GNL vs. SRLN
Compare and contrast key facts about Global Net Lease, Inc. (GNL) and SPDR Blackstone Senior Loan ETF (SRLN).
SRLN is a passively managed fund by State Street that tracks the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. It was launched on Apr 3, 2013.
Performance
GNL vs. SRLN - Performance Comparison
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GNL vs. SRLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GNL Global Net Lease, Inc. | 12.50% | 32.44% | -15.34% | -8.95% | -7.46% | -2.35% | -6.07% | 26.16% | -4.53% | -4.22% |
SRLN SPDR Blackstone Senior Loan ETF | -1.39% | 6.77% | 8.43% | 11.62% | -5.30% | 4.49% | 3.13% | 10.03% | -0.66% | 3.39% |
Returns By Period
In the year-to-date period, GNL achieves a 12.50% return, which is significantly higher than SRLN's -1.39% return. Over the past 10 years, GNL has underperformed SRLN with an annualized return of 0.87%, while SRLN has yielded a comparatively higher 4.50% annualized return.
GNL
- 1D
- 1.18%
- 1M
- -2.17%
- YTD
- 12.50%
- 6M
- 21.08%
- 1Y
- 31.04%
- 3Y*
- 2.93%
- 5Y*
- -1.34%
- 10Y*
- 0.87%
SRLN
- 1D
- 0.20%
- 1M
- 1.56%
- YTD
- -1.39%
- 6M
- 0.39%
- 1Y
- 5.55%
- 3Y*
- 7.49%
- 5Y*
- 4.50%
- 10Y*
- 4.50%
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Return for Risk
GNL vs. SRLN — Risk / Return Rank
GNL
SRLN
GNL vs. SRLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Net Lease, Inc. (GNL) and SPDR Blackstone Senior Loan ETF (SRLN). 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.
| GNL | SRLN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.21 | 1.29 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.92 | 1.88 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.34 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.07 | 1.65 | +0.42 |
Martin ratioReturn relative to average drawdown | 5.98 | 5.85 | +0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GNL | SRLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 1.29 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | 1.16 | -1.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.03 | 0.75 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.68 | -0.65 |
Correlation
The correlation between GNL and SRLN is 0.29, 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.
Dividends
GNL vs. SRLN - Dividend Comparison
GNL's dividend yield for the trailing twelve months is around 8.03%, more than SRLN's 7.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNL Global Net Lease, Inc. | 8.03% | 9.83% | 16.15% | 15.62% | 12.73% | 10.47% | 10.11% | 8.75% | 12.09% | 9.77% | 9.07% | 4.64% |
SRLN SPDR Blackstone Senior Loan ETF | 7.70% | 7.67% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% |
Drawdowns
GNL vs. SRLN - Drawdown Comparison
The maximum GNL drawdown since its inception was -58.38%, which is greater than SRLN's maximum drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for GNL and SRLN.
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Drawdown Indicators
| GNL | SRLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.38% | -22.29% | -36.09% |
Max Drawdown (1Y)Largest decline over 1 year | -14.21% | -3.28% | -10.93% |
Max Drawdown (5Y)Largest decline over 5 years | -52.12% | -7.93% | -44.19% |
Max Drawdown (10Y)Largest decline over 10 years | -58.38% | -22.29% | -36.09% |
Current DrawdownCurrent decline from peak | -14.95% | -1.75% | -13.20% |
Average DrawdownAverage peak-to-trough decline | -18.57% | -1.11% | -17.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.03% | 0.93% | +4.10% |
Volatility
GNL vs. SRLN - Volatility Comparison
Global Net Lease, Inc. (GNL) has a higher volatility of 6.40% compared to SPDR Blackstone Senior Loan ETF (SRLN) at 1.78%. This indicates that GNL's price experiences larger fluctuations and is considered to be riskier than SRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNL | SRLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.40% | 1.78% | +4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 15.59% | 2.56% | +13.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.85% | 4.32% | +21.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.76% | 3.89% | +24.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.37% | 6.05% | +27.32% |