PYPL vs. GFOF
Compare and contrast key facts about PayPal Holdings, Inc. (PYPL) and Grayscale Future of Finance ETF (GFOF).
GFOF is a passively managed fund by Grayscale that tracks the performance of the Bloomberg Grayscale Future of Finance Index. It was launched on Feb 1, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PYPL or GFOF.
Correlation
The correlation between PYPL and GFOF is 0.64, 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
PYPL vs. GFOF - Performance Comparison
Key characteristics
Returns By Period
PYPL
-24.11%
-8.59%
-20.42%
-0.11%
-11.66%
N/A
GFOF
N/A
N/A
N/A
N/A
N/A
N/A
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Risk-Adjusted Performance
PYPL vs. GFOF — Risk-Adjusted Performance Rank
PYPL
GFOF
PYPL vs. GFOF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PayPal Holdings, Inc. (PYPL) and Grayscale Future of Finance ETF (GFOF). 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
PYPL vs. GFOF - Dividend Comparison
Neither PYPL nor GFOF has paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
PYPL PayPal Holdings, Inc. | 0.00% | 0.00% | 0.00% |
GFOF Grayscale Future of Finance ETF | 2.55% | 2.55% | 4.08% |
Drawdowns
PYPL vs. GFOF - Drawdown Comparison
Volatility
PYPL vs. GFOF - Volatility Comparison
PayPal Holdings, Inc. (PYPL) has a higher volatility of 18.60% compared to Grayscale Future of Finance ETF (GFOF) at 0.00%. This indicates that PYPL's price experiences larger fluctuations and is considered to be riskier than GFOF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.