HEDG vs GBAB

Comparison between EQUABLE SHARES HEDGED EQUITY ETF (HEDG, ETF) and Guggenheim Taxbl Muni Bnd & Invtmnt Grd Debt Trst Com Shrs Of benf Int (GBAB, ETF).

HEDG vs GBAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEDG(ETF)	GBAB(ETF)
Net Assets	$401M	$400M
Expense Ratio	0.96%	N/A
Max Drawdown	4.33%	47.18%
Sharpe Ratio	0.78	0.22
5Y Beta	0.35	0.24
5Y Dividends CAGR	N/A	0.00%

Net Assets

Winner

HEDG

$401M

GBAB

$400M

Expense Ratio

HEDG

0.96%

GBAB

N/A

Max Drawdown

Winner

HEDG

4.33%

GBAB

47.18%

Sharpe Ratio

Winner

HEDG

0.78

GBAB

0.22

5Y Beta

HEDG

0.35

Winner

GBAB

0.24

5Y Dividends CAGR

HEDG

N/A

GBAB

0.00%

HEDG vs GBAB - Historical Returns

Returns include dividend reinvestment.

Period	HEDG	GBAB
1 month	-0.07%	+2.27%
3 months	+2.62%	-0.11%
6 months	+2.39%	-1.46%
1 year	N/A	+4.97%
5 years(CAGR)	N/A	-2.39%
10 years(CAGR)	N/A	+3.05%
Max(CAGR)	+8.40%	+5.50%

HEDG

-0.07%

Winner

GBAB

+2.27%

Winner

HEDG

+2.62%

GBAB

-0.11%

Winner

HEDG

+2.39%

GBAB

-1.46%

HEDG

N/A

GBAB

+4.97%

5Y(CAGR)

HEDG

N/A

GBAB

-2.39%

10Y(CAGR)

HEDG

N/A

GBAB

+3.05%

Max(CAGR)

Winner

HEDG

+8.40%

GBAB

+5.50%

HEDG vs GBAB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	HEDG	GBAB
2026	+2.49%	-0.40%
2025	+3.16%	+7.76%
2024	N/A	+2.63%
2023	N/A	+9.33%
2022	N/A	-24.65%
2021	N/A	-0.49%
2020	N/A	+13.95%
2019	N/A	+15.05%
2018	N/A	+3.76%
2017	N/A	+13.63%
2016	N/A	+5.95%
2015	N/A	+3.50%
2014	N/A	+20.67%
2013	N/A	-7.41%
2012	N/A	+15.12%
2011	N/A	+26.50%
2010	N/A	-9.15%

HEDG vs GBAB Drawdown Comparison

The maximum drawdown for HEDG was -3.85%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The maximum drawdown for GBAB was -35.78%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current HEDG drawdown is -0.76%. The current GBAB drawdown is -13.97%.

Rank	HEDG	GBAB
#1	-3.85% Feb 25, 2026 - Apr 17, 2026	-35.78% Sep 15, 2021 - Oct 14, 2022
#2	-1.64% Nov 11, 2025 - Nov 25, 2025	-29.93% Feb 25, 2020 - Aug 21, 2020
#3	-1.15% Feb 2, 2026 - Feb 24, 2026	-14.88% May 13, 2013 - May 29, 2014
#4	-0.81% Jan 12, 2026 - Jan 26, 2026	-14.48% May 13, 2016 - May 25, 2017
#5	-0.76% Jun 8, 2026 - Jun 11, 2026	-12.24% Nov 4, 2010 - May 31, 2011
#6	-0.60% Nov 3, 2025 - Nov 10, 2025	-11.67% Jan 29, 2015 - Nov 2, 2015
#7	-0.50% Oct 13, 2025 - Oct 17, 2025	-10.68% Feb 5, 2021 - Aug 4, 2021
#8	-0.42% Dec 12, 2025 - Dec 19, 2025	-8.94% Sep 4, 2018 - Dec 4, 2018
#9	-0.23% Jun 2, 2026 - Jun 8, 2026	-8.46% Feb 3, 2016 - Apr 8, 2016
#10	-0.20% Dec 26, 2025 - Jan 5, 2026	-7.73% Jan 8, 2018 - Aug 31, 2018
#11	-0.19% Jan 6, 2026 - Jan 9, 2026	-7.48% Oct 9, 2019 - Feb 21, 2020
#12	-0.19% Jan 27, 2026 - Feb 2, 2026	-7.30% Sep 26, 2012 - May 1, 2013
#13	-0.18% Dec 5, 2025 - Dec 10, 2025	-6.81% Aug 22, 2019 - Oct 9, 2019
#14	-0.17% Apr 17, 2026 - Apr 22, 2026	-6.41% Mar 12, 2012 - Apr 27, 2012
#15	-0.15% May 22, 2026 - May 29, 2026	-5.64% Nov 11, 2020 - Dec 29, 2020

Correlation

Correlation between HEDG and GBAB is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101

Dividend Comparison (2011 - 2026)

HEDG vs GBAB dividend yield comparison.

Year	HEDG	GBAB
2026	0.49%	5.35%
2025	1.38%	10.11%
2024	0.00%	9.92%
2023	0.00%	9.32%
2022	0.00%	9.22%
2021	0.00%	6.36%
2020	0.00%	5.92%
2019	0.00%	6.37%
2018	0.00%	6.88%
2017	0.00%	6.64%
2016	0.00%	7.51%
2015	0.00%	7.78%
2014	0.00%	7.48%
2013	0.00%	8.32%
2012	0.00%	6.82%
2011	0.00%	6.69%