GRN vs QOWZ

Comparison between iPath Series B Carbon ETN (GRN, ETF) and Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ, ETF).

GRN vs QOWZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GRN(ETF)	QOWZ(ETF)
Net Assets	$11M	$11M
Expense Ratio	0.75%	0.39%
Max Drawdown	47.96%	20.43%
Sharpe Ratio	0.72	-0.52
5Y Beta	0.38	1.05
P/E Ratio	N/A	29.92
Forward P/E	N/A	21.04
PEG Ratio	N/A	0.58
5Y EPS CAGR	N/A	34.51%
Debt to Equity	N/A	67.07%
P/S Ratio	N/A	5.08
P/B Ratio	N/A	6.88

Net Assets

GRN

$11M

QOWZ

$11M

Expense Ratio

GRN

0.75%

Winner

QOWZ

0.39%

Max Drawdown

GRN

47.96%

Winner

QOWZ

20.43%

Sharpe Ratio

Winner

GRN

0.72

QOWZ

-0.52

5Y Beta

Winner

GRN

0.38

QOWZ

1.05

P/E Ratio

GRN

N/A

QOWZ

29.92

Forward P/E

GRN

N/A

QOWZ

21.04

PEG Ratio

GRN

N/A

QOWZ

0.58

5Y EPS CAGR

GRN

N/A

QOWZ

34.51%

Debt to Equity

GRN

N/A

QOWZ

67.07%

P/S Ratio

GRN

N/A

QOWZ

5.08

P/B Ratio

GRN

N/A

QOWZ

6.88

GRN vs QOWZ - Historical Returns

Returns include dividend reinvestment.

Period	GRN	QOWZ
1 month	+4.66%	+2.68%
3 months	+13.72%	+1.79%
6 months	-2.89%	-5.34%
1 year	+21.53%	-6.38%
5 years(CAGR)	+10.84%	N/A
Max(CAGR)	+18.07%	+14.63%

Winner

GRN

+4.66%

QOWZ

+2.68%

Winner

GRN

+13.72%

QOWZ

+1.79%

Winner

GRN

-2.89%

QOWZ

-5.34%

Winner

GRN

+21.53%

QOWZ

-6.38%

5Y(CAGR)

GRN

+10.84%

QOWZ

N/A

Max(CAGR)

Winner

GRN

+18.07%

QOWZ

+14.63%

GRN vs QOWZ - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	GRN	QOWZ
2026	-2.99%	-5.00%
2025	+17.79%	+7.27%
2024	-2.66%	+35.12%
2023	-3.61%	+6.47%
2022	-4.36%	N/A
2021	+137.17%	N/A
2020	+31.54%	N/A
2019	-8.41%	N/A

GRN vs QOWZ 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 QOWZ was -20.36%, occurring on Apr 8, 2025. Recovery took 108 trading sessions.

The current GRN drawdown is -13.94%. The current QOWZ drawdown is -9.42%.

Rank	GRN	QOWZ
#1	-47.96% Feb 27, 2023 - Feb 22, 2024	-20.36% Jan 23, 2025 - Jun 30, 2025
#2	-43.58% Sep 16, 2019 - Jul 2, 2020	-17.81% Oct 28, 2025 - Mar 27, 2026
#3	-40.60% Feb 4, 2022 - Aug 17, 2022	-8.60% Mar 7, 2024 - Jun 10, 2024
#4	-33.78% Aug 19, 2022 - Feb 27, 2023	-7.88% Jul 16, 2024 - Aug 19, 2024
#5	-24.66% Sep 14, 2020 - Dec 10, 2020	-5.66% Dec 4, 2024 - Jan 22, 2025
#6	-18.08% Dec 8, 2021 - Feb 2, 2022	-5.46% Aug 23, 2024 - Sep 19, 2024
#7	-15.56% Jul 15, 2020 - Sep 14, 2020	-3.87% Nov 11, 2024 - Dec 4, 2024
#8	-15.03% Sep 27, 2021 - Nov 15, 2021	-3.79% Sep 22, 2025 - Oct 21, 2025
#9	-14.39% Jul 1, 2021 - Aug 27, 2021	-3.63% Oct 14, 2024 - Nov 6, 2024
#10	-13.34% May 14, 2021 - Jun 30, 2021	-3.59% Dec 28, 2023 - Jan 11, 2024
#11	-9.03% Jan 8, 2021 - Feb 2, 2021	-3.17% Jul 28, 2025 - Sep 11, 2025
#12	-8.00% Feb 12, 2021 - Mar 9, 2021	-2.97% Feb 9, 2024 - Feb 22, 2024
#13	-7.11% Mar 17, 2021 - Apr 6, 2021	-2.44% Jun 18, 2024 - Jul 5, 2024
#14	-6.06% Sep 8, 2021 - Sep 24, 2021	-1.76% Dec 19, 2023 - Dec 26, 2023
#15	-4.44% Dec 15, 2020 - Dec 28, 2020	-1.58% Jul 9, 2025 - Jul 23, 2025