IQQH vs. RENW - ETF Comparison
IQQH - iShares Global Clean Energy UCITS ETF USD (Dist)
The iShares Global Clean Energy UCITS ETF USD (Dist) is an equity fund that tracks the S&P Global Clean Energy index, investing in the largest and most liquid clean energy stocks worldwide. The fund has a low expense ratio of 0.65% and distributes dividends semi-annually. With over 2,705 million euros in assets under management, it is a large and established fund that provides exposure to the global clean energy sector.
RENW - L&G Clean Energy UCITS ETF
The L&G Clean Energy UCITS ETF is an exchange-traded fund that tracks the Solactive Clean Energy index, providing exposure to companies worldwide operating in the clean energy sector. The fund adopts a long-only strategy and replicates the performance of the underlying index through full replication. With a total expense ratio of 0.49% per annum, the ETF accumulates and reinvests dividends.
IQQH | RENW | |
---|---|---|
Fund Name | iShares Global Clean Energy UCITS ETF USD (Dist) | L&G Clean Energy UCITS ETF |
Fund Provider | BlackRock | Legal & General |
Index | S&P Global Clean Energy | Solactive Clean Energy |
Asset Class | Equity | Equity |
Listing | EU-listed | EU-listed |
Expense Ratio | 0.65% | 0.49% |
Inception Date | 2007-07-06 | 2020-11-05 |
Number Of Holdings | 100 | 40 |
Currency | USD | USD |
Distribution Policy | Distributing | Accumulating |
Region | Global | Global |
Sector | Utilities | Utilities |
Sector Detail | Clean Energy | Clean Energy |
Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.