AMZA vs. GCC
Compare and contrast key facts about InfraCap MLP ETF (AMZA) and WisdomTree Enhanced Commodity Strategy Fund (GCC).
AMZA and GCC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZA is an actively managed fund by Virtus Investment Partners. It was launched on Oct 7, 2014. GCC is an actively managed fund by WisdomTree. It was launched on Jan 24, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMZA or GCC.
Key characteristics
| AMZA | GCC | |
|---|---|---|
| YTD Return | 26.95% | 11.71% |
| 1Y Return | 27.94% | 9.75% |
| 3Y Return (Ann) | 24.33% | 4.09% |
| 5Y Return (Ann) | 11.60% | 7.99% |
| 10Y Return (Ann) | -3.08% | 0.77% |
| Sharpe Ratio | 1.56 | 0.76 |
| Sortino Ratio | 2.16 | 1.14 |
| Omega Ratio | 1.26 | 1.13 |
| Calmar Ratio | 0.64 | 0.24 |
| Martin Ratio | 7.28 | 2.45 |
| Ulcer Index | 4.03% | 3.86% |
| Daily Std Dev | 18.85% | 12.44% |
| Max Drawdown | -91.46% | -63.19% |
| Current Drawdown | -28.91% | -29.82% |
Correlation
The correlation between AMZA and GCC is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMZA vs. GCC - Performance Comparison
In the year-to-date period, AMZA achieves a 26.95% return, which is significantly higher than GCC's 11.71% return. Over the past 10 years, AMZA has underperformed GCC with an annualized return of -3.08%, while GCC has yielded a comparatively higher 0.77% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMZA vs. GCC - Expense Ratio Comparison
AMZA has a 2.01% expense ratio, which is higher than GCC's 0.55% expense ratio.
Risk-Adjusted Performance
AMZA vs. GCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for InfraCap MLP ETF (AMZA) and WisdomTree Enhanced Commodity Strategy Fund (GCC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AMZA vs. GCC - Dividend Comparison
AMZA's dividend yield for the trailing twelve months is around 7.33%, more than GCC's 3.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMZA InfraCap MLP ETF | 7.33% | 9.40% | 7.65% | 10.24% | 22.13% | 19.47% | 34.46% | 24.16% | 18.36% | 18.21% |
GCC WisdomTree Enhanced Commodity Strategy Fund | 3.60% | 3.68% | 22.49% | 9.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMZA vs. GCC - Drawdown Comparison
The maximum AMZA drawdown since its inception was -91.46%, which is greater than GCC's maximum drawdown of -63.19%. Use the drawdown chart below to compare losses from any high point for AMZA and GCC. For additional features, visit the drawdowns tool.
Volatility
AMZA vs. GCC - Volatility Comparison
InfraCap MLP ETF (AMZA) has a higher volatility of 5.31% compared to WisdomTree Enhanced Commodity Strategy Fund (GCC) at 4.03%. This indicates that AMZA's price experiences larger fluctuations and is considered to be riskier than GCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.