TRBCX vs. ICLN
TRBCX (T. Rowe Price Blue Chip Growth Fund) and ICLN (iShares Global Clean Energy ETF) are both funds - TRBCX is a Large Cap Growth Equities fund actively managed by T. Rowe Price, while ICLN is a Alternative Energy Equities fund tracking the S&P Global Clean Energy Index. TRBCX is actively managed, while ICLN is passively managed. Over the past 10 years, TRBCX returned 17.27%/yr vs 11.67%/yr for ICLN. A 0.60 correlation means they provide meaningful diversification when combined. TRBCX charges 0.69%/yr vs 0.39%/yr for ICLN.
Performance
TRBCX vs. ICLN - Performance Comparison
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Returns By Period
In the year-to-date period, TRBCX achieves a -0.04% return, which is significantly lower than ICLN's 27.33% return. Over the past 10 years, TRBCX has outperformed ICLN with an annualized return of 17.27%, while ICLN has yielded a comparatively lower 11.67% annualized return.
TRBCX
- 1D
- 1.53%
- 1M
- -3.52%
- YTD
- -0.04%
- 6M
- 0.59%
- 1Y
- 14.13%
- 3Y*
- 26.13%
- 5Y*
- 11.91%
- 10Y*
- 17.27%
ICLN
- 1D
- 0.87%
- 1M
- -4.39%
- YTD
- 27.33%
- 6M
- 27.01%
- 1Y
- 60.81%
- 3Y*
- 5.25%
- 5Y*
- -0.21%
- 10Y*
- 11.67%
TRBCX vs. ICLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRBCX T. Rowe Price Blue Chip Growth Fund | -0.04% | 18.78% | 48.46% | 49.42% | -38.57% | 17.54% | 34.73% | 29.97% | 2.00% | 36.54% |
ICLN iShares Global Clean Energy ETF | 27.33% | 47.05% | -25.72% | -20.41% | -5.43% | -24.18% | 141.82% | 44.36% | -9.03% | 21.47% |
Correlation
The correlation between TRBCX and ICLN is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jun 25, 2008 | 0.60 |
The correlation between TRBCX and ICLN shifts across timeframes, from 0.38 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TRBCX vs. ICLN — Risk / Return Rank
TRBCX
ICLN
TRBCX vs. ICLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth Fund (TRBCX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRBCX | ICLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 3.73 | -2.89 |
| Martin ratioReturn relative to average drawdown | 2.80 | 13.84 | -11.04 |
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Drawdowns
TRBCX vs. ICLN - Drawdown Comparison
The maximum TRBCX drawdown since its inception was -54.56%, smaller than the maximum ICLN drawdown of -87.15%. Use the drawdown chart below to compare losses from any high point for TRBCX and ICLN.
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Drawdown Indicators
| TRBCX | ICLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.56% | -87.15% | +32.59% |
Max Drawdown (1Y)Largest decline over 1 year | -17.01% | -16.38% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -23.08% | -43.18% | +20.10% |
Max Drawdown (5Y)Largest decline over 5 years | -43.63% | -57.16% | +13.53% |
Max Drawdown (10Y)Largest decline over 10 years | -43.63% | -66.75% | +23.12% |
Current DrawdownCurrent decline from peak | -5.89% | -43.03% | +37.14% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -66.56% | +55.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.08% | 4.41% | +0.67% |
Volatility
TRBCX vs. ICLN - Volatility Comparison
The current volatility for T. Rowe Price Blue Chip Growth Fund (TRBCX) is 5.59%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 12.97%. This indicates that TRBCX 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.
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Volatility by Period
| TRBCX | ICLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 12.97% | -7.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.14% | 22.62% | -8.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.24% | 28.21% | -10.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 27.55% | -3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.83% | 27.32% | -4.49% |
TRBCX vs. ICLN - Expense Ratio Comparison
TRBCX has a 0.69% expense ratio, which is higher than ICLN's 0.39% expense ratio.
Dividends
TRBCX vs. ICLN - Dividend Comparison
TRBCX's dividend yield for the trailing twelve months is around 5.25%, more than ICLN's 1.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICLN iShares Global Clean Energy ETF | 1.28% | 1.63% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% |
TRBCX T. Rowe Price Blue Chip Growth Fund | 5.25% | 5.25% | 18.16% | 3.49% | 5.87% | 9.38% | 1.19% | 0.36% | 2.44% | 2.94% | 0.67% | 3.26% |
Frequently Asked Questions
TRBCX and ICLN have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICLN has higher volatility (12.97%) compared to TRBCX (5.59%). In terms of maximum drawdown, TRBCX dropped -54.56% vs ICLN's -87.15%.
ICLN currently has the higher Sharpe Ratio (2.17 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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