RL vs. QCLN
Compare and contrast key facts about Ralph Lauren Corporation (RL) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RL or QCLN.
Key characteristics
| RL | QCLN | |
|---|---|---|
| YTD Return | 15.65% | -16.46% |
| 1Y Return | 51.59% | -25.35% |
| 3Y Return (Ann) | 9.09% | -14.28% |
| 5Y Return (Ann) | 10.42% | 12.71% |
| 10Y Return (Ann) | 3.00% | 7.82% |
| Sharpe Ratio | 1.81 | -0.70 |
| Daily Std Dev | 30.37% | 33.87% |
| Max Drawdown | -68.62% | -76.18% |
| Current Drawdown | -12.42% | -59.65% |
Correlation
The correlation between RL and QCLN is 0.46, 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
RL vs. QCLN - Performance Comparison
In the year-to-date period, RL achieves a 15.65% return, which is significantly higher than QCLN's -16.46% return. Over the past 10 years, RL has underperformed QCLN with an annualized return of 3.00%, while QCLN has yielded a comparatively higher 7.82% 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
RL vs. QCLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ralph Lauren Corporation (RL) 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
RL vs. QCLN - Dividend Comparison
RL's dividend yield for the trailing twelve months is around 1.81%, more than QCLN's 0.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RL Ralph Lauren Corporation | 1.81% | 2.08% | 2.78% | 1.74% | 0.66% | 2.29% | 2.30% | 1.93% | 2.21% | 1.79% | 0.97% | 0.93% |
QCLN First Trust NASDAQ Clean Edge Green Energy Index Fund | 0.76% | 0.76% | 0.33% | 0.01% | 0.30% | 0.85% | 1.03% | 0.45% | 1.24% | 0.72% | 0.79% | 0.41% |
Drawdowns
RL vs. QCLN - Drawdown Comparison
The maximum RL drawdown since its inception was -68.62%, smaller than the maximum QCLN drawdown of -76.18%. Use the drawdown chart below to compare losses from any high point for RL and QCLN. For additional features, visit the drawdowns tool.
Volatility
RL vs. QCLN - Volatility Comparison
The current volatility for Ralph Lauren Corporation (RL) is 5.79%, while First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) has a volatility of 8.35%. This indicates that RL 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.