XCLN.TO vs. CYBR.TO
XCLN.TO (iShares Global Clean Energy Index ETF) and CYBR.TO (Evolve Cyber Security Index Fund - Hedged Units) are both exchange-traded funds - XCLN.TO is a Alternative Energy Equities fund tracking the S&P Global Clean Energy Index, while CYBR.TO is a fund fund. Over the past 3 years, XCLN.TO returned 8.97%/yr vs 25.26%/yr for CYBR.TO. At a 0.17 correlation, their price movements are largely independent.
Performance
XCLN.TO vs. CYBR.TO - Performance Comparison
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Returns By Period
In the year-to-date period, XCLN.TO achieves a 43.07% return, which is significantly higher than CYBR.TO's 35.74% return.
XCLN.TO
- 1D
- -0.93%
- 1M
- 14.72%
- YTD
- 43.07%
- 6M
- 37.48%
- 1Y
- 84.30%
- 3Y*
- 8.97%
- 5Y*
- —
- 10Y*
- —
CYBR.TO
- 1D
- -3.36%
- 1M
- 30.12%
- YTD
- 35.74%
- 6M
- 27.94%
- 1Y
- 24.21%
- 3Y*
- 25.26%
- 5Y*
- 9.43%
- 10Y*
- —
XCLN.TO vs. CYBR.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XCLN.TO iShares Global Clean Energy Index ETF | 43.07% | 37.41% | -19.86% | -21.98% | 13.22% |
CYBR.TO Evolve Cyber Security Index Fund - Hedged Units | 35.74% | 2.14% | 13.45% | 44.51% | -27.24% |
Correlation
The correlation between XCLN.TO and CYBR.TO 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 | 0.18 |
Correlation (All Time) Calculated using the full available price history since May 3, 2022 | 0.17 |
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Return for Risk
XCLN.TO vs. CYBR.TO — Risk / Return Rank
XCLN.TO
CYBR.TO
XCLN.TO vs. CYBR.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Clean Energy Index ETF (XCLN.TO) and Evolve Cyber Security Index Fund - Hedged Units (CYBR.TO). 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.
| XCLN.TO | CYBR.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +2.47 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.17 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 7.00 | 0.87 | +6.14 |
| Martin ratioReturn relative to average drawdown | 19.91 | 1.84 | +18.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XCLN.TO | CYBR.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.15 | 0.86 | +2.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.34 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.58 | -0.25 |
Drawdowns
XCLN.TO vs. CYBR.TO - Drawdown Comparison
The maximum XCLN.TO drawdown since its inception was -49.29%, which is greater than CYBR.TO's maximum drawdown of -44.40%. Use the drawdown chart below to compare losses from any high point for XCLN.TO and CYBR.TO.
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Drawdown Indicators
| XCLN.TO | CYBR.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.29% | -44.40% | -4.89% |
Max Drawdown (1Y)Largest decline over 1 year | -12.10% | -28.10% | +16.00% |
Max Drawdown (3Y)Largest decline over 3 years | -39.31% | -28.10% | -11.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.40% | — |
Current DrawdownCurrent decline from peak | -0.98% | -4.12% | +3.14% |
Average DrawdownAverage peak-to-trough decline | -25.54% | -12.93% | -12.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.25% | 13.19% | -8.94% |
Volatility
XCLN.TO vs. CYBR.TO - Volatility Comparison
The current volatility for iShares Global Clean Energy Index ETF (XCLN.TO) is 10.50%, while Evolve Cyber Security Index Fund - Hedged Units (CYBR.TO) has a volatility of 12.24%. This indicates that XCLN.TO experiences smaller price fluctuations and is considered to be less risky than CYBR.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCLN.TO | CYBR.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.50% | 12.24% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 20.24% | 24.55% | -4.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.95% | 28.30% | -1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.50% | 27.60% | -2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.50% | 26.69% | -1.19% |
Dividends
XCLN.TO vs. CYBR.TO - Dividend Comparison
XCLN.TO's dividend yield for the trailing twelve months is around 1.04%, more than CYBR.TO's 0.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CYBR.TO Evolve Cyber Security Index Fund - Hedged Units | 0.17% | 0.23% | 0.24% | 0.27% | 0.39% | 0.26% | 0.38% | 0.64% | 0.79% |
XCLN.TO iShares Global Clean Energy Index ETF | 1.04% | 1.49% | 1.24% | 1.15% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XCLN.TO and CYBR.TO 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.
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