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GRNB vs. BGRN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GRNB and BGRN is 0.13, 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

GRNB vs. BGRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Green Bond ETF (GRNB) and iShares Global Green Bond ETF (BGRN). The values are adjusted to include any dividend payments, if applicable.

9.00%10.00%11.00%12.00%13.00%December2025FebruaryMarchAprilMay
12.75%
12.03%
GRNB
BGRN

Key characteristics

Sharpe Ratio

GRNB:

1.56

BGRN:

1.43

Sortino Ratio

GRNB:

2.36

BGRN:

2.07

Omega Ratio

GRNB:

1.28

BGRN:

1.25

Calmar Ratio

GRNB:

0.75

BGRN:

0.57

Martin Ratio

GRNB:

5.51

BGRN:

4.52

Ulcer Index

GRNB:

1.16%

BGRN:

1.37%

Daily Std Dev

GRNB:

4.09%

BGRN:

4.32%

Max Drawdown

GRNB:

-18.08%

BGRN:

-19.16%

Current Drawdown

GRNB:

-2.91%

BGRN:

-5.64%

Returns By Period

The year-to-date returns for both investments are quite close, with GRNB having a 2.07% return and BGRN slightly higher at 2.16%.


GRNB

YTD

2.07%

1M

-0.15%

6M

1.50%

1Y

5.96%

5Y*

0.40%

10Y*

N/A

BGRN

YTD

2.16%

1M

-0.17%

6M

1.57%

1Y

5.63%

5Y*

-0.10%

10Y*

N/A

*Annualized

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GRNB vs. BGRN - Expense Ratio Comparison

Both GRNB and BGRN have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

GRNB vs. BGRN — Risk-Adjusted Performance Rank

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

GRNB
The Risk-Adjusted Performance Rank of GRNB is 8686
Overall Rank
The Sharpe Ratio Rank of GRNB is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of GRNB is 9292
Sortino Ratio Rank
The Omega Ratio Rank of GRNB is 8888
Omega Ratio Rank
The Calmar Ratio Rank of GRNB is 7171
Calmar Ratio Rank
The Martin Ratio Rank of GRNB is 8585
Martin Ratio Rank

BGRN
The Risk-Adjusted Performance Rank of BGRN is 8181
Overall Rank
The Sharpe Ratio Rank of BGRN is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of BGRN is 8989
Sortino Ratio Rank
The Omega Ratio Rank of BGRN is 8686
Omega Ratio Rank
The Calmar Ratio Rank of BGRN is 6060
Calmar Ratio Rank
The Martin Ratio Rank of BGRN is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GRNB vs. BGRN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Green Bond ETF (GRNB) and iShares Global Green Bond ETF (BGRN). 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.


The current GRNB Sharpe Ratio is 1.56, which is comparable to the BGRN Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of GRNB and BGRN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00December2025FebruaryMarchAprilMay
1.56
1.43
GRNB
BGRN

Dividends

GRNB vs. BGRN - Dividend Comparison

GRNB's dividend yield for the trailing twelve months is around 3.99%, less than BGRN's 4.19% yield.


TTM20242023202220212020201920182017
GRNB
VanEck Vectors Green Bond ETF
3.99%3.83%3.17%2.60%1.97%2.24%1.79%1.21%1.09%
BGRN
iShares Global Green Bond ETF
4.19%4.07%3.52%2.66%0.78%1.82%3.66%0.21%0.00%

Drawdowns

GRNB vs. BGRN - Drawdown Comparison

The maximum GRNB drawdown since its inception was -18.08%, smaller than the maximum BGRN drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for GRNB and BGRN. For additional features, visit the drawdowns tool.


-8.00%-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%December2025FebruaryMarchAprilMay
-2.91%
-5.64%
GRNB
BGRN

Volatility

GRNB vs. BGRN - Volatility Comparison

VanEck Vectors Green Bond ETF (GRNB) and iShares Global Green Bond ETF (BGRN) have volatilities of 1.95% and 1.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%December2025FebruaryMarchAprilMay
1.95%
1.97%
GRNB
BGRN