GRNB vs BSL

Comparison between VANECK GREEN BOND ETF (GRNB, ETF) and Blackstone Senior Floating Rate 2027 Term Fund (BSL, ETF).

5-Year PerformanceBSL has outperformed GRNB, delivering a return of +3.7% compared to +0.7%

GRNB vs BSL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GRNB(ETF)	BSL(ETF)
Net Assets	$177M	$176M
Expense Ratio	0.20%	N/A
Max Drawdown	21.44%	57.08%
Sharpe Ratio	0.23	-0.71
5Y Beta	0.07	0.20
5Y Dividends CAGR	12.75%	3.76%

Net Assets

Winner

GRNB

$177M

BSL

$176M

Expense Ratio

GRNB

0.20%

BSL

N/A

Max Drawdown

Winner

GRNB

21.44%

BSL

57.08%

Sharpe Ratio

Winner

GRNB

0.23

BSL

-0.71

5Y Beta

Winner

GRNB

0.07

BSL

0.20

5Y Dividends CAGR

Winner

GRNB

12.75%

BSL

3.76%

GRNB vs BSL - Historical Returns

Returns include dividend reinvestment.

Period	GRNB	BSL
1 month	+0.03%	-1.57%
3 months	-0.18%	+2.67%
6 months	+0.48%	-1.87%
1 year	+4.44%	-1.67%
5 years(CAGR)	+0.72%	+3.65%
10 years(CAGR)	+2.21%	+5.82%
Max(CAGR)	+2.21%	+4.72%

Winner

GRNB

+0.03%

BSL

-1.57%

GRNB

-0.18%

Winner

BSL

+2.67%

Winner

GRNB

+0.48%

BSL

-1.87%

Winner

GRNB

+4.44%

BSL

-1.67%

5Y(CAGR)

GRNB

+0.72%

Winner

BSL

+3.65%

10Y(CAGR)

GRNB

+2.21%

Winner

BSL

+5.82%

Max(CAGR)

GRNB

+2.21%

Winner

BSL

+4.72%

GRNB vs BSL - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	GRNB	BSL
2026	+0.18%	-1.65%
2025	+6.97%	+1.72%
2024	+3.92%	+18.03%
2023	+6.98%	+18.66%
2022	-11.47%	-22.30%
2021	-2.31%	+28.50%
2020	+7.80%	-4.31%
2019	+5.96%	+11.88%
2018	-4.22%	-7.41%
2017	+9.87%	+5.87%
2016	N/A	+31.56%
2015	N/A	-6.15%
2014	N/A	-4.74%
2013	N/A	-1.90%
2012	N/A	+17.78%
2011	N/A	-1.24%
2010	N/A	+3.21%

GRNB vs BSL Drawdown Comparison

The maximum drawdown for GRNB was -18.08%, occurring on Oct 20, 2022. Recovery took 1158 trading sessions.

The maximum drawdown for BSL was -43.82%, occurring on Mar 18, 2020. Recovery took 413 trading sessions.

The current GRNB drawdown is -0.80%. The current BSL drawdown is -4.34%.

Rank	GRNB	BSL
#1	-18.08% Dec 31, 2020 - Aug 13, 2025	-43.82% Aug 8, 2019 - Mar 30, 2021
#2	-7.73% Jan 25, 2018 - Aug 7, 2019	-26.92% Apr 26, 2013 - Nov 14, 2016
#3	-7.31% Mar 6, 2020 - Jun 19, 2020	-24.49% Dec 31, 2021 - Mar 12, 2024
#4	-2.83% Sep 7, 2017 - Dec 26, 2017	-16.90% Jul 12, 2011 - Apr 3, 2012
#5	-2.50% Feb 27, 2026 - Mar 27, 2026	-14.81% Sep 24, 2018 - Jul 3, 2019
#6	-2.30% Aug 15, 2019 - Jan 24, 2020	-7.85% Sep 8, 2025 - Mar 9, 2026
#7	-1.38% Dec 26, 2017 - Jan 16, 2018	-7.24% Jun 2, 2010 - Nov 2, 2010
#8	-1.21% Aug 6, 2020 - Nov 30, 2020	-6.98% Apr 5, 2012 - Aug 15, 2012
#9	-1.01% Mar 27, 2017 - Apr 18, 2017	-6.91% May 4, 2021 - Oct 14, 2021
#10	-1.00% Aug 3, 2017 - Aug 25, 2017	-6.82% Oct 5, 2012 - Dec 13, 2012
#11	-0.89% May 2, 2017 - May 16, 2017	-6.41% Feb 19, 2013 - Apr 22, 2013
#12	-0.86% Mar 6, 2017 - Mar 15, 2017	-5.95% Mar 17, 2011 - Apr 19, 2011
#13	-0.84% Jun 28, 2017 - Jul 14, 2017	-5.70% May 2, 2011 - Jul 12, 2011
#14	-0.75% Aug 29, 2017 - Sep 7, 2017	-5.06% Feb 4, 2025 - Jun 25, 2025
#15	-0.71% Oct 27, 2025 - Nov 28, 2025	-4.91% May 11, 2017 - Dec 28, 2017

Correlation

Correlation between GRNB and BSL is 0.56 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.56

-101

Dividend Comparison (2010 - 2026)

GRNB vs BSL dividend yield comparison.

Year	GRNB	BSL
2026	1.74%	2.69%
2025	4.18%	8.45%
2024	3.83%	9.46%
2023	3.17%	10.76%
2022	2.60%	6.89%
2021	1.97%	5.75%
2020	2.24%	7.65%
2019	1.79%	8.15%
2018	1.21%	9.21%
2017	1.09%	5.93%
2016	0.00%	5.86%
2015	0.00%	7.27%
2014	0.00%	7.23%
2013	0.00%	6.42%
2012	0.00%	6.98%
2011	0.00%	7.52%
2010	0.00%	3.31%