Correlation
The correlation between GPMT and TWO is 0.43, 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.
GPMT vs. TWO
Compare and contrast key facts about Granite Point Mortgage Trust Inc. (GPMT) and Two Harbors Investment Corp. (TWO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GPMT or TWO.
Performance
GPMT vs. TWO - Performance Comparison
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Key characteristics
GPMT:
-0.16
TWO:
-0.17
GPMT:
0.28
TWO:
0.02
GPMT:
1.03
TWO:
1.00
GPMT:
-0.06
TWO:
-0.04
GPMT:
-0.27
TWO:
-0.30
GPMT:
20.48%
TWO:
9.88%
GPMT:
56.68%
TWO:
25.84%
GPMT:
-87.96%
TWO:
-84.71%
GPMT:
-76.60%
TWO:
-67.49%
Fundamentals
GPMT:
$125.37M
TWO:
$1.16B
GPMT:
-$3.08
TWO:
-$0.33
GPMT:
0.00
TWO:
3.59
GPMT:
8.76
TWO:
3.12
GPMT:
0.21
TWO:
0.75
GPMT:
$37.67M
TWO:
$600.28M
GPMT:
$37.67M
TWO:
$294.08M
GPMT:
$5.33M
TWO:
$491.59M
Returns By Period
In the year-to-date period, GPMT achieves a -5.35% return, which is significantly lower than TWO's -3.62% return.
GPMT
-5.35%
34.90%
-24.25%
-11.78%
-30.58%
-2.34%
N/A
TWO
-3.62%
-10.03%
-2.97%
-5.05%
-8.31%
2.40%
-6.50%
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Risk-Adjusted Performance
GPMT vs. TWO — Risk-Adjusted Performance Rank
GPMT
TWO
GPMT vs. TWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Granite Point Mortgage Trust Inc. (GPMT) and Two Harbors Investment Corp. (TWO). 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.
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Dividends
GPMT vs. TWO - Dividend Comparison
GPMT's dividend yield for the trailing twelve months is around 7.72%, less than TWO's 17.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPMT Granite Point Mortgage Trust Inc. | 7.72% | 10.75% | 13.47% | 17.72% | 8.54% | 6.51% | 9.14% | 8.99% | 3.95% | 0.00% | 0.00% | 0.00% |
TWO Two Harbors Investment Corp. | 17.00% | 15.22% | 15.08% | 12.94% | 11.79% | 7.85% | 11.42% | 14.64% | 10.65% | 10.67% | 12.84% | 10.38% |
Drawdowns
GPMT vs. TWO - Drawdown Comparison
The maximum GPMT drawdown since its inception was -87.96%, roughly equal to the maximum TWO drawdown of -84.71%. Use the drawdown chart below to compare losses from any high point for GPMT and TWO.
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Volatility
GPMT vs. TWO - Volatility Comparison
Granite Point Mortgage Trust Inc. (GPMT) has a higher volatility of 18.52% compared to Two Harbors Investment Corp. (TWO) at 9.14%. This indicates that GPMT's price experiences larger fluctuations and is considered to be riskier than TWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
GPMT vs. TWO - Financials Comparison
This section allows you to compare key financial metrics between Granite Point Mortgage Trust Inc. and Two Harbors Investment Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities