GRN:ARCA-iPath Global Carbon ETN (USD)

ETF | Commodities Energy | NYSE Arca

Last Closing

USD 26.295

Change

-0.33 (-1.24)%

Market Cap

USD 1.25M

Volume

217.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The iPath? Global Carbon ETN is designed to provide investors with exposure to the Barclays Global Carbon Index Total Return?. The Barclays Global Carbon Index Total Return? (the "Index") is designed to measure the performance of the most liquid carbon-related credit plans. Each carbon-related credit plan included in the Index is represented by the most liquid instrument available in the marketplace. The Index expects to incorporate new carbon-related credit plans as they develop around the world.

Inception Date: 24/06/2008

Primary Benchmark: Barclays Gbl Carbon TR USD

Primary Index: Morningstar Lng-Only Cmdty TR USD

Gross Expense Ratio: 0.75%

Management Expense Ratio: 0.75 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CBOE 11.00 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-26 )

Largest Industry Peers for Commodities Energy

Symbol Name Mer Price(Change) Market Cap
USO United States Oil Fund LP 0.73 %

-1.22 (-1.59%)

USD 1.60B
UNG United States Natural Gas Fund.. 0.70 %

-0.40 (-2.36%)

USD 0.76B
DBO Invesco DB Oil Fund 0.79 %

-0.17 (-1.11%)

USD 0.25B
BNO United States Brent Oil Fund L.. 0.90 %

-0.49 (-1.56%)

USD 0.13B
UGA United States Gasoline Fund LP 0.75 %

-1.24 (-1.83%)

USD 0.13B
DBE Invesco DB Energy Fund 0.76 %

-0.22 (-1.06%)

USD 0.09B
USL United States 12 Month Oil Fun.. 0.86 %

-0.46 (-1.18%)

USD 0.06B
UNL United States 12 Month Natural.. 0.15 %

-0.09 (-1.13%)

USD 0.02B

ETFs Containing GRN

N/A

Market Performance

  Market Performance vs. Industry/Classification (Commodities Energy) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -14.29% 22% F 11% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -14.29% 22% F 10% F
Trailing 12 Months  
Capital Gain -22.41% 33% F 11% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -22.41% 33% F 10% F
Trailing 5 Years  
Capital Gain 634.70% 100% F 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 634.70% 100% F 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 51.60% 89% A- 95% A
Dividend Return 51.60% 89% A- 95% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 63.72% 33% F 13% F
Risk Adjusted Return 80.98% 100% F 95% A
Market Capitalization 1.25M 22% F 13% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.