NOWL vs GUT
Comparison between GRANITESHARES 2X LONG NOW DAILY ETF (NOWL, ETF) and Gabelli Utility Trust (GUT, ETF).
NOWL vs GUT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
NOWL
$282M
GUT
$281M
Max Drawdown
NOWL
86.57%
Winner
GUT
57.58%
Sharpe Ratio
NOWL
-1.25
Winner
GUT
1.21
5Y Beta
NOWL
1.49
Winner
GUT
0.39
5Y Dividends CAGR
NOWL
N/A
GUT
2.14%
NOWL vs GUT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NOWL
+21.79%
GUT
+3.07%
3M
NOWL
-32.81%
Winner
GUT
+7.02%
6M
NOWL
-74.79%
Winner
GUT
+10.80%
1Y
NOWL
-80.95%
Winner
GUT
+21.97%
5Y(CAGR)
NOWL
N/A
GUT
+6.09%
10Y(CAGR)
NOWL
N/A
GUT
+9.34%
Max(CAGR)
NOWL
-83.87%
Winner
GUT
+8.29%
NOWL vs GUT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NOWL | GUT |
|---|---|---|
| 2026 | -64.03% | +9.34% |
| 2025 | -42.58% | +31.06% |
| 2024 | N/A | +4.26% |
| 2023 | N/A | -22.49% |
| 2022 | N/A | -1.07% |
| 2021 | N/A | +11.29% |
| 2020 | N/A | +13.94% |
| 2019 | N/A | +42.58% |
| 2018 | N/A | -8.15% |
| 2017 | N/A | +22.38% |
| 2016 | N/A | +21.28% |
| 2015 | N/A | -14.62% |
| 2014 | N/A | +25.25% |
| 2013 | N/A | +11.09% |
| 2012 | N/A | -12.76% |
| 2011 | N/A | +33.98% |
| 2010 | N/A | -20.95% |
| 2009 | N/A | +59.59% |
| 2008 | N/A | -32.37% |
| 2007 | N/A | +4.06% |
| 2006 | N/A | +18.22% |
| 2005 | N/A | +5.52% |
| 2004 | N/A | +5.46% |
| 2003 | N/A | +20.15% |
| 2002 | N/A | -0.73% |
| 2001 | N/A | +12.68% |
| 2000 | N/A | +23.64% |
| 1999 | N/A | -3.17% |
NOWL vs GUT Drawdown Comparison
The maximum drawdown for NOWL was -86.57%, occurring on Apr 23, 2026. This drawdown has not yet recovered.
The maximum drawdown for GUT was -52.79%, occurring on Oct 10, 2008. Recovery took 304 trading sessions.
The current NOWL drawdown is -82.32%. The current GUT drawdown is -0.31%.
| Rank | NOWL | GUT |
|---|---|---|
| #1 | -86.57% Jul 24, 2025 - Apr 23, 2026 | -52.79% Sep 11, 2008 - Nov 24, 2009 |
| #2 | -1.96% Jul 16, 2025 - Jul 24, 2025 | -42.14% Feb 12, 2020 - Aug 4, 2020 |
| #3 | N/A | -35.57% Dec 14, 2009 - Dec 16, 2011 |
| #4 | N/A | -33.94% Jan 9, 2023 - Jul 9, 2025 |
| #5 | N/A | -25.63% May 9, 2002 - May 15, 2003 |
| #6 | N/A | -24.25% Aug 14, 2012 - May 23, 2014 |
| #7 | N/A | -21.24% Jul 10, 2003 - Jan 12, 2004 |
| #8 | N/A | -20.72% Jan 29, 2015 - May 24, 2016 |
| #9 | N/A | -19.94% Jan 11, 2022 - Aug 16, 2022 |
| #10 | N/A | -17.75% Feb 16, 2018 - Feb 8, 2019 |
| #11 | N/A | -17.63% Sep 19, 2005 - Oct 31, 2006 |
| #12 | N/A | -17.13% Sep 12, 2022 - Jan 6, 2023 |
| #13 | N/A | -16.27% Feb 10, 2021 - Jun 24, 2021 |
| #14 | N/A | -14.70% Mar 29, 2004 - Aug 3, 2004 |
| #15 | N/A | -13.14% Apr 16, 2007 - Jul 9, 2008 |
Correlation
Correlation between NOWL and GUT is -0.85 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.85
-101
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