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

Correlation

The correlation between ICLN and PBW is 0.64, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

ICLN vs. PBW - Performance Comparison

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

-80.00%-75.00%-70.00%-65.00%NovemberDecember2025FebruaryMarchApril
-68.61%
-80.06%
ICLN
PBW

Key characteristics

Sharpe Ratio

ICLN:

-0.39

PBW:

-0.42

Sortino Ratio

ICLN:

-0.39

PBW:

-0.37

Omega Ratio

ICLN:

0.95

PBW:

0.96

Calmar Ratio

ICLN:

-0.13

PBW:

-0.19

Martin Ratio

ICLN:

-0.58

PBW:

-0.93

Ulcer Index

ICLN:

15.73%

PBW:

18.73%

Daily Std Dev

ICLN:

23.33%

PBW:

41.54%

Max Drawdown

ICLN:

-87.15%

PBW:

-89.02%

Current Drawdown

ICLN:

-68.61%

PBW:

-87.21%

Returns By Period

In the year-to-date period, ICLN achieves a 3.16% return, which is significantly higher than PBW's -21.89% return. Over the past 10 years, ICLN has outperformed PBW with an annualized return of 0.99%, while PBW has yielded a comparatively lower -4.11% annualized return.


ICLN

YTD

3.16%

1M

0.51%

6M

-9.65%

1Y

-9.19%

5Y*

4.06%

10Y*

0.99%

PBW

YTD

-21.89%

1M

-9.86%

6M

-21.93%

1Y

-18.86%

5Y*

-10.02%

10Y*

-4.11%

*Annualized

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ICLN vs. PBW - Expense Ratio Comparison

ICLN has a 0.46% expense ratio, which is lower than PBW's 0.61% expense ratio.


Expense ratio chart for PBW: current value is 0.61%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PBW: 0.61%
Expense ratio chart for ICLN: current value is 0.46%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ICLN: 0.46%

Risk-Adjusted Performance

ICLN vs. PBW — 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 1010
Overall Rank
The Sharpe Ratio Rank of ICLN is 88
Sharpe Ratio Rank
The Sortino Ratio Rank of ICLN is 88
Sortino Ratio Rank
The Omega Ratio Rank of ICLN is 88
Omega Ratio Rank
The Calmar Ratio Rank of ICLN is 1414
Calmar Ratio Rank
The Martin Ratio Rank of ICLN is 1212
Martin Ratio Rank

PBW
The Risk-Adjusted Performance Rank of PBW is 88
Overall Rank
The Sharpe Ratio Rank of PBW is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of PBW is 88
Sortino Ratio Rank
The Omega Ratio Rank of PBW is 99
Omega Ratio Rank
The Calmar Ratio Rank of PBW is 1010
Calmar Ratio Rank
The Martin Ratio Rank of PBW is 77
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. PBW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy ETF (ICLN) and Invesco WilderHill Clean Energy ETF (PBW). 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 chart of Sharpe ratio for ICLN, currently valued at -0.39, compared to the broader market-1.000.001.002.003.004.00
ICLN: -0.39
PBW: -0.42
The chart of Sortino ratio for ICLN, currently valued at -0.39, compared to the broader market-2.000.002.004.006.008.00
ICLN: -0.39
PBW: -0.37
The chart of Omega ratio for ICLN, currently valued at 0.95, compared to the broader market0.501.001.502.00
ICLN: 0.95
PBW: 0.96
The chart of Calmar ratio for ICLN, currently valued at -0.13, compared to the broader market0.002.004.006.008.0010.0012.00
ICLN: -0.13
PBW: -0.19
The chart of Martin ratio for ICLN, currently valued at -0.58, compared to the broader market0.0020.0040.0060.00
ICLN: -0.58
PBW: -0.93

The current ICLN Sharpe Ratio is -0.39, which is comparable to the PBW Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of ICLN and PBW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.20-1.00-0.80-0.60-0.40-0.200.000.20NovemberDecember2025FebruaryMarchApril
-0.39
-0.42
ICLN
PBW

Dividends

ICLN vs. PBW - Dividend Comparison

ICLN's dividend yield for the trailing twelve months is around 1.79%, less than PBW's 2.68% yield.


TTM20242023202220212020201920182017201620152014
ICLN
iShares Global Clean Energy ETF
1.79%1.85%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%2.83%
PBW
Invesco WilderHill Clean Energy ETF
2.68%2.84%3.68%4.21%1.71%0.44%1.45%2.89%1.28%2.68%1.53%2.96%

Drawdowns

ICLN vs. PBW - Drawdown Comparison

The maximum ICLN drawdown since its inception was -87.15%, roughly equal to the maximum PBW drawdown of -89.02%. Use the drawdown chart below to compare losses from any high point for ICLN and PBW. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%NovemberDecember2025FebruaryMarchApril
-68.61%
-87.21%
ICLN
PBW

Volatility

ICLN vs. PBW - Volatility Comparison

The current volatility for iShares Global Clean Energy ETF (ICLN) is 10.27%, while Invesco WilderHill Clean Energy ETF (PBW) has a volatility of 18.92%. This indicates that ICLN experiences smaller price fluctuations and is considered to be less risky than PBW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
10.27%
18.92%
ICLN
PBW