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

Correlation

The correlation between GMRE and FTBFX is 0.13, 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.


-0.50.00.51.00.1

Performance

GMRE vs. FTBFX - Performance Comparison

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

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
55.77%
14.96%
GMRE
FTBFX

Key characteristics

Sharpe Ratio

GMRE:

-0.74

FTBFX:

0.55

Sortino Ratio

GMRE:

-0.91

FTBFX:

0.81

Omega Ratio

GMRE:

0.89

FTBFX:

1.10

Calmar Ratio

GMRE:

-0.39

FTBFX:

0.27

Martin Ratio

GMRE:

-1.08

FTBFX:

1.80

Ulcer Index

GMRE:

17.20%

FTBFX:

1.62%

Daily Std Dev

GMRE:

25.14%

FTBFX:

5.29%

Max Drawdown

GMRE:

-58.92%

FTBFX:

-18.19%

Current Drawdown

GMRE:

-44.32%

FTBFX:

-5.97%

Returns By Period

In the year-to-date period, GMRE achieves a -21.73% return, which is significantly lower than FTBFX's 2.69% return.


GMRE

YTD

-21.73%

1M

-5.36%

6M

-7.98%

1Y

-20.48%

5Y*

-2.27%

10Y*

N/A

FTBFX

YTD

2.69%

1M

-0.42%

6M

1.29%

1Y

3.16%

5Y*

0.37%

10Y*

1.97%

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Risk-Adjusted Performance

GMRE vs. FTBFX - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for GMRE, currently valued at -0.93, compared to the broader market-4.00-2.000.002.00-0.930.55
The chart of Sortino ratio for GMRE, currently valued at -1.21, compared to the broader market-4.00-2.000.002.004.00-1.210.81
The chart of Omega ratio for GMRE, currently valued at 0.86, compared to the broader market0.501.001.502.000.861.10
The chart of Calmar ratio for GMRE, currently valued at -0.49, compared to the broader market0.002.004.006.00-0.490.27
The chart of Martin ratio for GMRE, currently valued at -1.34, compared to the broader market0.0010.0020.00-1.341.80
GMRE
FTBFX

The current GMRE Sharpe Ratio is -0.74, which is lower than the FTBFX Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of GMRE and FTBFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.93
0.55
GMRE
FTBFX

Dividends

GMRE vs. FTBFX - Dividend Comparison

GMRE's dividend yield for the trailing twelve months is around 10.34%, more than FTBFX's 4.29% yield.


TTM20232022202120202019201820172016201520142013
GMRE
Global Medical REIT Inc.
10.34%7.57%8.86%4.62%6.13%6.05%9.00%9.76%4.48%0.00%0.00%0.00%
FTBFX
Fidelity Total Bond Fund
4.29%4.15%3.34%2.19%2.53%2.95%3.19%2.74%2.95%3.71%2.99%3.91%

Drawdowns

GMRE vs. FTBFX - Drawdown Comparison

The maximum GMRE drawdown since its inception was -58.92%, which is greater than FTBFX's maximum drawdown of -18.19%. Use the drawdown chart below to compare losses from any high point for GMRE and FTBFX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-44.32%
-5.97%
GMRE
FTBFX

Volatility

GMRE vs. FTBFX - Volatility Comparison

Global Medical REIT Inc. (GMRE) has a higher volatility of 5.56% compared to Fidelity Total Bond Fund (FTBFX) at 1.51%. This indicates that GMRE's price experiences larger fluctuations and is considered to be riskier than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.56%
1.51%
GMRE
FTBFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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