GRAB vs. SGOV
Compare and contrast key facts about Grab Holdings Limited (GRAB) and iShares 0-3 Month Treasury Bond ETF (SGOV).
SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRAB or SGOV.
Key characteristics
| GRAB | SGOV | |
|---|---|---|
| YTD Return | 29.97% | 4.61% |
| 1Y Return | 33.94% | 5.38% |
| 3Y Return (Ann) | -35.71% | 3.78% |
| Sharpe Ratio | 1.14 | 21.83 |
| Sortino Ratio | 1.68 | 526.74 |
| Omega Ratio | 1.23 | 527.74 |
| Calmar Ratio | 0.40 | 540.70 |
| Martin Ratio | 4.37 | 8,583.38 |
| Ulcer Index | 7.58% | 0.00% |
| Daily Std Dev | 29.04% | 0.25% |
| Max Drawdown | -86.46% | -0.03% |
| Current Drawdown | -74.33% | -0.01% |
Correlation
The correlation between GRAB and SGOV is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GRAB vs. SGOV - Performance Comparison
In the year-to-date period, GRAB achieves a 29.97% return, which is significantly higher than SGOV's 4.61% 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
GRAB vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grab Holdings Limited (GRAB) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
GRAB vs. SGOV - Dividend Comparison
GRAB has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 5.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
GRAB Grab Holdings Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.24% | 4.87% | 1.45% | 0.03% | 0.04% |
Drawdowns
GRAB vs. SGOV - Drawdown Comparison
The maximum GRAB drawdown since its inception was -86.46%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for GRAB and SGOV. For additional features, visit the drawdowns tool.
Volatility
GRAB vs. SGOV - Volatility Comparison
Grab Holdings Limited (GRAB) has a higher volatility of 10.03% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.08%. This indicates that GRAB's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.