FHEQ vs GGN

Comparison between FIDELITY HEDGED EQUITY ETF (FHEQ, ETF) and GAMCO Global Gold Natural Resources & Income Trust (GGN, ETF).

FHEQ vs GGN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHEQ(ETF)	GGN(ETF)
Net Assets	$897M	$897M
Expense Ratio	0.48%	N/A
Max Drawdown	11.49%	93.33%
Sharpe Ratio	1.14	0.66
5Y Beta	0.58	0.41
P/E Ratio	26.60	N/A
Forward P/E	19.87	N/A
PEG Ratio	0.20	N/A
5Y Dividends CAGR	N/A	1.61%
5Y EPS CAGR	28.12%	N/A
Debt to Equity	40.72%	N/A
P/S Ratio	3.82	N/A
P/B Ratio	5.40	N/A

Net Assets

Winner

FHEQ

$897M

GGN

$897M

Expense Ratio

FHEQ

0.48%

GGN

N/A

Max Drawdown

Winner

FHEQ

11.49%

GGN

93.33%

Sharpe Ratio

Winner

FHEQ

1.14

GGN

0.66

5Y Beta

FHEQ

0.58

Winner

GGN

0.41

P/E Ratio

FHEQ

26.60

GGN

N/A

Forward P/E

FHEQ

19.87

GGN

N/A

PEG Ratio

FHEQ

0.20

GGN

N/A

5Y Dividends CAGR

FHEQ

N/A

GGN

1.61%

5Y EPS CAGR

FHEQ

28.12%

GGN

N/A

Debt to Equity

FHEQ

40.72%

GGN

N/A

P/S Ratio

FHEQ

3.82

GGN

N/A

P/B Ratio

FHEQ

5.40

GGN

N/A

FHEQ vs GGN - Historical Returns

Returns include dividend reinvestment.

Period	FHEQ	GGN
1 month	+0.85%	-2.62%
3 months	+6.48%	-9.54%
6 months	+8.84%	-7.52%
1 year	+15.66%	+15.47%
5 years(CAGR)	N/A	+14.18%
10 years(CAGR)	N/A	+8.08%
Max(CAGR)	+14.40%	+3.89%

Winner

FHEQ

+0.85%

GGN

-2.62%

Winner

FHEQ

+6.48%

GGN

-9.54%

Winner

FHEQ

+8.84%

GGN

-7.52%

Winner

FHEQ

+15.66%

GGN

+15.47%

5Y(CAGR)

FHEQ

N/A

GGN

+14.18%

10Y(CAGR)

FHEQ

N/A

GGN

+8.08%

Max(CAGR)

Winner

FHEQ

+14.40%

GGN

+3.89%

FHEQ vs GGN - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	FHEQ	GGN
2026	+8.35%	-3.39%
2025	+13.41%	+43.98%
2024	+10.57%	+9.58%
2023	N/A	+14.66%
2022	N/A	+6.29%
2021	N/A	+14.49%
2020	N/A	-9.04%
2019	N/A	+30.26%
2018	N/A	-22.19%
2017	N/A	+11.90%
2016	N/A	+23.23%
2015	N/A	-21.71%
2014	N/A	-14.32%
2013	N/A	-22.79%
2012	N/A	-3.38%
2011	N/A	-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%

FHEQ vs GGN Drawdown Comparison

The maximum drawdown for FHEQ was -11.12%, occurring on Apr 21, 2025. Recovery took 134 trading sessions.

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

The current FHEQ drawdown is -0.88%. The current GGN drawdown is -15.72%.

Rank	FHEQ	GGN
#1	-11.12% Dec 6, 2024 - Jun 24, 2025	-73.03% May 20, 2008 - Jun 4, 2025
#2	-7.77% Feb 2, 2026 - Apr 17, 2026	-22.71% Jul 13, 2007 - Sep 20, 2007
#3	-5.40% Jul 16, 2024 - Aug 23, 2024	-16.97% May 9, 2006 - Oct 26, 2006
#4	-4.31% Oct 28, 2025 - Dec 11, 2025	-16.95% Mar 2, 2026 - Jun 24, 2026
#5	-4.09% Jun 2, 2026 - Jun 10, 2026	-15.70% Feb 28, 2008 - May 20, 2008
#6	-3.60% Aug 23, 2024 - Sep 19, 2024	-12.12% Oct 18, 2007 - Jan 2, 2008
#7	-3.13% Apr 11, 2024 - May 14, 2024	-10.97% Jan 10, 2008 - Feb 27, 2008
#8	-2.44% Oct 6, 2025 - Oct 24, 2025	-10.91% Oct 8, 2025 - Dec 11, 2025
#9	-2.30% Dec 24, 2025 - Feb 2, 2026	-10.07% Apr 11, 2005 - Jul 6, 2005
#10	-2.10% Oct 14, 2024 - Nov 6, 2024	-9.70% Feb 1, 2006 - May 2, 2006
#11	-2.03% Nov 11, 2024 - Dec 2, 2024	-8.44% Jan 28, 2026 - Feb 11, 2026
#12	-2.01% Dec 11, 2025 - Dec 24, 2025	-8.43% Apr 9, 2007 - Jul 5, 2007
#13	-1.84% Jul 25, 2025 - Aug 8, 2025	-8.09% Feb 22, 2007 - Mar 21, 2007
#14	-1.71% May 14, 2026 - May 26, 2026	-7.47% Dec 28, 2006 - Jan 31, 2007
#15	-1.40% Aug 28, 2025 - Sep 9, 2025	-7.19% Sep 29, 2005 - Nov 25, 2005

Correlation

Correlation between FHEQ and GGN is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2005 - 2026)

FHEQ vs GGN dividend yield comparison.

Year	FHEQ	GGN
2026	0.30%	4.38%
2025	0.63%	6.98%
2024	0.50%	9.55%
2023	0.00%	10.37%
2022	0.00%	9.92%
2021	0.00%	9.60%
2020	0.00%	13.68%
2019	0.00%	13.64%
2018	0.00%	16.22%
2017	0.00%	11.52%
2016	0.00%	15.85%
2015	0.00%	17.68%
2014	0.00%	15.43%
2013	0.00%	15.96%
2012	0.00%	12.66%
2011	0.00%	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%