XDG7.DE vs. ICLN
XDG7.DE (Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF 1C) and ICLN (iShares Global Clean Energy ETF) are both exchange-traded funds - XDG7.DE is a Energy Equities fund tracking the MSCI ACWI IMI SDG 7 Affordable and Clean Energy Select, while ICLN is a Alternative Energy Equities fund tracking the S&P Global Clean Energy Index. Both are passively managed. Over the past 3 years, XDG7.DE returned 4.63%/yr vs 3.57%/yr for ICLN. A 0.72 correlation means they provide meaningful diversification when combined. XDG7.DE charges 0.35%/yr vs 0.39%/yr for ICLN.
Performance
XDG7.DE vs. ICLN - Performance Comparison
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Different Trading Currencies
XDG7.DE is traded in EUR, while ICLN is traded in USD. To make them comparable, the ICLN values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XDG7.DE achieves a 34.27% return, which is significantly higher than ICLN's 32.31% return.
XDG7.DE
- 1D
- -2.33%
- 1M
- 2.75%
- YTD
- 34.27%
- 6M
- 33.93%
- 1Y
- 72.40%
- 3Y*
- 4.63%
- 5Y*
- —
- 10Y*
- —
ICLN
- 1D
- -6.97%
- 1M
- 1.97%
- YTD
- 32.31%
- 6M
- 28.70%
- 1Y
- 67.86%
- 3Y*
- 3.57%
- 5Y*
- 1.58%
- 10Y*
- 10.68%
XDG7.DE vs. ICLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XDG7.DE Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF 1C | 34.27% | 23.57% | -15.19% | -25.56% |
ICLN iShares Global Clean Energy ETF | 32.31% | 29.60% | -20.81% | -22.32% |
Correlation
The correlation between XDG7.DE and ICLN is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2023 | 0.72 |
The correlation between XDG7.DE and ICLN has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.
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Return for Risk
XDG7.DE vs. ICLN — Risk / Return Rank
XDG7.DE
ICLN
XDG7.DE vs. ICLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF 1C (XDG7.DE) and iShares Global Clean Energy ETF (ICLN). 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.
| XDG7.DE | ICLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.41 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 4.19 | 5.34 | -1.15 |
| Martin ratioReturn relative to average drawdown | 10.86 | 16.25 | -5.39 |
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
| XDG7.DE | ICLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.58 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.06 | -0.04 | +0.10 |
Drawdowns
XDG7.DE vs. ICLN - Drawdown Comparison
The maximum XDG7.DE drawdown since its inception was -48.68%, smaller than the maximum ICLN drawdown of -84.40%. Use the drawdown chart below to compare losses from any high point for XDG7.DE and ICLN.
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Drawdown Indicators
| XDG7.DE | ICLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.68% | -84.40% | +35.72% |
Max Drawdown (1Y)Largest decline over 1 year | -17.21% | -12.78% | -4.43% |
Max Drawdown (3Y)Largest decline over 3 years | -43.66% | -43.19% | -0.47% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.76% | — |
Current DrawdownCurrent decline from peak | -2.95% | -27.17% | +24.22% |
Average DrawdownAverage peak-to-trough decline | -26.59% | -58.03% | +31.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.64% | 4.19% | +2.45% |
Volatility
XDG7.DE vs. ICLN - Volatility Comparison
The current volatility for Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF 1C (XDG7.DE) is 7.88%, while iShares Global Clean Energy ETF (ICLN) has a volatility of 11.72%. This indicates that XDG7.DE experiences smaller price fluctuations and is considered to be less risky than ICLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XDG7.DE | ICLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.88% | 11.72% | -3.84% |
Volatility (6M)Calculated over the trailing 6-month period | 13.49% | 20.80% | -7.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.00% | 26.41% | +3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.08% | 25.88% | -1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.08% | 26.52% | -2.44% |
XDG7.DE vs. ICLN - Expense Ratio Comparison
XDG7.DE has a 0.35% expense ratio, which is lower than ICLN's 0.39% expense ratio.
Dividends
XDG7.DE vs. ICLN - Dividend Comparison
XDG7.DE has not paid dividends to shareholders, while ICLN's dividend yield for the trailing twelve months is around 1.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICLN iShares Global Clean Energy ETF | 1.26% | 1.63% | 1.85% | 1.59% | 0.89% | 1.18% | 0.34% | 1.36% | 2.77% | 2.49% | 3.88% | 2.36% |
XDG7.DE Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XDG7.DE and ICLN have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDG7.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDG7.DE is cheaper with a 0.35% expense ratio, compared with 0.39% for ICLN.
XDG7.DE is categorized as Energy Equities, while ICLN is Alternative Energy Equities. XDG7.DE tracks MSCI ACWI IMI SDG 7 Affordable and Clean Energy Select, while ICLN tracks S&P Global Clean Energy Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.35% for XDG7.DE and 0.39% for ICLN.
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