GRNB vs. REMX
GRNB (VanEck Green Bond ETF) and REMX (VanEck Rare Earth and Strategic Metals ETF) are both exchange-traded funds - GRNB is a Global Bonds fund tracking the S&P Green Bond U.S. Dollar Select Index, while REMX is a Rare Earth & Strategic Metals fund tracking the MarketVector Global Rare Earth/Strategic Metals Index. Both are passively managed. Over the past 5 years, GRNB returned 0.76%/yr vs 4.37%/yr for REMX. At a 0.13 correlation, their price movements are largely independent. GRNB charges 0.20%/yr vs 0.59%/yr for REMX.
Performance
GRNB vs. REMX - Performance Comparison
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Returns By Period
In the year-to-date period, GRNB achieves a 0.67% return, which is significantly lower than REMX's 24.22% return.
GRNB
- 1D
- 0.07%
- 1M
- 0.71%
- YTD
- 0.67%
- 6M
- 0.75%
- 1Y
- 4.28%
- 3Y*
- 5.21%
- 5Y*
- 0.76%
- 10Y*
- —
REMX
- 1D
- -5.62%
- 1M
- -5.16%
- YTD
- 24.22%
- 6M
- 22.61%
- 1Y
- 139.49%
- 3Y*
- 5.61%
- 5Y*
- 4.37%
- 10Y*
- 10.09%
GRNB vs. REMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRNB VanEck Green Bond ETF | 0.67% | 7.09% | 3.31% | 7.08% | -11.93% | -2.36% | 7.98% | 5.40% | -4.07% | 9.87% |
REMX VanEck Rare Earth and Strategic Metals ETF | 24.22% | 92.95% | -35.02% | -19.18% | -31.13% | 79.81% | 64.82% | 0.74% | -49.63% | 62.45% |
Correlation
The correlation between GRNB and REMX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2017 | 0.13 |
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Return for Risk
GRNB vs. REMX — Risk / Return Rank
GRNB
REMX
GRNB vs. REMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Green Bond ETF (GRNB) and VanEck Rare Earth and Strategic Metals ETF (REMX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GRNB | REMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.38 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 6.01 | -4.29 |
| Martin ratioReturn relative to average drawdown | 6.60 | 15.83 | -9.23 |
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Drawdowns
GRNB vs. REMX - Drawdown Comparison
The maximum GRNB drawdown since its inception was -18.08%, smaller than the maximum REMX drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for GRNB and REMX.
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Drawdown Indicators
| GRNB | REMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.08% | -90.20% | +72.12% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -23.35% | +20.84% |
Max Drawdown (3Y)Largest decline over 3 years | -4.24% | -62.11% | +57.87% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -73.34% | +55.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.34% | — |
Current DrawdownCurrent decline from peak | -0.34% | -57.95% | +57.61% |
Average DrawdownAverage peak-to-trough decline | -4.55% | -66.82% | +62.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 8.85% | -8.20% |
Volatility
GRNB vs. REMX - Volatility Comparison
The current volatility for VanEck Green Bond ETF (GRNB) is 0.80%, while VanEck Rare Earth and Strategic Metals ETF (REMX) has a volatility of 16.71%. This indicates that GRNB experiences smaller price fluctuations and is considered to be less risky than REMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRNB | REMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.80% | 16.71% | -15.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.40% | 37.35% | -34.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.98% | 49.97% | -46.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.92% | 40.71% | -35.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.87% | 37.16% | -32.29% |
GRNB vs. REMX - Expense Ratio Comparison
GRNB has a 0.20% expense ratio, which is lower than REMX's 0.59% expense ratio.
Dividends
GRNB vs. REMX - Dividend Comparison
GRNB's dividend yield for the trailing twelve months is around 4.23%, more than REMX's 1.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRNB VanEck Green Bond ETF | 4.23% | 4.18% | 3.83% | 3.17% | 2.60% | 1.97% | 2.24% | 1.79% | 1.21% | 1.09% | 0.00% | 0.00% |
REMX VanEck Rare Earth and Strategic Metals ETF | 1.42% | 1.76% | 2.56% | 0.00% | 1.56% | 5.25% | 0.81% | 1.64% | 12.43% | 2.89% | 2.23% | 4.77% |
Frequently Asked Questions
GRNB and REMX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
REMX has higher volatility (16.71%) compared to GRNB (0.80%). In terms of maximum drawdown, GRNB dropped -18.08% vs REMX's -90.20%.
On 5-year performance, REMX leads with 4.37% vs 0.76% for GRNB. On fees, GRNB is cheaper at 0.20% per year. On volatility, GRNB has been the lower-risk option at 0.80%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, REMX has performed better with a 4.37% return vs 0.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GRNB is cheaper with a 0.20% expense ratio, compared with 0.59% for REMX.
GRNB has the higher dividend yield at 4.23%, compared with 1.42% for REMX.
GRNB is categorized as Global Bonds, while REMX is Rare Earth & Strategic Metals. GRNB tracks S&P Green Bond U.S. Dollar Select Index, while REMX tracks MarketVector Global Rare Earth/Strategic Metals Index. Their fees differ too: 0.20% for GRNB and 0.59% for REMX.
REMX currently has the higher Sharpe Ratio (2.81 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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