Guinness Atkinson Global Energy Fund (GAGEX)
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded equity securities of both U.S. and non-U.S. companies principally engaged in the production, exploration or discovery, or distribution of energy including the research and development or production of alternative energy sources. It will invest in companies economically tied to U.S. and to foreign countries, including, potentially, companies domiciled or traded in emerging markets.
Fund Info
| ISIN | US4020314054 |
|---|---|
| CUSIP | 402031405 |
| Issuer | Guinness Atkinson |
| Inception Date | Jun 29, 2004 |
| Category | Energy Equities |
| Min. Investment | $5,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
GAGEX has a high expense ratio of 1.46%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Guinness Atkinson Global Energy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Guinness Atkinson Global Energy Fund had a return of 13.06% year-to-date (YTD) and 23.87% in the last 12 months. Over the past 10 years, Guinness Atkinson Global Energy Fund had an annualized return of -1.03%, while the S&P 500 had an annualized return of 10.84%, indicating that Guinness Atkinson Global Energy Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.06% | 10.00% |
| 1 month | -0.68% | 2.41% |
| 6 months | 11.56% | 16.70% |
| 1 year | 23.87% | 26.85% |
| 5 years (annualized) | 7.66% | 12.81% |
| 10 years (annualized) | -1.03% | 10.84% |
Monthly Returns
The table below presents the monthly returns of GAGEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.80% | 2.48% | 9.49% | 1.59% | 13.06% | ||||||||
| 2023 | 3.66% | -5.44% | -1.80% | 2.84% | -9.69% | 6.96% | 8.00% | 1.67% | 2.84% | -4.13% | -0.49% | -0.36% | 2.66% |
| 2022 | 13.31% | 1.74% | 5.58% | -1.34% | 13.48% | -15.27% | 4.10% | 2.39% | -11.46% | 22.57% | 4.05% | -3.34% | 34.32% |
| 2021 | 3.69% | 16.09% | 2.13% | -0.13% | 7.84% | 2.30% | -7.93% | 1.03% | 11.78% | 6.26% | -6.97% | 4.85% | 45.96% |
| 2020 | -10.86% | -14.98% | -32.68% | 13.79% | 1.40% | 0.17% | -3.28% | 3.57% | -14.93% | -5.17% | 30.70% | 5.78% | -34.12% |
| 2019 | 12.47% | 1.42% | 0.63% | 2.55% | -10.07% | 6.20% | -3.73% | -7.29% | 5.44% | -2.24% | -0.00% | 6.80% | 10.45% |
| 2018 | 4.54% | -10.49% | 2.59% | 11.47% | 3.00% | 0.96% | 0.75% | -3.89% | 4.00% | -12.97% | -6.18% | -11.37% | -18.90% |
| 2017 | -2.40% | -3.78% | -1.65% | -2.09% | -3.75% | -2.57% | 3.80% | -4.20% | 10.85% | -0.46% | 1.66% | 4.62% | -1.04% |
| 2016 | -4.53% | -3.79% | 13.33% | 11.76% | -2.83% | 1.72% | -3.28% | 1.60% | 3.10% | -1.53% | 7.43% | 3.08% | 27.04% |
| 2015 | -4.55% | 6.43% | -4.21% | 11.94% | -6.56% | -5.27% | -11.04% | -6.03% | -9.11% | 11.09% | -0.10% | -10.17% | -26.96% |
| 2014 | -3.98% | 7.67% | 1.97% | 5.00% | 1.78% | 6.70% | -6.31% | 2.19% | -8.38% | -9.41% | -12.03% | -4.37% | -19.64% |
| 2013 | 7.53% | -3.06% | 0.95% | -1.09% | 2.20% | -3.63% | 7.31% | 0.69% | 6.11% | 5.85% | -1.04% | 1.19% | 24.58% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of GAGEX is 49, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
GAGEX (Guinness Atkinson Global Energy Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Guinness Atkinson Global Energy Fund (GAGEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Guinness Atkinson Global Energy Fund granted a 3.83% dividend yield in the last twelve months. The annual payout for that period amounted to $1.01 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.01 | $1.01 | $0.04 | $0.46 | $0.45 | $0.38 | $0.31 | $0.32 | $0.26 | $0.25 | $0.35 | $0.15 |
Dividend yield | 3.83% | 4.33% | 0.15% | 2.59% | 3.60% | 1.91% | 1.72% | 1.40% | 1.13% | 1.33% | 1.37% | 0.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Guinness Atkinson Global Energy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.01 | $1.01 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.46 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2013 | $0.15 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Guinness Atkinson Global Energy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Guinness Atkinson Global Energy Fund was 78.88%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current Guinness Atkinson Global Energy Fund drawdown is 18.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.88% | Jun 24, 2014 | 1444 | Mar 18, 2020 | — | — | — |
| -67.56% | May 21, 2008 | 128 | Nov 20, 2008 | 1370 | May 6, 2014 | 1498 |
| -21.45% | Apr 24, 2006 | 113 | Oct 3, 2006 | 139 | Apr 25, 2007 | 252 |
| -16.87% | Jan 4, 2008 | 13 | Jan 23, 2008 | 56 | Apr 14, 2008 | 69 |
| -16.4% | Jul 20, 2007 | 20 | Aug 16, 2007 | 40 | Oct 12, 2007 | 60 |
Volatility
Volatility Chart
The current Guinness Atkinson Global Energy Fund volatility is 3.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.