ZIJMY vs. GRID

Last updated Aug 6, 2026

ZIJMY (Zijin Mining Group Co Ltd ADR) is a stock, while GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) is Infrastructure Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Over the past 10 years, ZIJMY returned 31.14%/yr vs 18.91%/yr for GRID. Their 0.09 correlation means their historical movements had little consistent relationship.

Performance

ZIJMY vs. GRID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zijin Mining Group Co Ltd ADR (ZIJMY) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZIJMY achieves a 0.30% return, which is significantly lower than GRID's 22.54% return. Over the past 10 years, ZIJMY has outperformed GRID with an annualized return of 31.14%, while GRID has yielded a comparatively lower 18.91% annualized return.

ZIJMY

• 1D: 4.27%
• 1M: 14.14%
• 6M: -10.58%
• YTD: 0.30%
• 1Y: 64.84%
• 3Y*: 43.33%
• 5Y*: 28.40%
• 10Y*: 31.14%
• ALL TIME*: 21.01%

GRID

• 1D: -0.06%
• 1M: -0.41%
• 6M: 12.21%
• YTD: 22.54%
• 1Y: 33.13%
• 3Y*: 23.79%
• 5Y*: 15.07%
• 10Y*: 18.91%
• ALL TIME*: 12.76%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	$110.01M	$102.42M	$133.91M
ZIJMY Zijin Mining Group Co Ltd ADR	$6.53M	$5.54M	$3.83M

ZIJMY vs. GRID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ZIJMY Zijin Mining Group Co Ltd ADR	0.30%	151.45%	20.87%	15.79%	10.65%	18.87%	163.70%	9.70%	21.20%	12.34%
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	22.54%	29.65%	15.18%	21.57%	-13.89%	27.65%	48.84%	42.80%	-22.69%	27.44%

Correlation

The correlation between ZIJMY and GRID is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.21
Correlation (5Y) Shows whether the relationship held over a longer period.	0.16
Correlation (10Y) Provides a long-term view across more market conditions.	0.11
Correlation (All Time) Calculated using the full available price history since Dec 23, 2011	0.09

Over the past year, ZIJMY and GRID have become more correlated (0.40) than their long-term average of 0.09, meaning their price movements have been converging.

Return for Risk

ZIJMY vs. GRID — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ZIJMY

ZIJMY Risk / Return Rank: 75
ZIJMY Sharpe Ratio Rank: 80
ZIJMY Sortino Ratio Rank: 74
ZIJMY Omega Ratio Rank: 73
ZIJMY Calmar Ratio Rank: 74
ZIJMY Martin Ratio Rank: 73

GRID

GRID Risk / Return Rank: 51
GRID Sharpe Ratio Rank: 51
GRID Sortino Ratio Rank: 48
GRID Omega Ratio Rank: 49
GRID Calmar Ratio Rank: 51
GRID Martin Ratio Rank: 55

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ZIJMY vs. GRID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zijin Mining Group Co Ltd ADR (ZIJMY) 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.

	ZIJMY	GRID	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.44	-0.16
Sortino ratio: Return per unit of downside risk	1.78	1.98	-0.20
Omega ratio: Gain probability vs. loss probability	1.22	1.26	-0.03
Calmar ratio: Return relative to maximum drawdown	1.65	2.10	-0.46
Martin ratio: Return relative to average drawdown	3.63	7.41	-3.78

ZIJMY vs. GRID - Sharpe Ratio Comparison

The current ZIJMY Sharpe Ratio is 1.28, which is comparable to the GRID Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of ZIJMY and GRID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ZIJMY vs. GRID - Drawdown Comparison

The maximum ZIJMY drawdown since its inception was -61.63%, which is greater than GRID's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for ZIJMY and GRID.

Drawdown Indicators

	ZIJMY	GRID	Difference
Max Drawdown Largest peak-to-trough decline	-61.63%	-40.56%	-21.07%
Max Drawdown (1Y) Largest decline over 1 year	-39.52%	-15.82%	-23.70%
Max Drawdown (3Y) Largest decline over 3 years	-39.52%	-20.62%	-18.90%
Max Drawdown (5Y) Largest decline over 5 years	-43.04%	-29.64%	-13.40%
Max Drawdown (10Y) Largest decline over 10 years	-49.32%	-40.56%	-8.76%
Current Drawdown Current decline from peak	-22.13%	-6.20%	-15.93%
Average Drawdown Average peak-to-trough decline	-23.23%	-8.42%	-14.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.92%	4.48%	+13.44%

Volatility

ZIJMY vs. GRID - Volatility Comparison

Zijin Mining Group Co Ltd ADR (ZIJMY) has a higher volatility of 11.87% compared to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) at 8.70%. This indicates that ZIJMY's price experiences larger fluctuations and is considered to be riskier than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZIJMY	GRID	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.87%	8.70%	+3.17%
Volatility (6M) Calculated over the trailing 6-month period	36.32%	20.46%	+15.86%
Volatility (1Y) Calculated over the trailing 1-year period	51.09%	23.19%	+27.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.70%	21.73%	+22.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.15%	22.83%	+24.32%

Dividends

ZIJMY vs. GRID - Dividend Comparison

ZIJMY's dividend yield for the trailing twelve months is around 3.34%, more than GRID's 0.77% 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	0.77%	1.01%	1.06%	1.23%	1.26%	0.63%	0.68%	1.26%	1.28%	1.07%	1.07%	1.23%
ZIJMY Zijin Mining Group Co Ltd ADR	3.34%	1.52%	2.02%	2.30%	2.19%	0.89%	0.95%	2.75%	2.85%	4.88%	3.49%	4.90%

Frequently Asked Questions

Can I hold both ZIJMY and GRID in my portfolio?

ZIJMY and GRID have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ZIJMY or GRID?

ZIJMY has higher volatility (11.87%) compared to GRID (8.70%). In terms of maximum drawdown, ZIJMY dropped -61.63% vs GRID's -40.56%.

Which has better risk-adjusted returns?

GRID currently has the higher Sharpe Ratio (1.44 vs 1.28), 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.