IBE.MC vs. ICLN
Compare and contrast key facts about Iberdrola S.A. (IBE.MC) and iShares Global Clean Energy ETF (ICLN).
ICLN is a passively managed fund by iShares that tracks the performance of the S&P Global Clean Energy Index. It was launched on Jun 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBE.MC or ICLN.
Key characteristics
IBE.MC | ICLN | |
---|---|---|
YTD Return | 5.56% | -8.22% |
1Y Return | 8.15% | -23.03% |
3Y Return (Ann) | 6.62% | -11.87% |
5Y Return (Ann) | 12.09% | 8.88% |
10Y Return (Ann) | 12.15% | 5.17% |
Sharpe Ratio | 0.62 | -0.97 |
Daily Std Dev | 16.43% | 25.32% |
Max Drawdown | -72.78% | -87.16% |
Current Drawdown | 0.00% | -62.44% |
Correlation
The correlation between IBE.MC and ICLN is 0.43, 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
IBE.MC vs. ICLN - Performance Comparison
In the year-to-date period, IBE.MC achieves a 5.56% return, which is significantly higher than ICLN's -8.22% return. Over the past 10 years, IBE.MC has outperformed ICLN with an annualized return of 12.15%, while ICLN has yielded a comparatively lower 5.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IBE.MC vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iberdrola S.A. (IBE.MC) 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.
Dividends
IBE.MC vs. ICLN - Dividend Comparison
IBE.MC's dividend yield for the trailing twelve months is around 3.43%, more than ICLN's 1.73% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Iberdrola S.A. | 3.43% | 3.42% | 3.34% | 3.28% | 2.77% | 3.10% | 3.76% | 2.07% | 2.04% | 0.37% | 6.25% | 5.75% |
iShares Global Clean Energy ETF | 1.73% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.82% | 2.10% |
Drawdowns
IBE.MC vs. ICLN - Drawdown Comparison
The maximum IBE.MC drawdown since its inception was -72.78%, smaller than the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for IBE.MC and ICLN. For additional features, visit the drawdowns tool.
Volatility
IBE.MC vs. ICLN - Volatility Comparison
The current volatility for Iberdrola S.A. (IBE.MC) is 3.86%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 4.85%. This indicates that IBE.MC experiences smaller price fluctuations and is considered to be less risky than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.