GNK vs. NFLY
Compare and contrast key facts about Genco Shipping & Trading Limited (GNK) and YieldMax NFLX Option Income Strategy ETF (NFLY).
NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNK or NFLY.
Correlation
The correlation between GNK and NFLY is 0.11, 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
GNK vs. NFLY - Performance Comparison
Key characteristics
GNK:
-0.30
NFLY:
2.80
GNK:
-0.24
NFLY:
3.63
GNK:
0.97
NFLY:
1.52
GNK:
-0.09
NFLY:
6.51
GNK:
-0.41
NFLY:
20.07
GNK:
20.83%
NFLY:
3.23%
GNK:
28.51%
NFLY:
23.30%
GNK:
-98.25%
NFLY:
-21.45%
GNK:
-89.79%
NFLY:
-1.37%
Returns By Period
In the year-to-date period, GNK achieves a 6.53% return, which is significantly lower than NFLY's 12.32% return.
GNK
6.53%
3.27%
-11.61%
-9.12%
20.82%
-14.33%
NFLY
12.32%
15.40%
42.02%
64.18%
N/A
N/A
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Risk-Adjusted Performance
GNK vs. NFLY — Risk-Adjusted Performance Rank
GNK
NFLY
GNK vs. NFLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genco Shipping & Trading Limited (GNK) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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
GNK vs. NFLY - Dividend Comparison
GNK's dividend yield for the trailing twelve months is around 10.57%, less than NFLY's 46.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
GNK Genco Shipping & Trading Limited | 10.57% | 11.26% | 5.73% | 17.84% | 2.00% | 3.19% | 4.71% |
NFLY YieldMax NFLX Option Income Strategy ETF | 46.47% | 49.91% | 11.84% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GNK vs. NFLY - Drawdown Comparison
The maximum GNK drawdown since its inception was -98.25%, which is greater than NFLY's maximum drawdown of -21.45%. Use the drawdown chart below to compare losses from any high point for GNK and NFLY. For additional features, visit the drawdowns tool.
Volatility
GNK vs. NFLY - Volatility Comparison
Genco Shipping & Trading Limited (GNK) has a higher volatility of 8.18% compared to YieldMax NFLX Option Income Strategy ETF (NFLY) at 6.93%. This indicates that GNK's price experiences larger fluctuations and is considered to be riskier than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.