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

Key characteristics


ICLNCNRG
YTD Return-10.15%-9.44%
1Y Return-24.45%-22.07%
3Y Return (Ann)-14.26%-13.80%
5Y Return (Ann)8.69%15.06%
Sharpe Ratio-0.96-0.69
Daily Std Dev25.41%29.20%
Max Drawdown-87.16%-58.98%
Current Drawdown-63.23%-54.16%

Correlation

0.89
-1.001.00

The correlation between ICLN and CNRG is 0.89, 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. CNRG - Performance Comparison

In the year-to-date period, ICLN achieves a -10.15% return, which is significantly lower than CNRG's -9.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


60.00%80.00%100.00%120.00%140.00%160.00%OctoberNovemberDecember2024FebruaryMarch
82.35%
134.90%
ICLN
CNRG

Compare stocks, funds, or ETFs


iShares Global Clean Energy ETF

SPDR S&P Kensho Clean Power ETF

ICLN vs. CNRG - Expense Ratio Comparison

ICLN has a 0.46% expense ratio, which is higher than CNRG's 0.45% expense ratio.

ICLN
iShares Global Clean Energy ETF
0.50%1.00%1.50%2.00%0.46%
0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

ICLN vs. CNRG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and SPDR S&P Kensho Clean Power ETF (CNRG). 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
CNRG
SPDR S&P Kensho Clean Power ETF
-0.69

ICLN vs. CNRG - Sharpe Ratio Comparison

The current ICLN Sharpe Ratio is -0.96, which is lower than the CNRG Sharpe Ratio of -0.69. The chart below compares the 12-month rolling Sharpe Ratio of ICLN and CNRG.


Rolling 12-month Sharpe Ratio-1.60-1.40-1.20-1.00-0.80-0.60-0.40OctoberNovemberDecember2024FebruaryMarch
-0.96
-0.69
ICLN
CNRG

Dividends

ICLN vs. CNRG - Dividend Comparison

ICLN's dividend yield for the trailing twelve months is around 1.77%, more than CNRG's 1.36% 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%
CNRG
SPDR S&P Kensho Clean Power ETF
1.36%1.17%1.23%1.34%0.69%1.16%0.35%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ICLN vs. CNRG - Drawdown Comparison

The maximum ICLN drawdown since its inception was -87.16%, which is greater than CNRG's maximum drawdown of -58.98%. The drawdown chart below compares losses from any high point along the way for ICLN and CNRG


-60.00%-58.00%-56.00%-54.00%-52.00%-50.00%-48.00%OctoberNovemberDecember2024FebruaryMarch
-56.66%
-54.16%
ICLN
CNRG

Volatility

ICLN vs. CNRG - Volatility Comparison

iShares Global Clean Energy ETF (ICLN) and SPDR S&P Kensho Clean Power ETF (CNRG) have volatilities of 6.93% and 6.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
6.93%
6.89%
ICLN
CNRG