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GRSPX vs. VHT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GRSPX and VHT is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

GRSPX vs. VHT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Greenspring Fund (GRSPX) and Vanguard Health Care ETF (VHT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GRSPX:

0.02

VHT:

-0.24

Sortino Ratio

GRSPX:

0.22

VHT:

-0.14

Omega Ratio

GRSPX:

1.03

VHT:

0.98

Calmar Ratio

GRSPX:

0.05

VHT:

-0.18

Martin Ratio

GRSPX:

0.13

VHT:

-0.43

Ulcer Index

GRSPX:

9.12%

VHT:

6.49%

Daily Std Dev

GRSPX:

19.93%

VHT:

15.41%

Max Drawdown

GRSPX:

-41.70%

VHT:

-39.12%

Current Drawdown

GRSPX:

-10.67%

VHT:

-12.65%

Returns By Period

In the year-to-date period, GRSPX achieves a 1.27% return, which is significantly higher than VHT's -1.56% return. Over the past 10 years, GRSPX has underperformed VHT with an annualized return of 1.59%, while VHT has yielded a comparatively higher 7.66% annualized return.


GRSPX

YTD

1.27%

1M

11.31%

6M

-10.67%

1Y

0.47%

5Y*

9.69%

10Y*

1.59%

VHT

YTD

-1.56%

1M

0.30%

6M

-9.25%

1Y

-3.67%

5Y*

7.33%

10Y*

7.66%

*Annualized

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GRSPX vs. VHT - Expense Ratio Comparison

GRSPX has a 1.09% expense ratio, which is higher than VHT's 0.10% expense ratio.


Risk-Adjusted Performance

GRSPX vs. VHT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GRSPX
The Risk-Adjusted Performance Rank of GRSPX is 2121
Overall Rank
The Sharpe Ratio Rank of GRSPX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of GRSPX is 2222
Sortino Ratio Rank
The Omega Ratio Rank of GRSPX is 2121
Omega Ratio Rank
The Calmar Ratio Rank of GRSPX is 2222
Calmar Ratio Rank
The Martin Ratio Rank of GRSPX is 2020
Martin Ratio Rank

VHT
The Risk-Adjusted Performance Rank of VHT is 99
Overall Rank
The Sharpe Ratio Rank of VHT is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of VHT is 99
Sortino Ratio Rank
The Omega Ratio Rank of VHT is 99
Omega Ratio Rank
The Calmar Ratio Rank of VHT is 88
Calmar Ratio Rank
The Martin Ratio Rank of VHT is 1010
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.

GRSPX vs. VHT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Greenspring Fund (GRSPX) and Vanguard Health Care ETF (VHT). 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 current GRSPX Sharpe Ratio is 0.02, which is higher than the VHT Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of GRSPX and VHT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GRSPX vs. VHT - Dividend Comparison

GRSPX's dividend yield for the trailing twelve months is around 0.43%, less than VHT's 1.60% yield.


TTM20242023202220212020201920182017201620152014
GRSPX
Greenspring Fund
0.43%0.44%0.90%1.24%0.41%1.46%1.60%1.97%1.75%1.33%2.39%2.81%
VHT
Vanguard Health Care ETF
1.60%1.53%1.36%1.33%1.14%1.21%1.89%1.38%1.31%1.45%1.22%1.02%

Drawdowns

GRSPX vs. VHT - Drawdown Comparison

The maximum GRSPX drawdown since its inception was -41.70%, which is greater than VHT's maximum drawdown of -39.12%. Use the drawdown chart below to compare losses from any high point for GRSPX and VHT. For additional features, visit the drawdowns tool.


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Volatility

GRSPX vs. VHT - Volatility Comparison

The current volatility for Greenspring Fund (GRSPX) is 5.36%, while Vanguard Health Care ETF (VHT) has a volatility of 6.72%. This indicates that GRSPX experiences smaller price fluctuations and is considered to be less risky than VHT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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