HVAC vs GRN

Comparison between ADVISORSHARES HVAC AND INDUSTRIALS ETF (HVAC, ETF) and iPath Series B Carbon ETN (GRN, ETF).

HVAC vs GRN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HVAC(ETF)	GRN(ETF)
Net Assets	$12M	$12M
Expense Ratio	1.00%	0.75%
Max Drawdown	21.22%	47.96%
Sharpe Ratio	1.46	0.22
5Y Beta	1.27	0.35
P/E Ratio	46.90	N/A
Forward P/E	32.13	N/A
PEG Ratio	0.58	N/A
5Y EPS CAGR	20.95%	N/A
Debt to Equity	59.60%	N/A
P/S Ratio	3.70	N/A
P/B Ratio	7.59	N/A

Net Assets

HVAC

$12M

GRN

$12M

Expense Ratio

HVAC

1.00%

Winner

GRN

0.75%

Max Drawdown

Winner

HVAC

21.22%

GRN

47.96%

Sharpe Ratio

Winner

HVAC

1.46

GRN

0.22

5Y Beta

HVAC

1.27

Winner

GRN

0.35

P/E Ratio

HVAC

46.90

GRN

N/A

Forward P/E

HVAC

32.13

GRN

N/A

PEG Ratio

HVAC

0.58

GRN

N/A

5Y EPS CAGR

HVAC

20.95%

GRN

N/A

Debt to Equity

HVAC

59.60%

GRN

N/A

P/S Ratio

HVAC

3.70

GRN

N/A

P/B Ratio

HVAC

7.59

GRN

N/A

HVAC vs GRN - Historical Returns

Returns include dividend reinvestment.

Period	HVAC	GRN
1 month	-2.69%	+2.63%
3 months	+14.42%	+8.08%
6 months	+22.96%	-7.13%
1 year	+48.23%	+4.44%
5 years(CAGR)	N/A	+7.89%
Max(CAGR)	+41.44%	+16.77%

HVAC

-2.69%

Winner

GRN

+2.63%

Winner

HVAC

+14.42%

GRN

+8.08%

Winner

HVAC

+22.96%

GRN

-7.13%

Winner

HVAC

+48.23%

GRN

+4.44%

5Y(CAGR)

HVAC

N/A

GRN

+7.89%

Max(CAGR)

Winner

HVAC

+41.44%

GRN

+16.77%

HVAC vs GRN - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	HVAC	GRN
2026	+24.01%	-11.78%
2025	+24.04%	+17.79%
2024	N/A	-2.66%
2023	N/A	-3.61%
2022	N/A	-4.36%
2021	N/A	+137.17%
2020	N/A	+31.54%
2019	N/A	-8.41%

HVAC vs GRN Drawdown Comparison

The maximum drawdown for HVAC was -21.22%, occurring on Apr 8, 2025. Recovery took 66 trading sessions.

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

The current HVAC drawdown is -6.60%. The current GRN drawdown is -21.74%.

Rank	HVAC	GRN
#1	-21.22% Feb 5, 2025 - May 12, 2025	-47.96% Feb 27, 2023 - Feb 22, 2024
#2	-14.83% Feb 25, 2026 - Apr 13, 2026	-43.58% Sep 16, 2019 - Jul 2, 2020
#3	-10.48% May 6, 2026 - May 19, 2026	-40.60% Feb 4, 2022 - Aug 17, 2022
#4	-9.72% Nov 10, 2025 - Jan 13, 2026	-33.78% Aug 19, 2022 - Feb 27, 2023
#5	-5.14% Feb 3, 2026 - Feb 9, 2026	-24.66% Sep 14, 2020 - Dec 10, 2020
#6	-4.39% Aug 28, 2025 - Sep 18, 2025	-18.08% Dec 8, 2021 - Feb 2, 2022
#7	-3.90% Sep 22, 2025 - Oct 8, 2025	-15.56% Jul 15, 2020 - Sep 14, 2020
#8	-3.07% Oct 8, 2025 - Oct 15, 2025	-15.03% Sep 27, 2021 - Nov 15, 2021
#9	-3.05% May 19, 2025 - Jun 3, 2025	-14.39% Jul 1, 2021 - Aug 27, 2021
#10	-2.86% Oct 20, 2025 - Oct 23, 2025	-13.34% May 14, 2021 - Jun 30, 2021
#11	-2.70% Apr 14, 2026 - Apr 17, 2026	-9.03% Jan 8, 2021 - Feb 2, 2021
#12	-2.60% Oct 31, 2025 - Nov 5, 2025	-8.00% Feb 12, 2021 - Mar 9, 2021
#13	-2.55% Apr 27, 2026 - May 5, 2026	-7.11% Mar 17, 2021 - Apr 6, 2021
#14	-2.50% Aug 13, 2025 - Aug 27, 2025	-6.06% Sep 8, 2021 - Sep 24, 2021
#15	-2.20% Aug 4, 2025 - Aug 12, 2025	-4.44% Dec 15, 2020 - Dec 28, 2020