32 | -0.28 |
| Martin Ratio | 2.99 | -1.15 |
| Ulcer Index | 2.75% | 20.05% |
| Daily Std Dev | 13.47% | 65.63% |
| Max Drawdown | -28.22% | -95.97% |
| Current Drawdown | -13.88% | -82.03% |
Correlation
The correlation between EDG2.L and ENPH is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EDG2.L vs. ENPH - Performance Comparison
In the year-to-date period, EDG2.L achieves a 8.07% return, which is significantly higher than ENPH's -54.30% 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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Risk-Adjusted Performance
EDG2.L vs. ENPH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) and Enphase Energy, Inc. (ENPH). 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
EDG2.L vs. ENPH - Dividend Comparison
Neither EDG2.L nor ENPH has paid dividends to shareholders.
Drawdowns
EDG2.L vs. ENPH - Drawdown Comparison
The maximum EDG2.L drawdown since its inception was -28.22%, smaller than the maximum ENPH drawdown of -95.97%. Use the drawdown chart below to compare losses from any high point for EDG2.L and ENPH. For additional features, visit the drawdowns tool.
Volatility
EDG2.L vs. ENPH - Volatility Comparison
The current volatility for iShares MSCI EM ESG Enhanced UCITS ETF USD (Acc) (EDG2.L) is 5.25%, while Enphase Energy, Inc. (ENPH) has a volatility of 27.23%. This indicates that EDG2.L experiences smaller price fluctuations and is considered to be less risky than ENPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.