GRIN vs. NFLY

Last updated Jun 5, 2026

GRIN (Grindrod Shipping Holdings Ltd.) is a stock, while NFLY (YieldMax NFLX Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. At a 0.11 correlation, their price movements are largely independent.

Performance

GRIN vs. NFLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grindrod Shipping Holdings Ltd. (GRIN) and YieldMax NFLX Option Income Strategy ETF (NFLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GRIN achieves a 19.08% return, which is significantly higher than NFLY's -8.27% return.

GRIN

• 1D: 0.29%
• 1M: 6.43%
• YTD: 19.08%
• 6M: 20.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLY

• 1D: 0.63%
• 1M: -4.36%
• YTD: -8.27%
• 6M: -14.68%
• 1Y: -27.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GRIN vs. NFLY - Yearly Performance Comparison

	2026 (YTD)	2025
GRIN Grindrod Shipping Holdings Ltd.	19.08%	8.73%
NFLY YieldMax NFLX Option Income Strategy ETF	-8.27%	-24.48%

Correlation

The correlation between GRIN and NFLY is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.11

Return for Risk

GRIN vs. NFLY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFLY

NFLY Risk / Return Rank: 2
NFLY Sharpe Ratio Rank: 1
NFLY Sortino Ratio Rank: 2
NFLY Omega Ratio Rank: 1
NFLY Calmar Ratio Rank: 3
NFLY Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GRIN vs. NFLY - Risk-Adjusted Trends 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GRIN	NFLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.01	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.48	0.65	+0.83

Drawdowns

GRIN vs. NFLY - Drawdown Comparison

The maximum GRIN drawdown since its inception was -14.30%, smaller than the maximum NFLY drawdown of -37.18%. Use the drawdown chart below to compare losses from any high point for GRIN and NFLY.

Drawdown Indicators

	GRIN	NFLY	Difference
Max Drawdown Largest peak-to-trough decline	-14.30%	-37.18%	+22.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-37.18%	—
Current Drawdown Current decline from peak	0.00%	-31.88%	+31.88%
Average Drawdown Average peak-to-trough decline	-2.37%	-8.54%	+6.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	20.64%	—

Volatility

Volatility by Period

	GRIN	NFLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.50%	27.68%	-6.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.50%	28.30%	-6.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.50%	28.30%	-6.80%

Dividends

GRIN vs. NFLY - Dividend Comparison

GRIN's dividend yield for the trailing twelve months is around 0.43%, less than NFLY's 58.86% yield.

Position	TTM	2025	2024	2023
GRIN Grindrod Shipping Holdings Ltd.	0.43%	0.16%	0.00%	0.00%
NFLY YieldMax NFLX Option Income Strategy ETF	58.86%	61.53%	49.91%	11.84%

Frequently Asked Questions

Can I hold both GRIN and NFLY in my portfolio?

GRIN and NFLY have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.