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GDL vs FMCX

Comparison between GDL Fund (GDL, ETF) and FM FOCUS EQUITY ETF (FMCX, ETF).

GDL vs FMCX - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
GDL
$117M
FMCX
$117M
Expense Ratio
GDL
N/A
FMCX
0.72%
Max Drawdown
GDL
71.51%
Winner
FMCX
18.54%
Sharpe Ratio
GDL
0.24
Winner
FMCX
0.37
5Y Beta
Winner
GDL
0.10
FMCX
0.76
P/E Ratio
GDL
N/A
FMCX
27.30
Forward P/E
GDL
N/A
FMCX
23.06
PEG Ratio
GDL
N/A
FMCX
0.37
5Y Dividends CAGR
GDL
-4.36%
FMCX
N/A
5Y EPS CAGR
GDL
N/A
FMCX
16.66%
Debt to Equity
GDL
N/A
FMCX
4.96%
P/S Ratio
GDL
N/A
FMCX
3.74
P/B Ratio
GDL
N/A
FMCX
5.28

GDL vs FMCX - Historical Returns

Returns include dividend reinvestment.

1M
GDL
-0.24%
Winner
FMCX
+4.75%
3M
Winner
GDL
+0.59%
FMCX
-0.11%
6M
GDL
+0.76%
Winner
FMCX
+7.77%
1Y
GDL
+5.52%
Winner
FMCX
+8.91%
5Y(CAGR)
GDL
+4.49%
Winner
FMCX
+10.34%
10Y(CAGR)
GDL
+3.83%
FMCX
N/A
Max(CAGR)
GDL
+3.26%
Winner
FMCX
+10.34%

GDL vs FMCX - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearGDLFMCX
2026+3.19%+6.38%
2025+11.53%+11.52%
2024+6.46%+20.26%
2023+8.16%+22.02%
2022-6.27%-11.16%
2021+8.15%N/A
2020-0.36%N/A
2019+6.91%N/A
2018-2.79%N/A
2017+4.29%N/A
2016+5.32%N/A
2015+4.44%N/A
2014+0.89%N/A
2013+6.69%N/A
2012+6.56%N/A
2011+5.01%N/A
2010+1.10%N/A
2009+17.35%N/A
2008-9.24%N/A
2007-13.32%N/A

GDL vs FMCX Drawdown Comparison

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

The maximum drawdown for FMCX was -17.70%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The current GDL drawdown is -1.06%. The current FMCX drawdown is -2.68%.

RankGDLFMCX
#1-38.67%
Jan 15, 2020 - Jan 28, 2021
-17.70%
Jan 23, 2025 - Jun 26, 2025
#2-36.33%
Jun 4, 2007 - Mar 17, 2011
-17.33%
Aug 16, 2022 - Jun 15, 2023
#3-14.35%
Jun 28, 2011 - Sep 12, 2012
-15.15%
Apr 25, 2022 - Aug 15, 2022
#4-13.30%
Oct 12, 2017 - Jan 8, 2020
-12.59%
Jan 12, 2026 - Apr 30, 2026
#5-9.51%
Dec 17, 2021 - Dec 14, 2023
-11.66%
Jul 25, 2023 - Nov 30, 2023
#6-7.91%
May 13, 2014 - May 13, 2015
-6.71%
Jul 16, 2024 - Aug 19, 2024
#7-7.01%
Oct 5, 2012 - Jan 23, 2013
-6.22%
Oct 6, 2025 - Jan 9, 2026
#8-6.41%
Jan 5, 2016 - Mar 21, 2016
-6.16%
Jun 30, 2026 - Aug 4, 2026
#9-6.00%
Mar 25, 2025 - May 21, 2025
-6.01%
Mar 21, 2024 - Jun 21, 2024
#10-4.89%
May 18, 2015 - Dec 22, 2015
-5.84%
Dec 6, 2024 - Jan 22, 2025
#11-4.17%
May 20, 2013 - Sep 26, 2013
-4.26%
Aug 30, 2024 - Sep 16, 2024
#12-3.54%
Mar 26, 2013 - May 16, 2013
-4.21%
Jun 1, 2026 - Jun 18, 2026
#13-3.34%
Dec 26, 2023 - Mar 21, 2024
-3.86%
Oct 18, 2024 - Nov 7, 2024
#14-3.22%
Sep 30, 2016 - Dec 20, 2016
-3.09%
May 8, 2026 - Jun 1, 2026
#15-3.22%
Feb 2, 2026 - May 14, 2026
-2.87%
Aug 13, 2026 - Aug 24, 2026

Correlation

Correlation between GDL and FMCX is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

Dividend Comparison (2007 - 2026)

GDL vs FMCX dividend yield comparison.

YearGDLFMCX
20262.86%0.08%
20255.67%0.35%
20245.99%2.12%
20235.97%1.34%
20226.12%1.19%
20215.38%0.00%
20205.28%0.00%
20194.30%0.00%
20184.36%0.00%
20175.96%0.00%
20166.50%0.00%
20156.39%0.00%
20147.82%0.00%
201311.62%0.00%
201211.21%0.00%
201119.85%0.00%
20109.57%0.00%
20098.88%0.00%
200812.18%0.00%
20077.50%0.00%

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