GDL vs UPSD

Comparison between GDL Fund (GDL, ETF) and APTUS LARGE CAP UPSIDE ETF (UPSD, ETF).

GDL vs UPSD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDL(ETF)	UPSD(ETF)
Net Assets	$117M	$117M
Expense Ratio	N/A	0.79%
Max Drawdown	71.51%	24.04%
Sharpe Ratio	0.24	0.98
5Y Beta	0.10	1.11
P/E Ratio	N/A	25.58
Forward P/E	N/A	20.65
PEG Ratio	N/A	0.28
5Y Dividends CAGR	-4.36%	N/A
5Y EPS CAGR	N/A	25.51%
Debt to Equity	N/A	58.20%
P/S Ratio	N/A	2.03
P/B Ratio	N/A	6.10

Net Assets

GDL

$117M

Winner

UPSD

$117M

Expense Ratio

GDL

N/A

UPSD

0.79%

Max Drawdown

GDL

71.51%

Winner

UPSD

24.04%

Sharpe Ratio

GDL

0.24

Winner

UPSD

0.98

5Y Beta

Winner

GDL

0.10

UPSD

1.11

P/E Ratio

GDL

N/A

UPSD

25.58

Forward P/E

GDL

N/A

UPSD

20.65

PEG Ratio

GDL

N/A

UPSD

0.28

5Y Dividends CAGR

GDL

-4.36%

UPSD

N/A

5Y EPS CAGR

GDL

N/A

UPSD

25.51%

Debt to Equity

GDL

N/A

UPSD

58.20%

P/S Ratio

GDL

N/A

UPSD

2.03

P/B Ratio

GDL

N/A

UPSD

6.10

GDL vs UPSD - Historical Returns

Returns include dividend reinvestment.

Period	GDL	UPSD
1 month	-0.24%	+5.44%
3 months	+0.59%	+6.29%
6 months	+0.76%	+8.32%
1 year	+5.52%	+19.18%
5 years(CAGR)	+4.49%	N/A
10 years(CAGR)	+3.83%	N/A
Max(CAGR)	+3.26%	+11.64%

GDL

-0.24%

Winner

UPSD

+5.44%

GDL

+0.59%

Winner

UPSD

+6.29%

GDL

+0.76%

Winner

UPSD

+8.32%

GDL

+5.52%

Winner

UPSD

+19.18%

5Y(CAGR)

GDL

+4.49%

UPSD

N/A

10Y(CAGR)

GDL

+3.83%

UPSD

N/A

Max(CAGR)

GDL

+3.26%

Winner

UPSD

+11.64%

GDL vs UPSD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GDL	UPSD
2026	+3.19%	+13.54%
2025	+11.53%	+12.97%
2024	+6.46%	-5.14%
2023	+8.16%	N/A
2022	-6.27%	N/A
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 UPSD Drawdown Comparison

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

The maximum drawdown for UPSD was -23.85%, occurring on Apr 8, 2025. Recovery took 171 trading sessions.

The current GDL drawdown is -1.06%. The current UPSD drawdown is -1.37%.

Rank	GDL	UPSD
#1	-38.67% Jan 15, 2020 - Jan 28, 2021	-23.85% Dec 4, 2024 - Aug 13, 2025
#2	-36.33% Jun 4, 2007 - Mar 17, 2011	-11.91% Mar 2, 2026 - May 13, 2026
#3	-14.35% Jun 28, 2011 - Sep 12, 2012	-6.19% Oct 27, 2025 - Dec 24, 2025
#4	-13.30% Oct 12, 2017 - Jan 8, 2020	-5.02% Jun 1, 2026 - Jul 6, 2026
#5	-9.51% Dec 17, 2021 - Dec 14, 2023	-3.81% Oct 8, 2025 - Oct 27, 2025
#6	-7.91% May 13, 2014 - May 13, 2015	-3.39% Jan 12, 2026 - Jan 26, 2026
#7	-7.01% Oct 5, 2012 - Jan 23, 2013	-2.03% Feb 2, 2026 - Feb 6, 2026
#8	-6.41% Jan 5, 2016 - Mar 21, 2016	-2.00% Feb 11, 2026 - Feb 24, 2026
#9	-6.00% Mar 25, 2025 - May 21, 2025	-1.95% Jul 16, 2026 - Jul 28, 2026
#10	-4.89% May 18, 2015 - Dec 22, 2015	-1.92% Aug 14, 2026 - Aug 20, 2026
#11	-4.17% May 20, 2013 - Sep 26, 2013	-1.59% Dec 24, 2025 - Jan 9, 2026
#12	-3.54% Mar 26, 2013 - May 16, 2013	-1.53% May 14, 2026 - May 22, 2026
#13	-3.34% Dec 26, 2023 - Mar 21, 2024	-1.51% Jul 28, 2026 - Jul 31, 2026
#14	-3.22% Sep 30, 2016 - Dec 20, 2016	-1.39% Aug 22, 2025 - Sep 4, 2025
#15	-3.22% Feb 2, 2026 - May 14, 2026	-1.33% Sep 22, 2025 - Sep 29, 2025

Correlation

Correlation between GDL and UPSD is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2007 - 2026)

GDL vs UPSD dividend yield comparison.

Year	GDL	UPSD
2026	2.86%	0.33%
2025	5.67%	0.67%
2024	5.99%	0.06%
2023	5.97%	0.00%
2022	6.12%	0.00%
2021	5.38%	0.00%
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%