IBDRY vs. GNOM
IBDRY (Iberdrola SA) is a stock, while GNOM (Global X Genomics & Biotechnology ETF) is Health & Biotech Equities fund tracking the Solactive Genomics Index. Over the past 5 years, IBDRY returned 19.26%/yr vs -11.06%/yr for GNOM. At a 0.27 correlation, their price movements are largely independent.
Performance
IBDRY vs. GNOM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBDRY achieves a 13.32% return, which is significantly lower than GNOM's 14.90% return.
IBDRY
- 1D
- -0.37%
- 1M
- 6.27%
- YTD
- 13.32%
- 6M
- 14.04%
- 1Y
- 30.03%
- 3Y*
- 30.08%
- 5Y*
- 19.26%
- 10Y*
- 20.87%
GNOM
- 1D
- 0.90%
- 1M
- 12.22%
- YTD
- 14.90%
- 6M
- 11.42%
- 1Y
- 61.83%
- 3Y*
- 2.88%
- 5Y*
- -11.06%
- 10Y*
- —
IBDRY vs. GNOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IBDRY Iberdrola SA | 13.32% | 65.75% | 10.02% | 17.36% | 3.59% | -15.13% | 44.34% | 18.19% |
GNOM Global X Genomics & Biotechnology ETF | 14.90% | 18.65% | -15.99% | -8.63% | -36.27% | -15.93% | 51.52% | 2.03% |
Correlation
The correlation between IBDRY and GNOM is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 10, 2019 | 0.27 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBDRY vs. GNOM — Risk / Return Rank
IBDRY
GNOM
IBDRY vs. GNOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Iberdrola SA (IBDRY) and Global X Genomics & Biotechnology ETF (GNOM). 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.
| IBDRY | GNOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 3.42 | -0.13 |
| Martin ratioReturn relative to average drawdown | 8.40 | 9.81 | -1.41 |
Loading charts...
Drawdowns
IBDRY vs. GNOM - Drawdown Comparison
The maximum IBDRY drawdown since its inception was -77.08%, roughly equal to the maximum GNOM drawdown of -75.00%. Use the drawdown chart below to compare losses from any high point for IBDRY and GNOM.
Loading charts...
Drawdown Indicators
| IBDRY | GNOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.08% | -75.00% | -2.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.17% | -18.17% | +9.00% |
Max Drawdown (3Y)Largest decline over 3 years | -19.11% | -44.24% | +25.13% |
Max Drawdown (5Y)Largest decline over 5 years | -26.79% | -72.29% | +45.50% |
Max Drawdown (10Y)Largest decline over 10 years | -37.43% | — | — |
Current DrawdownCurrent decline from peak | -0.37% | -52.52% | +52.15% |
Average DrawdownAverage peak-to-trough decline | -29.41% | -40.63% | +11.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 6.32% | -2.74% |
Volatility
IBDRY vs. GNOM - Volatility Comparison
The current volatility for Iberdrola SA (IBDRY) is 4.89%, while Global X Genomics & Biotechnology ETF (GNOM) has a volatility of 9.34%. This indicates that IBDRY experiences smaller price fluctuations and is considered to be less risky than GNOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBDRY | GNOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 9.34% | -4.45% |
Volatility (6M)Calculated over the trailing 6-month period | 13.74% | 20.57% | -6.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.68% | 27.29% | -9.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.35% | 33.68% | -12.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.99% | 34.17% | -11.18% |
Dividends
IBDRY vs. GNOM - Dividend Comparison
IBDRY's dividend yield for the trailing twelve months is around 3.25%, more than GNOM's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNOM Global X Genomics & Biotechnology ETF | 1.20% | 1.37% | 0.00% | 0.00% | 0.00% | 0.03% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBDRY Iberdrola SA | 3.25% | 4.18% | 4.38% | 4.11% | 4.14% | 3.77% | 2.83% | 3.01% | 3.76% | 7.28% | 10.00% | 1.71% |
Frequently Asked Questions
IBDRY and GNOM have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GNOM has higher volatility (9.34%) compared to IBDRY (4.89%). In terms of maximum drawdown, IBDRY dropped -77.08% vs GNOM's -75.00%.
GNOM currently has the higher Sharpe Ratio (2.28 vs 1.72), 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.
Find the right allocation for IBDRY and GNOM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer