GNL vs. ^GSPC
Compare and contrast key facts about Global Net Lease, Inc. (GNL) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNL or ^GSPC.
Key characteristics
| GNL | ^GSPC | |
|---|---|---|
| YTD Return | -26.28% | 5.05% |
| 1Y Return | -30.35% | 21.22% |
| 3Y Return (Ann) | -19.50% | 6.25% |
| 5Y Return (Ann) | -8.32% | 11.38% |
| Sharpe Ratio | -0.80 | 1.81 |
| Daily Std Dev | 37.67% | 11.80% |
| Max Drawdown | -58.38% | -56.78% |
| Current Drawdown | -50.29% | -4.64% |
Correlation
The correlation between GNL and ^GSPC is 0.46, 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. ^GSPC - Performance Comparison
In the year-to-date period, GNL achieves a -26.28% return, which is significantly lower than ^GSPC's 5.05% 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. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Net Lease, Inc. (GNL) and S&P 500 (^GSPC). 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.
Drawdowns
GNL vs. ^GSPC - Drawdown Comparison
The maximum GNL drawdown since its inception was -58.38%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GNL and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GNL vs. ^GSPC - Volatility Comparison
Global Net Lease, Inc. (GNL) has a higher volatility of 11.45% compared to S&P 500 (^GSPC) at 3.30%. This indicates that GNL's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.