TURF vs GDL

Comparison between T. ROWE PRICE NATURAL RESOURCES ETF (TURF, ETF) and GDL Fund (GDL, ETF).

TURF vs GDL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TURF(ETF)	GDL(ETF)
Net Assets	$117M	$118M
Expense Ratio	0.44%	N/A
Max Drawdown	7.03%	71.51%
Sharpe Ratio	1.61	0.50
5Y Beta	0.59	0.10
P/E Ratio	31.49	N/A
5Y Dividends CAGR	N/A	4.56%
Debt to Equity	22.43%	N/A
P/S Ratio	1.20	N/A
P/B Ratio	2.06	N/A

Net Assets

TURF

$117M

Winner

GDL

$118M

Expense Ratio

TURF

0.44%

GDL

N/A

Max Drawdown

Winner

TURF

7.03%

GDL

71.51%

Sharpe Ratio

Winner

TURF

1.61

GDL

0.50

5Y Beta

TURF

0.59

Winner

GDL

0.10

P/E Ratio

TURF

31.49

GDL

N/A

5Y Dividends CAGR

TURF

N/A

GDL

4.56%

Debt to Equity

TURF

22.43%

GDL

N/A

P/S Ratio

TURF

1.20

GDL

N/A

P/B Ratio

TURF

2.06

GDL

N/A

TURF vs GDL - Historical Returns

Returns include dividend reinvestment.

Period	TURF	GDL
1 month	-5.23%	+0.00%
3 months	-2.88%	+0.21%
6 months	+16.32%	+2.70%
1 year	+33.48%	+6.87%
5 years(CAGR)	N/A	+4.73%
10 years(CAGR)	N/A	+3.87%
Max(CAGR)	+34.27%	+3.25%

TURF

-5.23%

Winner

GDL

+0.00%

TURF

-2.88%

Winner

GDL

+0.21%

Winner

TURF

+16.32%

GDL

+2.70%

Winner

TURF

+33.48%

GDL

+6.87%

5Y(CAGR)

TURF

N/A

GDL

+4.73%

10Y(CAGR)

TURF

N/A

GDL

+3.87%

Max(CAGR)

Winner

TURF

+34.27%

GDL

+3.25%

TURF vs GDL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	TURF	GDL
2026	+12.41%	+2.34%
2025	+17.04%	+11.53%
2024	N/A	+6.46%
2023	N/A	+8.16%
2022	N/A	-6.27%
2021	N/A	+8.15%
2020	N/A	-0.36%
2019	N/A	+6.91%
2018	N/A	-2.79%
2017	N/A	+4.29%
2016	N/A	+5.32%
2015	N/A	+4.44%
2014	N/A	+0.89%
2013	N/A	+6.69%
2012	N/A	+6.56%
2011	N/A	+5.01%
2010	N/A	+1.10%
2009	N/A	+17.35%
2008	N/A	-9.24%
2007	N/A	-13.32%

TURF vs GDL Drawdown Comparison

The maximum drawdown for TURF was -7.03%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for GDL was -38.67%, occurring on Mar 18, 2020. Recovery took 261 trading sessions.

The current TURF drawdown is -7.03%. The current GDL drawdown is -0.76%.

Rank	TURF	GDL
#1	-7.03% Mar 2, 2026 - Jun 5, 2026	-38.67% Jan 15, 2020 - Jan 28, 2021
#2	-4.92% Jan 29, 2026 - Feb 11, 2026	-36.33% Jun 4, 2007 - Mar 17, 2011
#3	-4.40% Jul 23, 2025 - Aug 22, 2025	-14.35% Jun 28, 2011 - Sep 12, 2012
#4	-4.29% Oct 6, 2025 - Nov 11, 2025	-13.30% Oct 12, 2017 - Jan 8, 2020
#5	-3.88% Nov 12, 2025 - Nov 28, 2025	-9.51% Dec 17, 2021 - Dec 14, 2023
#6	-3.32% Jun 16, 2025 - Jul 2, 2025	-7.91% May 13, 2014 - May 13, 2015
#7	-3.06% Feb 11, 2026 - Feb 24, 2026	-7.01% Oct 5, 2012 - Jan 23, 2013
#8	-2.40% Dec 11, 2025 - Dec 22, 2025	-6.41% Jan 5, 2016 - Mar 21, 2016
#9	-2.00% Jul 2, 2025 - Jul 22, 2025	-6.00% Mar 25, 2025 - May 21, 2025
#10	-1.38% Dec 4, 2025 - Dec 11, 2025	-4.89% May 18, 2015 - Dec 22, 2015
#11	-1.22% Jan 6, 2026 - Jan 9, 2026	-4.17% May 20, 2013 - Sep 26, 2013
#12	-0.92% Dec 1, 2025 - Dec 3, 2025	-3.54% Mar 26, 2013 - May 16, 2013
#13	-0.88% Dec 26, 2025 - Jan 2, 2026	-3.34% Dec 26, 2023 - Mar 21, 2024
#14	-0.83% Sep 15, 2025 - Sep 23, 2025	-3.22% Sep 30, 2016 - Dec 20, 2016
#15	-0.81% Aug 29, 2025 - Sep 10, 2025	-3.22% Feb 2, 2026 - May 14, 2026

Correlation

Correlation between TURF and GDL is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2007 - 2026)

TURF vs GDL dividend yield comparison.

Year	TURF	GDL
2026	0.00%	1.42%
2025	1.49%	5.67%
2024	0.00%	5.99%
2023	0.00%	5.97%
2022	0.00%	6.12%
2021	0.00%	5.38%
2020	0.00%	5.28%
2019	0.00%	4.30%
2018	0.00%	4.36%
2017	0.00%	5.96%
2016	0.00%	6.50%
2015	0.00%	6.39%
2014	0.00%	7.82%
2013	0.00%	11.62%
2012	0.00%	11.21%
2011	0.00%	19.85%
2010	0.00%	9.57%
2009	0.00%	8.88%
2008	0.00%	12.18%
2007	0.00%	7.50%