INRG.L vs. TSLA
Compare and contrast key facts about iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) and Tesla, Inc. (TSLA).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INRG.L or TSLA.
Key characteristics
| INRG.L | TSLA | |
|---|---|---|
| YTD Return | -8.89% | -29.98% |
| 1Y Return | -24.91% | 4.49% |
| 3Y Return (Ann) | -8.62% | -3.99% |
| 5Y Return (Ann) | 8.70% | 65.57% |
| 10Y Return (Ann) | 8.48% | 29.90% |
| Sharpe Ratio | -1.03 | 0.09 |
| Daily Std Dev | 23.65% | 51.24% |
| Max Drawdown | -84.98% | -73.63% |
| Current Drawdown | -53.29% | -57.56% |
Correlation
The correlation between INRG.L and TSLA is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
INRG.L vs. TSLA - Performance Comparison
In the year-to-date period, INRG.L achieves a -8.89% return, which is significantly higher than TSLA's -29.98% return. Over the past 10 years, INRG.L has underperformed TSLA with an annualized return of 8.48%, while TSLA has yielded a comparatively higher 29.90% 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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Risk-Adjusted Performance
INRG.L vs. TSLA - 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 Tesla, Inc. (TSLA). 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. TSLA - Dividend Comparison
INRG.L's dividend yield for the trailing twelve months is around 0.01%, while TSLA has not paid dividends to shareholders.
| 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% |
TSLA Tesla, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
INRG.L vs. TSLA - Drawdown Comparison
The maximum INRG.L drawdown since its inception was -84.98%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for INRG.L and TSLA. For additional features, visit the drawdowns tool.
Volatility
INRG.L vs. TSLA - Volatility Comparison
The current volatility for iShares Global Clean Energy UCITS ETF USD (Dist) (INRG.L) is 5.65%, while Tesla, Inc. (TSLA) has a volatility of 22.14%. This indicates that INRG.L experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.