VCLN vs. VPC

Last updated Jun 24, 2026

VCLN (Virtus Duff & Phelps Clean Energy ETF) and VPC (Virtus Private Credit ETF) are both exchange-traded funds - VCLN is a Sustainable fund actively managed by Virtus Investment Partners, while VPC is a Nontraditional Bonds fund tracking the Indxx Private Credit Index. VCLN is actively managed, while VPC is passively managed. Over the past 3 years, VCLN returned 17.94%/yr vs 1.19%/yr for VPC. At a 0.42 correlation, their price movements are largely independent. VCLN charges 0.59%/yr vs 0.75%/yr for VPC.

Performance

VCLN vs. VPC - Performance Comparison

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

Returns By Period

In the year-to-date period, VCLN achieves a 25.35% return, which is significantly higher than VPC's -12.79% return.

VCLN

• 1D: -3.36%
• 1M: -6.42%
• YTD: 25.35%
• 6M: 23.25%
• 1Y: 72.58%
• 3Y*: 17.94%
• 5Y*: —
• 10Y*: —

VPC

• 1D: 0.41%
• 1M: -3.76%
• YTD: -12.79%
• 6M: -11.42%
• 1Y: -15.79%
• 3Y*: 1.19%
• 5Y*: 0.39%
• 10Y*: —

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

VCLN vs. VPC - 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%
VPC Virtus Private Credit ETF	-12.79%	-6.75%	10.52%	22.20%	-11.70%	5.71%

Correlation

The correlation between VCLN and VPC is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021	0.42

Over the past year, the correlation between VCLN and VPC has dropped to 0.19 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

Return for Risk

VCLN vs. VPC — Risk / Return Rank

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

VCLN

VCLN Risk / Return Rank: 81
VCLN Sharpe Ratio Rank: 81
VCLN Sortino Ratio Rank: 75
VCLN Omega Ratio Rank: 70
VCLN Calmar Ratio Rank: 89
VCLN Martin Ratio Rank: 89

VPC

VPC Risk / Return Rank: 2
VPC Sharpe Ratio Rank: 1
VPC Sortino Ratio Rank: 1
VPC Omega Ratio Rank: 1
VPC Calmar Ratio Rank: 3
VPC Martin Ratio Rank: 2

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. VPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Duff & Phelps Clean Energy ETF (VCLN) and Virtus Private Credit ETF (VPC). 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	VPC	Difference
Sharpe ratio: Return per unit of total volatility	2.41	-1.18	+3.59
Sortino ratio: Return per unit of downside risk	3.11	-1.61	+4.72
Omega ratio: Gain probability vs. loss probability	1.39	0.82	+0.57
Calmar ratio: Return relative to maximum drawdown	5.05	-0.70	+5.75
Martin ratio: Return relative to average drawdown	18.41	-1.30	+19.71

VCLN vs. VPC - Sharpe Ratio Comparison

The current VCLN Sharpe Ratio is 2.41, which is higher than the VPC Sharpe Ratio of -1.18. The chart below compares the historical Sharpe Ratios of VCLN and VPC, 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. VPC - Drawdown Comparison

The maximum VCLN drawdown since its inception was -45.66%, smaller than the maximum VPC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for VCLN and VPC.

Drawdown Indicators

	VCLN	VPC	Difference
Max Drawdown Largest peak-to-trough decline	-45.66%	-53.45%	+7.79%
Max Drawdown (1Y) Largest decline over 1 year	-14.45%	-22.76%	+8.31%
Max Drawdown (3Y) Largest decline over 3 years	-29.25%	-24.86%	-4.39%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.86%	—
Current Drawdown Current decline from peak	-10.96%	-22.76%	+11.80%
Average Drawdown Average peak-to-trough decline	-23.91%	-7.76%	-16.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.95%	12.20%	-8.25%

Volatility

VCLN vs. VPC - Volatility Comparison

Virtus Duff & Phelps Clean Energy ETF (VCLN) has a higher volatility of 11.33% compared to Virtus Private Credit ETF (VPC) at 4.19%. This indicates that VCLN's price experiences larger fluctuations and is considered to be riskier than VPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VCLN	VPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.33%	4.19%	+7.14%
Volatility (6M) Calculated over the trailing 6-month period	21.41%	11.26%	+10.15%
Volatility (1Y) Calculated over the trailing 1-year period	30.43%	13.50%	+16.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.65%	13.56%	+14.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.65%	20.52%	+7.13%

VCLN vs. VPC - Expense Ratio Comparison

VCLN has a 0.59% expense ratio, which is lower than VPC's 0.75% expense ratio.

Dividends

VCLN vs. VPC - Dividend Comparison

VCLN's dividend yield for the trailing twelve months is around 1.67%, less than VPC's 16.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
VCLN Virtus Duff & Phelps Clean Energy ETF	1.67%	2.01%	1.16%	1.14%	0.65%	0.00%	0.00%	0.00%
VPC Virtus Private Credit ETF	16.70%	14.33%	11.26%	11.71%	10.74%	6.31%	10.06%	8.19%

Frequently Asked Questions

Can I hold both VCLN and VPC in my portfolio?

VCLN and VPC have a correlation of 0.19, 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 VPC?

VCLN has higher volatility (11.33%) compared to VPC (4.19%). In terms of maximum drawdown, VCLN dropped -45.66% vs VPC's -53.45%.

Which ETF is better, VCLN or VPC?

On 3-year performance, VCLN leads with 17.94% vs 1.19% for VPC. On fees, VCLN is cheaper at 0.59% per year. On volatility, VPC has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VCLN or VPC?

Over the 3-year period, VCLN has performed better with a 17.94% return vs 1.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VCLN or VPC?

VCLN is cheaper with a 0.59% expense ratio, compared with 0.75% for VPC.

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

VPC has the higher dividend yield at 16.70%, compared with 1.67% for VCLN.

What is the main difference between VCLN and VPC?

VCLN is categorized as Sustainable, while VPC is Nontraditional Bonds. Their fees differ too: 0.59% for VCLN and 0.75% for VPC.

Which has better risk-adjusted returns?

VCLN currently has the higher Sharpe Ratio (2.41 vs -1.18), 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.