VCLN vs. EFFE

Last updated Jul 14, 2026

VCLN (Virtus Duff & Phelps Clean Energy ETF) and EFFE (Harbor Osmosis Emerging Markets Resource Efficient ETF) are both exchange-traded funds - VCLN is a Sustainable fund actively managed by Virtus Investment Partners, while EFFE is a Emerging Markets Diversified fund actively managed by Harbor. Both are actively managed. Over the past year, VCLN returned 48.20% vs 20.88% for EFFE. At a 0.49 correlation, their price movements are largely independent. VCLN charges 0.59%/yr vs 0.69%/yr for EFFE.

Performance

VCLN vs. EFFE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Duff & Phelps Clean Energy ETF (VCLN) and Harbor Osmosis Emerging Markets Resource Efficient ETF (EFFE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VCLN achieves a 13.17% return, which is significantly lower than EFFE's 14.42% return.

VCLN

• 1D: -2.57%
• 1M: -10.99%
• 6M: 7.84%
• YTD: 13.17%
• 1Y: 48.20%
• 3Y*: 12.22%
• 5Y*: —
• 10Y*: —

EFFE

• 1D: -3.28%
• 1M: -5.51%
• 6M: 10.72%
• YTD: 14.42%
• 1Y: 20.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VCLN vs. EFFE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VCLN Virtus Duff & Phelps Clean Energy ETF	13.17%	55.75%	0.42%
EFFE Harbor Osmosis Emerging Markets Resource Efficient ETF	14.42%	22.42%	-0.84%

Correlation

The correlation between VCLN and EFFE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Dec 19, 2024	0.49

Return for Risk

VCLN vs. EFFE — Risk / Return Rank

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

VCLN

VCLN Risk / Return Rank: 59
VCLN Sharpe Ratio Rank: 58
VCLN Sortino Ratio Rank: 58
VCLN Omega Ratio Rank: 53
VCLN Calmar Ratio Rank: 62
VCLN Martin Ratio Rank: 64

EFFE

EFFE Risk / Return Rank: 34
EFFE Sharpe Ratio Rank: 30
EFFE Sortino Ratio Rank: 29
EFFE Omega Ratio Rank: 33
EFFE Calmar Ratio Rank: 37
EFFE Martin Ratio Rank: 38

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. EFFE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Clean Energy ETF (VCLN) and Harbor Osmosis Emerging Markets Resource Efficient ETF (EFFE). 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.

	VCLN	EFFE	Difference
Sharpe ratio: Return per unit of total volatility	1.56	0.91	+0.65
Sortino ratio: Return per unit of downside risk	2.21	1.32	+0.89
Omega ratio: Gain probability vs. loss probability	1.27	1.18	+0.08
Calmar ratio: Return relative to maximum drawdown	2.47	1.53	+0.94
Martin ratio: Return relative to average drawdown	9.06	4.77	+4.29

VCLN vs. EFFE - Sharpe Ratio Comparison

The current VCLN Sharpe Ratio is 1.56, which is higher than the EFFE Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of VCLN and EFFE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VCLN vs. EFFE - Drawdown Comparison

The maximum VCLN drawdown since its inception was -45.66%, which is greater than EFFE's maximum drawdown of -13.75%. Use the drawdown chart below to compare losses from any high point for VCLN and EFFE.

Drawdown Indicators

	VCLN	EFFE	Difference
Max Drawdown Largest peak-to-trough decline	-45.66%	-13.75%	-31.91%
Max Drawdown (1Y) Largest decline over 1 year	-19.62%	-13.75%	-5.87%
Max Drawdown (3Y) Largest decline over 3 years	-29.25%	—	—
Current Drawdown Current decline from peak	-19.62%	-11.61%	-8.01%
Average Drawdown Average peak-to-trough decline	-23.82%	-2.37%	-21.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.33%	4.39%	+0.94%

Volatility

VCLN vs. EFFE - Volatility Comparison

Virtus Duff & Phelps Clean Energy ETF (VCLN) and Harbor Osmosis Emerging Markets Resource Efficient ETF (EFFE) have volatilities of 10.18% and 9.89%, 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.

Volatility by Period

	VCLN	EFFE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.18%	9.89%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	22.38%	21.21%	+1.17%
Volatility (1Y) Calculated over the trailing 1-year period	31.05%	23.11%	+7.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.74%	21.52%	+6.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.74%	21.52%	+6.22%

VCLN vs. EFFE - Expense Ratio Comparison

VCLN has a 0.59% expense ratio, which is lower than EFFE's 0.69% expense ratio.

Dividends

VCLN vs. EFFE - Dividend Comparison

VCLN's dividend yield for the trailing twelve months is around 1.85%, less than EFFE's 4.10% yield.

Position	TTM	2025	2024	2023	2022
EFFE Harbor Osmosis Emerging Markets Resource Efficient ETF	4.10%	4.69%	0.00%	0.00%	0.00%
VCLN Virtus Duff & Phelps Clean Energy ETF	1.85%	2.01%	1.16%	1.14%	0.65%

Frequently Asked Questions

Can I hold both VCLN and EFFE in my portfolio?

VCLN and EFFE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VCLN or EFFE?

VCLN has higher volatility (10.18%) compared to EFFE (9.89%). In terms of maximum drawdown, VCLN dropped -45.66% vs EFFE's -13.75%.

Which ETF is better, VCLN or EFFE?

On 1-year performance, VCLN leads with 48.20% vs 20.88% for EFFE. On fees, VCLN is cheaper at 0.59% per year. On volatility, EFFE has been the lower-risk option at 9.89%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VCLN or EFFE?

Over the 1-year period, VCLN has performed better with a 48.20% return vs 20.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VCLN or EFFE?

VCLN is cheaper with a 0.59% expense ratio, compared with 0.69% for EFFE.

Which ETF pays a higher dividend yield, VCLN or EFFE?

EFFE has the higher dividend yield at 4.10%, compared with 1.85% for VCLN.

What is the main difference between VCLN and EFFE?

VCLN is categorized as Sustainable, while EFFE is Emerging Markets Diversified. They also come from different issuers: Virtus Investment Partners and Harbor. Their fees differ too: 0.59% for VCLN and 0.69% for EFFE.

Which has better risk-adjusted returns?

VCLN currently has the higher Sharpe Ratio (1.56 vs 0.91), 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.