GRNB vs. STAG
GRNB (VanEck Green Bond ETF) is Global Bonds fund tracking the S&P Green Bond U.S. Dollar Select Index, while STAG (STAG Industrial, Inc.) is a stock. Over the past 5 years, GRNB returned 0.77%/yr vs 3.87%/yr for STAG. At a 0.20 correlation, their price movements are largely independent.
Performance
GRNB vs. STAG - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with GRNB at 0.43% and STAG at 0.43%.
GRNB
- 1D
- -0.19%
- 1M
- 0.45%
- YTD
- 0.43%
- 6M
- 0.57%
- 1Y
- 4.99%
- 3Y*
- 5.07%
- 5Y*
- 0.77%
- 10Y*
- —
STAG
- 1D
- -0.05%
- 1M
- -3.28%
- YTD
- 0.43%
- 6M
- -5.24%
- 1Y
- 4.91%
- 3Y*
- 4.53%
- 5Y*
- 3.87%
- 10Y*
- 10.14%
GRNB vs. STAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRNB VanEck Green Bond ETF | 0.43% | 7.09% | 3.31% | 7.08% | -11.93% | -2.36% | 7.98% | 5.40% | -4.07% | 9.87% |
STAG STAG Industrial, Inc. | 0.43% | 13.30% | -10.34% | 26.73% | -29.66% | 59.10% | 4.18% | 33.20% | -3.81% | 11.64% |
Correlation
The correlation between GRNB and STAG is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2017 | 0.20 |
The correlation between GRNB and STAG shifts across timeframes, from 0.20 (all time) to 0.31 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
GRNB vs. STAG — Risk / Return Rank
GRNB
STAG
GRNB vs. STAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Green Bond ETF (GRNB) and STAG Industrial, Inc. (STAG). 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 | STAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.43 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.06 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 0.52 | +1.48 |
| Martin ratioReturn relative to average drawdown | 7.82 | 1.29 | +6.53 |
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 | STAG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 0.25 | +1.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | 0.17 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.51 | -0.05 |
Drawdowns
GRNB vs. STAG - Drawdown Comparison
The maximum GRNB drawdown since its inception was -18.08%, smaller than the maximum STAG drawdown of -45.08%. Use the drawdown chart below to compare losses from any high point for GRNB and STAG.
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Drawdown Indicators
| GRNB | STAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.08% | -45.08% | +27.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -9.44% | +6.93% |
Max Drawdown (3Y)Largest decline over 3 years | -4.24% | -24.59% | +20.35% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -42.22% | +24.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.08% | — |
Current DrawdownCurrent decline from peak | -0.57% | -9.06% | +8.49% |
Average DrawdownAverage peak-to-trough decline | -4.58% | -10.51% | +5.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 3.81% | -3.17% |
Volatility
GRNB vs. STAG - Volatility Comparison
The current volatility for VanEck Green Bond ETF (GRNB) is 0.93%, while STAG Industrial, Inc. (STAG) has a volatility of 4.85%. This indicates that GRNB experiences smaller price fluctuations and is considered to be less risky than STAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GRNB | STAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 4.85% | -3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 2.34% | 13.70% | -11.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.96% | 19.36% | -16.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.92% | 23.41% | -18.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.88% | 26.16% | -21.28% |
Dividends
GRNB vs. STAG - Dividend Comparison
GRNB's dividend yield for the trailing twelve months is around 4.24%, more than STAG's 3.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRNB VanEck Green Bond ETF | 4.24% | 4.18% | 3.83% | 3.17% | 2.60% | 1.97% | 2.24% | 1.79% | 1.21% | 1.09% | 0.00% | 0.00% |
STAG STAG Industrial, Inc. | 3.44% | 4.05% | 4.38% | 3.74% | 4.52% | 3.02% | 4.60% | 4.53% | 5.71% | 5.14% | 5.82% | 7.40% |
Frequently Asked Questions
GRNB and STAG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
STAG has higher volatility (4.85%) compared to GRNB (0.93%). In terms of maximum drawdown, GRNB dropped -18.08% vs STAG's -45.08%.
GRNB currently has the higher Sharpe Ratio (1.69 vs 0.25), 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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