VCLN vs. DWAT

Last updated Apr 1, 2026

Compare and contrast key facts about Virtus Duff & Phelps Clean Energy ETF (VCLN) and Arrow DWA Tactical ETF (DWAT).

VCLN and DWAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VCLN is an actively managed fund by Virtus Investment Partners. It was launched on Aug 3, 2021. DWAT is an actively managed fund by Arrow Funds. It was launched on Oct 1, 2014.

Performance

VCLN vs. DWAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Duff & Phelps Clean Energy ETF (VCLN) and Arrow DWA Tactical ETF (DWAT). The values are adjusted to include any dividend payments, if applicable.

VCLN vs. DWAT - Yearly Performance Comparison

	2026 (YTD)
VCLN Virtus Duff & Phelps Clean Energy ETF	-2.05%
DWAT Arrow DWA Tactical ETF	0.00%

Returns By Period

VCLN

• 1D: 4.26%
• 1M: -0.55%
• YTD: 9.96%
• 6M: 19.57%
• 1Y: 72.36%
• 3Y*: 9.48%
• 5Y*: —
• 10Y*: —

DWAT

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VCLN vs. DWAT - Expense Ratio Comparison

VCLN has a 0.59% expense ratio, which is lower than DWAT's 1.66% expense ratio.

DWAT

Arrow DWA Tactical ETF

VCLN

Virtus Duff & Phelps Clean Energy ETF

Return for Risk

VCLN vs. DWAT — Risk / Return Rank

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

VCLN

VCLN Risk / Return Rank: 96
VCLN Sharpe Ratio Rank: 95
VCLN Sortino Ratio Rank: 95
VCLN Omega Ratio Rank: 92
VCLN Calmar Ratio Rank: 98
VCLN Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VCLN vs. DWAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Clean Energy ETF (VCLN) and Arrow DWA Tactical ETF (DWAT). 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.

	VCLN	DWAT	Difference
Sharpe ratio Return per unit of total volatility	2.44	—	—
Sortino ratio Return per unit of downside risk	3.16	—	—
Omega ratio Gain probability vs. loss probability	1.40	—	—
Calmar ratio Return relative to maximum drawdown	5.64	—	—
Martin ratio Return relative to average drawdown	20.86	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VCLN	DWAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	—	—

Dividends

VCLN vs. DWAT - Dividend Comparison

VCLN's dividend yield for the trailing twelve months is around 1.83%, while DWAT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
VCLN Virtus Duff & Phelps Clean Energy ETF	1.83%	2.01%	1.16%	1.14%	0.65%
DWAT Arrow DWA Tactical ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

VCLN vs. DWAT - Drawdown Comparison

The maximum VCLN drawdown since its inception was -45.66%, which is greater than DWAT's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VCLN and DWAT.

Drawdown Indicators

	VCLN	DWAT	Difference
Max Drawdown Largest peak-to-trough decline	-45.66%	0.00%	-45.66%
Max Drawdown (1Y) Largest decline over 1 year	-12.58%	—	—
Current Drawdown Current decline from peak	-5.48%	0.00%	-5.48%
Average Drawdown Average peak-to-trough decline	-24.93%	0.00%	-24.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.40%	—	—

Volatility

Volatility by Period

	VCLN	DWAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.99%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	29.85%	0.00%	+29.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.35%	0.00%	+27.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.35%	0.00%	+27.35%