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GMRE vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GMRE and FSKAX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

GMRE vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global Medical REIT Inc. (GMRE) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GMRE:

-0.74

FSKAX:

0.56

Sortino Ratio

GMRE:

-0.98

FSKAX:

0.83

Omega Ratio

GMRE:

0.87

FSKAX:

1.12

Calmar Ratio

GMRE:

-0.42

FSKAX:

0.51

Martin Ratio

GMRE:

-1.73

FSKAX:

1.91

Ulcer Index

GMRE:

13.38%

FSKAX:

5.17%

Daily Std Dev

GMRE:

28.81%

FSKAX:

20.09%

Max Drawdown

GMRE:

-58.92%

FSKAX:

-35.01%

Current Drawdown

GMRE:

-55.25%

FSKAX:

-5.68%

Returns By Period

In the year-to-date period, GMRE achieves a -17.70% return, which is significantly lower than FSKAX's -1.30% return.


GMRE

YTD

-17.70%

1M

-19.17%

6M

-24.99%

1Y

-23.39%

3Y*

-13.64%

5Y*

-3.92%

10Y*

N/A

FSKAX

YTD

-1.30%

1M

6.00%

6M

-3.27%

1Y

10.36%

3Y*

14.93%

5Y*

15.55%

10Y*

11.96%

*Annualized

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Global Medical REIT Inc.

Fidelity Total Market Index Fund

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

GMRE vs. FSKAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GMRE
The Risk-Adjusted Performance Rank of GMRE is 1313
Overall Rank
The Sharpe Ratio Rank of GMRE is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of GMRE is 1313
Sortino Ratio Rank
The Omega Ratio Rank of GMRE is 1313
Omega Ratio Rank
The Calmar Ratio Rank of GMRE is 2525
Calmar Ratio Rank
The Martin Ratio Rank of GMRE is 22
Martin Ratio Rank

FSKAX
The Risk-Adjusted Performance Rank of FSKAX is 5555
Overall Rank
The Sharpe Ratio Rank of FSKAX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKAX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FSKAX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of FSKAX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FSKAX is 5656
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GMRE vs. FSKAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global Medical REIT Inc. (GMRE) and Fidelity Total Market Index Fund (FSKAX). 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.


The current GMRE Sharpe Ratio is -0.74, which is lower than the FSKAX Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of GMRE and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

GMRE vs. FSKAX - Dividend Comparison

GMRE's dividend yield for the trailing twelve months is around 13.55%, more than FSKAX's 1.11% yield.


TTM20242023202220212020201920182017201620152014
GMRE
Global Medical REIT Inc.
13.55%10.88%7.57%8.86%4.62%6.13%6.05%9.00%9.76%4.48%0.00%0.00%
FSKAX
Fidelity Total Market Index Fund
1.11%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.33%2.43%2.49%1.63%

Drawdowns

GMRE vs. FSKAX - Drawdown Comparison

The maximum GMRE drawdown since its inception was -58.92%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for GMRE and FSKAX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

GMRE vs. FSKAX - Volatility Comparison

Global Medical REIT Inc. (GMRE) has a higher volatility of 12.15% compared to Fidelity Total Market Index Fund (FSKAX) at 4.50%. This indicates that GMRE's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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