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FIW vs. ICLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FIWICLN
YTD Return7.68%-10.15%
1Y Return26.76%-24.45%
3Y Return (Ann)10.09%-14.26%
5Y Return (Ann)15.58%8.69%
10Y Return (Ann)12.53%4.27%
Sharpe Ratio1.82-0.96
Daily Std Dev15.18%25.41%
Max Drawdown-52.75%-87.16%
Current Drawdown0.00%-63.23%

Correlation

0.64
-1.001.00

The correlation between FIW 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

FIW vs. ICLN - Performance Comparison

In the year-to-date period, FIW achieves a 7.68% return, which is significantly higher than ICLN's -10.15% return. Over the past 10 years, FIW has outperformed ICLN with an annualized return of 12.53%, while ICLN has yielded a comparatively lower 4.27% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-100.00%0.00%100.00%200.00%300.00%400.00%OctoberNovemberDecember2024FebruaryMarch
412.92%
-63.23%
FIW
ICLN

Compare stocks, funds, or ETFs


First Trust Water ETF

iShares Global Clean Energy ETF

FIW vs. ICLN - Expense Ratio Comparison

FIW has a 0.54% expense ratio, which is higher than ICLN's 0.46% expense ratio.

FIW
First Trust Water ETF
0.50%1.00%1.50%2.00%0.54%
0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

FIW vs. ICLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Water ETF (FIW) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
FIW
First Trust Water ETF
1.82
ICLN
iShares Global Clean Energy ETF
-0.96

FIW vs. ICLN - Sharpe Ratio Comparison

The current FIW Sharpe Ratio is 1.82, which is higher than the ICLN Sharpe Ratio of -0.96. The chart below compares the 12-month rolling Sharpe Ratio of FIW and ICLN.


Rolling 12-month Sharpe Ratio-2.00-1.000.001.002.00OctoberNovemberDecember2024FebruaryMarch
1.82
-0.96
FIW
ICLN

Dividends

FIW vs. ICLN - Dividend Comparison

FIW's dividend yield for the trailing twelve months is around 0.63%, less than ICLN's 1.77% yield.


TTM20232022202120202019201820172016201520142013
FIW
First Trust Water ETF
0.63%0.68%0.67%0.37%0.56%0.55%0.73%1.13%0.51%0.76%0.75%0.62%
ICLN
iShares Global Clean Energy ETF
1.77%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%2.82%2.10%

Drawdowns

FIW vs. ICLN - Drawdown Comparison

The maximum FIW drawdown since its inception was -52.75%, smaller than the maximum ICLN drawdown of -87.16%. The drawdown chart below compares losses from any high point along the way for FIW and ICLN


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch0
-63.23%
FIW
ICLN

Volatility

FIW vs. ICLN - Volatility Comparison

The current volatility for First Trust Water ETF (FIW) is 3.71%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 7.03%. This indicates that FIW 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.


2.00%4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
3.71%
7.03%
FIW
ICLN