GRIN vs. NFLY
Compare and contrast key facts about Grindrod Shipping Holdings Ltd. (GRIN) and YieldMax NFLX Option Income Strategy ETF (NFLY).
NFLY is an actively managed fund by YieldMax. It was launched on Aug 7, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GRIN or NFLY.
Correlation
The correlation between GRIN and NFLY is 0.03, 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
GRIN vs. NFLY - Performance Comparison
Key characteristics
Returns By Period
GRIN
N/A
N/A
N/A
N/A
N/A
N/A
NFLY
10.64%
17.01%
44.67%
66.84%
N/A
N/A
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Risk-Adjusted Performance
GRIN vs. NFLY — Risk-Adjusted Performance Rank
GRIN
NFLY
GRIN vs. NFLY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grindrod Shipping Holdings Ltd. (GRIN) and YieldMax NFLX Option Income Strategy ETF (NFLY). 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
GRIN vs. NFLY - Dividend Comparison
GRIN has not paid dividends to shareholders, while NFLY's dividend yield for the trailing twelve months is around 47.17%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
GRIN Grindrod Shipping Holdings Ltd. | 0.00% | 0.00% | 30.23% | 64.30% | 3.99% |
NFLY YieldMax NFLX Option Income Strategy ETF | 47.17% | 49.91% | 11.84% | 0.00% | 0.00% |
Drawdowns
GRIN vs. NFLY - Drawdown Comparison
Volatility
GRIN vs. NFLY - Volatility Comparison
The current volatility for Grindrod Shipping Holdings Ltd. (GRIN) is 0.00%, while YieldMax NFLX Option Income Strategy ETF (NFLY) has a volatility of 7.15%. This indicates that GRIN experiences smaller price fluctuations and is considered to be less risky than NFLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.