ETIDX vs. GLRY
Compare and contrast key facts about Eventide Dividend Opportunities Fund (ETIDX) and Inspire Faithward Mid Cap Momentum ESG ETF (GLRY).
ETIDX is managed by Eventide Funds. It was launched on Sep 29, 2017. GLRY is an actively managed fund by Inspire. It was launched on Dec 7, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETIDX or GLRY.
Key characteristics
| ETIDX | GLRY | |
|---|---|---|
| YTD Return | 25.17% | 21.30% |
| 1Y Return | 33.86% | 27.60% |
| 3Y Return (Ann) | 4.61% | 2.34% |
| Sharpe Ratio | 2.68 | 2.13 |
| Sortino Ratio | 3.68 | 2.89 |
| Omega Ratio | 1.44 | 1.37 |
| Calmar Ratio | 2.34 | 1.22 |
| Martin Ratio | 17.90 | 12.69 |
| Ulcer Index | 2.09% | 2.44% |
| Daily Std Dev | 14.00% | 14.54% |
| Max Drawdown | -34.12% | -40.60% |
| Current Drawdown | -0.74% | -3.32% |
Correlation
The correlation between ETIDX and GLRY is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ETIDX vs. GLRY - Performance Comparison
In the year-to-date period, ETIDX achieves a 25.17% return, which is significantly higher than GLRY's 21.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ETIDX vs. GLRY - Expense Ratio Comparison
ETIDX has a 0.95% expense ratio, which is higher than GLRY's 0.85% expense ratio.
Risk-Adjusted Performance
ETIDX vs. GLRY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide Dividend Opportunities Fund (ETIDX) and Inspire Faithward Mid Cap Momentum ESG ETF (GLRY). 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.
Dividends
ETIDX vs. GLRY - Dividend Comparison
ETIDX's dividend yield for the trailing twelve months is around 0.50%, less than GLRY's 0.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
ETIDX Eventide Dividend Opportunities Fund | 0.50% | 0.67% | 1.34% | 1.14% | 1.06% | 1.99% | 2.17% | 0.30% |
GLRY Inspire Faithward Mid Cap Momentum ESG ETF | 0.78% | 1.07% | 1.03% | 4.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ETIDX vs. GLRY - Drawdown Comparison
The maximum ETIDX drawdown since its inception was -34.12%, smaller than the maximum GLRY drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for ETIDX and GLRY. For additional features, visit the drawdowns tool.
Volatility
ETIDX vs. GLRY - Volatility Comparison
The current volatility for Eventide Dividend Opportunities Fund (ETIDX) is 3.92%, while Inspire Faithward Mid Cap Momentum ESG ETF (GLRY) has a volatility of 5.41%. This indicates that ETIDX experiences smaller price fluctuations and is considered to be less risky than GLRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.