FLNC vs. IWM
Compare and contrast key facts about Fluence Energy, Inc. (FLNC) and iShares Russell 2000 ETF (IWM).
IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNC or IWM.
Key characteristics
| FLNC | IWM | |
|---|---|---|
| Sharpe Ratio | -0.38 | 1.50 |
| Sortino Ratio | -0.10 | 2.18 |
| Omega Ratio | 0.99 | 1.26 |
| Calmar Ratio | -0.45 | 1.43 |
| Martin Ratio | -0.94 | 8.22 |
| Ulcer Index | 30.80% | 3.82% |
| Daily Std Dev | 75.48% | 20.90% |
| Max Drawdown | -83.22% | -59.05% |
| Current Drawdown | -51.26% | -0.98% |
Correlation
The correlation between FLNC and IWM is 0.58, 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
FLNC vs. IWM - Performance Comparison
Returns By Period
In the year-to-date period, FLNC achieves a -23.14% return, which is significantly lower than IWM's 20.64% return.
FLNC
-23.14%
-13.86%
-17.95%
-31.96%
N/A
N/A
IWM
20.64%
9.61%
19.58%
30.04%
9.78%
8.85%
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Risk-Adjusted Performance
FLNC vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fluence Energy, Inc. (FLNC) and iShares Russell 2000 ETF (IWM). 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
FLNC vs. IWM - Dividend Comparison
FLNC has not paid dividends to shareholders, while IWM's dividend yield for the trailing twelve months is around 1.07%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLNC Fluence Energy, 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% |
IWM iShares Russell 2000 ETF | 1.07% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% | 1.23% |
Drawdowns
FLNC vs. IWM - Drawdown Comparison
The maximum FLNC drawdown since its inception was -83.22%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for FLNC and IWM. For additional features, visit the drawdowns tool.
Volatility
FLNC vs. IWM - Volatility Comparison
Fluence Energy, Inc. (FLNC) has a higher volatility of 32.27% compared to iShares Russell 2000 ETF (IWM) at 7.41%. This indicates that FLNC's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.