NXTG vs. ICLN
Compare and contrast key facts about First Trust Indxx NextG ETF (NXTG) and iShares Global Clean Energy ETF (ICLN).
NXTG and ICLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NXTG is a passively managed fund by First Trust that tracks the performance of the Indxx 5G & NextG Thematic Index. It was launched on Feb 17, 2011. 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 NXTG 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: NXTG or ICLN.
Performance
NXTG vs. ICLN - Performance Comparison
Returns By Period
In the year-to-date period, NXTG achieves a 12.12% return, which is significantly higher than ICLN's -21.65% return. Over the past 10 years, NXTG has outperformed ICLN with an annualized return of 10.62%, while ICLN has yielded a comparatively lower 3.47% annualized return.
NXTG
12.12%
-1.58%
7.77%
20.73%
12.01%
10.62%
ICLN
-21.65%
-7.41%
-18.24%
-11.66%
3.85%
3.47%
Key characteristics
| NXTG | ICLN | |
|---|---|---|
| Sharpe Ratio | 1.48 | -0.47 |
| Sortino Ratio | 2.04 | -0.52 |
| Omega Ratio | 1.25 | 0.94 |
| Calmar Ratio | 2.01 | -0.17 |
| Martin Ratio | 6.84 | -1.02 |
| Ulcer Index | 3.03% | 11.46% |
| Daily Std Dev | 13.97% | 24.76% |
| Max Drawdown | -33.61% | -87.16% |
| Current Drawdown | -3.98% | -67.94% |
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NXTG vs. ICLN - Expense Ratio Comparison
NXTG has a 0.70% expense ratio, which is higher than ICLN's 0.46% expense ratio.
Correlation
The correlation between NXTG and ICLN is 0.59, 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.
Risk-Adjusted Performance
NXTG vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG ETF (NXTG) 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
NXTG vs. ICLN - Dividend Comparison
NXTG's dividend yield for the trailing twelve months is around 1.89%, more than ICLN's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NXTG First Trust Indxx NextG ETF | 1.89% | 2.15% | 2.04% | 1.66% | 1.04% | 0.77% | 1.27% | 1.65% | 1.23% | 1.11% | 1.07% | 0.86% |
ICLN iShares Global Clean Energy ETF | 1.80% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% | 2.11% |
Drawdowns
NXTG vs. ICLN - Drawdown Comparison
The maximum NXTG drawdown since its inception was -33.61%, smaller than the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for NXTG and ICLN. For additional features, visit the drawdowns tool.
Volatility
NXTG vs. ICLN - Volatility Comparison
The current volatility for First Trust Indxx NextG ETF (NXTG) is 3.46%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 9.46%. This indicates that NXTG experiences smaller price fluctuations and is considered to be less risky than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.