GRNB vs. WIP
Compare and contrast key facts about VanEck Green Bond ETF (GRNB) and SPDR FTSE International Government Inflation-Protected Bond ETF (WIP).
GRNB and WIP 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. WIP is a passively managed fund by State Street that tracks the performance of the FTSE International Inflation-Linked Securities Select (USD). It was launched on Mar 13, 2008. Both GRNB and WIP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GRNB vs. WIP - Performance Comparison
Loading graphics...
GRNB vs. WIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GRNB VanEck Green Bond ETF | -0.87% | 7.09% | 3.31% | 7.08% | -11.93% | -2.36% | 7.98% | 5.40% | -4.07% | 9.87% |
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 1.01% | 15.18% | -8.71% | 8.84% | -15.54% | -4.15% | 8.37% | 8.62% | -5.97% | 9.55% |
Returns By Period
In the year-to-date period, GRNB achieves a -0.87% return, which is significantly lower than WIP's 1.01% return.
GRNB
- 1D
- 0.37%
- 1M
- -1.85%
- YTD
- -0.87%
- 6M
- 0.15%
- 1Y
- 3.89%
- 3Y*
- 4.56%
- 5Y*
- 0.71%
- 10Y*
- —
WIP
- 1D
- 1.59%
- 1M
- -3.65%
- YTD
- 1.01%
- 6M
- 3.15%
- 1Y
- 11.57%
- 3Y*
- 2.96%
- 5Y*
- -0.36%
- 10Y*
- 1.28%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GRNB vs. WIP - Expense Ratio Comparison
GRNB has a 0.20% expense ratio, which is lower than WIP's 0.50% expense ratio.
Return for Risk
GRNB vs. WIP — Risk / Return Rank
GRNB
WIP
GRNB vs. WIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Green Bond ETF (GRNB) and SPDR FTSE International Government Inflation-Protected Bond ETF (WIP). 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 | WIP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.22 | -0.11 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.68 | -0.09 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.64 | 2.25 | -0.61 |
Martin ratioReturn relative to average drawdown | 6.81 | 6.69 | +0.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GRNB | WIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.22 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.14 | -0.03 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.13 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.11 | +0.33 |
Correlation
The correlation between GRNB and WIP is 0.50, 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. WIP - Dividend Comparison
GRNB's dividend yield for the trailing twelve months is around 4.29%, less than WIP's 5.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
WIP SPDR FTSE International Government Inflation-Protected Bond ETF | 5.41% | 5.51% | 6.06% | 6.54% | 11.15% | 4.63% | 1.59% | 2.49% | 4.05% | 1.91% | 1.27% | 1.14% |
Drawdowns
GRNB vs. WIP - Drawdown Comparison
The maximum GRNB drawdown since its inception was -18.08%, smaller than the maximum WIP drawdown of -29.60%. Use the drawdown chart below to compare losses from any high point for GRNB and WIP.
Loading graphics...
Drawdown Indicators
| GRNB | WIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.08% | -29.60% | +11.52% |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | -5.16% | +2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -28.84% | +10.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.84% | — |
Current DrawdownCurrent decline from peak | -1.85% | -6.90% | +5.05% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -8.63% | +3.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.60% | 1.74% | -1.14% |
Volatility
GRNB vs. WIP - Volatility Comparison
The current volatility for VanEck Green Bond ETF (GRNB) is 1.69%, while SPDR FTSE International Government Inflation-Protected Bond ETF (WIP) has a volatility of 4.29%. This indicates that GRNB experiences smaller price fluctuations and is considered to be less risky than WIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GRNB | WIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.69% | 4.29% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.21% | 6.01% | -3.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.51% | 9.49% | -5.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.92% | 11.39% | -6.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.91% | 10.12% | -5.21% |