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

Correlation

The correlation between GRNB and VCEB is 0.26, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

GRNB vs. VCEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Green Bond ETF (GRNB) and Vanguard ESG U.S. Corporate Bond ETF (VCEB). The values are adjusted to include any dividend payments, if applicable.

-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%NovemberDecember2025FebruaryMarchApril
-1.42%
-3.38%
GRNB
VCEB

Key characteristics

Sharpe Ratio

GRNB:

1.70

VCEB:

1.19

Sortino Ratio

GRNB:

2.58

VCEB:

1.71

Omega Ratio

GRNB:

1.31

VCEB:

1.21

Calmar Ratio

GRNB:

0.74

VCEB:

0.57

Martin Ratio

GRNB:

6.05

VCEB:

3.75

Ulcer Index

GRNB:

1.15%

VCEB:

1.86%

Daily Std Dev

GRNB:

4.11%

VCEB:

5.86%

Max Drawdown

GRNB:

-18.08%

VCEB:

-21.60%

Current Drawdown

GRNB:

-2.72%

VCEB:

-5.71%

Returns By Period

The year-to-date returns for both stocks are quite close, with GRNB having a 2.27% return and VCEB slightly lower at 2.20%.


GRNB

YTD

2.27%

1M

0.52%

6M

1.79%

1Y

7.44%

5Y*

0.48%

10Y*

N/A

VCEB

YTD

2.20%

1M

0.48%

6M

1.49%

1Y

7.55%

5Y*

N/A

10Y*

N/A

*Annualized

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GRNB vs. VCEB - Expense Ratio Comparison

GRNB has a 0.20% expense ratio, which is higher than VCEB's 0.12% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for GRNB: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GRNB: 0.20%
Expense ratio chart for VCEB: current value is 0.12%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCEB: 0.12%

Risk-Adjusted Performance

GRNB vs. VCEB — 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 8888
Overall Rank
The Sharpe Ratio Rank of GRNB is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of GRNB is 9393
Sortino Ratio Rank
The Omega Ratio Rank of GRNB is 9090
Omega Ratio Rank
The Calmar Ratio Rank of GRNB is 7676
Calmar Ratio Rank
The Martin Ratio Rank of GRNB is 8787
Martin Ratio Rank

VCEB
The Risk-Adjusted Performance Rank of VCEB is 7979
Overall Rank
The Sharpe Ratio Rank of VCEB is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of VCEB is 8484
Sortino Ratio Rank
The Omega Ratio Rank of VCEB is 8181
Omega Ratio Rank
The Calmar Ratio Rank of VCEB is 6666
Calmar Ratio Rank
The Martin Ratio Rank of VCEB is 7878
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. VCEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Green Bond ETF (GRNB) and Vanguard ESG U.S. Corporate Bond ETF (VCEB). 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 chart of Sharpe ratio for GRNB, currently valued at 1.70, compared to the broader market-1.000.001.002.003.004.00
GRNB: 1.70
VCEB: 1.19
The chart of Sortino ratio for GRNB, currently valued at 2.58, compared to the broader market-2.000.002.004.006.008.00
GRNB: 2.58
VCEB: 1.71
The chart of Omega ratio for GRNB, currently valued at 1.31, compared to the broader market0.501.001.502.002.50
GRNB: 1.31
VCEB: 1.21
The chart of Calmar ratio for GRNB, currently valued at 0.74, compared to the broader market0.002.004.006.008.0010.0012.00
GRNB: 0.74
VCEB: 0.57
The chart of Martin ratio for GRNB, currently valued at 6.05, compared to the broader market0.0020.0040.0060.00
GRNB: 6.05
VCEB: 3.75

The current GRNB Sharpe Ratio is 1.70, which is higher than the VCEB Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of GRNB and VCEB, 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 Ratio0.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.70
1.19
GRNB
VCEB

Dividends

GRNB vs. VCEB - Dividend Comparison

GRNB's dividend yield for the trailing twelve months is around 3.91%, less than VCEB's 4.52% yield.


TTM20242023202220212020201920182017
GRNB
VanEck Vectors Green Bond ETF
3.91%3.83%3.17%2.60%1.97%2.24%1.79%1.21%1.09%
VCEB
Vanguard ESG U.S. Corporate Bond ETF
4.52%4.47%3.70%2.84%1.69%0.43%0.00%0.00%0.00%

Drawdowns

GRNB vs. VCEB - Drawdown Comparison

The maximum GRNB drawdown since its inception was -18.08%, smaller than the maximum VCEB drawdown of -21.60%. Use the drawdown chart below to compare losses from any high point for GRNB and VCEB. For additional features, visit the drawdowns tool.


-9.00%-8.00%-7.00%-6.00%-5.00%-4.00%-3.00%NovemberDecember2025FebruaryMarchApril
-2.72%
-5.71%
GRNB
VCEB

Volatility

GRNB vs. VCEB - Volatility Comparison

The current volatility for VanEck Vectors Green Bond ETF (GRNB) is 1.93%, while Vanguard ESG U.S. Corporate Bond ETF (VCEB) has a volatility of 3.09%. This indicates that GRNB experiences smaller price fluctuations and is considered to be less risky than VCEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%NovemberDecember2025FebruaryMarchApril
1.93%
3.09%
GRNB
VCEB