FIW vs. ICLN
Compare and contrast key facts about First Trust Water ETF (FIW) and iShares Global Clean Energy ETF (ICLN).
FIW and ICLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FIW is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Water Index. It was launched on May 8, 2007. 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 FIW 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: FIW or ICLN.
Correlation
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
Key characteristics
FIW:
0.03
ICLN:
-0.39
FIW:
0.18
ICLN:
-0.40
FIW:
1.02
ICLN:
0.95
FIW:
0.03
ICLN:
-0.13
FIW:
0.11
ICLN:
-0.58
FIW:
5.58%
ICLN:
15.78%
FIW:
18.39%
ICLN:
23.33%
FIW:
-52.75%
ICLN:
-87.15%
FIW:
-9.55%
ICLN:
-68.32%
Returns By Period
In the year-to-date period, FIW achieves a -1.94% return, which is significantly lower than ICLN's 4.13% return. Over the past 10 years, FIW has outperformed ICLN with an annualized return of 12.76%, while ICLN has yielded a comparatively lower 0.89% annualized return.
FIW
-1.94%
-1.58%
-5.31%
0.92%
15.31%
12.76%
ICLN
4.13%
2.78%
-9.08%
-7.92%
4.25%
0.89%
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FIW vs. ICLN - Expense Ratio Comparison
FIW has a 0.54% expense ratio, which is higher than ICLN's 0.46% expense ratio.
Risk-Adjusted Performance
FIW vs. ICLN — Risk-Adjusted Performance Rank
FIW
ICLN
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.
Dividends
FIW vs. ICLN - Dividend Comparison
FIW's dividend yield for the trailing twelve months is around 0.75%, less than ICLN's 1.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIW First Trust Water ETF | 0.75% | 0.70% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% |
ICLN iShares Global Clean Energy ETF | 1.77% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% |
Drawdowns
FIW vs. ICLN - Drawdown Comparison
The maximum FIW drawdown since its inception was -52.75%, smaller than the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for FIW and ICLN. For additional features, visit the drawdowns tool.
Volatility
FIW vs. ICLN - Volatility Comparison
First Trust Water ETF (FIW) has a higher volatility of 11.22% compared to iShares Global Clean Energy ETF (ICLN) at 10.21%. This indicates that FIW'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.