ICLN vs. CHPY
ICLN (iShares Global Clean Energy ETF) and CHPY (YieldMax Semiconductor Portfolio Option Income ETF) are both exchange-traded funds - ICLN is a Alternative Energy Equities fund tracking the S&P Global Clean Energy Index, while CHPY is a Derivative Income fund actively managed by YieldMax. ICLN is passively managed, while CHPY is actively managed. Over the past year, ICLN returned 61.48% vs 148.83% for CHPY. A 0.58 correlation means they provide meaningful diversification when combined. ICLN charges 0.39%/yr vs 0.99%/yr for CHPY.
Performance
ICLN vs. CHPY - Performance Comparison
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Returns By Period
In the year-to-date period, ICLN achieves a 28.34% return, which is significantly lower than CHPY's 88.78% return.
ICLN
- 1D
- 0.80%
- 1M
- -3.23%
- YTD
- 28.34%
- 6M
- 28.17%
- 1Y
- 61.48%
- 3Y*
- 5.46%
- 5Y*
- -0.17%
- 10Y*
- 11.52%
CHPY
- 1D
- 5.00%
- 1M
- 22.07%
- YTD
- 88.78%
- 6M
- 92.44%
- 1Y
- 148.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICLN vs. CHPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ICLN iShares Global Clean Energy ETF | 28.34% | 44.88% |
CHPY YieldMax Semiconductor Portfolio Option Income ETF | 88.78% | 56.76% |
Correlation
The correlation between ICLN and CHPY is 0.62, 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 | 0.62 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025 | 0.58 |
The correlation between ICLN and CHPY has been stable across timeframes, ranging from 0.58 to 0.62 - a consistent structural relationship.
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Return for Risk
ICLN vs. CHPY — Risk / Return Rank
ICLN
CHPY
ICLN vs. CHPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and YieldMax Semiconductor Portfolio Option Income ETF (CHPY). 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.
| ICLN | CHPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.64 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.73 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 12.31 | -8.54 |
| Martin ratioReturn relative to average drawdown | 13.82 | 43.93 | -30.11 |
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Drawdowns
ICLN vs. CHPY - Drawdown Comparison
The maximum ICLN drawdown since its inception was -87.15%, which is greater than CHPY's maximum drawdown of -12.19%. Use the drawdown chart below to compare losses from any high point for ICLN and CHPY.
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Drawdown Indicators
| ICLN | CHPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.15% | -12.19% | -74.96% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -12.17% | -4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -43.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -57.16% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.75% | — | — |
Current DrawdownCurrent decline from peak | -42.58% | 0.00% | -42.58% |
Average DrawdownAverage peak-to-trough decline | -66.55% | -2.12% | -64.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 3.40% | +1.06% |
Volatility
ICLN vs. CHPY - Volatility Comparison
The current volatility for iShares Global Clean Energy ETF (ICLN) is 12.94%, while YieldMax Semiconductor Portfolio Option Income ETF (CHPY) has a volatility of 17.55%. This indicates that ICLN experiences smaller price fluctuations and is considered to be less risky than CHPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICLN | CHPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.94% | 17.55% | -4.61% |
Volatility (6M)Calculated over the trailing 6-month period | 22.57% | 26.62% | -4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.28% | 31.06% | -2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.55% | 35.45% | -7.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.33% | 35.45% | -8.12% |
ICLN vs. CHPY - Expense Ratio Comparison
ICLN has a 0.39% expense ratio, which is lower than CHPY's 0.99% expense ratio.
Dividends
ICLN vs. CHPY - Dividend Comparison
ICLN's dividend yield for the trailing twelve months is around 1.54%, less than CHPY's 28.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHPY YieldMax Semiconductor Portfolio Option Income ETF | 28.02% | 28.19% | 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 | 1.54% | 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
ICLN and CHPY have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHPY has higher volatility (17.55%) compared to ICLN (12.94%). In terms of maximum drawdown, ICLN dropped -87.15% vs CHPY's -12.19%.
On 1-year performance, CHPY leads with 148.83% vs 61.48% for ICLN. On fees, ICLN is cheaper at 0.39% per year. On volatility, ICLN has been the lower-risk option at 12.94%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CHPY has performed better with a 148.83% return vs 61.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ICLN is cheaper with a 0.39% expense ratio, compared with 0.99% for CHPY.
CHPY has the higher dividend yield at 28.02%, compared with 1.54% for ICLN.
ICLN is categorized as Alternative Energy Equities, while CHPY is Derivative Income. They also come from different issuers: iShares and YieldMax. Their fees differ too: 0.39% for ICLN and 0.99% for CHPY.
CHPY currently has the higher Sharpe Ratio (4.83 vs 2.19), 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.
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