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Goehring & Rozencwajg Resources Fund (GRHIX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US38035R2085
CUSIP
38035R208
Inception Date
Dec 29, 2016
Min. Investment
$100,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Goehring & Rozencwajg Resources Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Goehring & Rozencwajg Resources Fund (GRHIX) has returned 19.81% so far this year and 88.42% over the past 12 months.


Goehring & Rozencwajg Resources Fund

1D
-1.67%
1M
-4.66%
YTD
19.81%
6M
30.25%
1Y
88.42%
3Y*
30.35%
5Y*
26.90%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 3, 2017, GRHIX's average daily return is +0.06%, while the average monthly return is +1.33%. At this rate, your investment would double in approximately 4.4 years.

Historically, 58% of months were positive and 42% were negative. The best month was Apr 2020 with a return of +33.4%, while the worst month was Mar 2020 at -28.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GRHIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +11.4%, while the worst single day was Mar 9, 2020 at -17.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202614.92%9.35%-4.66%19.81%
20253.26%-5.62%5.47%-1.93%10.42%10.22%-1.43%6.71%15.23%0.70%3.56%4.26%61.65%
2024-1.81%-2.15%7.86%1.38%7.05%-8.66%0.37%-4.84%3.62%2.15%3.93%-8.75%-1.51%
20237.76%-3.40%-3.52%0.08%-6.70%9.82%10.43%1.57%1.03%-2.78%1.65%1.09%16.61%
20222.94%11.62%15.70%-2.88%3.34%-20.87%13.74%3.51%-12.22%12.67%2.79%-7.91%16.38%
20214.15%19.79%2.22%5.19%12.27%2.25%-8.29%-0.44%13.24%9.86%-7.92%0.67%62.15%

Benchmark Metrics

Goehring & Rozencwajg Resources Fund has an annualized alpha of 3.27%, beta of 0.97, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.

  • This fund captured 108.57% of S&P 500 Index gains and 108.33% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.36 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
3.27%
Beta
0.97
0.36
Upside Capture
108.57%
Downside Capture
108.33%

Expense Ratio

GRHIX has an expense ratio of 0.92%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GRHIX ranks 97 for risk / return — in the top 97% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


GRHIX Risk / Return Rank: 9797
Overall Rank
GRHIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
GRHIX Sortino Ratio Rank: 9696
Sortino Ratio Rank
GRHIX Omega Ratio Rank: 9494
Omega Ratio Rank
GRHIX Calmar Ratio Rank: 9898
Calmar Ratio Rank
GRHIX Martin Ratio Rank: 9898
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Goehring & Rozencwajg Resources Fund (GRHIX) and compare them to a chosen benchmark (S&P 500 Index).


GRHIXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

3.04

0.90

+2.14

Sortino ratio

Return per unit of downside risk

3.41

1.39

+2.03

Omega ratio

Gain probability vs. loss probability

1.49

1.21

+0.28

Calmar ratio

Return relative to maximum drawdown

5.33

1.40

+3.94

Martin ratio

Return relative to average drawdown

19.81

6.61

+13.21

Explore GRHIX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Goehring & Rozencwajg Resources Fund provided a 2.83% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 3 consecutive years.


1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.70201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.67$0.67$0.51$0.42$0.14$0.33$0.13$0.04$0.08$0.05

Dividend yield

2.83%3.39%4.02%3.19%1.21%3.25%2.03%0.57%1.18%0.51%

Monthly Dividends

The table displays the monthly dividend distributions for Goehring & Rozencwajg Resources Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.67$0.67
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.51$0.51
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.33$0.33

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Goehring & Rozencwajg Resources Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Goehring & Rozencwajg Resources Fund was 70.61%, occurring on Mar 18, 2020. Recovery took 385 trading sessions.

The current Goehring & Rozencwajg Resources Fund drawdown is 5.24%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-70.61%Feb 15, 2017777Mar 18, 2020385Sep 27, 20211162
-31.47%Apr 19, 202254Jul 6, 2022438Apr 3, 2024492
-25.32%May 21, 2024221Apr 8, 202541Jun 6, 2025262
-17.06%Oct 26, 202139Dec 20, 202147Feb 28, 202286
-10.57%Oct 16, 202527Nov 21, 20258Dec 4, 202535

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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