Performance analysis of GRN (iPath Series B Carbon ETN)
Annual Return
Over the past 3 years, GRN has had an average annual return of +0.39%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, GRN has had an average annual return of +9.54%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Sep 10, 2019, GRN has had an average annual return of +17.24%, outperforming the benchmark SPY, which returned +16.50% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -8.60% | +20.34% | -7.34% | -2.99% | -0.07% | +147.21% | +30.47% | -8.41% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.75% | -13.98% | +4.57% | +1.33% | +8.95% | -1.29% | -8.60% | ||||||
| 2025 | +14.68% | -14.99% | -3.63% | -1.81% | +5.46% | -1.27% | +4.91% | +1.01% | +4.21% | +3.92% | +6.17% | +2.82% | +20.34% |
| 2024 | -19.36% | -11.37% | +10.05% | +12.57% | +6.72% | -8.78% | +3.38% | +1.68% | -6.54% | -2.02% | +7.26% | +4.12% | -7.34% |
| 2023 | +13.62% | +7.16% | -7.24% | -5.12% | -6.35% | +11.12% | -2.73% | -0.44% | -5.08% | -2.11% | -11.14% | +8.79% | -2.99% |
| 2022 | +11.12% | -8.27% | -6.79% | +9.15% | +0.39% | +6.41% | -11.81% | +2.59% | -17.99% | +21.75% | +7.96% | -7.50% | -0.07% |
| 2021 | +1.93% | +12.91% | +13.63% | +16.29% | +5.08% | +10.21% | -6.56% | +13.48% | +1.42% | -4.82% | +29.15% | +6.18% | +147.21% |
| 2020 | -2.96% | -1.27% | -24.92% | +9.81% | +10.04% | +26.07% | -2.66% | +9.44% | -6.27% | -12.19% | +23.04% | +10.38% | +30.47% |
| 2019 | -7.89% | +3.93% | -1.51% | -2.85% | -8.41% |
Drawdown analysis of GRN (iPath Series B Carbon ETN)
The maximum drawdown for the GRN was -47.96%, occurring on Feb 22, 2024. This drawdown has not yet recovered.
The current GRN drawdown is -19.73%.
Since Sep 10, 2019 GRN has experienced the following drawdowns:
- 40% or more: 3 times
- 30% or more: 4 times
- 20% or more: 5 times
- 10% or more: 10 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.96% | Feb 27, 2023 | 248 | Feb 22, 2024 | Ongoing | Ongoing | Ongoing |
| -43.58% | Sep 16, 2019 | 127 | Mar 18, 2020 | 73 | Jul 2, 2020 | 200 |
| -40.60% | Feb 4, 2022 | 20 | Mar 7, 2022 | 113 | Aug 17, 2022 | 133 |
| -33.78% | Aug 19, 2022 | 27 | Sep 28, 2022 | 103 | Feb 27, 2023 | 130 |
| -24.66% | Sep 14, 2020 | 32 | Oct 28, 2020 | 30 | Dec 10, 2020 | 62 |
| -18.08% | Dec 8, 2021 | 7 | Dec 17, 2021 | 31 | Feb 2, 2022 | 38 |
| -15.55% | Jul 15, 2020 | 4 | Jul 27, 2020 | 34 | Sep 14, 2020 | 38 |
| -15.03% | Sep 27, 2021 | 16 | Oct 19, 2021 | 19 | Nov 15, 2021 | 35 |
| -14.39% | Jul 1, 2021 | 14 | Jul 22, 2021 | 26 | Aug 27, 2021 | 40 |
| -13.34% | May 14, 2021 | 3 | May 19, 2021 | 29 | Jun 30, 2021 | 32 |
| -9.03% | Jan 8, 2021 | 5 | Jan 15, 2021 | 11 | Feb 2, 2021 | 16 |
| -8.00% | Feb 12, 2021 | 10 | Mar 1, 2021 | 6 | Mar 9, 2021 | 16 |
| -7.10% | Mar 17, 2021 | 6 | Mar 25, 2021 | 7 | Apr 6, 2021 | 13 |
| -6.06% | Sep 8, 2021 | 6 | Sep 16, 2021 | 6 | Sep 24, 2021 | 12 |
| -4.44% | Dec 15, 2020 | 4 | Dec 21, 2020 | 4 | Dec 28, 2020 | 8 |
| -3.85% | Dec 28, 2020 | 2 | Dec 30, 2020 | 2 | Jan 4, 2021 | 4 |
| -2.85% | Feb 10, 2021 | 1 | Feb 11, 2021 | 1 | Feb 12, 2021 | 2 |
| -2.47% | Dec 2, 2021 | 1 | Dec 3, 2021 | 1 | Dec 6, 2021 | 2 |
| -2.21% | Jan 4, 2021 | 1 | Jan 5, 2021 | 2 | Jan 7, 2021 | 3 |
| -2.18% | Apr 6, 2021 | 2 | Apr 8, 2021 | 2 | Apr 12, 2021 | 4 |
| -2.12% | May 3, 2021 | 1 | May 4, 2021 | 2 | May 6, 2021 | 3 |
| -2.09% | Jul 8, 2020 | 1 | Jul 10, 2020 | 1 | Jul 15, 2020 | 2 |
| -1.83% | Sep 10, 2019 | 2 | Sep 12, 2019 | 2 | Sep 16, 2019 | 4 |
| -1.75% | Apr 12, 2021 | 1 | Apr 13, 2021 | 3 | Apr 16, 2021 | 4 |
| -1.70% | Mar 12, 2021 | 2 | Mar 16, 2021 | 1 | Mar 17, 2021 | 3 |