ENVB vs. ICLN
ENVB (Enveric Biosciences Inc) is a stock, while ICLN (iShares Global Clean Energy ETF) is Alternative Energy Equities fund tracking the S&P Global Clean Energy Index. Over the past 10 years, ENVB returned -74.11%/yr vs 11.99%/yr for ICLN. At a 0.20 correlation, their price movements are largely independent.
Performance
ENVB vs. ICLN - Performance Comparison
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Returns By Period
In the year-to-date period, ENVB achieves a -45.45% return, which is significantly lower than ICLN's 40.54% return. Over the past 10 years, ENVB has underperformed ICLN with an annualized return of -74.11%, while ICLN has yielded a comparatively higher 11.99% annualized return.
ENVB
- 1D
- -10.81%
- 1M
- -41.94%
- YTD
- -45.45%
- 6M
- -66.44%
- 1Y
- -87.01%
- 3Y*
- -85.93%
- 5Y*
- -84.37%
- 10Y*
- -74.11%
ICLN
- 1D
- -2.78%
- 1M
- 11.22%
- YTD
- 40.54%
- 6M
- 39.84%
- 1Y
- 83.73%
- 3Y*
- 8.92%
- 5Y*
- 2.10%
- 10Y*
- 11.99%
ENVB vs. ICLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | -45.45% | -94.37% | -72.43% | -37.50% | -95.53% | -37.16% | -34.51% | -48.17% | -94.37% | -52.38% |
ICLN iShares Global Clean Energy ETF | 40.54% | 47.05% | -25.72% | -20.41% | -5.43% | -24.18% | 141.82% | 44.36% | -9.03% | 21.47% |
Correlation
The correlation between ENVB and ICLN is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.20 |
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Return for Risk
ENVB vs. ICLN — Risk / Return Rank
ENVB
ICLN
ENVB vs. ICLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enveric Biosciences Inc (ENVB) 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.
| ENVB | ICLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.70 | ||
| Sortino ratioReturn per unit of downside risk | -4.64 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.48 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 7.50 | -8.48 |
| Martin ratioReturn relative to average drawdown | -1.34 | 21.35 | -22.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ENVB | ICLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 3.20 | -3.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.54 | 0.08 | -0.62 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.46 | 0.44 | -0.90 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.46 | -0.08 | -0.38 |
Drawdowns
ENVB vs. ICLN - Drawdown Comparison
The maximum ENVB drawdown since its inception was -100.00%, which is greater than ICLN's maximum drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for ENVB and ICLN.
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Drawdown Indicators
| ENVB | ICLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -87.15% | -12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -89.71% | -11.22% | -78.49% |
Max Drawdown (3Y)Largest decline over 3 years | -99.79% | -43.18% | -56.61% |
Max Drawdown (5Y)Largest decline over 5 years | -99.99% | -57.16% | -42.83% |
Max Drawdown (10Y)Largest decline over 10 years | -100.00% | -66.75% | -33.25% |
Current DrawdownCurrent decline from peak | -100.00% | -37.13% | -62.87% |
Average DrawdownAverage peak-to-trough decline | -86.06% | -66.61% | -19.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 64.77% | 3.94% | +60.83% |
Volatility
ENVB vs. ICLN - Volatility Comparison
Enveric Biosciences Inc (ENVB) has a higher volatility of 22.82% compared to iShares Global Clean Energy ETF (ICLN) at 9.53%. This indicates that ENVB'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.
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Volatility by Period
| ENVB | ICLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.82% | 9.53% | +13.29% |
Volatility (6M)Calculated over the trailing 6-month period | 135.93% | 20.21% | +115.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 174.21% | 26.38% | +147.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 155.99% | 27.21% | +128.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 164.58% | 27.20% | +137.38% |
Dividends
ENVB vs. ICLN - Dividend Comparison
ENVB has not paid dividends to shareholders, while ICLN's dividend yield for the trailing twelve months is around 1.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENVB Enveric Biosciences 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 | 1.16% | 1.63% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% |
Frequently Asked Questions
ENVB and ICLN have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVB has higher volatility (22.82%) compared to ICLN (9.53%). In terms of maximum drawdown, ENVB dropped -100.00% vs ICLN's -87.15%.
ICLN currently has the higher Sharpe Ratio (3.20 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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