GNR vs. COMT
Compare and contrast key facts about SPDR S&P Global Natural Resources ETF (GNR) and iShares Commodities Select Strategy ETF (COMT).
GNR and COMT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GNR is a passively managed fund by State Street that tracks the performance of the S&P Global Natural Resources Index. It was launched on Sep 13, 2010. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNR or COMT.
Performance
GNR vs. COMT - Performance Comparison
Returns By Period
In the year-to-date period, GNR achieves a -3.34% return, which is significantly lower than COMT's 1.60% return. Over the past 10 years, GNR has outperformed COMT with an annualized return of 4.66%, while COMT has yielded a comparatively lower 0.31% annualized return.
GNR
-3.34%
-4.69%
-9.33%
1.96%
7.42%
4.66%
COMT
1.60%
-1.81%
-7.42%
-1.65%
6.01%
0.31%
Key characteristics
| GNR | COMT | |
|---|---|---|
| Sharpe Ratio | 0.05 | -0.17 |
| Sortino Ratio | 0.17 | -0.14 |
| Omega Ratio | 1.02 | 0.98 |
| Calmar Ratio | 0.05 | -0.10 |
| Martin Ratio | 0.14 | -0.57 |
| Ulcer Index | 5.36% | 4.61% |
| Daily Std Dev | 15.47% | 15.00% |
| Max Drawdown | -51.37% | -51.89% |
| Current Drawdown | -9.45% | -24.06% |
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GNR vs. COMT - Expense Ratio Comparison
GNR has a 0.40% expense ratio, which is lower than COMT's 0.48% expense ratio.
Correlation
The correlation between GNR and COMT is 0.65, 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.
Risk-Adjusted Performance
GNR vs. COMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Natural Resources ETF (GNR) and iShares Commodities Select Strategy ETF (COMT). 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
GNR vs. COMT - Dividend Comparison
GNR's dividend yield for the trailing twelve months is around 3.66%, less than COMT's 5.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNR SPDR S&P Global Natural Resources ETF | 3.66% | 3.37% | 4.37% | 3.44% | 2.78% | 3.84% | 3.51% | 2.40% | 2.06% | 4.60% | 2.59% | 2.46% |
COMT iShares Commodities Select Strategy ETF | 5.11% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% | 0.00% |
Drawdowns
GNR vs. COMT - Drawdown Comparison
The maximum GNR drawdown since its inception was -51.37%, roughly equal to the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for GNR and COMT. For additional features, visit the drawdowns tool.
Volatility
GNR vs. COMT - Volatility Comparison
The current volatility for SPDR S&P Global Natural Resources ETF (GNR) is 3.74%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 5.12%. This indicates that GNR experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.