VCLN vs. NZAC
VCLN (Virtus Duff & Phelps Clean Energy ETF) and NZAC (SPDR MSCI ACWI Climate Paris Aligned ETF) are both exchange-traded funds - VCLN is a Sustainable fund actively managed by Virtus Investment Partners, while NZAC is a Global Equities fund tracking the MSCI ACWI Climate Paris Aligned Index. VCLN is actively managed, while NZAC is passively managed. Over the past 3 years, VCLN returned 17.94%/yr vs 17.81%/yr for NZAC. A 0.62 correlation means they provide meaningful diversification when combined. VCLN charges 0.59%/yr vs 0.12%/yr for NZAC.
Performance
VCLN vs. NZAC - Performance Comparison
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Returns By Period
In the year-to-date period, VCLN achieves a 25.35% return, which is significantly higher than NZAC's 6.02% return.
VCLN
- 1D
- -3.36%
- 1M
- -6.42%
- YTD
- 25.35%
- 6M
- 23.25%
- 1Y
- 72.58%
- 3Y*
- 17.94%
- 5Y*
- —
- 10Y*
- —
NZAC
- 1D
- -1.70%
- 1M
- -1.26%
- YTD
- 6.02%
- 6M
- 5.37%
- 1Y
- 20.66%
- 3Y*
- 17.81%
- 5Y*
- 9.25%
- 10Y*
- 12.17%
VCLN vs. NZAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
VCLN Virtus Duff & Phelps Clean Energy ETF | 25.35% | 55.75% | -6.69% | -17.54% | -7.87% | -5.21% |
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF | 6.02% | 20.55% | 16.67% | 23.22% | -19.77% | 3.84% |
Correlation
The correlation between VCLN and NZAC is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021 | 0.62 |
The correlation between VCLN and NZAC shifts across timeframes, from 0.50 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VCLN vs. NZAC — Risk / Return Rank
VCLN
NZAC
VCLN vs. NZAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Clean Energy ETF (VCLN) and SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC). 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 | NZAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.27 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 2.05 | +3.00 |
| Martin ratioReturn relative to average drawdown | 18.41 | 8.63 | +9.78 |
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Drawdowns
VCLN vs. NZAC - Drawdown Comparison
The maximum VCLN drawdown since its inception was -45.66%, which is greater than NZAC's maximum drawdown of -33.72%. Use the drawdown chart below to compare losses from any high point for VCLN and NZAC.
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Drawdown Indicators
| VCLN | NZAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.66% | -33.72% | -11.94% |
Max Drawdown (1Y)Largest decline over 1 year | -14.45% | -10.10% | -4.35% |
Max Drawdown (3Y)Largest decline over 3 years | -29.25% | -16.19% | -13.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -10.96% | -3.38% | -7.58% |
Average DrawdownAverage peak-to-trough decline | -23.91% | -5.31% | -18.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 2.40% | +1.55% |
Volatility
VCLN vs. NZAC - Volatility Comparison
Virtus Duff & Phelps Clean Energy ETF (VCLN) has a higher volatility of 11.33% compared to SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) at 5.41%. This indicates that VCLN's price experiences larger fluctuations and is considered to be riskier than NZAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VCLN | NZAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.33% | 5.41% | +5.92% |
Volatility (6M)Calculated over the trailing 6-month period | 21.41% | 11.34% | +10.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.43% | 13.73% | +16.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.65% | 16.94% | +10.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.65% | 17.13% | +10.52% |
VCLN vs. NZAC - Expense Ratio Comparison
VCLN has a 0.59% expense ratio, which is higher than NZAC's 0.12% expense ratio.
Dividends
VCLN vs. NZAC - Dividend Comparison
VCLN's dividend yield for the trailing twelve months is around 1.67%, less than NZAC's 2.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF | 2.09% | 1.90% | 1.88% | 1.65% | 1.81% | 1.62% | 1.59% | 2.17% | 2.53% | 2.20% | 2.00% | 2.40% |
VCLN Virtus Duff & Phelps Clean Energy ETF | 1.67% | 2.01% | 1.16% | 1.14% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VCLN and NZAC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VCLN has higher volatility (11.33%) compared to NZAC (5.41%). In terms of maximum drawdown, VCLN dropped -45.66% vs NZAC's -33.72%.
On 3-year performance, VCLN leads with 17.94% vs 17.81% for NZAC. On fees, NZAC is cheaper at 0.12% per year. On volatility, NZAC has been the lower-risk option at 5.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VCLN has performed better with a 17.94% return vs 17.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NZAC is cheaper with a 0.12% expense ratio, compared with 0.59% for VCLN.
NZAC has the higher dividend yield at 2.09%, compared with 1.67% for VCLN.
VCLN is categorized as Sustainable, while NZAC is Global Equities. They also come from different issuers: Virtus Investment Partners and State Street. Their fees differ too: 0.59% for VCLN and 0.12% for NZAC.
VCLN currently has the higher Sharpe Ratio (2.41 vs 1.52), 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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