EWN vs. ICLN
Compare and contrast key facts about iShares MSCI Netherlands ETF (EWN) and iShares Global Clean Energy ETF (ICLN).
EWN and ICLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EWN is a passively managed fund by iShares that tracks the performance of the MSCI Netherlands Investable Market Index. It was launched on Mar 12, 1996. 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. Both EWN and ICLN 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: EWN or ICLN.
Key characteristics
| EWN | ICLN | |
|---|---|---|
| YTD Return | 4.13% | -19.13% |
| 1Y Return | 19.62% | -5.28% |
| 3Y Return (Ann) | -3.05% | -18.92% |
| 5Y Return (Ann) | 8.63% | 4.53% |
| 10Y Return (Ann) | 8.86% | 4.02% |
| Sharpe Ratio | 1.02 | -0.23 |
| Sortino Ratio | 1.48 | -0.15 |
| Omega Ratio | 1.19 | 0.98 |
| Calmar Ratio | 0.78 | -0.09 |
| Martin Ratio | 4.32 | -0.56 |
| Ulcer Index | 4.49% | 10.40% |
| Daily Std Dev | 18.97% | 25.75% |
| Max Drawdown | -65.22% | -87.16% |
| Current Drawdown | -12.71% | -66.91% |
Correlation
The correlation between EWN and ICLN is 0.64, 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
EWN vs. ICLN - Performance Comparison
In the year-to-date period, EWN achieves a 4.13% return, which is significantly higher than ICLN's -19.13% return. Over the past 10 years, EWN has outperformed ICLN with an annualized return of 8.86%, while ICLN has yielded a comparatively lower 4.02% annualized 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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EWN vs. ICLN - Expense Ratio Comparison
EWN has a 0.50% expense ratio, which is higher than ICLN's 0.46% expense ratio.
Risk-Adjusted Performance
EWN vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Netherlands ETF (EWN) 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.
Dividends
EWN vs. ICLN - Dividend Comparison
EWN's dividend yield for the trailing twelve months is around 1.97%, more than ICLN's 1.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWN iShares MSCI Netherlands ETF | 1.97% | 1.79% | 1.98% | 1.02% | 0.78% | 2.58% | 2.40% | 1.68% | 2.71% | 1.92% | 2.30% | 1.50% |
ICLN iShares Global Clean Energy ETF | 1.75% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% | 2.11% |
Drawdowns
EWN vs. ICLN - Drawdown Comparison
The maximum EWN drawdown since its inception was -65.22%, smaller than the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for EWN and ICLN. For additional features, visit the drawdowns tool.
Volatility
EWN vs. ICLN - Volatility Comparison
The current volatility for iShares MSCI Netherlands ETF (EWN) is 6.34%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 9.14%. This indicates that EWN experiences smaller price fluctuations and is considered to be less risky than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.