HYDR vs. VCLN

Last updated Jun 5, 2026

HYDR (Global X Hydrogen ETF) and VCLN (Virtus Duff & Phelps Clean Energy ETF) are both exchange-traded funds - HYDR is a Alternative Energy Equities fund tracking the Solactive Global Hydrogen Index - Benchmark TR Net, while VCLN is a Sustainable fund actively managed by Virtus Investment Partners. HYDR is passively managed, while VCLN is actively managed. Over the past 3 years, HYDR returned 14.46%/yr vs 20.45%/yr for VCLN. A 0.70 correlation means they provide meaningful diversification when combined. HYDR charges 0.50%/yr vs 0.59%/yr for VCLN.

Performance

HYDR vs. VCLN - Performance Comparison

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

Returns By Period

In the year-to-date period, HYDR achieves a 101.95% return, which is significantly higher than VCLN's 38.01% return.

HYDR

• 1D: -3.90%
• 1M: 2.47%
• YTD: 101.95%
• 6M: 76.41%
• 1Y: 232.59%
• 3Y*: 14.46%
• 5Y*: —
• 10Y*: —

VCLN

• 1D: -0.83%
• 1M: 8.13%
• YTD: 38.01%
• 6M: 32.04%
• 1Y: 92.75%
• 3Y*: 20.45%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYDR vs. VCLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HYDR Global X Hydrogen ETF	101.95%	43.73%	-33.08%	-36.49%	-47.24%	-9.51%
VCLN Virtus Duff & Phelps Clean Energy ETF	38.01%	55.75%	-6.69%	-17.54%	-7.87%	-5.00%

Correlation

The correlation between HYDR and VCLN is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Aug 5, 2021	0.70

The correlation between HYDR and VCLN shifts across timeframes, from 0.52 (1 year) to 0.70 (all time), reflecting how their relationship changes across market environments.

HYDR vs. VCLN - Sectors Allocation Comparison

Sectors	HYDR	VCLN
Industrials	84.7%	36.7%
Basic Materials	2.4%	-
Consumer Cyclical	2.3%	-
Technology	0.5%	22.4%
Energy	0.4%	1.1%
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	39.8%

Return for Risk

HYDR vs. VCLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYDR

HYDR Risk / Return Rank: 91
HYDR Sharpe Ratio Rank: 96
HYDR Sortino Ratio Rank: 92
HYDR Omega Ratio Rank: 85
HYDR Calmar Ratio Rank: 95
HYDR Martin Ratio Rank: 87

VCLN

VCLN Risk / Return Rank: 90
VCLN Sharpe Ratio Rank: 91
VCLN Sortino Ratio Rank: 88
VCLN Omega Ratio Rank: 83
VCLN Calmar Ratio Rank: 94
VCLN Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYDR vs. VCLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) and Virtus Duff & Phelps Clean Energy ETF (VCLN). 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.

	HYDR	VCLN	Difference
Sharpe ratio: Return per unit of total volatility	4.32	3.19	+1.13
Sortino ratio: Return per unit of downside risk	4.37	3.96	+0.41
Omega ratio: Gain probability vs. loss probability	1.52	1.49	+0.03
Calmar ratio: Return relative to maximum drawdown	7.87	7.41	+0.45
Martin ratio: Return relative to average drawdown	18.50	28.07	-9.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYDR vs. VCLN - Sharpe Ratio Comparison

The current HYDR Sharpe Ratio is 4.32, which is higher than the VCLN Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of HYDR and VCLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HYDR	VCLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.32	3.19	+1.13
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	0.29	-0.53

Drawdowns

HYDR vs. VCLN - Drawdown Comparison

The maximum HYDR drawdown since its inception was -89.28%, which is greater than VCLN's maximum drawdown of -45.66%. Use the drawdown chart below to compare losses from any high point for HYDR and VCLN.

Drawdown Indicators

	HYDR	VCLN	Difference
Max Drawdown Largest peak-to-trough decline	-89.28%	-45.66%	-43.62%
Max Drawdown (1Y) Largest decline over 1 year	-29.76%	-12.58%	-17.18%
Max Drawdown (3Y) Largest decline over 3 years	-70.32%	-29.25%	-41.07%
Current Drawdown Current decline from peak	-53.63%	-1.98%	-51.65%
Average Drawdown Average peak-to-trough decline	-64.20%	-24.07%	-40.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.64%	3.32%	+9.32%

Volatility

HYDR vs. VCLN - Volatility Comparison

Global X Hydrogen ETF (HYDR) has a higher volatility of 18.28% compared to Virtus Duff & Phelps Clean Energy ETF (VCLN) at 8.97%. This indicates that HYDR's price experiences larger fluctuations and is considered to be riskier than VCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYDR	VCLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.28%	8.97%	+9.31%
Volatility (6M) Calculated over the trailing 6-month period	35.72%	20.14%	+15.58%
Volatility (1Y) Calculated over the trailing 1-year period	54.22%	29.23%	+24.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	27.42%	+19.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	27.42%	+19.82%

HYDR vs. VCLN - Expense Ratio Comparison

HYDR has a 0.50% expense ratio, which is lower than VCLN's 0.59% expense ratio.

Dividends

HYDR vs. VCLN - Dividend Comparison

HYDR's dividend yield for the trailing twelve months is around 1.89%, more than VCLN's 1.46% yield.

Position	TTM	2025	2024	2023	2022	2021
HYDR Global X Hydrogen ETF	1.89%	3.82%	0.40%	0.00%	0.00%	0.06%
VCLN Virtus Duff & Phelps Clean Energy ETF	1.46%	2.01%	1.16%	1.14%	0.65%	0.00%

Frequently Asked Questions

Can I hold both HYDR and VCLN in my portfolio?

HYDR and VCLN have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYDR or VCLN?

HYDR has higher volatility (18.28%) compared to VCLN (8.97%). In terms of maximum drawdown, HYDR dropped -89.28% vs VCLN's -45.66%.

Which ETF is better, HYDR or VCLN?

On 3-year performance, VCLN leads with 20.45% vs 14.46% for HYDR. On fees, HYDR is cheaper at 0.50% per year. On volatility, VCLN has been the lower-risk option at 8.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HYDR or VCLN?

Over the 3-year period, VCLN has performed better with a 20.45% return vs 14.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HYDR or VCLN?

HYDR is cheaper with a 0.50% expense ratio, compared with 0.59% for VCLN.

Which ETF pays a higher dividend yield, HYDR or VCLN?

HYDR has the higher dividend yield at 1.89%, compared with 1.46% for VCLN.

What is the main difference between HYDR and VCLN?

HYDR is categorized as Alternative Energy Equities, while VCLN is Sustainable. They also come from different issuers: Global X and Virtus Investment Partners. Their fees differ too: 0.50% for HYDR and 0.59% for VCLN.

Which has better risk-adjusted returns?

HYDR currently has the higher Sharpe Ratio (4.32 vs 3.19), 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.