COLO vs MCN

Comparison between GLOBAL X MSCI COLOMBIA ETF (COLO, ETF) and Madison Covered Call & Equity Strategy Fund (MCN, ETF).

5-Year PerformanceCOLO has outperformed MCN, delivering a return of +13.9% compared to +3.5%

COLO vs MCN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	COLO(ETF)	MCN(ETF)
Net Assets	$138M	$138M
Expense Ratio	0.62%	N/A
Max Drawdown	83.14%	75.11%
Sharpe Ratio	1.62	0.41
5Y Beta	0.62	0.52
5Y Dividends CAGR	17.67%	1.61%

Net Assets

Winner

COLO

$138M

MCN

$138M

Expense Ratio

COLO

0.62%

MCN

N/A

Max Drawdown

COLO

83.14%

Winner

MCN

75.11%

Sharpe Ratio

Winner

COLO

1.62

MCN

0.41

5Y Beta

COLO

0.62

Winner

MCN

0.52

5Y Dividends CAGR

Winner

COLO

17.67%

MCN

1.61%

COLO vs MCN - Historical Returns

Returns include dividend reinvestment.

Period	COLO	MCN
1 month	+4.90%	-2.33%
3 months	+8.05%	-0.82%
6 months	+13.03%	+3.21%
1 year	+44.72%	+8.34%
5 years(CAGR)	+13.90%	+3.46%
10 years(CAGR)	+5.96%	+7.85%
Max(CAGR)	+5.27%	+5.51%

Winner

COLO

+4.90%

MCN

-2.33%

Winner

COLO

+8.05%

MCN

-0.82%

Winner

COLO

+13.03%

MCN

+3.21%

Winner

COLO

+44.72%

MCN

+8.34%

5Y(CAGR)

Winner

COLO

+13.90%

MCN

+3.46%

10Y(CAGR)

COLO

+5.96%

Winner

MCN

+7.85%

Max(CAGR)

COLO

+5.27%

Winner

MCN

+5.51%

COLO vs MCN - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	COLO	MCN
2026	+12.83%	+0.49%
2025	+65.63%	+0.20%
2024	+3.89%	-0.33%
2023	+25.45%	+8.02%
2022	-22.52%	+6.33%
2021	-10.28%	+30.38%
2020	-15.07%	+14.91%
2019	+27.78%	+17.28%
2018	-21.54%	-12.21%
2017	+10.07%	+9.80%
2016	+26.28%	+14.94%
2015	-40.52%	-0.75%
2014	-26.27%	+9.41%
2013	-15.41%	+14.32%
2012	+25.11%	+12.18%
2011	-14.11%	-10.59%
2010	+51.29%	+10.23%
2009	+90.17%	+54.72%
2008	N/A	-38.79%
2007	N/A	-16.23%
2006	N/A	+12.53%
2005	N/A	+7.26%
2004	N/A	+1.32%

COLO vs MCN Drawdown Comparison

The maximum drawdown for COLO was -78.92%, occurring on Mar 23, 2020. This drawdown has not yet recovered.

The maximum drawdown for MCN was -65.08%, occurring on Mar 9, 2009. Recovery took 1641 trading sessions.

The current COLO drawdown is -24.04%. The current MCN drawdown is -4.97%.

Rank	COLO	MCN
#1	-78.92% Nov 4, 2010 - Mar 23, 2020	-65.08% Apr 25, 2007 - Oct 29, 2013
#2	-14.95% Oct 12, 2009 - Feb 16, 2010	-38.60% Jan 15, 2020 - Nov 9, 2020
#3	-11.46% Feb 9, 2009 - Mar 17, 2009	-24.48% Jun 28, 2024 - Apr 7, 2025
#4	-10.46% Apr 26, 2010 - Jun 15, 2010	-22.86% Oct 1, 2018 - Jan 15, 2020
#5	-7.98% Jun 12, 2009 - Jul 1, 2009	-19.57% Sep 9, 2022 - Jan 11, 2023
#6	-7.87% Jul 23, 2009 - Aug 25, 2009	-18.33% Jan 12, 2022 - Sep 8, 2022
#7	-7.82% Aug 27, 2009 - Sep 8, 2009	-17.00% Apr 27, 2023 - Jun 28, 2024
#8	-7.79% Mar 23, 2009 - Apr 15, 2009	-15.90% May 21, 2015 - May 27, 2016
#9	-6.05% Jul 2, 2009 - Jul 14, 2009	-11.23% Aug 17, 2005 - Sep 25, 2006
#10	-3.97% Aug 4, 2010 - Aug 24, 2010	-9.01% Jul 10, 2014 - May 20, 2015
#11	-3.84% Mar 8, 2010 - Apr 6, 2010	-8.74% Sep 13, 2021 - Dec 10, 2021
#12	-3.52% Jun 21, 2010 - Jul 8, 2010	-8.15% Dec 10, 2021 - Jan 11, 2022
#13	-3.38% Oct 13, 2010 - Nov 3, 2010	-8.12% Jan 24, 2018 - Jul 2, 2018
#14	-3.15% Sep 8, 2010 - Sep 28, 2010	-5.66% Jun 11, 2021 - Jul 13, 2021
#15	-2.87% Apr 6, 2010 - Apr 23, 2010	-5.47% Oct 5, 2017 - Dec 28, 2017

Correlation

Correlation between COLO and MCN is -0.48 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.48

-101

Dividend Comparison (2004 - 2026)

COLO vs MCN dividend yield comparison.

Year	COLO	MCN
2026	0.00%	5.17%
2025	7.51%	12.00%
2024	6.09%	10.73%
2023	6.99%	9.56%
2022	12.55%	9.29%
2021	2.32%	8.98%
2020	3.23%	10.67%
2019	3.04%	10.86%
2018	3.03%	11.69%
2017	1.83%	9.33%
2016	1.48%	9.35%
2015	1.58%	9.76%
2014	3.20%	8.85%
2013	4.10%	8.81%
2012	2.02%	9.45%
2011	1.17%	9.64%
2010	0.99%	7.96%
2009	3.74%	8.95%
2008	0.00%	19.00%
2007	0.00%	11.57%
2006	0.00%	8.74%
2005	0.00%	8.92%
2004	0.00%	2.01%