ICLN vs. ENVB
ICLN (iShares Global Clean Energy ETF) is Alternative Energy Equities fund tracking the S&P Global Clean Energy Index, while ENVB (Enveric Biosciences Inc) is a stock. Over the past 10 years, ICLN returned 11.52%/yr vs -74.86%/yr for ENVB. At a 0.20 correlation, their price movements are largely independent.
Performance
ICLN vs. ENVB - Performance Comparison
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Returns By Period
In the year-to-date period, ICLN achieves a 28.34% return, which is significantly higher than ENVB's -59.23% return. Over the past 10 years, ICLN has outperformed ENVB with an annualized return of 11.52%, while ENVB has yielded a comparatively lower -74.86% annualized 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%
ENVB
- 1D
- -3.27%
- 1M
- -34.22%
- YTD
- -59.23%
- 6M
- -72.39%
- 1Y
- -89.81%
- 3Y*
- -87.52%
- 5Y*
- -85.10%
- 10Y*
- -74.86%
ICLN vs. ENVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICLN iShares Global Clean Energy ETF | 28.34% | 47.05% | -25.72% | -20.41% | -5.43% | -24.18% | 141.82% | 44.36% | -9.03% | 21.47% |
ENVB Enveric Biosciences Inc | -59.23% | -94.37% | -72.43% | -37.50% | -95.53% | -37.16% | -34.51% | -48.17% | -94.37% | -52.38% |
Correlation
The correlation between ICLN and ENVB is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.20 |
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Return for Risk
ICLN vs. ENVB — Risk / Return Rank
ICLN
ENVB
ICLN vs. ENVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and Enveric Biosciences Inc (ENVB). 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 | ENVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.70 | ||
| Sortino ratioReturn per unit of downside risk | +3.76 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.87 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | -0.98 | +4.75 |
| Martin ratioReturn relative to average drawdown | 13.82 | -1.34 | +15.16 |
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Drawdowns
ICLN vs. ENVB - Drawdown Comparison
The maximum ICLN drawdown since its inception was -87.15%, smaller than the maximum ENVB drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for ICLN and ENVB.
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Drawdown Indicators
| ICLN | ENVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.15% | -100.00% | +12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -91.49% | +75.11% |
Max Drawdown (3Y)Largest decline over 3 years | -43.18% | -99.81% | +56.63% |
Max Drawdown (5Y)Largest decline over 5 years | -57.16% | -100.00% | +42.84% |
Max Drawdown (10Y)Largest decline over 10 years | -66.75% | -100.00% | +33.25% |
Current DrawdownCurrent decline from peak | -42.58% | -100.00% | +57.42% |
Average DrawdownAverage peak-to-trough decline | -66.55% | -86.07% | +19.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.46% | 66.73% | -62.27% |
Volatility
ICLN vs. ENVB - Volatility Comparison
The current volatility for iShares Global Clean Energy ETF (ICLN) is 12.94%, while Enveric Biosciences Inc (ENVB) has a volatility of 21.07%. This indicates that ICLN experiences smaller price fluctuations and is considered to be less risky than ENVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICLN | ENVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.94% | 21.07% | -8.13% |
Volatility (6M)Calculated over the trailing 6-month period | 22.57% | 105.59% | -83.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.28% | 175.01% | -146.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.55% | 155.96% | -128.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.33% | 164.65% | -137.32% |
Dividends
ICLN vs. ENVB - Dividend Comparison
ICLN's dividend yield for the trailing twelve months is around 1.54%, while ENVB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENVB Enveric Biosciences Inc | 0.00% | 0.00% | 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 ENVB have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENVB has higher volatility (21.07%) compared to ICLN (12.94%). In terms of maximum drawdown, ICLN dropped -87.15% vs ENVB's -100.00%.
ICLN currently has the higher Sharpe Ratio (2.19 vs -0.51), 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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