GRNB vs. DFGX
Compare and contrast key facts about VanEck Green Bond ETF (GRNB) and Dimensional Global Ex US Core Fixed Income ETF (DFGX).
GRNB and DFGX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GRNB is a passively managed fund by VanEck that tracks the performance of the S&P Green Bond U.S. Dollar Select Index. It was launched on Mar 3, 2017. DFGX is an actively managed fund by Dimensional. It was launched on Nov 7, 2023.
Performance
GRNB vs. DFGX - Performance Comparison
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GRNB vs. DFGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GRNB VanEck Green Bond ETF | -0.87% | 7.09% | 3.31% | 5.30% |
DFGX Dimensional Global Ex US Core Fixed Income ETF | -0.35% | 3.46% | 3.75% | 4.95% |
Returns By Period
In the year-to-date period, GRNB achieves a -0.87% return, which is significantly lower than DFGX's -0.35% return.
GRNB
- 1D
- 0.37%
- 1M
- -1.85%
- YTD
- -0.87%
- 6M
- 0.15%
- 1Y
- 3.89%
- 3Y*
- 4.56%
- 5Y*
- 0.71%
- 10Y*
- —
DFGX
- 1D
- 0.61%
- 1M
- -2.47%
- YTD
- -0.35%
- 6M
- -0.10%
- 1Y
- 3.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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GRNB vs. DFGX - Expense Ratio Comparison
Both GRNB and DFGX 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%.
Return for Risk
GRNB vs. DFGX — Risk / Return Rank
GRNB
DFGX
GRNB vs. DFGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Green Bond ETF (GRNB) and Dimensional Global Ex US Core Fixed Income ETF (DFGX). 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.
| GRNB | DFGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 0.71 | +0.40 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.00 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.13 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.64 | 0.92 | +0.71 |
Martin ratioReturn relative to average drawdown | 6.81 | 3.61 | +3.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GRNB | DFGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 0.71 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 1.09 | -0.65 |
Correlation
The correlation between GRNB and DFGX is 0.68, 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.
Dividends
GRNB vs. DFGX - Dividend Comparison
GRNB's dividend yield for the trailing twelve months is around 4.29%, more than DFGX's 2.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRNB VanEck Green Bond ETF | 4.29% | 4.18% | 3.83% | 3.17% | 2.60% | 1.97% | 2.24% | 1.79% | 1.21% | 1.09% |
DFGX Dimensional Global Ex US Core Fixed Income ETF | 2.78% | 2.84% | 4.61% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GRNB vs. DFGX - Drawdown Comparison
The maximum GRNB drawdown since its inception was -18.08%, which is greater than DFGX's maximum drawdown of -3.32%. Use the drawdown chart below to compare losses from any high point for GRNB and DFGX.
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Drawdown Indicators
| GRNB | DFGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.08% | -3.32% | -14.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -3.32% | +0.81% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | — | — |
Current DrawdownCurrent decline from peak | -1.85% | -2.47% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -0.70% | -3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.60% | 0.85% | -0.25% |
Volatility
GRNB vs. DFGX - Volatility Comparison
The current volatility for VanEck Green Bond ETF (GRNB) is 1.69%, while Dimensional Global Ex US Core Fixed Income ETF (DFGX) has a volatility of 1.99%. This indicates that GRNB experiences smaller price fluctuations and is considered to be less risky than DFGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRNB | DFGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 1.99% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 2.21% | 2.69% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.51% | 4.45% | -0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.92% | 4.59% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.91% | 4.59% | +0.32% |