ARGT vs GGN

Comparison between GLOBAL X MSCI ARGENTINA ETF (ARGT, ETF) and GAMCO Global Gold Natural Resources & Income Trust (GGN, ETF).

5-Year PerformanceARGT has outperformed GGN, delivering a return of +26.0% compared to +13.1%

ARGT vs GGN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARGT(ETF)	GGN(ETF)
Net Assets	$896M	$897M
Expense Ratio	0.59%	N/A
Max Drawdown	62.59%	93.33%
Sharpe Ratio	0.24	0.68
5Y Beta	1.03	0.39
P/E Ratio	22.64	N/A
Forward P/E	7.90	N/A
5Y Dividends CAGR	60.20%	0.52%
P/S Ratio	0.00	N/A
P/B Ratio	1.82	N/A

Net Assets

ARGT

$896M

Winner

GGN

$897M

Expense Ratio

ARGT

0.59%

GGN

N/A

Max Drawdown

Winner

ARGT

62.59%

GGN

93.33%

Sharpe Ratio

ARGT

0.24

Winner

GGN

0.68

5Y Beta

ARGT

1.03

Winner

GGN

0.39

P/E Ratio

ARGT

22.64

GGN

N/A

Forward P/E

ARGT

7.90

GGN

N/A

5Y Dividends CAGR

Winner

ARGT

60.20%

GGN

0.52%

P/S Ratio

ARGT

0.00

GGN

N/A

P/B Ratio

ARGT

1.82

GGN

N/A

ARGT vs GGN - Historical Returns

Returns include dividend reinvestment.

Period	ARGT	GGN
1 month	+1.38%	-6.32%
3 months	+5.45%	-10.87%
6 months	+1.14%	-1.23%
1 year	+5.55%	+19.06%
5 years(CAGR)	+25.95%	+13.10%
10 years(CAGR)	+16.88%	+8.39%
Max(CAGR)	+8.71%	+3.97%

Winner

ARGT

+1.38%

GGN

-6.32%

Winner

ARGT

+5.45%

GGN

-10.87%

Winner

ARGT

+1.14%

GGN

-1.23%

ARGT

+5.55%

Winner

GGN

+19.06%

5Y(CAGR)

Winner

ARGT

+25.95%

GGN

+13.10%

10Y(CAGR)

Winner

ARGT

+16.88%

GGN

+8.39%

Max(CAGR)

Winner

ARGT

+8.71%

GGN

+3.97%

ARGT vs GGN - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ARGT	GGN
2026	+0.50%	-2.38%
2025	+5.39%	+43.98%
2024	+67.16%	+9.58%
2023	+57.32%	+14.66%
2022	+11.81%	+6.29%
2021	+5.60%	+14.49%
2020	+14.01%	-9.04%
2019	+14.01%	+30.26%
2018	-33.83%	-22.19%
2017	+49.85%	+11.90%
2016	+30.04%	+23.23%
2015	-1.88%	-21.71%
2014	-2.30%	-14.32%
2013	+10.32%	-22.79%
2012	-21.40%	-3.38%
2011	-28.88%	-19.27%
2010	N/A	+28.13%
2009	N/A	+26.65%
2008	N/A	-51.76%
2007	N/A	+29.19%
2006	N/A	+20.24%
2005	N/A	+15.17%

ARGT vs GGN Drawdown Comparison

The maximum drawdown for ARGT was -61.68%, occurring on Mar 23, 2020. Recovery took 1246 trading sessions.

The maximum drawdown for GGN was -73.03%, occurring on Nov 20, 2008. Recovery took 4287 trading sessions.

The current ARGT drawdown is -11.03%. The current GGN drawdown is -14.83%.

Rank	ARGT	GGN
#1	-61.68% Jan 26, 2018 - Jan 9, 2023	-73.03% May 20, 2008 - Jun 4, 2025
#2	-50.53% Apr 5, 2011 - May 5, 2017	-22.71% Jul 13, 2007 - Sep 20, 2007
#3	-28.46% May 19, 2025 - Nov 3, 2025	-16.97% May 9, 2006 - Oct 26, 2006
#4	-21.27% Jan 7, 2025 - May 9, 2025	-16.80% Mar 2, 2026 - Mar 20, 2026
#5	-19.55% Sep 1, 2023 - Nov 24, 2023	-15.70% Feb 28, 2008 - May 20, 2008
#6	-16.93% Jan 27, 2026 - Mar 13, 2026	-12.12% Oct 18, 2007 - Jan 2, 2008
#7	-15.62% May 20, 2024 - Aug 30, 2024	-10.97% Jan 10, 2008 - Feb 27, 2008
#8	-13.79% Jan 26, 2023 - Apr 17, 2023	-10.91% Oct 8, 2025 - Dec 11, 2025
#9	-10.86% May 16, 2017 - Sep 13, 2017	-10.07% Apr 11, 2005 - Jul 6, 2005
#10	-10.32% Nov 3, 2025 - Jan 22, 2026	-9.70% Feb 1, 2006 - May 2, 2006
#11	-8.89% Jan 26, 2024 - Mar 21, 2024	-8.44% Jan 28, 2026 - Feb 11, 2026
#12	-8.29% Dec 16, 2024 - Jan 2, 2025	-8.43% Apr 9, 2007 - Jul 5, 2007
#13	-7.81% Nov 6, 2017 - Dec 8, 2017	-8.09% Feb 22, 2007 - Mar 21, 2007
#14	-7.65% Apr 11, 2024 - Apr 30, 2024	-7.47% Dec 28, 2006 - Jan 31, 2007
#15	-7.64% Apr 17, 2023 - Jun 5, 2023	-7.19% Sep 29, 2005 - Nov 25, 2005

Correlation

Correlation between ARGT and GGN is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2005 - 2026)

ARGT vs GGN dividend yield comparison.

Year	ARGT	GGN
2026	0.00%	3.06%
2025	0.84%	6.98%
2024	1.41%	9.55%
2023	1.59%	10.37%
2022	2.45%	9.92%
2021	0.93%	9.60%
2020	0.28%	13.68%
2019	1.21%	13.64%
2018	1.34%	16.22%
2017	0.49%	11.52%
2016	0.36%	15.85%
2015	0.89%	17.68%
2014	0.47%	15.43%
2013	0.62%	15.96%
2012	1.05%	12.66%
2011	2.80%	11.91%
2010	0.00%	8.72%
2009	0.00%	10.29%
2008	0.00%	12.82%
2007	0.00%	6.61%
2006	0.00%	7.07%
2005	0.00%	5.32%