GDL vs FNGG

Comparison between GDL Fund (GDL, ETF) and DIREXION DAILY NYSE FANG+ BULL 2X SHARES (FNGG, ETF).

5-Year PerformanceGDL has outperformed FNGG, delivering a return of +4.5% compared to +0.7%

GDL vs FNGG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDL(ETF)	FNGG(ETF)
Net Assets	$117M	$117M
Max Drawdown	71.51%	91.69%
Sharpe Ratio	0.37	0.47
5Y Beta	0.10	2.79
5Y Dividends CAGR	-4.36%	N/A

Net Assets

Winner

GDL

$117M

FNGG

$117M

Max Drawdown

Winner

GDL

71.51%

FNGG

91.69%

Sharpe Ratio

GDL

0.37

Winner

FNGG

0.47

5Y Beta

Winner

GDL

0.10

FNGG

2.79

5Y Dividends CAGR

GDL

-4.36%

FNGG

N/A

GDL vs FNGG - Historical Returns

Returns include dividend reinvestment.

Period	GDL	FNGG
1 month	-0.44%	+1.48%
3 months	+0.63%	+9.05%
6 months	+2.67%	+14.54%
1 year	+6.24%	+15.86%
5 years(CAGR)	+4.50%	+0.67%
10 years(CAGR)	+3.88%	N/A
Max(CAGR)	+3.28%	+0.67%

GDL

-0.44%

Winner

FNGG

+1.48%

GDL

+0.63%

Winner

FNGG

+9.05%

GDL

+2.67%

Winner

FNGG

+14.54%

GDL

+6.24%

Winner

FNGG

+15.86%

5Y(CAGR)

Winner

GDL

+4.50%

FNGG

+0.67%

10Y(CAGR)

GDL

+3.88%

FNGG

N/A

Max(CAGR)

Winner

GDL

+3.28%

FNGG

+0.67%

GDL vs FNGG - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GDL	FNGG
2026	+3.35%	+11.19%
2025	+11.53%	+25.92%
2024	+6.46%	+109.39%
2023	+8.16%	+214.56%
2022	-6.27%	-87.38%
2021	+8.15%	-2.82%
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 FNGG Drawdown Comparison

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

The maximum drawdown for FNGG was -91.31%, occurring on Jan 5, 2023. This drawdown has not yet recovered.

The current GDL drawdown is -0.91%. The current FNGG drawdown is -20.26%.

Rank	GDL	FNGG
#1	-38.67% Jan 15, 2020 - Jan 28, 2021	-91.31% Nov 16, 2021 - Jan 5, 2023
#2	-36.33% Jun 4, 2007 - Mar 17, 2011	-5.74% Oct 1, 2021 - Oct 7, 2021
#3	-14.35% Jun 28, 2011 - Sep 12, 2012	-5.42% Nov 9, 2021 - Nov 12, 2021
#4	-13.30% Oct 12, 2017 - Jan 8, 2020	-4.65% Oct 21, 2021 - Nov 1, 2021
#5	-9.51% Dec 17, 2021 - Dec 14, 2023	-3.01% Oct 7, 2021 - Oct 13, 2021
#6	-7.91% May 13, 2014 - May 13, 2015	-2.41% Nov 4, 2021 - Nov 9, 2021
#7	-7.01% Oct 5, 2012 - Jan 23, 2013	-1.20% Oct 19, 2021 - Oct 21, 2021
#8	-6.41% Jan 5, 2016 - Mar 21, 2016	-0.72% Nov 1, 2021 - Nov 3, 2021
#9	-6.00% Mar 25, 2025 - May 21, 2025	-0.66% Nov 12, 2021 - Nov 16, 2021
#10	-4.89% May 18, 2015 - Dec 22, 2015	N/A
#11	-4.17% May 20, 2013 - Sep 26, 2013	N/A
#12	-3.54% Mar 26, 2013 - May 16, 2013	N/A
#13	-3.34% Dec 26, 2023 - Mar 21, 2024	N/A
#14	-3.22% Sep 30, 2016 - Dec 20, 2016	N/A
#15	-3.22% Feb 2, 2026 - May 14, 2026	N/A

Correlation

Correlation between GDL and FNGG is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2007 - 2026)

GDL vs FNGG dividend yield comparison.

Year	GDL	FNGG
2026	2.85%	0.53%
2025	5.67%	11.89%
2024	5.99%	0.79%
2023	5.97%	0.88%
2022	6.12%	0.00%
2021	5.38%	4.99%
2020	5.28%	0.00%
2019	4.30%	0.00%
2018	4.36%	0.00%
2017	5.96%	0.00%
2016	6.50%	0.00%
2015	6.39%	0.00%
2014	7.82%	0.00%
2013	11.62%	0.00%
2012	11.21%	0.00%
2011	19.85%	0.00%
2010	9.57%	0.00%
2009	8.88%	0.00%
2008	12.18%	0.00%
2007	7.50%	0.00%