INRG.L vs. ACES
Compare and contrast key facts about iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) and ALPS Clean Energy ETF (ACES).
INRG.L and ACES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INRG.L is a passively managed fund by iShares that tracks the performance of the S&P Global Clean Energy TR USD. It was launched on Jul 9, 2007. ACES is a passively managed fund by SS&C that tracks the performance of the CIBC Atlas Clean Energy Index. It was launched on Jun 29, 2018. Both INRG.L and ACES 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: INRG.L or ACES.
Key characteristics
| INRG.L | ACES | |
|---|---|---|
| YTD Return | -9.55% | -16.57% |
| 1Y Return | -26.14% | -30.11% |
| 3Y Return (Ann) | -8.86% | -21.77% |
| 5Y Return (Ann) | 8.45% | 2.18% |
| Sharpe Ratio | -1.07 | -0.81 |
| Daily Std Dev | 23.67% | 35.69% |
| Max Drawdown | -84.98% | -73.33% |
| Current Drawdown | -53.63% | -69.27% |
Correlation
The correlation between INRG.L and ACES is 0.66, 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
INRG.L vs. ACES - Performance Comparison
In the year-to-date period, INRG.L achieves a -9.55% return, which is significantly higher than ACES's -16.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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INRG.L vs. ACES - Expense Ratio Comparison
INRG.L has a 0.65% expense ratio, which is higher than ACES's 0.55% expense ratio.
Risk-Adjusted Performance
INRG.L vs. ACES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) and ALPS Clean Energy ETF (ACES). 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
INRG.L vs. ACES - Dividend Comparison
INRG.L's dividend yield for the trailing twelve months is around 0.01%, less than ACES's 1.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INRG.L iShares Global Clean Energy UCITS ETF USD (Dist) | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.02% | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% |
ACES ALPS Clean Energy ETF | 1.53% | 1.44% | 1.08% | 0.71% | 0.56% | 1.30% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
INRG.L vs. ACES - Drawdown Comparison
The maximum INRG.L drawdown since its inception was -84.98%, which is greater than ACES's maximum drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for INRG.L and ACES. For additional features, visit the drawdowns tool.
Volatility
INRG.L vs. ACES - Volatility Comparison
The current volatility for iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) is 6.21%, while ALPS Clean Energy ETF (ACES) has a volatility of 8.44%. This indicates that INRG.L experiences smaller price fluctuations and is considered to be less risky than ACES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.