G1CD.DE vs. S0LR.DE
G1CD.DE (Invesco Global Clean Energy UCITS ETF Dist) and S0LR.DE (Invesco Solar Energy UCITS ETF Acc) are both Energy Equities funds from Invesco - G1CD.DE tracks the WilderHill New Energy Global Innovation while S0LR.DE tracks the MAC Global Solar Energy. Both are passively managed. Over the past 3 years, G1CD.DE returned 5.13%/yr vs -3.99%/yr for S0LR.DE. Their correlation of 0.83 suggests significant overlap in exposure. G1CD.DE charges 0.60%/yr vs 0.69%/yr for S0LR.DE.
Performance
G1CD.DE vs. S0LR.DE - Performance Comparison
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Returns By Period
In the year-to-date period, G1CD.DE achieves a 35.16% return, which is significantly lower than S0LR.DE's 39.14% return.
G1CD.DE
- 1D
- -0.69%
- 1M
- 3.11%
- YTD
- 35.16%
- 6M
- 37.55%
- 1Y
- 83.64%
- 3Y*
- 5.13%
- 5Y*
- —
- 10Y*
- —
S0LR.DE
- 1D
- -2.10%
- 1M
- 15.39%
- YTD
- 39.14%
- 6M
- 44.58%
- 1Y
- 102.95%
- 3Y*
- -3.99%
- 5Y*
- —
- 10Y*
- —
G1CD.DE vs. S0LR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
G1CD.DE Invesco Global Clean Energy UCITS ETF Dist | 35.16% | 28.09% | -22.10% | -13.60% | -7.76% |
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 39.14% | 31.50% | -33.95% | -27.80% | 22.66% |
Correlation
The correlation between G1CD.DE and S0LR.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Feb 21, 2022 | 0.83 |
The correlation between G1CD.DE and S0LR.DE shifts across timeframes, from 0.72 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
G1CD.DE vs. S0LR.DE — Risk / Return Rank
G1CD.DE
S0LR.DE
G1CD.DE vs. S0LR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Clean Energy UCITS ETF Dist (G1CD.DE) and Invesco Solar Energy UCITS ETF Acc (S0LR.DE). 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.
| G1CD.DE | S0LR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.44 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 7.85 | 8.71 | -0.87 |
| Martin ratioReturn relative to average drawdown | 27.83 | 21.79 | +6.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| G1CD.DE | S0LR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.90 | 3.02 | +0.88 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | -0.12 | +0.18 |
Drawdowns
G1CD.DE vs. S0LR.DE - Drawdown Comparison
The maximum G1CD.DE drawdown since its inception was -64.00%, smaller than the maximum S0LR.DE drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for G1CD.DE and S0LR.DE.
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Drawdown Indicators
| G1CD.DE | S0LR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.00% | -73.43% | +9.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.60% | -11.75% | +1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -52.73% | -65.01% | +12.28% |
Current DrawdownCurrent decline from peak | -16.50% | -32.82% | +16.32% |
Average DrawdownAverage peak-to-trough decline | -35.01% | -39.70% | +4.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 4.71% | -1.71% |
Volatility
G1CD.DE vs. S0LR.DE - Volatility Comparison
The current volatility for Invesco Global Clean Energy UCITS ETF Dist (G1CD.DE) is 8.16%, while Invesco Solar Energy UCITS ETF Acc (S0LR.DE) has a volatility of 12.56%. This indicates that G1CD.DE experiences smaller price fluctuations and is considered to be less risky than S0LR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| G1CD.DE | S0LR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 12.56% | -4.40% |
Volatility (6M)Calculated over the trailing 6-month period | 14.33% | 23.50% | -9.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.33% | 33.92% | -12.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.12% | 36.23% | -11.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.12% | 36.23% | -11.11% |
G1CD.DE vs. S0LR.DE - Expense Ratio Comparison
G1CD.DE has a 0.60% expense ratio, which is lower than S0LR.DE's 0.69% expense ratio.
Dividends
G1CD.DE vs. S0LR.DE - Dividend Comparison
G1CD.DE's dividend yield for the trailing twelve months is around 1.52%, while S0LR.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
G1CD.DE Invesco Global Clean Energy UCITS ETF Dist | 1.52% | 2.08% | 1.37% | 0.70% | 0.09% |
S0LR.DE Invesco Solar Energy UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
G1CD.DE and S0LR.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, G1CD.DE is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
G1CD.DE is cheaper with a 0.60% expense ratio, compared with 0.69% for S0LR.DE.
G1CD.DE tracks WilderHill New Energy Global Innovation, while S0LR.DE tracks MAC Global Solar Energy. Their fees differ too: 0.60% for G1CD.DE and 0.69% for S0LR.DE.
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