GNL vs. VNQ
Compare and contrast key facts about Global Net Lease, Inc. (GNL) and Vanguard Real Estate ETF (VNQ).
VNQ is a passively managed fund by Vanguard that tracks the performance of the MSCI US REIT Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNL or VNQ.
Key characteristics
| GNL | VNQ | |
|---|---|---|
| YTD Return | -25.20% | -8.03% |
| 1Y Return | -26.01% | 3.40% |
| 3Y Return (Ann) | -19.08% | -2.72% |
| 5Y Return (Ann) | -8.30% | 2.27% |
| Sharpe Ratio | -0.73 | 0.13 |
| Daily Std Dev | 37.59% | 18.98% |
| Max Drawdown | -58.38% | -73.07% |
| Current Drawdown | -49.56% | -24.13% |
Correlation
The correlation between GNL and VNQ is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GNL vs. VNQ - Performance Comparison
In the year-to-date period, GNL achieves a -25.20% return, which is significantly lower than VNQ's -8.03% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GNL vs. VNQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Net Lease, Inc. (GNL) and Vanguard Real Estate ETF (VNQ). 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
GNL vs. VNQ - Dividend Comparison
GNL's dividend yield for the trailing twelve months is around 19.99%, more than VNQ's 4.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNL Global Net Lease, Inc. | 19.99% | 15.62% | 12.73% | 10.47% | 10.11% | 8.76% | 12.09% | 10.35% | 9.07% | 4.49% | 0.00% | 0.00% |
VNQ Vanguard Real Estate ETF | 4.29% | 3.95% | 3.91% | 2.56% | 3.93% | 3.39% | 4.74% | 4.23% | 4.82% | 3.92% | 3.60% | 4.32% |
Drawdowns
GNL vs. VNQ - Drawdown Comparison
The maximum GNL drawdown since its inception was -58.38%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for GNL and VNQ. For additional features, visit the drawdowns tool.
Volatility
GNL vs. VNQ - Volatility Comparison
Global Net Lease, Inc. (GNL) has a higher volatility of 11.09% compared to Vanguard Real Estate ETF (VNQ) at 6.57%. This indicates that GNL's price experiences larger fluctuations and is considered to be riskier than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.