GGN vs FHEQ

Comparison between GAMCO Global Gold Natural Resources & Income Trust (GGN, ETF) and FIDELITY HEDGED EQUITY ETF (FHEQ, ETF).

GGN vs FHEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GGN(ETF)	FHEQ(ETF)
Net Assets	$897M	$897M
Expense Ratio	N/A	0.48%
Max Drawdown	93.33%	11.49%
Sharpe Ratio	0.66	1.14
5Y Beta	0.41	0.58
P/E Ratio	N/A	26.60
Forward P/E	N/A	19.87
PEG Ratio	N/A	0.20
5Y Dividends CAGR	1.61%	N/A
5Y EPS CAGR	N/A	28.12%
Debt to Equity	N/A	40.72%
P/S Ratio	N/A	3.82
P/B Ratio	N/A	5.40

Net Assets

GGN

$897M

Winner

FHEQ

$897M

Expense Ratio

GGN

N/A

FHEQ

0.48%

Max Drawdown

GGN

93.33%

Winner

FHEQ

11.49%

Sharpe Ratio

GGN

0.66

Winner

FHEQ

1.14

5Y Beta

Winner

GGN

0.41

FHEQ

0.58

P/E Ratio

GGN

N/A

FHEQ

26.60

Forward P/E

GGN

N/A

FHEQ

19.87

PEG Ratio

GGN

N/A

FHEQ

0.20

5Y Dividends CAGR

GGN

1.61%

FHEQ

N/A

5Y EPS CAGR

GGN

N/A

FHEQ

28.12%

Debt to Equity

GGN

N/A

FHEQ

40.72%

P/S Ratio

GGN

N/A

FHEQ

3.82

P/B Ratio

GGN

N/A

FHEQ

5.40

GGN vs FHEQ - Historical Returns

Returns include dividend reinvestment.

Period	GGN	FHEQ
1 month	-2.62%	+0.85%
3 months	-9.54%	+6.48%
6 months	-7.52%	+8.84%
1 year	+15.47%	+15.66%
5 years(CAGR)	+14.18%	N/A
10 years(CAGR)	+8.08%	N/A
Max(CAGR)	+3.89%	+14.40%

GGN

-2.62%

Winner

FHEQ

+0.85%

GGN

-9.54%

Winner

FHEQ

+6.48%

GGN

-7.52%

Winner

FHEQ

+8.84%

GGN

+15.47%

Winner

FHEQ

+15.66%

5Y(CAGR)

GGN

+14.18%

FHEQ

N/A

10Y(CAGR)

GGN

+8.08%

FHEQ

N/A

Max(CAGR)

GGN

+3.89%

Winner

FHEQ

+14.40%

GGN vs FHEQ - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	GGN	FHEQ
2026	-3.39%	+8.35%
2025	+43.98%	+13.41%
2024	+9.58%	+10.57%
2023	+14.66%	N/A
2022	+6.29%	N/A
2021	+14.49%	N/A
2020	-9.04%	N/A
2019	+30.26%	N/A
2018	-22.19%	N/A
2017	+11.90%	N/A
2016	+23.23%	N/A
2015	-21.71%	N/A
2014	-14.32%	N/A
2013	-22.79%	N/A
2012	-3.38%	N/A
2011	-19.27%	N/A
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 FHEQ Drawdown Comparison

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

The maximum drawdown for FHEQ was -11.12%, occurring on Apr 21, 2025. Recovery took 134 trading sessions.

The current GGN drawdown is -15.72%. The current FHEQ drawdown is -0.88%.

Rank	GGN	FHEQ
#1	-73.03% May 20, 2008 - Jun 4, 2025	-11.12% Dec 6, 2024 - Jun 24, 2025
#2	-22.71% Jul 13, 2007 - Sep 20, 2007	-7.77% Feb 2, 2026 - Apr 17, 2026
#3	-16.97% May 9, 2006 - Oct 26, 2006	-5.40% Jul 16, 2024 - Aug 23, 2024
#4	-16.95% Mar 2, 2026 - Jun 24, 2026	-4.31% Oct 28, 2025 - Dec 11, 2025
#5	-15.70% Feb 28, 2008 - May 20, 2008	-4.09% Jun 2, 2026 - Jun 10, 2026
#6	-12.12% Oct 18, 2007 - Jan 2, 2008	-3.60% Aug 23, 2024 - Sep 19, 2024
#7	-10.97% Jan 10, 2008 - Feb 27, 2008	-3.13% Apr 11, 2024 - May 14, 2024
#8	-10.91% Oct 8, 2025 - Dec 11, 2025	-2.44% Oct 6, 2025 - Oct 24, 2025
#9	-10.07% Apr 11, 2005 - Jul 6, 2005	-2.30% Dec 24, 2025 - Feb 2, 2026
#10	-9.70% Feb 1, 2006 - May 2, 2006	-2.10% Oct 14, 2024 - Nov 6, 2024
#11	-8.44% Jan 28, 2026 - Feb 11, 2026	-2.03% Nov 11, 2024 - Dec 2, 2024
#12	-8.43% Apr 9, 2007 - Jul 5, 2007	-2.01% Dec 11, 2025 - Dec 24, 2025
#13	-8.09% Feb 22, 2007 - Mar 21, 2007	-1.84% Jul 25, 2025 - Aug 8, 2025
#14	-7.47% Dec 28, 2006 - Jan 31, 2007	-1.71% May 14, 2026 - May 26, 2026
#15	-7.19% Sep 29, 2005 - Nov 25, 2005	-1.40% Aug 28, 2025 - Sep 9, 2025

Correlation

Correlation between GGN and FHEQ is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2005 - 2026)

GGN vs FHEQ dividend yield comparison.

Year	GGN	FHEQ
2026	4.38%	0.30%
2025	6.98%	0.63%
2024	9.55%	0.50%
2023	10.37%	0.00%
2022	9.92%	0.00%
2021	9.60%	0.00%
2020	13.68%	0.00%
2019	13.64%	0.00%
2018	16.22%	0.00%
2017	11.52%	0.00%
2016	15.85%	0.00%
2015	17.68%	0.00%
2014	15.43%	0.00%
2013	15.96%	0.00%
2012	12.66%	0.00%
2011	11.91%	0.00%
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%