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ICLN vs. JEDI.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ICLN vs. JEDI.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Clean Energy ETF (ICLN) and VanEck Space Innovators UCITS ETF (JEDI.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ICLN is traded in USD, while JEDI.DE is traded in EUR. To make them comparable, the JEDI.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ICLN achieves a 10.70% return, which is significantly lower than JEDI.DE's 18.06% return.


ICLN

1D
-1.25%
1M
-14.03%
6M
2.76%
YTD
10.70%
1Y
34.98%
3Y*
0.42%
5Y*
-3.25%
10Y*
8.88%
ALL TIME*
-3.76%

JEDI.DE

1D
0.00%
1M
-18.32%
6M
-5.92%
YTD
18.06%
1Y
53.50%
3Y*
46.68%
5Y*
10Y*
ALL TIME*
38.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ICLN vs. JEDI.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022
ICLN
iShares Global Clean Energy ETF
10.70%47.05%-25.72%-20.41%2.92%
JEDI.DE
VanEck Space Innovators UCITS ETF
18.06%94.34%43.44%11.98%1.03%

Correlation

The correlation between ICLN and JEDI.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.45

Correlation (3Y)
Calculated over the trailing 3-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jun 24, 2022

0.41

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Return for Risk

ICLN vs. JEDI.DE — Risk / Return Rank

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

ICLN
ICLN Risk / Return Rank: 4141
Overall Rank
ICLN Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
ICLN Sortino Ratio Rank: 4242
Sortino Ratio Rank
ICLN Omega Ratio Rank: 3939
Omega Ratio Rank
ICLN Calmar Ratio Rank: 3838
Calmar Ratio Rank
ICLN Martin Ratio Rank: 4343
Martin Ratio Rank

JEDI.DE
JEDI.DE Risk / Return Rank: 4141
Overall Rank
JEDI.DE Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
JEDI.DE Sortino Ratio Rank: 4646
Sortino Ratio Rank
JEDI.DE Omega Ratio Rank: 4141
Omega Ratio Rank
JEDI.DE Calmar Ratio Rank: 3535
Calmar Ratio Rank
JEDI.DE Martin Ratio Rank: 3737
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ICLN vs. JEDI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and VanEck Space Innovators UCITS ETF (JEDI.DE). 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.


ICLNJEDI.DEDifference
Sharpe ratioReturn per unit of total volatility

+0.06

Sortino ratioReturn per unit of downside risk

-0.06

Omega ratioGain probability vs. loss probability

1.20

1.20

0.00

Calmar ratioReturn relative to maximum drawdown

1.50

1.28

+0.22

Martin ratioReturn relative to average drawdown

5.17

4.00

+1.18

ICLN vs. JEDI.DE - Sharpe Ratio Comparison

The current ICLN Sharpe Ratio is 1.18, which is comparable to the JEDI.DE Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of ICLN and JEDI.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

ICLN vs. JEDI.DE - Drawdown Comparison

The maximum ICLN drawdown since its inception was -87.15%, which is greater than JEDI.DE's maximum drawdown of -42.02%. Use the drawdown chart below to compare losses from any high point for ICLN and JEDI.DE.


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Drawdown Indicators


ICLNJEDI.DEDifference

Max Drawdown

Largest peak-to-trough decline

-87.15%

-42.02%

-45.13%

Max Drawdown (1Y)

Largest decline over 1 year

-23.42%

-42.02%

+18.60%

Max Drawdown (3Y)

Largest decline over 3 years

-42.27%

-42.02%

-0.25%

Max Drawdown (5Y)

Largest decline over 5 years

-57.16%

Max Drawdown (10Y)

Largest decline over 10 years

-66.75%

Current Drawdown

Current decline from peak

-50.47%

-42.02%

-8.45%

Average Drawdown

Average peak-to-trough decline

-66.45%

-8.02%

-58.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.78%

13.43%

-6.65%

Volatility

ICLN vs. JEDI.DE - Volatility Comparison

The current volatility for iShares Global Clean Energy ETF (ICLN) is 11.54%, while VanEck Space Innovators UCITS ETF (JEDI.DE) has a volatility of 15.45%. This indicates that ICLN experiences smaller price fluctuations and is considered to be less risky than JEDI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ICLNJEDI.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.54%

15.45%

-3.91%

Volatility (6M)

Calculated over the trailing 6-month period

24.70%

37.89%

-13.19%

Volatility (1Y)

Calculated over the trailing 1-year period

29.86%

47.97%

-18.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.93%

34.41%

-6.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.43%

34.41%

-6.98%

ICLN vs. JEDI.DE - Expense Ratio Comparison

ICLN has a 0.39% expense ratio, which is lower than JEDI.DE's 0.55% expense ratio.


Dividends

ICLN vs. JEDI.DE - Dividend Comparison

ICLN's dividend yield for the trailing twelve months is around 1.02%, while JEDI.DE has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
ICLN
iShares Global Clean Energy ETF
1.02%1.63%1.85%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%
JEDI.DE
VanEck Space Innovators UCITS ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


ICLN and JEDI.DE have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, ICLN is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

ICLN is cheaper with a 0.39% expense ratio, compared with 0.55% for JEDI.DE.

ICLN is categorized as Alternative Energy Equities, while JEDI.DE is Industrials Equities. ICLN tracks S&P Global Clean Energy Index, while JEDI.DE tracks MarketVector Global Space Industry Screened Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.39% for ICLN and 0.55% for JEDI.DE.

Portfolio Optimizer

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