ICLN vs. HYDR
Compare and contrast key facts about iShares Global Clean Energy ETF (ICLN) and Global X Hydrogen ETF (HYDR).
ICLN and HYDR 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. HYDR is a passively managed fund by Global X that tracks the performance of the Solactive Global Hydrogen Index - Benchmark TR Net. It was launched on Jul 12, 2021. Both ICLN and HYDR 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 HYDR.
Performance
ICLN vs. HYDR - Performance Comparison
Returns By Period
In the year-to-date period, ICLN achieves a -21.88% return, which is significantly higher than HYDR's -31.04% return.
ICLN
-21.88%
-10.08%
-14.10%
-12.36%
3.61%
3.67%
HYDR
-31.04%
4.91%
-19.65%
-26.80%
N/A
N/A
Key characteristics
| ICLN | HYDR | |
|---|---|---|
| Sharpe Ratio | -0.47 | -0.64 |
| Sortino Ratio | -0.53 | -0.77 |
| Omega Ratio | 0.94 | 0.92 |
| Calmar Ratio | -0.17 | -0.30 |
| Martin Ratio | -1.06 | -1.05 |
| Ulcer Index | 11.11% | 24.34% |
| Daily Std Dev | 24.92% | 40.11% |
| Max Drawdown | -87.16% | -85.83% |
| Current Drawdown | -68.03% | -83.54% |
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ICLN vs. HYDR - Expense Ratio Comparison
ICLN has a 0.46% expense ratio, which is lower than HYDR's 0.50% expense ratio.
Correlation
The correlation between ICLN and HYDR is 0.78, 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.
Risk-Adjusted Performance
ICLN vs. HYDR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and Global X Hydrogen ETF (HYDR). 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. HYDR - Dividend Comparison
ICLN's dividend yield for the trailing twelve months is around 1.81%, while HYDR has not paid dividends to shareholders.
| 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% |
HYDR Global X Hydrogen ETF | 0.00% | 0.00% | 0.00% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ICLN vs. HYDR - Drawdown Comparison
The maximum ICLN drawdown since its inception was -87.16%, roughly equal to the maximum HYDR drawdown of -85.83%. Use the drawdown chart below to compare losses from any high point for ICLN and HYDR. For additional features, visit the drawdowns tool.
Volatility
ICLN vs. HYDR - Volatility Comparison
The current volatility for iShares Global Clean Energy ETF (ICLN) is 9.44%, while Global X Hydrogen ETF (HYDR) has a volatility of 17.13%. This indicates that ICLN experiences smaller price fluctuations and is considered to be less risky than HYDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.