NGG vs. GSG
Compare and contrast key facts about National Grid plc (NGG) and iShares S&P GSCI Commodity-Indexed Trust (GSG).
GSG is a passively managed fund by iShares that tracks the performance of the S&P GSCI Total Return Index. It was launched on Jul 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGG or GSG.
Performance
NGG vs. GSG - Performance Comparison
Returns By Period
In the year-to-date period, NGG achieves a 3.94% return, which is significantly lower than GSG's 5.68% return. Over the past 10 years, NGG has outperformed GSG with an annualized return of 4.98%, while GSG has yielded a comparatively lower -2.27% annualized return.
NGG
3.94%
-6.50%
-2.82%
10.41%
8.98%
4.98%
GSG
5.68%
1.00%
-5.53%
0.57%
6.57%
-2.27%
Key characteristics
| NGG | GSG | |
|---|---|---|
| Sharpe Ratio | 0.49 | 0.12 |
| Sortino Ratio | 0.73 | 0.28 |
| Omega Ratio | 1.12 | 1.03 |
| Calmar Ratio | 0.56 | 0.03 |
| Martin Ratio | 1.81 | 0.37 |
| Ulcer Index | 6.49% | 5.26% |
| Daily Std Dev | 23.81% | 16.23% |
| Max Drawdown | -54.85% | -89.62% |
| Current Drawdown | -9.79% | -71.91% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between NGG and GSG is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
NGG vs. GSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Grid plc (NGG) and iShares S&P GSCI Commodity-Indexed Trust (GSG). 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
NGG vs. GSG - Dividend Comparison
NGG's dividend yield for the trailing twelve months is around 11.31%, while GSG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGG National Grid plc | 11.31% | 5.20% | 5.18% | 4.75% | 5.32% | 4.94% | 6.44% | 24.15% | 5.07% | 4.73% | 7.86% | 4.82% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NGG vs. GSG - Drawdown Comparison
The maximum NGG drawdown since its inception was -54.85%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for NGG and GSG. For additional features, visit the drawdowns tool.
Volatility
NGG vs. GSG - Volatility Comparison
The current volatility for National Grid plc (NGG) is 5.22%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 5.55%. This indicates that NGG experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.