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ERTH vs. SMOG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ERTH and SMOG is 0.71, 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.


Performance

ERTH vs. SMOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco MSCI Sustainable Future ETF (ERTH) and VanEck Vectors Low Carbon Energy ETF (SMOG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ERTH:

0.11

SMOG:

0.41

Sortino Ratio

ERTH:

0.45

SMOG:

0.89

Omega Ratio

ERTH:

1.05

SMOG:

1.11

Calmar Ratio

ERTH:

0.09

SMOG:

0.25

Martin Ratio

ERTH:

0.53

SMOG:

1.61

Ulcer Index

ERTH:

8.44%

SMOG:

7.84%

Daily Std Dev

ERTH:

22.81%

SMOG:

23.99%

Max Drawdown

ERTH:

-64.46%

SMOG:

-84.39%

Current Drawdown

ERTH:

-39.56%

SMOG:

-38.95%

Returns By Period

In the year-to-date period, ERTH achieves a 6.26% return, which is significantly lower than SMOG's 12.66% return. Over the past 10 years, ERTH has underperformed SMOG with an annualized return of 5.34%, while SMOG has yielded a comparatively higher 6.60% annualized return.


ERTH

YTD

6.26%

1M

12.53%

6M

3.95%

1Y

2.42%

5Y*

4.15%

10Y*

5.34%

SMOG

YTD

12.66%

1M

11.94%

6M

13.34%

1Y

9.77%

5Y*

11.13%

10Y*

6.60%

*Annualized

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ERTH vs. SMOG - Expense Ratio Comparison

ERTH has a 0.55% expense ratio, which is lower than SMOG's 0.63% expense ratio.


Risk-Adjusted Performance

ERTH vs. SMOG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ERTH
The Risk-Adjusted Performance Rank of ERTH is 2323
Overall Rank
The Sharpe Ratio Rank of ERTH is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of ERTH is 2626
Sortino Ratio Rank
The Omega Ratio Rank of ERTH is 2424
Omega Ratio Rank
The Calmar Ratio Rank of ERTH is 2020
Calmar Ratio Rank
The Martin Ratio Rank of ERTH is 2424
Martin Ratio Rank

SMOG
The Risk-Adjusted Performance Rank of SMOG is 4343
Overall Rank
The Sharpe Ratio Rank of SMOG is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of SMOG is 5353
Sortino Ratio Rank
The Omega Ratio Rank of SMOG is 4646
Omega Ratio Rank
The Calmar Ratio Rank of SMOG is 3232
Calmar Ratio Rank
The Martin Ratio Rank of SMOG is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ERTH vs. SMOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco MSCI Sustainable Future ETF (ERTH) and VanEck Vectors Low Carbon Energy ETF (SMOG). 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.


The current ERTH Sharpe Ratio is 0.11, which is lower than the SMOG Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of ERTH and SMOG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ERTH vs. SMOG - Dividend Comparison

ERTH's dividend yield for the trailing twelve months is around 0.89%, less than SMOG's 1.46% yield.


TTM20242023202220212020201920182017201620152014
ERTH
Invesco MSCI Sustainable Future ETF
0.89%0.99%1.28%1.22%15.33%0.21%0.50%0.61%0.87%1.06%0.79%0.83%
SMOG
VanEck Vectors Low Carbon Energy ETF
1.46%1.64%1.58%1.32%0.44%0.06%0.00%0.62%1.25%2.12%0.56%0.21%

Drawdowns

ERTH vs. SMOG - Drawdown Comparison

The maximum ERTH drawdown since its inception was -64.46%, smaller than the maximum SMOG drawdown of -84.39%. Use the drawdown chart below to compare losses from any high point for ERTH and SMOG. For additional features, visit the drawdowns tool.


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Volatility

ERTH vs. SMOG - Volatility Comparison

Invesco MSCI Sustainable Future ETF (ERTH) and VanEck Vectors Low Carbon Energy ETF (SMOG) have volatilities of 5.81% and 5.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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