GGN vs ARGT

Comparison between GAMCO Global Gold Natural Resources & Income Trust (GGN, ETF) and GLOBAL X MSCI ARGENTINA ETF (ARGT, ETF).

5-Year PerformanceARGT has outperformed GGN, delivering a return of +26.0% compared to +13.1%

GGN vs ARGT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GGN(ETF)	ARGT(ETF)
Net Assets	$897M	$896M
Expense Ratio	N/A	0.59%
Max Drawdown	93.33%	62.59%
Sharpe Ratio	0.68	0.24
5Y Beta	0.39	1.03
P/E Ratio	N/A	22.64
Forward P/E	N/A	7.90
5Y Dividends CAGR	0.52%	60.20%
P/S Ratio	N/A	0.00
P/B Ratio	N/A	1.82

Net Assets

Winner

GGN

$897M

ARGT

$896M

Expense Ratio

GGN

N/A

ARGT

0.59%

Max Drawdown

GGN

93.33%

Winner

ARGT

62.59%

Sharpe Ratio

Winner

GGN

0.68

ARGT

0.24

5Y Beta

Winner

GGN

0.39

ARGT

1.03

P/E Ratio

GGN

N/A

ARGT

22.64

Forward P/E

GGN

N/A

ARGT

7.90

5Y Dividends CAGR

GGN

0.52%

Winner

ARGT

60.20%

P/S Ratio

GGN

N/A

ARGT

0.00

P/B Ratio

GGN

N/A

ARGT

1.82

GGN vs ARGT - Historical Returns

Returns include dividend reinvestment.

Period	GGN	ARGT
1 month	-6.32%	+1.38%
3 months	-10.87%	+5.45%
6 months	-1.23%	+1.14%
1 year	+19.06%	+5.55%
5 years(CAGR)	+13.10%	+25.95%
10 years(CAGR)	+8.39%	+16.88%
Max(CAGR)	+3.97%	+8.71%

GGN

-6.32%

Winner

ARGT

+1.38%

GGN

-10.87%

Winner

ARGT

+5.45%

GGN

-1.23%

Winner

ARGT

+1.14%

Winner

GGN

+19.06%

ARGT

+5.55%

5Y(CAGR)

GGN

+13.10%

Winner

ARGT

+25.95%

10Y(CAGR)

GGN

+8.39%

Winner

ARGT

+16.88%

Max(CAGR)

GGN

+3.97%

Winner

ARGT

+8.71%

GGN vs ARGT - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	GGN	ARGT
2026	-2.38%	+0.50%
2025	+43.98%	+5.39%
2024	+9.58%	+67.16%
2023	+14.66%	+57.32%
2022	+6.29%	+11.81%
2021	+14.49%	+5.60%
2020	-9.04%	+14.01%
2019	+30.26%	+14.01%
2018	-22.19%	-33.83%
2017	+11.90%	+49.85%
2016	+23.23%	+30.04%
2015	-21.71%	-1.88%
2014	-14.32%	-2.30%
2013	-22.79%	+10.32%
2012	-3.38%	-21.40%
2011	-19.27%	-28.88%
2010	+28.13%	N/A
2009	+26.65%	N/A
2008	-51.76%	N/A
2007	+29.19%	N/A
2006	+20.24%	N/A
2005	+15.17%	N/A

GGN vs ARGT Drawdown Comparison

The maximum drawdown for GGN was -73.03%, occurring on Nov 20, 2008. Recovery took 4287 trading sessions.

The maximum drawdown for ARGT was -61.68%, occurring on Mar 23, 2020. Recovery took 1246 trading sessions.

The current GGN drawdown is -14.83%. The current ARGT drawdown is -11.03%.

Rank	GGN	ARGT
#1	-73.03% May 20, 2008 - Jun 4, 2025	-61.68% Jan 26, 2018 - Jan 9, 2023
#2	-22.71% Jul 13, 2007 - Sep 20, 2007	-50.53% Apr 5, 2011 - May 5, 2017
#3	-16.97% May 9, 2006 - Oct 26, 2006	-28.46% May 19, 2025 - Nov 3, 2025
#4	-16.80% Mar 2, 2026 - Mar 20, 2026	-21.27% Jan 7, 2025 - May 9, 2025
#5	-15.70% Feb 28, 2008 - May 20, 2008	-19.55% Sep 1, 2023 - Nov 24, 2023
#6	-12.12% Oct 18, 2007 - Jan 2, 2008	-16.93% Jan 27, 2026 - Mar 13, 2026
#7	-10.97% Jan 10, 2008 - Feb 27, 2008	-15.62% May 20, 2024 - Aug 30, 2024
#8	-10.91% Oct 8, 2025 - Dec 11, 2025	-13.79% Jan 26, 2023 - Apr 17, 2023
#9	-10.07% Apr 11, 2005 - Jul 6, 2005	-10.86% May 16, 2017 - Sep 13, 2017
#10	-9.70% Feb 1, 2006 - May 2, 2006	-10.32% Nov 3, 2025 - Jan 22, 2026
#11	-8.44% Jan 28, 2026 - Feb 11, 2026	-8.89% Jan 26, 2024 - Mar 21, 2024
#12	-8.43% Apr 9, 2007 - Jul 5, 2007	-8.29% Dec 16, 2024 - Jan 2, 2025
#13	-8.09% Feb 22, 2007 - Mar 21, 2007	-7.81% Nov 6, 2017 - Dec 8, 2017
#14	-7.47% Dec 28, 2006 - Jan 31, 2007	-7.65% Apr 11, 2024 - Apr 30, 2024
#15	-7.19% Sep 29, 2005 - Nov 25, 2005	-7.64% Apr 17, 2023 - Jun 5, 2023

Correlation

Correlation between GGN and ARGT is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2005 - 2026)

GGN vs ARGT dividend yield comparison.

Year	GGN	ARGT
2026	3.06%	0.00%
2025	6.98%	0.84%
2024	9.55%	1.41%
2023	10.37%	1.59%
2022	9.92%	2.45%
2021	9.60%	0.93%
2020	13.68%	0.28%
2019	13.64%	1.21%
2018	16.22%	1.34%
2017	11.52%	0.49%
2016	15.85%	0.36%
2015	17.68%	0.89%
2014	15.43%	0.47%
2013	15.96%	0.62%
2012	12.66%	1.05%
2011	11.91%	2.80%
2010	8.72%	0.00%
2009	10.29%	0.00%
2008	12.82%	0.00%
2007	6.61%	0.00%
2006	7.07%	0.00%
2005	5.32%	0.00%