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

Key characteristics


ICLNACES
YTD Return-10.15%-18.02%
1Y Return-24.45%-31.89%
3Y Return (Ann)-14.26%-26.01%
5Y Return (Ann)8.69%2.81%
Sharpe Ratio-0.96-0.90
Daily Std Dev25.41%35.46%
Max Drawdown-87.16%-71.74%
Current Drawdown-63.23%-69.81%

Correlation

0.87
-1.001.00

The correlation between ICLN and ACES is 0.87, 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.

Performance

ICLN vs. ACES - Performance Comparison

In the year-to-date period, ICLN achieves a -10.15% return, which is significantly higher than ACES's -18.02% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%OctoberNovemberDecember2024FebruaryMarch
71.49%
23.81%
ICLN
ACES

Compare stocks, funds, or ETFs


iShares Global Clean Energy ETF

ALPS Clean Energy ETF

ICLN vs. ACES - Expense Ratio Comparison

ICLN has a 0.46% expense ratio, which is lower than ACES's 0.55% expense ratio.

ACES
ALPS Clean Energy ETF
0.50%1.00%1.50%2.00%0.55%
0.50%1.00%1.50%2.00%0.46%

Risk-Adjusted Performance

ICLN vs. ACES - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and ALPS Clean Energy ETF (ACES). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ICLN
iShares Global Clean Energy ETF
-0.96
ACES
ALPS Clean Energy ETF
-0.90

ICLN vs. ACES - Sharpe Ratio Comparison

The current ICLN Sharpe Ratio is -0.96, which roughly equals the ACES Sharpe Ratio of -0.90. The chart below compares the 12-month rolling Sharpe Ratio of ICLN and ACES.


Rolling 12-month Sharpe Ratio-1.60-1.40-1.20-1.00-0.80-0.60-0.40OctoberNovemberDecember2024FebruaryMarch
-0.96
-0.90
ICLN
ACES

Dividends

ICLN vs. ACES - Dividend Comparison

ICLN's dividend yield for the trailing twelve months is around 1.77%, more than ACES's 1.55% yield.


TTM20232022202120202019201820172016201520142013
ICLN
iShares Global Clean Energy ETF
1.77%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%2.82%2.10%
ACES
ALPS Clean Energy ETF
1.55%1.44%1.08%0.71%0.56%1.30%0.34%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ICLN vs. ACES - Drawdown Comparison

The maximum ICLN drawdown since its inception was -87.16%, which is greater than ACES's maximum drawdown of -71.74%. The drawdown chart below compares losses from any high point along the way for ICLN and ACES


-70.00%-65.00%-60.00%-55.00%-50.00%OctoberNovemberDecember2024FebruaryMarch
-56.66%
-69.81%
ICLN
ACES

Volatility

ICLN vs. ACES - Volatility Comparison

The current volatility for iShares Global Clean Energy ETF (ICLN) is 7.03%, while ALPS Clean Energy ETF (ACES) has a volatility of 9.38%. This indicates that ICLN experiences smaller price fluctuations and is considered to be less risky than ACES 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%OctoberNovemberDecember2024FebruaryMarch
7.03%
9.38%
ICLN
ACES