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

Correlation

The correlation between ICLN and HYDR is 0.58, 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.


Performance

ICLN vs. HYDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Clean Energy ETF (ICLN) and Global X Hydrogen ETF (HYDR). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ICLN:

-0.49

HYDR:

-0.84

Sortino Ratio

ICLN:

-0.54

HYDR:

-1.12

Omega Ratio

ICLN:

0.93

HYDR:

0.88

Calmar Ratio

ICLN:

-0.16

HYDR:

-0.41

Martin Ratio

ICLN:

-0.70

HYDR:

-1.09

Ulcer Index

ICLN:

16.28%

HYDR:

33.13%

Daily Std Dev

ICLN:

23.15%

HYDR:

44.04%

Max Drawdown

ICLN:

-87.15%

HYDR:

-89.28%

Current Drawdown

ICLN:

-67.43%

HYDR:

-87.80%

Returns By Period

In the year-to-date period, ICLN achieves a 7.03% return, which is significantly higher than HYDR's -23.62% return.


ICLN

YTD

7.03%

1M

11.64%

6M

-0.65%

1Y

-10.55%

5Y*

2.90%

10Y*

1.37%

HYDR

YTD

-23.62%

1M

10.35%

6M

-18.62%

1Y

-35.67%

5Y*

N/A

10Y*

N/A

*Annualized

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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.


Risk-Adjusted Performance

ICLN vs. HYDR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ICLN
The Risk-Adjusted Performance Rank of ICLN is 77
Overall Rank
The Sharpe Ratio Rank of ICLN is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of ICLN is 55
Sortino Ratio Rank
The Omega Ratio Rank of ICLN is 55
Omega Ratio Rank
The Calmar Ratio Rank of ICLN is 1111
Calmar Ratio Rank
The Martin Ratio Rank of ICLN is 99
Martin Ratio Rank

HYDR
The Risk-Adjusted Performance Rank of HYDR is 22
Overall Rank
The Sharpe Ratio Rank of HYDR is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of HYDR is 11
Sortino Ratio Rank
The Omega Ratio Rank of HYDR is 22
Omega Ratio Rank
The Calmar Ratio Rank of HYDR is 44
Calmar Ratio Rank
The Martin Ratio Rank of HYDR is 55
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ICLN Sharpe Ratio is -0.49, which is higher than the HYDR Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of ICLN and HYDR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ICLN vs. HYDR - Dividend Comparison

ICLN's dividend yield for the trailing twelve months is around 1.72%, more than HYDR's 0.52% yield.


TTM20242023202220212020201920182017201620152014
ICLN
iShares Global Clean Energy ETF
1.72%1.85%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%2.83%
HYDR
Global X Hydrogen ETF
0.52%0.40%0.00%0.00%0.06%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 -87.15%, roughly equal to the maximum HYDR drawdown of -89.28%. Use the drawdown chart below to compare losses from any high point for ICLN and HYDR. For additional features, visit the drawdowns tool.


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Volatility

ICLN vs. HYDR - Volatility Comparison

The current volatility for iShares Global Clean Energy ETF (ICLN) is 6.23%, while Global X Hydrogen ETF (HYDR) has a volatility of 9.75%. 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.


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