ISHG vs. GRNB
Compare and contrast key facts about iShares 1-3 Year International Treasury Bond ETF (ISHG) and VanEck Vectors Green Bond ETF (GRNB).
ISHG and GRNB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISHG is a passively managed fund by iShares that tracks the performance of the S&P/Citigroup International Treasury Bond Index Ex-US 1-3 Year. It was launched on Jan 21, 2009. GRNB is a passively managed fund by VanEck that tracks the performance of the S&P Green Bond Select Index. It was launched on Mar 3, 2017. Both ISHG and GRNB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISHG or GRNB.
Key characteristics
| ISHG | GRNB | |
|---|---|---|
| YTD Return | -1.30% | 4.11% |
| 1Y Return | 4.68% | 10.14% |
| 3Y Return (Ann) | -3.69% | -0.71% |
| 5Y Return (Ann) | -1.58% | 0.85% |
| Sharpe Ratio | 0.63 | 2.15 |
| Sortino Ratio | 0.97 | 3.30 |
| Omega Ratio | 1.12 | 1.40 |
| Calmar Ratio | 0.13 | 0.74 |
| Martin Ratio | 1.52 | 11.34 |
| Ulcer Index | 2.76% | 0.85% |
| Daily Std Dev | 6.60% | 4.48% |
| Max Drawdown | -37.26% | -18.07% |
| Current Drawdown | -29.33% | -4.12% |
Correlation
The correlation between ISHG and GRNB is 0.47, 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.
Performance
ISHG vs. GRNB - Performance Comparison
In the year-to-date period, ISHG achieves a -1.30% return, which is significantly lower than GRNB's 4.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ISHG vs. GRNB - Expense Ratio Comparison
ISHG has a 0.35% expense ratio, which is higher than GRNB's 0.20% expense ratio.
Risk-Adjusted Performance
ISHG vs. GRNB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 1-3 Year International Treasury Bond ETF (ISHG) and VanEck Vectors Green Bond ETF (GRNB). 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.
Dividends
ISHG vs. GRNB - Dividend Comparison
ISHG's dividend yield for the trailing twelve months is around 0.18%, less than GRNB's 3.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISHG iShares 1-3 Year International Treasury Bond ETF | 0.18% | 0.18% | 0.00% | 1.29% | 0.00% | 0.00% | 1.80% | 0.46% | 0.00% | 0.09% | 0.42% | 0.20% |
GRNB VanEck Vectors Green Bond ETF | 3.70% | 3.18% | 2.61% | 1.98% | 2.24% | 1.80% | 1.22% | 1.10% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ISHG vs. GRNB - Drawdown Comparison
The maximum ISHG drawdown since its inception was -37.26%, which is greater than GRNB's maximum drawdown of -18.07%. Use the drawdown chart below to compare losses from any high point for ISHG and GRNB. For additional features, visit the drawdowns tool.
Volatility
ISHG vs. GRNB - Volatility Comparison
iShares 1-3 Year International Treasury Bond ETF (ISHG) has a higher volatility of 2.20% compared to VanEck Vectors Green Bond ETF (GRNB) at 1.06%. This indicates that ISHG's price experiences larger fluctuations and is considered to be riskier than GRNB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.