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 |
| Index Tracked | Barclays Global Carbon II Index |
| Asset Class | Commodity |
Expense Ratio
The iPath Series B Carbon ETN has a high expense ratio of 0.75%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: GRN vs. KRBN, GRN vs. QQQ, GRN vs. XLE, GRN vs. VOO
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 -15.25% year-to-date (YTD) and -23.07% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -15.25% | 6.33% |
| 1 month | 3.83% | -2.81% |
| 6 months | -18.32% | 21.13% |
| 1 year | -23.07% | 24.56% |
| 5 years (annualized) | N/A | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -19.36% | -11.37% | 10.04% | |||||||||
| 2023 | -5.08% | -2.11% | -11.14% | 8.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
iPath Series B Carbon ETN(GRN)
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.
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 76.77%.
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 16.88%, 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.