INRG.L vs. ICLN
Compare and contrast key facts about iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) and iShares Global Clean Energy ETF (ICLN).
INRG.L and ICLN 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. 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. Both INRG.L and ICLN 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 ICLN.
Key characteristics
| INRG.L | ICLN | |
|---|---|---|
| YTD Return | -9.55% | -9.38% |
| 1Y Return | -26.14% | -25.58% |
| 3Y Return (Ann) | -8.86% | -12.26% |
| 5Y Return (Ann) | 8.45% | 8.32% |
| 10Y Return (Ann) | 8.41% | 5.04% |
| Sharpe Ratio | -1.07 | -0.99 |
| Daily Std Dev | 23.67% | 25.30% |
| Max Drawdown | -84.98% | -87.16% |
| Current Drawdown | -53.63% | -62.92% |
Correlation
The correlation between INRG.L and ICLN is 0.74, 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.
Performance
INRG.L vs. ICLN - Performance Comparison
The year-to-date returns for both investments are quite close, with INRG.L having a -9.55% return and ICLN slightly higher at -9.38%. Over the past 10 years, INRG.L has outperformed ICLN with an annualized return of 8.41%, while ICLN has yielded a comparatively lower 5.04% annualized 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. ICLN - Expense Ratio Comparison
INRG.L has a 0.65% expense ratio, which is higher than ICLN's 0.46% expense ratio.
Risk-Adjusted Performance
INRG.L vs. ICLN - 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 iShares Global Clean Energy ETF (ICLN). 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. ICLN - Dividend Comparison
INRG.L's dividend yield for the trailing twelve months is around 0.01%, less than ICLN's 1.75% 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% |
ICLN iShares Global Clean Energy ETF | 1.75% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.82% | 2.10% |
Drawdowns
INRG.L vs. ICLN - Drawdown Comparison
The maximum INRG.L drawdown since its inception was -84.98%, roughly equal to the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for INRG.L and ICLN. For additional features, visit the drawdowns tool.
Volatility
INRG.L vs. ICLN - Volatility Comparison
iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) has a higher volatility of 6.21% compared to iShares Global Clean Energy ETF (ICLN) at 5.06%. This indicates that INRG.L's price experiences larger fluctuations and is considered to be riskier than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.