ICLN vs. FIW
Compare and contrast key facts about iShares Global Clean Energy ETF (ICLN) and First Trust Water ETF (FIW).
ICLN and FIW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FIW is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Water Index. It was launched on May 8, 2007. Both ICLN and FIW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICLN or FIW.
Performance
ICLN vs. FIW - Performance Comparison
Returns By Period
In the year-to-date period, ICLN achieves a -21.88% return, which is significantly lower than FIW's 13.26% return. Over the past 10 years, ICLN has underperformed FIW with an annualized return of 3.67%, while FIW has yielded a comparatively higher 13.05% annualized return.
ICLN
-21.88%
-10.08%
-14.10%
-12.36%
3.61%
3.67%
FIW
13.26%
-1.94%
0.59%
24.81%
14.16%
13.05%
Key characteristics
| ICLN | FIW | |
|---|---|---|
| Sharpe Ratio | -0.47 | 1.66 |
| Sortino Ratio | -0.53 | 2.35 |
| Omega Ratio | 0.94 | 1.28 |
| Calmar Ratio | -0.17 | 2.99 |
| Martin Ratio | -1.06 | 8.62 |
| Ulcer Index | 11.11% | 2.92% |
| Daily Std Dev | 24.92% | 15.19% |
| Max Drawdown | -87.16% | -52.75% |
| Current Drawdown | -68.03% | -3.61% |
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ICLN vs. FIW - Expense Ratio Comparison
ICLN has a 0.46% expense ratio, which is lower than FIW's 0.54% expense ratio.
Correlation
The correlation between ICLN and FIW is 0.63, 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.
Risk-Adjusted Performance
ICLN vs. FIW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and First Trust Water ETF (FIW). 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
ICLN vs. FIW - Dividend Comparison
ICLN's dividend yield for the trailing twelve months is around 1.81%, more than FIW's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICLN iShares Global Clean Energy ETF | 1.81% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% | 2.11% |
FIW First Trust Water ETF | 0.60% | 0.68% | 0.67% | 0.37% | 0.56% | 0.55% | 0.73% | 1.13% | 0.51% | 0.76% | 0.75% | 0.63% |
Drawdowns
ICLN vs. FIW - Drawdown Comparison
The maximum ICLN drawdown since its inception was -87.16%, which is greater than FIW's maximum drawdown of -52.75%. Use the drawdown chart below to compare losses from any high point for ICLN and FIW. For additional features, visit the drawdowns tool.
Volatility
ICLN vs. FIW - Volatility Comparison
iShares Global Clean Energy ETF (ICLN) has a higher volatility of 9.44% compared to First Trust Water ETF (FIW) at 4.51%. This indicates that ICLN's price experiences larger fluctuations and is considered to be riskier than FIW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.