GNG.AX vs. IBKR

Last updated Jun 4, 2026

GNG.AX (GR Engineering Services Limited) and IBKR (Interactive Brokers Group, Inc.) are both stocks. GNG.AX operates in Engineering & Construction (Industrials), while IBKR operates in Capital Markets (Financial Services). Over the past 10 years, GNG.AX returned 28.78%/yr vs 25.69%/yr for IBKR. At a 0.03 correlation, their price movements are largely independent.

Performance

GNG.AX vs. IBKR - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in GR Engineering Services Limited (GNG.AX) and Interactive Brokers Group, Inc. (IBKR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

GNG.AX is traded in AUD, while IBKR is traded in USD. To make them comparable, the IBKR values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GNG.AX achieves a 39.25% return, which is significantly higher than IBKR's 27.11% return. Over the past 10 years, GNG.AX has outperformed IBKR with an annualized return of 28.78%, while IBKR has yielded a comparatively lower 25.69% annualized return.

GNG.AX

• 1D: -0.66%
• 1M: 30.11%
• YTD: 39.25%
• 6M: 45.80%
• 1Y: 125.15%
• 3Y*: 56.17%
• 5Y*: 44.91%
• 10Y*: 28.78%

IBKR

• 1D: -1.31%
• 1M: 7.33%
• YTD: 27.11%
• 6M: 24.49%
• 1Y: 52.76%
• 3Y*: 59.76%
• 5Y*: 41.65%
• 10Y*: 25.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GNG.AX vs. IBKR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GNG.AX GR Engineering Services Limited	39.25%	91.42%	22.04%	18.42%	5.73%	85.30%	61.96%	-20.65%	-19.94%	9.79%
IBKR Interactive Brokers Group, Inc.	27.11%	35.75%	136.01%	15.22%	-2.30%	38.80%	20.15%	-13.61%	2.83%	51.28%

Correlation

The correlation between GNG.AX and IBKR is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Apr 20, 2011	0.03

Return for Risk

GNG.AX vs. IBKR — Risk / Return Rank

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

GNG.AX

GNG.AX Risk / Return Rank: 91
GNG.AX Sharpe Ratio Rank: 93
GNG.AX Sortino Ratio Rank: 89
GNG.AX Omega Ratio Rank: 90
GNG.AX Calmar Ratio Rank: 91
GNG.AX Martin Ratio Rank: 90

IBKR

IBKR Risk / Return Rank: 83
IBKR Sharpe Ratio Rank: 86
IBKR Sortino Ratio Rank: 81
IBKR Omega Ratio Rank: 79
IBKR Calmar Ratio Rank: 86
IBKR Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GNG.AX vs. IBKR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GR Engineering Services Limited (GNG.AX) and Interactive Brokers Group, Inc. (IBKR). 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.

	GNG.AX	IBKR	Difference
Sharpe ratio: Return per unit of total volatility	2.77	1.51	+1.26
Sortino ratio: Return per unit of downside risk	3.09	2.09	+1.00
Omega ratio: Gain probability vs. loss probability	1.43	1.26	+0.17
Calmar ratio: Return relative to maximum drawdown	4.85	3.03	+1.82
Martin ratio: Return relative to average drawdown	12.33	6.76	+5.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GNG.AX vs. IBKR - Sharpe Ratio Comparison

The current GNG.AX Sharpe Ratio is 2.77, which is higher than the IBKR Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of GNG.AX and IBKR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GNG.AX	IBKR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.77	1.51	+1.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.25	1.25	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.79	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.52	-0.16

Drawdowns

GNG.AX vs. IBKR - Drawdown Comparison

The maximum GNG.AX drawdown since its inception was -80.31%, which is greater than IBKR's maximum drawdown of -63.68%. Use the drawdown chart below to compare losses from any high point for GNG.AX and IBKR.

Drawdown Indicators

	GNG.AX	IBKR	Difference
Max Drawdown Largest peak-to-trough decline	-80.31%	-63.68%	-16.63%
Max Drawdown (1Y) Largest decline over 1 year	-25.53%	-17.51%	-8.02%
Max Drawdown (3Y) Largest decline over 3 years	-25.68%	-35.53%	+9.85%
Max Drawdown (5Y) Largest decline over 5 years	-25.68%	-35.53%	+9.85%
Max Drawdown (10Y) Largest decline over 10 years	-61.78%	-45.05%	-16.73%
Current Drawdown Current decline from peak	-0.66%	-1.31%	+0.65%
Average Drawdown Average peak-to-trough decline	-29.90%	-24.69%	-5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.07%	7.83%	+2.24%

Volatility

GNG.AX vs. IBKR - Volatility Comparison

GR Engineering Services Limited (GNG.AX) has a higher volatility of 10.96% compared to Interactive Brokers Group, Inc. (IBKR) at 10.02%. This indicates that GNG.AX's price experiences larger fluctuations and is considered to be riskier than IBKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GNG.AX	IBKR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.96%	10.02%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	33.92%	24.85%	+9.07%
Volatility (1Y) Calculated over the trailing 1-year period	44.70%	35.16%	+9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.79%	33.58%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.70%	32.65%	+8.05%

Dividends

GNG.AX vs. IBKR - Dividend Comparison

GNG.AX's dividend yield for the trailing twelve months is around 3.97%, more than IBKR's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GNG.AX GR Engineering Services Limited	3.97%	4.94%	7.69%	8.56%	9.31%	5.71%	4.92%	7.50%	10.28%	3.47%	7.38%	12.18%
IBKR Interactive Brokers Group, Inc.	0.38%	0.47%	0.48%	0.48%	0.55%	0.50%	0.66%	0.86%	0.73%	0.68%	1.10%	0.92%

Financials

Frequently Asked Questions

Can I hold both GNG.AX and IBKR in my portfolio?

GNG.AX and IBKR have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.