GGM vs MEDX

Comparison between GGM MACRO ALIGNMENT ETF (GGM, ETF) and HORIZON KINETICS MEDICAL ETF (MEDX, ETF).

GGM vs MEDX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GGM(ETF)	MEDX(ETF)
Net Assets	$18M	$18M
Expense Ratio	0.94%	0.85%
Max Drawdown	52.83%	24.64%
Sharpe Ratio	0.68	1.43
5Y Beta	0.64	0.52
P/E Ratio	N/A	149.38
Forward P/E	N/A	17.84
5Y Dividends CAGR	-18.00%	N/A
5Y EPS CAGR	N/A	5.73%
Debt to Equity	N/A	115.14%
P/S Ratio	N/A	5.25
P/B Ratio	N/A	5.54

Net Assets

Winner

GGM

$18M

MEDX

$18M

Expense Ratio

GGM

0.94%

Winner

MEDX

0.85%

Max Drawdown

GGM

52.83%

Winner

MEDX

24.64%

Sharpe Ratio

GGM

0.68

Winner

MEDX

1.43

5Y Beta

GGM

0.64

Winner

MEDX

0.52

P/E Ratio

GGM

N/A

MEDX

149.38

Forward P/E

GGM

N/A

MEDX

17.84

5Y Dividends CAGR

GGM

-18.00%

MEDX

N/A

5Y EPS CAGR

GGM

N/A

MEDX

5.73%

Debt to Equity

GGM

N/A

MEDX

115.14%

P/S Ratio

GGM

N/A

MEDX

5.25

P/B Ratio

GGM

N/A

MEDX

5.54

GGM vs MEDX - Holdings Comparison

GGM and MEDX have 0 common holdings. Overlap is 0.00%

GGM's top 25 holdings weight is 99.59%. MEDX's top 25 holdings weight is 98.21%.

Rank	GGM	MEDX
#1	STT STRT®SPDR®S&P®MTLS &MNGETF (XME) - 21.21%	ELI LILLY AND CO (LLY) - 17.17%
#2	INVESCO AEROSPACE & DEFENSE ETF (PPA) - 20.27%	ABBVIE INC (ABBV) - 8.32%
#3	STATE STREET®CNSMRSTPSELSECTSPDR®ETF (XLP) - 20.22%	US BANK MMDA USBGFS 7 (n/a) - 8.08%
#4	STATE STREET®UTILSELSECTSPDR®ETF (XLU) - 19.38%	NOVARTIS AG ADR (NVS) - 7.40%
#5	STATE STREET®ENGYSELSECTSPDR®ETF (XLE) - 18.51%	JOHNSON & JOHNSON (JNJ) - 5.69%
#6	N/A	ASTRAZENECA PLC (AZN:XLON) - 5.46%
#7	N/A	BRISTOL-MYERS SQUIBB CO (BMY) - 4.97%
#8	N/A	IONIS PHARMACEUTICALS INC (IONS) - 4.68%
#9	N/A	ALKERMES PLC (ALKS) - 4.43%
#10	N/A	AMGEN INC (AMGN) - 3.96%
#11	N/A	MERCK & CO INC (MRK) - 3.91%
#12	N/A	ALNYLAM PHARMACEUTICALS INC (ALNY) - 3.67%
#13	N/A	PFIZER INC (PFE) - 3.39%
#14	N/A	BIOGEN INC (BIIB) - 3.10%
#15	N/A	GSK PLC ADR (GSK) - 2.93%
#16	N/A	CRISPR THERAPEUTICS AG (CRSP) - 2.65%
#17	N/A	REGENERON PHARMACEUTICALS INC (REGN) - 2.35%
#18	N/A	BEAM THERAPEUTICS INC (BEAM) - 1.33%
#19	N/A	INTELLIA THERAPEUTICS INC (NTLA) - 0.94%
#20	N/A	SANDOZ GROUP AG ADR (SDZNY) - 0.83%
#21	N/A	VANDA PHARMACEUTICALS INC (VNDA) - 0.81%
#22	N/A	HALEON PLC ADR (HLN) - 0.67%
#23	N/A	GALECTIN THERAPEUTICS INC (GALT) - 0.61%
#24	N/A	LANTERN PHARMA INC ORDINARY SHARES (LTRN) - 0.45%
#25	N/A	EDITAS MEDICINE INC (EDIT) - 0.41%
Total Holdings	5	34

GGM vs MEDX - Historical Returns

Returns include dividend reinvestment.

Period	GGM	MEDX
1 month	-0.17%	+5.47%
3 months	-0.41%	+1.80%
6 months	+4.87%	+4.19%
1 year	+11.79%	+32.32%
5 years(CAGR)	+7.66%	N/A
10 years(CAGR)	+9.73%	N/A
Max(CAGR)	+8.04%	+5.44%

GGM

-0.17%

Winner

MEDX

+5.47%

GGM

-0.41%

Winner

MEDX

+1.80%

Winner

GGM

+4.87%

MEDX

+4.19%

GGM

+11.79%

Winner

MEDX

+32.32%

5Y(CAGR)

GGM

+7.66%

MEDX

N/A

10Y(CAGR)

GGM

+9.73%

MEDX

N/A

Max(CAGR)

Winner

GGM

+8.04%

MEDX

+5.44%

GGM vs MEDX - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	GGM	MEDX
2026	+5.75%	+3.88%
2025	+1.76%	+27.78%
2024	+3.92%	-6.65%
2023	+7.47%	-6.24%
2021	+16.67%	N/A
2020	+12.42%	N/A
2019	+19.40%	N/A
2018	-7.01%	N/A
2017	+8.20%	N/A
2016	+28.69%	N/A
2015	-0.12%	N/A
2014	+3.83%	N/A
2013	-7.49%	N/A

GGM vs MEDX Drawdown Comparison

The maximum drawdown for GGM was -40.86%, occurring on Mar 18, 2020. Recovery took 184 trading sessions.

The maximum drawdown for MEDX was -23.10%, occurring on Apr 10, 2025. Recovery took 271 trading sessions.

The current GGM drawdown is -3.54%. The current MEDX drawdown is -2.74%.

Rank	GGM	MEDX
#1	-40.86% Feb 20, 2020 - Nov 10, 2020	-23.10% Aug 30, 2024 - Oct 1, 2025
#2	-22.86% Sep 12, 2018 - Apr 30, 2019	-15.48% May 10, 2023 - Feb 28, 2024
#3	-19.79% Jun 11, 2015 - Jun 9, 2016	-10.54% Feb 24, 2026 - Apr 29, 2026
#4	-19.68% Dec 3, 2024 - Feb 26, 2026	-10.25% Feb 28, 2024 - Jul 11, 2024
#5	-13.80% Sep 19, 2014 - Jun 11, 2015	-9.31% Feb 13, 2023 - May 5, 2023
#6	-11.89% Jul 23, 2013 - Apr 10, 2014	-5.24% Jul 16, 2024 - Aug 19, 2024
#7	-11.46% Oct 4, 2016 - Jan 4, 2017	-3.98% Jan 7, 2026 - Feb 4, 2026
#8	-10.64% Jul 16, 2024 - Sep 16, 2024	-3.88% Nov 26, 2025 - Jan 7, 2026
#9	-9.65% Apr 20, 2021 - Jun 15, 2021	-3.27% Oct 20, 2025 - Nov 11, 2025
#10	-8.92% Sep 14, 2021 - Sep 26, 2023	-2.11% Feb 4, 2026 - Feb 6, 2026
#11	-7.54% Mar 2, 2026 - Mar 20, 2026	-1.62% Oct 9, 2025 - Oct 20, 2025
#12	-7.28% Jun 12, 2014 - Sep 5, 2014	-1.61% Nov 18, 2025 - Nov 24, 2025
#13	-6.61% Feb 22, 2018 - May 30, 2018	-1.48% Jan 31, 2023 - Feb 13, 2023
#14	-5.44% Oct 16, 2017 - Feb 20, 2018	-1.43% Feb 6, 2026 - Feb 17, 2026
#15	-5.43% Jun 10, 2016 - Jul 21, 2016	-1.07% Feb 17, 2026 - Feb 23, 2026

Correlation

Correlation between GGM and MEDX is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2013 - 2025)

GGM vs MEDX dividend yield comparison.

Year	GGM	MEDX
2025	1.57%	1.23%
2024	1.39%	1.92%
2023	0.50%	4.94%
2021	8.56%	0.00%
2020	11.00%	0.00%
2019	10.94%	0.00%
2018	11.82%	0.00%
2017	9.92%	0.00%
2016	9.74%	0.00%
2015	11.16%	0.00%
2014	9.59%	0.00%
2013	2.87%	0.00%