PABU.L vs. QCLN
Compare and contrast key facts about Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc (PABU.L) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
PABU.L and QCLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PABU.L is a passively managed fund by Amundi that tracks the performance of the Russell 1000 TR USD. It was launched on Jul 15, 2020. QCLN is a passively managed fund by First Trust that tracks the performance of the NASDAQ Clean Edge Green Energy. It was launched on Feb 8, 2007. Both PABU.L and QCLN 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: PABU.L or QCLN.
Key characteristics
| PABU.L | QCLN |
|---|
Correlation
The correlation between PABU.L and QCLN is 0.40, 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
PABU.L vs. QCLN - Performance Comparison
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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PABU.L vs. QCLN - Expense Ratio Comparison
PABU.L has a 0.40% expense ratio, which is lower than QCLN's 0.60% expense ratio.
Risk-Adjusted Performance
PABU.L vs. QCLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc (PABU.L) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). 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
PABU.L vs. QCLN - Dividend Comparison
PABU.L has not paid dividends to shareholders, while QCLN's dividend yield for the trailing twelve months is around 1.02%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PABU.L Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 1.02% | 0.76% | 0.33% | 0.01% | 0.30% | 0.85% | 1.03% | 0.45% | 1.25% | 0.72% | 0.78% | 0.41% |
Drawdowns
PABU.L vs. QCLN - Drawdown Comparison
Volatility
PABU.L vs. QCLN - Volatility Comparison
The current volatility for Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF - Acc (PABU.L) is 0.00%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 8.51%. This indicates that PABU.L experiences smaller price fluctuations and is considered to be less risky than QCLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.