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

Correlation

The correlation between HYDR and ICLN is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

HYDR vs. ICLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Hydrogen ETF (HYDR) and iShares Global Clean Energy ETF (ICLN). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%AugustSeptemberOctoberNovemberDecember
-14.37%
-15.44%
HYDR
ICLN

Key characteristics

Sharpe Ratio

HYDR:

-0.82

ICLN:

-1.10

Sortino Ratio

HYDR:

-1.14

ICLN:

-1.51

Omega Ratio

HYDR:

0.88

ICLN:

0.83

Calmar Ratio

HYDR:

-0.39

ICLN:

-0.37

Martin Ratio

HYDR:

-1.37

ICLN:

-2.16

Ulcer Index

HYDR:

24.19%

ICLN:

11.93%

Daily Std Dev

HYDR:

40.14%

ICLN:

23.43%

Max Drawdown

HYDR:

-85.83%

ICLN:

-87.15%

Current Drawdown

HYDR:

-84.02%

ICLN:

-69.57%

Returns By Period


HYDR

YTD

0.00%

1M

-9.69%

6M

-9.65%

1Y

-33.08%

5Y*

N/A

10Y*

N/A

ICLN

YTD

0.00%

1M

-7.25%

6M

-13.34%

1Y

-25.72%

5Y*

0.19%

10Y*

3.43%

*Annualized

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HYDR vs. ICLN - Expense Ratio Comparison

HYDR has a 0.50% expense ratio, which is higher than ICLN's 0.46% expense ratio.


Expense ratio chart for HYDR: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for ICLN: current value at 0.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

HYDR vs. ICLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) 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.


The chart of Sharpe ratio for HYDR, currently valued at -0.82, compared to the broader market0.002.004.00-0.82-1.10
The chart of Sortino ratio for HYDR, currently valued at -1.14, compared to the broader market-2.000.002.004.006.008.0010.00-1.14-1.51
The chart of Omega ratio for HYDR, currently valued at 0.88, compared to the broader market0.501.001.502.002.503.000.880.83
The chart of Calmar ratio for HYDR, currently valued at -0.39, compared to the broader market0.005.0010.0015.00-0.39-0.48
The chart of Martin ratio for HYDR, currently valued at -1.37, compared to the broader market0.0020.0040.0060.0080.00100.00-1.37-2.16
HYDR
ICLN

The current HYDR Sharpe Ratio is -0.82, which is comparable to the ICLN Sharpe Ratio of -1.10. The chart below compares the historical Sharpe Ratios of HYDR and ICLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.00AugustSeptemberOctoberNovemberDecember
-0.82
-1.10
HYDR
ICLN

Dividends

HYDR vs. ICLN - Dividend Comparison

HYDR's dividend yield for the trailing twelve months is around 0.40%, less than ICLN's 1.85% yield.


TTM2023202220212020201920182017201620152014
HYDR
Global X Hydrogen ETF
0.40%0.00%0.00%0.06%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ICLN
iShares Global Clean Energy ETF
1.85%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%2.83%

Drawdowns

HYDR vs. ICLN - Drawdown Comparison

The maximum HYDR drawdown since its inception was -85.83%, roughly equal to the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for HYDR and ICLN. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%-40.00%AugustSeptemberOctoberNovemberDecember
-84.02%
-53.83%
HYDR
ICLN

Volatility

HYDR vs. ICLN - Volatility Comparison

Global X Hydrogen ETF (HYDR) has a higher volatility of 10.58% compared to iShares Global Clean Energy ETF (ICLN) at 5.23%. This indicates that HYDR'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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%18.00%AugustSeptemberOctoberNovemberDecember
10.58%
5.23%
HYDR
ICLN