RYCEY vs. GRID
RYCEY (Rolls-Royce Holdings plc) is a stock, while GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) is Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Over the past 10 years, RYCEY returned 7.64%/yr vs 18.45%/yr for GRID. At a 0.42 correlation, their price movements are largely independent.
Performance
RYCEY vs. GRID - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with RYCEY having a 15.83% return and GRID slightly higher at 16.26%. Over the past 10 years, RYCEY has underperformed GRID with an annualized return of 7.64%, while GRID has yielded a comparatively higher 18.45% annualized return.
RYCEY
- 1D
- -1.25%
- 1M
- -3.36%
- 6M
- 4.11%
- YTD
- 15.83%
- 1Y
- 33.75%
- 3Y*
- 111.25%
- 5Y*
- 68.92%
- 10Y*
- 7.64%
- ALL TIME*
- -11.47%
GRID
- 1D
- -0.43%
- 1M
- -8.67%
- 6M
- 11.72%
- YTD
- 16.26%
- 1Y
- 25.15%
- 3Y*
- 19.51%
- 5Y*
- 14.88%
- 10Y*
- 18.45%
- ALL TIME*
- 12.44%
RYCEY vs. GRID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RYCEY Rolls-Royce Holdings plc | 15.83% | 123.64% | 88.21% | 253.27% | -33.95% | 2.53% | -82.05% | -12.69% | -7.35% | 40.70% |
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 16.26% | 29.65% | 15.18% | 21.57% | -13.89% | 27.65% | 48.84% | 42.80% | -22.69% | 27.44% |
Correlation
The correlation between RYCEY and GRID is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2014 | 0.42 |
The correlation between RYCEY and GRID shifts across timeframes, from 0.42 (all time) to 0.53 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
RYCEY vs. GRID — Risk / Return Rank
RYCEY
GRID
RYCEY vs. GRID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rolls-Royce Holdings plc (RYCEY) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). 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.
| RYCEY | GRID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.21 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.15 | -0.60 |
| Martin ratioReturn relative to average drawdown | 4.32 | 6.50 | -2.18 |
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Drawdowns
RYCEY vs. GRID - Drawdown Comparison
The maximum RYCEY drawdown since its inception was -99.07%, which is greater than GRID's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for RYCEY and GRID.
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Drawdown Indicators
| RYCEY | GRID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -40.56% | -58.51% |
Max Drawdown (1Y)Largest decline over 1 year | -21.75% | -11.73% | -10.02% |
Max Drawdown (3Y)Largest decline over 3 years | -23.37% | -20.62% | -2.75% |
Max Drawdown (5Y)Largest decline over 5 years | -62.01% | -29.64% | -32.37% |
Max Drawdown (10Y)Largest decline over 10 years | -94.64% | -40.56% | -54.08% |
Current DrawdownCurrent decline from peak | -77.01% | -11.01% | -66.00% |
Average DrawdownAverage peak-to-trough decline | -84.09% | -8.41% | -75.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.83% | 3.88% | +3.95% |
Volatility
RYCEY vs. GRID - Volatility Comparison
The current volatility for Rolls-Royce Holdings plc (RYCEY) is 8.23%, while First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) has a volatility of 8.76%. This indicates that RYCEY experiences smaller price fluctuations and is considered to be less risky than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RYCEY | GRID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.23% | 8.76% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 33.05% | 19.36% | +13.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.40% | 22.09% | +16.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.23% | 21.51% | +21.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.27% | 22.72% | +26.55% |
Dividends
RYCEY vs. GRID - Dividend Comparison
RYCEY's dividend yield for the trailing twelve months is around 0.70%, less than GRID's 0.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 0.81% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
RYCEY Rolls-Royce Holdings plc | 0.70% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 5.51% | 1.56% | 1.32% | 1.55% | 4.19% | 14.44% |
Frequently Asked Questions
RYCEY and GRID have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GRID has higher volatility (8.76%) compared to RYCEY (8.23%). In terms of maximum drawdown, RYCEY dropped -99.07% vs GRID's -40.56%.
GRID currently has the higher Sharpe Ratio (1.15 vs 0.88), 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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