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

Correlation

The correlation between NXTG and ICLN is 0.63, 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

NXTG vs. ICLN - Performance Comparison

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

0.00%50.00%100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
237.74%
-10.71%
NXTG
ICLN

Key characteristics

Sharpe Ratio

NXTG:

0.86

ICLN:

-0.39

Sortino Ratio

NXTG:

1.31

ICLN:

-0.39

Omega Ratio

NXTG:

1.18

ICLN:

0.95

Calmar Ratio

NXTG:

0.93

ICLN:

-0.13

Martin Ratio

NXTG:

4.15

ICLN:

-0.58

Ulcer Index

NXTG:

3.98%

ICLN:

15.73%

Daily Std Dev

NXTG:

19.17%

ICLN:

23.33%

Max Drawdown

NXTG:

-33.61%

ICLN:

-87.15%

Current Drawdown

NXTG:

-6.21%

ICLN:

-68.61%

Returns By Period

In the year-to-date period, NXTG achieves a -0.07% return, which is significantly lower than ICLN's 3.16% return. Over the past 10 years, NXTG has outperformed ICLN with an annualized return of 9.45%, while ICLN has yielded a comparatively lower 0.99% annualized return.


NXTG

YTD

-0.07%

1M

-2.62%

6M

-1.05%

1Y

14.94%

5Y*

12.96%

10Y*

9.45%

ICLN

YTD

3.16%

1M

0.51%

6M

-9.65%

1Y

-9.19%

5Y*

4.06%

10Y*

0.99%

*Annualized

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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.


Expense ratio chart for NXTG: current value is 0.70%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NXTG: 0.70%
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

NXTG vs. ICLN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NXTG
The Risk-Adjusted Performance Rank of NXTG is 7979
Overall Rank
The Sharpe Ratio Rank of NXTG is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of NXTG is 7777
Sortino Ratio Rank
The Omega Ratio Rank of NXTG is 7878
Omega Ratio Rank
The Calmar Ratio Rank of NXTG is 8181
Calmar Ratio Rank
The Martin Ratio Rank of NXTG is 8181
Martin Ratio Rank

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
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.

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.


The chart of Sharpe ratio for NXTG, currently valued at 0.86, compared to the broader market-1.000.001.002.003.004.00
NXTG: 0.86
ICLN: -0.39
The chart of Sortino ratio for NXTG, currently valued at 1.31, compared to the broader market-2.000.002.004.006.008.00
NXTG: 1.31
ICLN: -0.39
The chart of Omega ratio for NXTG, currently valued at 1.18, compared to the broader market0.501.001.502.002.50
NXTG: 1.18
ICLN: 0.95
The chart of Calmar ratio for NXTG, currently valued at 0.93, compared to the broader market0.002.004.006.008.0010.0012.00
NXTG: 0.93
ICLN: -0.14
The chart of Martin ratio for NXTG, currently valued at 4.15, compared to the broader market0.0020.0040.0060.00
NXTG: 4.15
ICLN: -0.58

The current NXTG Sharpe Ratio is 0.86, which is higher than the ICLN Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of NXTG and ICLN, 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-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.86
-0.39
NXTG
ICLN

Dividends

NXTG vs. ICLN - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.55%, less than ICLN's 1.79% yield.


TTM20242023202220212020201920182017201620152014
NXTG
First Trust Indxx NextG ETF
1.55%1.51%2.15%2.04%0.78%1.04%0.77%1.27%1.65%1.23%1.11%1.07%
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%

Drawdowns

NXTG vs. ICLN - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, smaller than the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for NXTG and ICLN. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.21%
-63.03%
NXTG
ICLN

Volatility

NXTG vs. ICLN - Volatility Comparison

First Trust Indxx NextG ETF (NXTG) has a higher volatility of 13.03% compared to iShares Global Clean Energy ETF (ICLN) at 10.27%. This indicates that NXTG'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.03%
10.27%
NXTG
ICLN