GRN vs EFZ

Comparison between iPath Series B Carbon ETN (GRN, ETF) and ProShares Short MSCI EAFE -1X Shares (EFZ, ETF).

5-Year PerformanceGRN has outperformed EFZ, delivering a return of +7.9% compared to -5.1%

GRN vs EFZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GRN(ETF)	EFZ(ETF)
Net Assets	$12M	$12M
Expense Ratio	0.75%	0.95%
Max Drawdown	47.96%	91.26%
Sharpe Ratio	0.22	-0.98
5Y Beta	0.35	-0.75
5Y Dividends CAGR	N/A	134.24%

Net Assets

GRN

$12M

Winner

EFZ

$12M

Expense Ratio

Winner

GRN

0.75%

EFZ

0.95%

Max Drawdown

Winner

GRN

47.96%

EFZ

91.26%

Sharpe Ratio

Winner

GRN

0.22

EFZ

-0.98

5Y Beta

GRN

0.35

Winner

EFZ

-0.75

5Y Dividends CAGR

GRN

N/A

EFZ

134.24%

GRN vs EFZ - Historical Returns

Returns include dividend reinvestment.

Period	GRN	EFZ
1 month	+2.63%	+1.03%
3 months	+8.08%	-3.77%
6 months	-7.13%	-7.97%
1 year	+4.44%	-12.56%
5 years(CAGR)	+7.89%	-5.12%
10 years(CAGR)	N/A	-8.05%
Max(CAGR)	+16.77%	-7.39%

Winner

GRN

+2.63%

EFZ

+1.03%

Winner

GRN

+8.08%

EFZ

-3.77%

Winner

GRN

-7.13%

EFZ

-7.97%

Winner

GRN

+4.44%

EFZ

-12.56%

5Y(CAGR)

Winner

GRN

+7.89%

EFZ

-5.12%

10Y(CAGR)

GRN

N/A

EFZ

-8.05%

Max(CAGR)

Winner

GRN

+16.77%

EFZ

-7.39%

GRN vs EFZ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GRN	EFZ
2026	-11.78%	-5.34%
2025	+17.79%	-21.27%
2024	-2.66%	+1.59%
2023	-3.61%	-9.72%
2022	-4.36%	+13.70%
2021	+137.17%	-12.38%
2020	+31.54%	-15.18%
2019	-8.41%	-16.68%
2018	N/A	+17.23%
2017	N/A	-19.67%
2016	N/A	-6.34%
2015	N/A	-3.43%
2014	N/A	+1.98%
2013	N/A	-18.85%
2012	N/A	-17.16%
2011	N/A	+3.73%
2010	N/A	-11.79%
2009	N/A	-29.66%
2008	N/A	+37.36%
2007	N/A	+3.65%

GRN vs EFZ Drawdown Comparison

The maximum drawdown for GRN was -47.96%, occurring on Feb 22, 2024. This drawdown has not yet recovered.

The maximum drawdown for EFZ was -88.09%, occurring on Feb 25, 2026. This drawdown has not yet recovered.

The current GRN drawdown is -21.74%. The current EFZ drawdown is -87.70%.

Rank	GRN	EFZ
#1	-47.96% Feb 27, 2023 - Feb 22, 2024	-88.09% Mar 9, 2009 - Feb 25, 2026
#2	-43.58% Sep 16, 2019 - Jul 2, 2020	-25.68% Oct 27, 2008 - Mar 9, 2009
#3	-40.60% Feb 4, 2022 - Aug 17, 2022	-16.09% Oct 10, 2008 - Oct 27, 2008
#4	-33.78% Aug 19, 2022 - Feb 27, 2023	-12.93% Feb 8, 2008 - Jul 2, 2008
#5	-24.66% Sep 14, 2020 - Dec 10, 2020	-11.25% Sep 17, 2008 - Sep 29, 2008
#6	-18.08% Dec 8, 2021 - Feb 2, 2022	-5.93% Nov 19, 2007 - Dec 17, 2007
#7	-15.56% Jul 15, 2020 - Sep 14, 2020	-5.91% Jan 23, 2008 - Feb 7, 2008
#8	-15.03% Sep 27, 2021 - Nov 15, 2021	-5.26% Jul 15, 2008 - Aug 13, 2008
#9	-14.39% Jul 1, 2021 - Aug 27, 2021	-5.23% Sep 29, 2008 - Oct 6, 2008
#10	-13.34% May 14, 2021 - Jun 30, 2021	-3.30% Dec 17, 2007 - Jan 7, 2008
#11	-9.03% Jan 8, 2021 - Feb 2, 2021	-3.14% Oct 25, 2007 - Nov 7, 2007
#12	-8.00% Feb 12, 2021 - Mar 9, 2021	-2.98% Sep 9, 2008 - Sep 15, 2008
#13	-7.11% Mar 17, 2021 - Apr 6, 2021	-2.74% Aug 25, 2008 - Sep 4, 2008
#14	-6.06% Sep 8, 2021 - Sep 24, 2021	-2.24% Nov 12, 2007 - Nov 19, 2007
#15	-4.44% Dec 15, 2020 - Dec 28, 2020	-2.10% Sep 5, 2008 - Sep 9, 2008