GDV vs SPY

Comparison between Gabelli Dividend & Income Trust (GDV, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed GDV, delivering a return of +13.3% compared to +8.6%

GDV vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDV(ETF)	SPY(ETF)
Net Assets	$2.70B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	73.33%	56.47%
Sharpe Ratio	1.93	2.07
5Y Beta	0.77	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	5.44%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

GDV

$2.70B

Winner

SPY

$652B

Expense Ratio

GDV

N/A

SPY

0.09%

Max Drawdown

GDV

73.33%

Winner

SPY

56.47%

Sharpe Ratio

GDV

1.93

Winner

SPY

2.07

5Y Beta

Winner

GDV

0.77

SPY

1.00

P/E Ratio

GDV

N/A

SPY

28.24

Forward P/E

GDV

N/A

SPY

21.85

5Y Dividends CAGR

Winner

GDV

5.44%

SPY

5.43%

5Y EPS CAGR

GDV

N/A

SPY

25.79%

Debt to Equity

GDV

N/A

SPY

22.35%

P/S Ratio

GDV

N/A

SPY

3.55

P/B Ratio

GDV

N/A

SPY

5.29

GDV vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	GDV	SPY
1 month	+3.73%	+9.11%
3 months	+1.17%	+6.59%
6 months	+12.55%	+10.56%
1 year	+29.28%	+32.04%
5 years(CAGR)	+8.60%	+13.35%
10 years(CAGR)	+11.37%	+15.49%
Max(CAGR)	+8.55%	+8.50%

GDV

+3.73%

Winner

SPY

+9.11%

GDV

+1.17%

Winner

SPY

+6.59%

Winner

GDV

+12.55%

SPY

+10.56%

GDV

+29.28%

Winner

SPY

+32.04%

5Y(CAGR)

GDV

+8.60%

Winner

SPY

+13.35%

10Y(CAGR)

GDV

+11.37%

Winner

SPY

+15.49%

Max(CAGR)

Winner

GDV

+8.55%

SPY

+8.50%

GDV vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GDV	SPY
2026	+6.94%	+8.27%
2025	+22.91%	+18.00%
2024	+18.64%	+25.59%
2023	+11.63%	+26.72%
2022	-19.09%	-18.64%
2021	+35.21%	+30.52%
2020	+4.02%	+17.28%
2019	+26.19%	+31.09%
2018	-17.09%	-5.24%
2017	+23.45%	+20.78%
2016	+19.57%	+13.59%
2015	-8.54%	+1.31%
2014	+6.24%	+14.56%
2013	+40.03%	+29.00%
2012	+10.49%	+14.17%
2011	+5.74%	+0.85%
2010	+21.68%	+13.14%
2009	+31.91%	+22.67%
2008	-44.37%	-36.25%
2007	+6.34%	+5.32%
2006	+27.58%	+13.85%
2005	+4.16%	+5.32%
2004	-4.13%	+10.75%
2003	+0.00%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

GDV vs SPY Drawdown Comparison

The maximum drawdown for GDV was -68.82%, occurring on Mar 9, 2009. Recovery took 956 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current GDV drawdown is -1.09%.

Rank	GDV	SPY
#1	-68.82% Jul 13, 2007 - Apr 28, 2011	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-53.05% Jan 17, 2020 - Dec 2, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-28.61% Sep 21, 2018 - Jan 16, 2020	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-28.33% Nov 16, 2021 - Jul 12, 2024	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-26.21% Jun 23, 2014 - Aug 12, 2016	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-22.59% Jul 7, 2011 - Mar 16, 2012	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-16.69% Dec 17, 2003 - Jun 16, 2005	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-16.07% Feb 19, 2025 - May 20, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-11.99% Jan 25, 2018 - Aug 9, 2018	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-11.85% May 1, 2012 - Aug 10, 2012	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-11.65% Oct 17, 2012 - Jan 4, 2013	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-9.76% Feb 17, 2026 - Apr 17, 2026	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-9.24% May 21, 2013 - Jul 17, 2013	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-9.08% Aug 23, 2016 - Nov 23, 2016	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-8.03% Dec 27, 2013 - Mar 4, 2014	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

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

0.98

-101

Dividend Comparison (1999 - 2026)

GDV vs SPY dividend yield comparison.

Year	GDV	SPY
2026	2.06%	0.24%
2025	6.05%	1.07%
2024	5.47%	1.21%
2023	6.10%	1.40%
2022	6.84%	1.65%
2021	5.11%	1.20%
2020	6.15%	1.52%
2019	6.01%	1.75%
2018	7.21%	2.04%
2017	5.64%	1.80%
2016	6.59%	2.03%
2015	6.72%	2.06%
2014	6.23%	1.87%
2013	4.65%	1.81%
2012	5.93%	2.18%
2011	5.84%	2.05%
2010	4.95%	1.80%
2009	7.55%	1.95%
2008	12.62%	3.02%
2007	8.03%	1.85%
2006	5.96%	1.73%
2005	7.26%	1.73%
2004	6.69%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%