GNR vs. VOO
Compare and contrast key facts about SPDR S&P Global Natural Resources ETF (GNR) and Vanguard S&P 500 ETF (VOO).
GNR and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both GNR and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNR or VOO.
Performance
GNR vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, GNR achieves a -3.34% return, which is significantly lower than VOO's 24.51% return. Over the past 10 years, GNR has underperformed VOO with an annualized return of 4.66%, while VOO has yielded a comparatively higher 13.12% annualized return.
GNR
-3.34%
-4.69%
-9.33%
1.96%
7.42%
4.66%
VOO
24.51%
0.61%
11.38%
32.00%
15.30%
13.12%
Key characteristics
| GNR | VOO | |
|---|---|---|
| Sharpe Ratio | 0.05 | 2.64 |
| Sortino Ratio | 0.17 | 3.53 |
| Omega Ratio | 1.02 | 1.49 |
| Calmar Ratio | 0.05 | 3.81 |
| Martin Ratio | 0.14 | 17.34 |
| Ulcer Index | 5.36% | 1.86% |
| Daily Std Dev | 15.47% | 12.20% |
| Max Drawdown | -51.37% | -33.99% |
| Current Drawdown | -9.45% | -2.16% |
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GNR vs. VOO - Expense Ratio Comparison
GNR has a 0.40% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between GNR and VOO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
GNR vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Global Natural Resources ETF (GNR) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
GNR's dividend yield for the trailing twelve months is around 3.66%, more than VOO's 1.26% 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% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GNR vs. VOO - Drawdown Comparison
The maximum GNR drawdown since its inception was -51.37%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GNR and VOO. For additional features, visit the drawdowns tool.
Volatility
GNR vs. VOO - Volatility Comparison
The current volatility for SPDR S&P Global Natural Resources ETF (GNR) is 3.74%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.09%. This indicates that GNR experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.