OGIG vs. ICLN
Compare and contrast key facts about O’Shares Global Internet Giants ETF (OGIG) and iShares Global Clean Energy ETF (ICLN).
OGIG and ICLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OGIG is a passively managed fund by O'Shares Investments that tracks the performance of the O’Shares Global Internet Giants Index. It was launched on Jun 5, 2018. 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 OGIG 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: OGIG or ICLN.
Key characteristics
| OGIG | ICLN | |
|---|---|---|
| YTD Return | 26.92% | -22.36% |
| 1Y Return | 44.27% | -6.34% |
| 3Y Return (Ann) | -7.06% | -20.91% |
| 5Y Return (Ann) | 13.85% | 3.49% |
| Sharpe Ratio | 2.33 | -0.24 |
| Sortino Ratio | 3.00 | -0.18 |
| Omega Ratio | 1.40 | 0.98 |
| Calmar Ratio | 0.90 | -0.09 |
| Martin Ratio | 12.44 | -0.59 |
| Ulcer Index | 3.59% | 10.73% |
| Daily Std Dev | 19.16% | 25.94% |
| Max Drawdown | -66.05% | -87.16% |
| Current Drawdown | -27.23% | -68.23% |
Correlation
The correlation between OGIG and ICLN is 0.61, 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
OGIG vs. ICLN - Performance Comparison
In the year-to-date period, OGIG achieves a 26.92% return, which is significantly higher than ICLN's -22.36% 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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OGIG vs. ICLN - Expense Ratio Comparison
OGIG has a 0.48% expense ratio, which is higher than ICLN's 0.46% expense ratio.
Risk-Adjusted Performance
OGIG vs. ICLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for O’Shares Global Internet Giants ETF (OGIG) 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
OGIG vs. ICLN - Dividend Comparison
OGIG has not paid dividends to shareholders, while ICLN's dividend yield for the trailing twelve months is around 1.82%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OGIG O’Shares Global Internet Giants ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICLN iShares Global Clean Energy ETF | 1.82% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% | 2.83% | 2.11% |
Drawdowns
OGIG vs. ICLN - Drawdown Comparison
The maximum OGIG drawdown since its inception was -66.05%, smaller than the maximum ICLN drawdown of -87.16%. Use the drawdown chart below to compare losses from any high point for OGIG and ICLN. For additional features, visit the drawdowns tool.
Volatility
OGIG vs. ICLN - Volatility Comparison
The current volatility for O’Shares Global Internet Giants ETF (OGIG) is 5.59%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 9.40%. This indicates that OGIG 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.