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

Correlation

The correlation between SMOG and ICLN is 0.64, 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

SMOG vs. ICLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Low Carbon Energy ETF (SMOG) and iShares Global Clean Energy ETF (ICLN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SMOG:

0.41

ICLN:

-0.29

Sortino Ratio

SMOG:

0.89

ICLN:

-0.14

Omega Ratio

SMOG:

1.11

ICLN:

0.98

Calmar Ratio

SMOG:

0.25

ICLN:

-0.07

Martin Ratio

SMOG:

1.61

ICLN:

-0.31

Ulcer Index

SMOG:

7.84%

ICLN:

16.35%

Daily Std Dev

SMOG:

23.99%

ICLN:

23.49%

Max Drawdown

SMOG:

-84.39%

ICLN:

-87.15%

Current Drawdown

SMOG:

-38.95%

ICLN:

-65.43%

Returns By Period

In the year-to-date period, SMOG achieves a 12.66% return, which is significantly lower than ICLN's 13.62% return. Over the past 10 years, SMOG has outperformed ICLN with an annualized return of 6.60%, while ICLN has yielded a comparatively lower 1.89% annualized return.


SMOG

YTD

12.66%

1M

11.94%

6M

13.34%

1Y

9.77%

5Y*

11.13%

10Y*

6.60%

ICLN

YTD

13.62%

1M

13.52%

6M

9.07%

1Y

-6.86%

5Y*

4.89%

10Y*

1.89%

*Annualized

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SMOG vs. ICLN - Expense Ratio Comparison

SMOG has a 0.63% expense ratio, which is higher than ICLN's 0.46% expense ratio.


Risk-Adjusted Performance

SMOG vs. ICLN — Risk-Adjusted Performance Rank

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

SMOG
The Risk-Adjusted Performance Rank of SMOG is 4343
Overall Rank
The Sharpe Ratio Rank of SMOG is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of SMOG is 5353
Sortino Ratio Rank
The Omega Ratio Rank of SMOG is 4646
Omega Ratio Rank
The Calmar Ratio Rank of SMOG is 3232
Calmar Ratio Rank
The Martin Ratio Rank of SMOG is 4848
Martin Ratio Rank

ICLN
The Risk-Adjusted Performance Rank of ICLN is 1010
Overall Rank
The Sharpe Ratio Rank of ICLN is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of ICLN is 99
Sortino Ratio Rank
The Omega Ratio Rank of ICLN is 99
Omega Ratio Rank
The Calmar Ratio Rank of ICLN is 1212
Calmar Ratio Rank
The Martin Ratio Rank of ICLN is 1111
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.

SMOG vs. ICLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Low Carbon Energy ETF (SMOG) 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 current SMOG Sharpe Ratio is 0.41, which is higher than the ICLN Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of SMOG 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.


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Dividends

SMOG vs. ICLN - Dividend Comparison

SMOG's dividend yield for the trailing twelve months is around 1.46%, less than ICLN's 1.62% yield.


TTM20242023202220212020201920182017201620152014
SMOG
VanEck Vectors Low Carbon Energy ETF
1.46%1.64%1.58%1.32%0.44%0.06%0.00%0.62%1.25%2.12%0.56%0.21%
ICLN
iShares Global Clean Energy ETF
1.62%1.85%1.59%0.89%1.18%0.34%1.36%2.77%2.49%3.88%2.36%2.83%

Drawdowns

SMOG vs. ICLN - Drawdown Comparison

The maximum SMOG drawdown since its inception was -84.39%, roughly equal to the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for SMOG and ICLN. For additional features, visit the drawdowns tool.


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Volatility

SMOG vs. ICLN - Volatility Comparison

VanEck Vectors Low Carbon Energy ETF (SMOG) and iShares Global Clean Energy ETF (ICLN) have volatilities of 5.85% and 6.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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