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GAM vs HEDJ

Comparison between General American Investors Co. Inc (GAM, ETF) and WISDOMTREE EUROPE HEDGED EQUITY FUND (HEDJ, ETF).

5-Year PerformanceGAM has outperformed HEDJ, delivering a return of +14.7% compared to +10.7%

GAM vs HEDJ - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GAM
$1.70B
Winner
HEDJ
$1.80B
Expense Ratio
GAM
N/A
HEDJ
0.58%
Max Drawdown
GAM
72.30%
Winner
HEDJ
38.18%
Sharpe Ratio
Winner
GAM
2.01
HEDJ
0.73
5Y Beta
Winner
GAM
0.70
HEDJ
0.77
5Y Dividends CAGR
Winner
GAM
34.85%
HEDJ
8.93%

GAM vs HEDJ - Historical Returns

Returns include dividend reinvestment.

1M
GAM
-2.03%
Winner
HEDJ
+2.54%
3M
GAM
+3.46%
Winner
HEDJ
+5.14%
6M
GAM
+6.24%
Winner
HEDJ
+6.60%
1Y
Winner
GAM
+28.36%
HEDJ
+14.80%
5Y(CAGR)
Winner
GAM
+14.68%
HEDJ
+10.75%
10Y(CAGR)
Winner
GAM
+15.25%
HEDJ
+10.56%
Max(CAGR)
Winner
GAM
+9.35%
HEDJ
+8.82%

GAM vs HEDJ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearGAMHEDJ
2026+6.89%+4.55%
2025+29.65%+23.50%
2024+30.52%+5.60%
2023+27.38%+23.15%
2022-15.26%-11.43%
2021+21.86%+22.25%
2020+5.56%-4.98%
2019+39.98%+27.10%
2018-10.01%-9.15%
2017+21.62%+12.11%
2016+11.46%+11.53%
2015-4.24%+5.16%
2014+10.87%+6.74%
2013+30.81%+19.10%
2012+18.00%+18.69%
2011-6.07%-10.30%
2010+14.92%+1.41%
2009+27.34%+0.00%
2008-47.19%N/A
2007+9.03%N/A
2006+15.90%N/A
2005+18.07%N/A
2004+8.59%N/A
2003+23.21%N/A
2002-27.67%N/A
2001+9.57%N/A
2000+11.23%N/A
1999+7.80%N/A

GAM vs HEDJ Drawdown Comparison

The maximum drawdown for GAM was -66.58%, occurring on Mar 9, 2009. Recovery took 1398 trading sessions.

The maximum drawdown for HEDJ was -38.18%, occurring on Mar 16, 2020. Recovery took 270 trading sessions.

The current GAM drawdown is -3.60%. The current HEDJ drawdown is -1.94%.

RankGAMHEDJ
#1-66.58%
Oct 16, 2007 - May 7, 2013
-38.18%
Feb 12, 2020 - Mar 10, 2021
#2-41.78%
Feb 12, 2020 - Dec 1, 2020
-26.09%
Apr 10, 2015 - Mar 9, 2017
#3-35.04%
Jan 15, 2002 - Jun 17, 2005
-22.22%
Jan 4, 2022 - Feb 15, 2023
#4-26.99%
May 29, 2001 - Jan 4, 2002
-21.93%
Feb 17, 2011 - Dec 6, 2012
#5-26.06%
Nov 8, 2021 - Nov 20, 2023
-16.93%
May 22, 2018 - Apr 5, 2019
#6-22.29%
May 19, 2015 - Dec 8, 2016
-15.93%
Mar 19, 2025 - May 16, 2025
#7-22.16%
Sep 21, 2018 - Apr 23, 2019
-13.36%
Apr 14, 2010 - Jan 12, 2011
#8-14.90%
Jan 22, 2025 - May 16, 2025
-12.12%
Apr 1, 2024 - Jan 30, 2025
#9-14.62%
Feb 6, 2001 - May 22, 2001
-12.04%
Jun 19, 2014 - Dec 3, 2014
#10-14.56%
Jul 13, 2007 - Oct 9, 2007
-11.90%
Feb 25, 2026 - May 26, 2026
#11-10.02%
Mar 23, 2000 - Aug 31, 2000
-11.01%
May 21, 2013 - Aug 13, 2013
#12-9.52%
Jan 19, 2000 - Mar 21, 2000
-10.52%
Jul 28, 2023 - Dec 5, 2023
#13-9.22%
May 5, 2006 - Oct 25, 2006
-10.14%
Jan 19, 2010 - Mar 29, 2010
#14-9.20%
Sep 3, 2014 - Nov 13, 2014
-8.96%
Jan 23, 2018 - May 16, 2018
#15-8.67%
Feb 25, 2026 - Apr 14, 2026
-8.61%
Jul 24, 2019 - Oct 23, 2019

Correlation

Correlation between GAM and HEDJ is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98
-101

Dividend Comparison (2000 - 2025)

GAM vs HEDJ dividend yield comparison.

YearGAMHEDJ
202511.32%1.63%
20248.82%3.28%
20236.17%3.31%
20224.15%2.83%
20211.38%2.08%
20206.72%2.65%
20196.49%1.82%
20189.67%2.73%
20179.56%2.27%
201610.20%2.74%
20153.60%9.44%
201410.00%5.83%
20135.97%1.85%
20127.19%2.27%
20112.01%3.39%
20101.60%3.53%
20091.49%0.00%
20083.77%0.00%
200716.57%0.00%
20068.45%0.00%
20056.14%0.00%
20043.22%0.00%
20031.82%0.00%
20022.60%0.00%
200118.64%0.00%
200016.97%0.00%

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