HUBS vs. ICLN
HUBS (HubSpot, Inc.) is a stock, while ICLN (iShares Global Clean Energy ETF) is Alternative Energy Equities fund tracking the S&P Global Clean Energy Index. Over the past 10 years, HUBS returned 14.93%/yr vs 11.27%/yr for ICLN. At a 0.36 correlation, their price movements are largely independent.
Performance
HUBS vs. ICLN - Performance Comparison
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Returns By Period
In the year-to-date period, HUBS achieves a -54.96% return, which is significantly lower than ICLN's 24.98% return. Over the past 10 years, HUBS has outperformed ICLN with an annualized return of 14.93%, while ICLN has yielded a comparatively lower 11.27% annualized return.
HUBS
- 1D
- 4.29%
- 1M
- -10.52%
- YTD
- -54.96%
- 6M
- -54.54%
- 1Y
- -67.57%
- 3Y*
- -29.34%
- 5Y*
- -20.86%
- 10Y*
- 14.93%
ICLN
- 1D
- -0.92%
- 1M
- -8.37%
- YTD
- 24.98%
- 6M
- 23.85%
- 1Y
- 59.68%
- 3Y*
- 6.42%
- 5Y*
- -1.04%
- 10Y*
- 11.27%
HUBS vs. ICLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HUBS HubSpot, Inc. | -54.96% | -42.41% | 20.02% | 100.79% | -56.14% | 66.27% | 150.12% | 26.06% | 42.23% | 88.09% |
ICLN iShares Global Clean Energy ETF | 24.98% | 47.05% | -25.72% | -20.41% | -5.43% | -24.18% | 141.82% | 44.36% | -9.03% | 21.47% |
Correlation
The correlation between HUBS and ICLN is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2014 | 0.36 |
The correlation between HUBS and ICLN shifts across timeframes, from -0.01 (1 year) to 0.38 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
HUBS vs. ICLN — Risk / Return Rank
HUBS
ICLN
HUBS vs. ICLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HubSpot, Inc. (HUBS) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HUBS | ICLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.18 | ||
| Sortino ratioReturn per unit of downside risk | -4.55 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.33 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 3.66 | -4.64 |
| Martin ratioReturn relative to average drawdown | -1.62 | 12.50 | -14.12 |
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Drawdowns
HUBS vs. ICLN - Drawdown Comparison
The maximum HUBS drawdown since its inception was -79.72%, smaller than the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for HUBS and ICLN.
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Drawdown Indicators
| HUBS | ICLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.72% | -87.15% | +7.43% |
Max Drawdown (1Y)Largest decline over 1 year | -69.19% | -16.38% | -52.81% |
Max Drawdown (3Y)Largest decline over 3 years | -78.92% | -43.18% | -35.74% |
Max Drawdown (5Y)Largest decline over 5 years | -79.72% | -57.16% | -22.56% |
Max Drawdown (10Y)Largest decline over 10 years | -79.72% | -66.75% | -12.97% |
Current DrawdownCurrent decline from peak | -78.79% | -44.08% | -34.71% |
Average DrawdownAverage peak-to-trough decline | -23.34% | -66.52% | +43.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.83% | 4.79% | +37.04% |
Volatility
HUBS vs. ICLN - Volatility Comparison
HubSpot, Inc. (HUBS) has a higher volatility of 25.99% compared to iShares Global Clean Energy ETF (ICLN) at 13.41%. This indicates that HUBS'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.
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Volatility by Period
| HUBS | ICLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.99% | 13.41% | +12.58% |
Volatility (6M)Calculated over the trailing 6-month period | 54.95% | 23.13% | +31.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.15% | 28.54% | +34.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.02% | 27.69% | +27.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.94% | 27.33% | +23.61% |
Dividends
HUBS vs. ICLN - Dividend Comparison
HUBS has not paid dividends to shareholders, while ICLN's dividend yield for the trailing twelve months is around 0.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HUBS HubSpot, 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% |
ICLN iShares Global Clean Energy ETF | 0.90% | 1.63% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% |
Frequently Asked Questions
HUBS and ICLN have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HUBS has higher volatility (25.99%) compared to ICLN (13.41%). In terms of maximum drawdown, HUBS dropped -79.72% vs ICLN's -87.15%.
ICLN currently has the higher Sharpe Ratio (2.11 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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