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DRIP vs GDL

Comparison between DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES (DRIP, ETF) and GDL Fund (GDL, ETF).

5-Year PerformanceGDL has outperformed DRIP, delivering a return of +4.7% compared to -40.8%

DRIP vs GDL - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
DRIP
$117M
Winner
GDL
$118M
Max Drawdown
DRIP
99.95%
Winner
GDL
71.51%
Sharpe Ratio
DRIP
-1.24
Winner
GDL
0.50
5Y Beta
Winner
DRIP
-1.55
GDL
0.10
5Y Dividends CAGR
Winner
DRIP
59.43%
GDL
4.56%

DRIP vs GDL - Historical Returns

Returns include dividend reinvestment.

1M
Winner
DRIP
+16.18%
GDL
+0.00%
3M
DRIP
-8.37%
Winner
GDL
+0.21%
6M
DRIP
-39.05%
Winner
GDL
+2.70%
1Y
DRIP
-55.56%
Winner
GDL
+6.87%
5Y(CAGR)
DRIP
-40.84%
Winner
GDL
+4.73%
10Y(CAGR)
DRIP
-42.10%
Winner
GDL
+3.87%
Max(CAGR)
DRIP
-41.73%
Winner
GDL
+3.25%

DRIP vs GDL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearDRIPGDL
2026-44.88%+2.34%
2025-11.37%+11.53%
2024+2.68%+6.46%
2023-25.55%+8.16%
2022-70.86%-6.27%
2021-79.39%+8.15%
2020-43.51%-0.36%
2019-30.06%+6.91%
2018+61.94%-2.79%
2017-5.35%+4.29%
2016-87.42%+5.32%
2015+106.91%+4.44%
2014N/A+0.89%
2013N/A+6.69%
2012N/A+6.56%
2011N/A+5.01%
2010N/A+1.10%
2009N/A+17.35%
2008N/A-9.24%
2007N/A-13.32%

DRIP vs GDL Drawdown Comparison

The maximum drawdown for DRIP was -99.95%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for GDL was -38.67%, occurring on Mar 18, 2020. Recovery took 261 trading sessions.

The current DRIP drawdown is -99.93%. The current GDL drawdown is -0.76%.

RankDRIPGDL
#1-99.95%
Jan 20, 2016 - Mar 27, 2026
-38.67%
Jan 15, 2020 - Jan 28, 2021
#2-56.55%
Aug 25, 2015 - Jan 7, 2016
-36.33%
Jun 4, 2007 - Mar 17, 2011
#3-29.30%
Aug 5, 2015 - Aug 21, 2015
-14.35%
Jun 28, 2011 - Sep 12, 2012
#4-18.77%
Jul 27, 2015 - Aug 3, 2015
-13.30%
Oct 12, 2017 - Jan 8, 2020
#5-15.71%
Jul 8, 2015 - Jul 17, 2015
-9.51%
Dec 17, 2021 - Dec 14, 2023
#6-10.90%
Jan 13, 2016 - Jan 19, 2016
-7.91%
May 13, 2014 - May 13, 2015
#7-8.88%
Jun 4, 2015 - Jun 19, 2015
-7.01%
Oct 5, 2012 - Jan 23, 2013
#8-8.74%
Jul 6, 2015 - Jul 8, 2015
-6.41%
Jan 5, 2016 - Mar 21, 2016
#9-5.91%
Jun 19, 2015 - Jun 29, 2015
-6.00%
Mar 25, 2025 - May 21, 2025
#10-1.48%
Jul 20, 2015 - Jul 22, 2015
-4.89%
May 18, 2015 - Dec 22, 2015
#11-1.13%
Jan 7, 2016 - Jan 11, 2016
-4.17%
May 20, 2013 - Sep 26, 2013
#12-0.52%
May 29, 2015 - Jun 4, 2015
-3.54%
Mar 26, 2013 - May 16, 2013
#13-0.36%
Aug 3, 2015 - Aug 5, 2015
-3.34%
Dec 26, 2023 - Mar 21, 2024
#14-0.13%
Jul 22, 2015 - Jul 24, 2015
-3.22%
Sep 30, 2016 - Dec 20, 2016
#15N/A-3.22%
Feb 2, 2026 - May 14, 2026

Correlation

Correlation between DRIP and GDL is -0.57 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.57
-101

Dividend Comparison (2007 - 2026)

DRIP vs GDL dividend yield comparison.

YearDRIPGDL
20260.63%1.42%
20252.86%5.67%
20244.38%5.99%
20235.09%5.97%
20220.00%6.12%
20210.00%5.38%
20200.01%5.28%
20190.96%4.30%
20180.58%4.36%
20170.00%5.96%
20160.00%6.50%
20150.00%6.39%
20140.00%7.82%
20130.00%11.62%
20120.00%11.21%
20110.00%19.85%
20100.00%9.57%
20090.00%8.88%
20080.00%12.18%
20070.00%7.50%

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