IPO vs GGZ
Comparison between RENAISSANCE IPO ETF (IPO, ETF) and Gabelli Global Small and Mid Cap Value Trust (GGZ, ETF).
5-Year PerformanceGGZ has outperformed IPO, delivering a return of +5.0% compared to -2.5%
IPO vs GGZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
IPO vs GGZ - Historical Returns
Returns include dividend reinvestment.
IPO vs GGZ - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | IPO | GGZ |
|---|---|---|
| 2026 | +13.93% | +5.18% |
| 2025 | +3.34% | +34.93% |
| 2024 | +20.50% | +6.27% |
| 2023 | +55.06% | +9.40% |
| 2022 | -56.71% | -26.24% |
| 2021 | -9.24% | +31.96% |
| 2020 | +104.07% | +17.72% |
| 2019 | +33.94% | +23.99% |
| 2018 | -17.82% | -22.81% |
| 2017 | +36.17% | +19.62% |
| 2016 | +2.36% | +4.79% |
| 2015 | -7.95% | +0.10% |
| 2014 | +7.41% | -3.45% |
| 2013 | +7.55% | N/A |
IPO vs GGZ Drawdown Comparison
The maximum drawdown for IPO was -68.76%, occurring on Dec 28, 2022. This drawdown has not yet recovered.
The maximum drawdown for GGZ was -56.04%, occurring on Mar 18, 2020. Recovery took 792 trading sessions.
The current IPO drawdown is -29.10%. The current GGZ drawdown is -5.21%.
| Rank | IPO | GGZ |
|---|---|---|
| #1 | -68.76% Feb 12, 2021 - Dec 28, 2022 | -56.04% Oct 12, 2017 - Dec 4, 2020 |
| #2 | -38.47% Feb 19, 2020 - May 20, 2020 | -39.38% Nov 12, 2021 - Jul 3, 2025 |
| #3 | -36.73% Apr 16, 2015 - May 15, 2017 | -15.48% Jun 22, 2015 - Sep 6, 2016 |
| #4 | -31.34% Jun 18, 2018 - May 3, 2019 | -10.35% Feb 25, 2026 - Mar 20, 2026 |
| #5 | -17.59% Jul 26, 2019 - Jan 16, 2020 | -9.39% Sep 7, 2016 - Jan 25, 2017 |
| #6 | -13.19% Mar 5, 2014 - Sep 8, 2014 | -8.84% Sep 19, 2025 - Dec 19, 2025 |
| #7 | -11.58% Oct 13, 2020 - Nov 20, 2020 | -8.33% Jul 3, 2014 - Apr 8, 2015 |
| #8 | -10.96% Sep 11, 2014 - Nov 12, 2014 | -5.54% Jun 10, 2021 - Sep 2, 2021 |
| #9 | -10.76% Sep 1, 2020 - Sep 29, 2020 | -5.27% Sep 3, 2021 - Oct 20, 2021 |
| #10 | -9.40% Dec 22, 2020 - Jan 21, 2021 | -4.75% May 7, 2021 - May 21, 2021 |
| #11 | -8.14% Aug 5, 2020 - Aug 26, 2020 | -4.38% Aug 2, 2017 - Sep 13, 2017 |
| #12 | -7.39% May 3, 2019 - Jun 18, 2019 | -3.58% Jan 7, 2021 - Feb 4, 2021 |
| #13 | -7.03% Jan 23, 2018 - Mar 6, 2018 | -3.33% Jul 23, 2025 - Aug 12, 2025 |
| #14 | -6.78% Nov 24, 2014 - Feb 11, 2015 | -3.18% Jan 26, 2026 - Feb 6, 2026 |
| #15 | -6.75% Jul 9, 2020 - Aug 3, 2020 | -2.79% Mar 17, 2021 - Apr 9, 2021 |
Correlation
Correlation between IPO and GGZ is 0.70 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2013 - 2026)
IPO vs GGZ dividend yield comparison.
| Year | IPO | GGZ |
|---|---|---|
| 2026 | 0.06% | 1.35% |
| 2025 | 0.66% | 4.60% |
| 2024 | 0.12% | 5.47% |
| 2023 | 0.00% | 5.46% |
| 2022 | 0.00% | 5.70% |
| 2021 | 0.00% | 6.54% |
| 2020 | 0.10% | 4.90% |
| 2019 | 0.26% | 4.73% |
| 2018 | 0.49% | 0.00% |
| 2017 | 0.43% | 0.00% |
| 2016 | 0.40% | 1.13% |
| 2015 | 0.11% | 0.00% |
| 2014 | 2.45% | 0.00% |
| 2013 | 0.07% | 0.00% |
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