GTEC vs. IWY
GTEC (Greenland Technologies Holding Corporation) is a stock, while IWY (iShares Russell Top 200 Growth ETF) is Large Cap Growth Equities fund tracking the Russell Top 200 Growth Index. Over the past 5 years, GTEC returned -39.54%/yr vs 12.72%/yr for IWY. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
GTEC vs. IWY - Performance Comparison
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Returns By Period
In the year-to-date period, GTEC achieves a -15.24% return, which is significantly lower than IWY's -0.03% return.
GTEC
- 1D
- -1.01%
- 1M
- -6.23%
- 6M
- -42.28%
- YTD
- -15.24%
- 1Y
- -66.70%
- 3Y*
- -31.97%
- 5Y*
- -39.54%
- 10Y*
- —
- ALL TIME*
- -30.69%
IWY
- 1D
- 0.85%
- 1M
- -2.47%
- 6M
- 1.67%
- YTD
- -0.03%
- 1Y
- 10.78%
- 3Y*
- 19.65%
- 5Y*
- 12.72%
- 10Y*
- 18.31%
- ALL TIME*
- 16.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $35.17K | $35.52K | $62.62K | |
| $127.32M | $104.93M | $113.90M |
GTEC vs. IWY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GTEC Greenland Technologies Holding Corporation | -15.24% | -68.41% | -30.47% | 27.98% | -66.10% | -11.19% | 44.80% | -49.49% | 2.27% |
IWY iShares Russell Top 200 Growth ETF | -0.03% | 18.19% | 34.89% | 46.49% | -29.91% | 31.05% | 39.01% | 36.20% | -12.59% |
Correlation
The correlation between GTEC and IWY is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2018 | 0.14 |
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Return for Risk
GTEC vs. IWY — Risk / Return Rank
GTEC
IWY
GTEC vs. IWY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greenland Technologies Holding Corporation (GTEC) and iShares Russell Top 200 Growth ETF (IWY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GTEC | IWY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.91 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.09 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -1.02 | 0.52 | -1.53 |
| Martin ratioReturn relative to average drawdown | -1.49 | 1.50 | -2.99 |
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Drawdowns
GTEC vs. IWY - Drawdown Comparison
The maximum GTEC drawdown since its inception was -96.77%, which is greater than IWY's maximum drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for GTEC and IWY.
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Drawdown Indicators
| GTEC | IWY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.77% | -32.68% | -64.09% |
Max Drawdown (1Y)Largest decline over 1 year | -68.38% | -16.63% | -51.75% |
Max Drawdown (3Y)Largest decline over 3 years | -89.65% | -23.22% | -66.43% |
Max Drawdown (5Y)Largest decline over 5 years | -95.62% | -32.68% | -62.94% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.68% | — |
Current DrawdownCurrent decline from peak | -96.72% | -8.44% | -88.28% |
Average DrawdownAverage peak-to-trough decline | -64.85% | -4.76% | -60.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.84% | 5.70% | +43.14% |
Volatility
GTEC vs. IWY - Volatility Comparison
Greenland Technologies Holding Corporation (GTEC) has a higher volatility of 14.59% compared to iShares Russell Top 200 Growth ETF (IWY) at 6.91%. This indicates that GTEC's price experiences larger fluctuations and is considered to be riskier than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTEC | IWY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.59% | 6.91% | +7.68% |
Volatility (6M)Calculated over the trailing 6-month period | 48.51% | 14.24% | +34.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 96.68% | 17.75% | +78.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 101.20% | 21.81% | +79.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 125.66% | 21.13% | +104.53% |
Dividends
GTEC vs. IWY - Dividend Comparison
GTEC has not paid dividends to shareholders, while IWY's dividend yield for the trailing twelve months is around 0.36%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTEC Greenland Technologies Holding Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IWY iShares Russell Top 200 Growth ETF | 0.36% | 0.36% | 0.42% | 0.68% | 0.88% | 0.50% | 0.71% | 1.06% | 1.32% | 1.26% | 1.51% | 1.58% |
Frequently Asked Questions
GTEC and IWY have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GTEC has higher volatility (14.59%) compared to IWY (6.91%). In terms of maximum drawdown, GTEC dropped -96.77% vs IWY's -32.68%.
IWY currently has the higher Sharpe Ratio (0.48 vs -0.72), 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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