iPath Series B Carbon ETN (GRN)
GRN is a passive ETF by Barclays Capital tracking the investment results of the Barclays Global Carbon II Index. GRN launched on Sep 10, 2019 and has a 0.75% expense ratio.
ETF Info
| ISIN | US06747C3227 |
|---|---|
| CUSIP | 06747C322 |
| Issuer | Barclays Capital |
| Inception Date | Sep 10, 2019 |
| Category | Commodities |
| Leveraged | 1x |
| Index Tracked | Barclays Global Carbon II Index |
| Asset Class | Commodity |
Expense Ratio
GRN features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: GRN vs. KRBN, GRN vs. XLE, GRN vs. QQQ, GRN vs. VOO, GRN vs. XLRE, GRN vs. GRID
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iPath Series B Carbon ETN, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iPath Series B Carbon ETN had a return of -18.20% year-to-date (YTD) and -23.74% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -18.20% | 22.49% |
| 1 month | -0.20% | 3.72% |
| 6 months | -8.13% | 16.33% |
| 1 year | -23.74% | 33.60% |
| 5 years (annualized) | -13.52% | 14.41% |
| 10 years (annualized) | N/A | 11.99% |
Monthly Returns
The table below presents the monthly returns of GRN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -19.36% | -11.37% | 10.04% | 12.57% | 6.72% | -8.78% | 3.38% | 1.68% | -6.55% | -18.20% | |||
| 2023 | 13.62% | 7.15% | -7.24% | -5.12% | -6.34% | 11.12% | -2.74% | -0.44% | -5.08% | -2.11% | -11.14% | 8.79% | -2.99% |
| 2022 | 11.12% | -8.27% | -6.79% | 9.15% | 0.40% | 6.40% | -11.81% | 2.59% | -17.99% | 21.75% | 7.96% | -7.50% | -0.07% |
| 2021 | 1.94% | 12.91% | 13.62% | 16.29% | 5.07% | -77.96% | -6.56% | 13.48% | 1.42% | -4.82% | 29.15% | 6.18% | -50.56% |
| 2020 | -2.96% | -1.28% | -24.92% | 9.80% | 10.04% | 26.07% | -2.66% | 9.45% | -6.27% | -12.18% | 23.04% | 10.38% | 30.47% |
| 2019 | -7.89% | 3.93% | -1.52% | -2.85% | -8.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GRN is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iPath Series B Carbon ETN (GRN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the iPath Series B Carbon ETN. 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 iPath Series B Carbon ETN was 82.36%, occurring on Jul 22, 2021. The portfolio has not yet recovered.
The current iPath Series B Carbon ETN drawdown is 77.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -82.36% | May 17, 2021 | 47 | Jul 22, 2021 | — | — | — |
| -43.58% | Sep 17, 2019 | 127 | Mar 18, 2020 | 73 | Jul 1, 2020 | 200 |
| -24.66% | Sep 15, 2020 | 32 | Oct 28, 2020 | 30 | Dec 10, 2020 | 62 |
| -15.61% | Jul 7, 2020 | 15 | Jul 27, 2020 | 34 | Sep 14, 2020 | 49 |
| -9.03% | Jan 11, 2021 | 5 | Jan 15, 2021 | 11 | Feb 2, 2021 | 16 |
Volatility
Volatility Chart
The current iPath Series B Carbon ETN volatility is 9.18%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.