ENPH vs. ICLN
Compare and contrast key facts about Enphase Energy, Inc. (ENPH) and iShares Global Clean Energy ETF (ICLN).
ICLN is a passively managed fund by iShares that tracks the performance of the S&P Global Clean Energy Index. It was launched on Jun 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENPH or ICLN.
Key characteristics
| ENPH | ICLN | |
|---|---|---|
| YTD Return | -54.65% | -25.85% |
| 1Y Return | -56.76% | -22.81% |
| 5Y Return (Ann) | 90.21% | 12.56% |
| 10Y Return (Ann) | 30.66% | 5.56% |
| Sharpe Ratio | -1.05 | -1.07 |
| Daily Std Dev | 56.17% | 24.39% |
| Max Drawdown | -95.97% | -87.16% |
Correlation
The correlation between ENPH and ICLN is 0.50, 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.
ENPH vs. ICLN - Performance Comparison
In the year-to-date period, ENPH achieves a -54.65% return, which is significantly lower than ICLN's -25.85% return. Over the past 10 years, ENPH has outperformed ICLN with an annualized return of 30.66%, while ICLN has yielded a comparatively lower 5.56% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
ENPH vs. ICLN - Dividend Comparison
ENPH has not paid dividends to shareholders, while ICLN's dividend yield for the trailing twelve months is around 1.10%.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENPH Enphase Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICLN iShares Global Clean Energy ETF | 1.10% | 0.90% | 1.20% | 0.35% | 1.40% | 2.91% | 2.68% | 4.29% | 2.70% | 3.31% | 2.53% | 4.72% |
ENPH vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enphase Energy, Inc. (ENPH) and iShares Global Clean Energy ETF (ICLN). 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 | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ENPH Enphase Energy, Inc. | -1.05 | ||||
ICLN iShares Global Clean Energy ETF | -1.07 |
ENPH vs. ICLN - Drawdown Comparison
The maximum ENPH drawdown for the period was -65.13%, roughly equal to the maximum ICLN drawdown of -55.15%. The drawdown chart below compares losses from any high point along the way for ENPH and ICLN
ENPH vs. ICLN - Volatility Comparison
Enphase Energy, Inc. (ENPH) has a higher volatility of 9.85% compared to iShares Global Clean Energy ETF (ICLN) at 4.99%. This indicates that ENPH's price experiences larger fluctuations and is considered to be riskier than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.