EFRA vs. IYE
Compare and contrast key facts about iShares Environmental Infrastructure and Industrials ETF (EFRA) and iShares U.S. Energy ETF (IYE).
EFRA and IYE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFRA is a passively managed fund by iShares that tracks the performance of the FTSE Green Revenues Select Infrastructure and Industrials Index - USD - Benchmark TR Net. It was launched on Nov 1, 2022. IYE is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Oil & Gas Index. It was launched on Jun 12, 2000. Both EFRA and IYE 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: EFRA or IYE.
Key characteristics
| EFRA | IYE | |
|---|---|---|
| YTD Return | 15.45% | 10.11% |
| 1Y Return | 34.11% | 1.43% |
| Sharpe Ratio | 2.16 | 0.12 |
| Sortino Ratio | 3.06 | 0.28 |
| Omega Ratio | 1.38 | 1.03 |
| Calmar Ratio | 1.93 | 0.16 |
| Martin Ratio | 13.23 | 0.31 |
| Ulcer Index | 2.29% | 6.92% |
| Daily Std Dev | 14.05% | 17.89% |
| Max Drawdown | -15.74% | -73.85% |
| Current Drawdown | -1.35% | -5.64% |
Correlation
The correlation between EFRA and IYE is 0.42, 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.
Performance
EFRA vs. IYE - Performance Comparison
In the year-to-date period, EFRA achieves a 15.45% return, which is significantly higher than IYE's 10.11% 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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EFRA vs. IYE - Expense Ratio Comparison
EFRA has a 0.47% expense ratio, which is higher than IYE's 0.42% expense ratio.
Risk-Adjusted Performance
EFRA vs. IYE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Environmental Infrastructure and Industrials ETF (EFRA) and iShares U.S. Energy ETF (IYE). 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
EFRA vs. IYE - Dividend Comparison
EFRA's dividend yield for the trailing twelve months is around 1.41%, less than IYE's 2.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFRA iShares Environmental Infrastructure and Industrials ETF | 1.41% | 1.85% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYE iShares U.S. Energy ETF | 2.73% | 2.99% | 3.37% | 2.98% | 4.75% | 6.52% | 3.06% | 2.61% | 2.04% | 3.31% | 1.99% | 1.49% |
Drawdowns
EFRA vs. IYE - Drawdown Comparison
The maximum EFRA drawdown since its inception was -15.74%, smaller than the maximum IYE drawdown of -73.85%. Use the drawdown chart below to compare losses from any high point for EFRA and IYE. For additional features, visit the drawdowns tool.
Volatility
EFRA vs. IYE - Volatility Comparison
The current volatility for iShares Environmental Infrastructure and Industrials ETF (EFRA) is 3.31%, while iShares U.S. Energy ETF (IYE) has a volatility of 6.64%. This indicates that EFRA experiences smaller price fluctuations and is considered to be less risky than IYE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.