GTEC vs. FTEC

In the year-to-date period, GTEC achieves a 1.55% return, which is significantly higher than FTEC's -2.27% return.

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This table presents a comparison of risk-adjusted performance metrics for Greenland Technologies Holding Corporation (GTEC) and Fidelity MSCI Information Technology Index ETF (FTEC). 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 GTEC Sharpe Ratio is 0.33, which is comparable to the FTEC Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of GTEC and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

GTEC has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.50%.

The maximum GTEC drawdown since its inception was -92.49%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for GTEC and FTEC.

Greenland Technologies Holding Corporation (GTEC) has a higher volatility of 23.25% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 6.73%. This indicates that GTEC's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.