EVDAX vs. GDL
Compare and contrast key facts about Camelot Event Driven Fund Class A (EVDAX) and The GDL Fund (GDL).
EVDAX is managed by Camelot Funds. It was launched on Nov 21, 2003. GDL is managed by Gabelli. It was launched on Jan 31, 2007.
Performance
EVDAX vs. GDL - Performance Comparison
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EVDAX vs. GDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EVDAX Camelot Event Driven Fund Class A | 1.30% | 9.15% | 7.93% | 2.28% | 3.59% | 22.87% | 18.83% | 7.19% | 0.00% | 0.00% |
GDL The GDL Fund | -0.23% | 11.83% | 5.94% | 9.02% | -6.88% | 8.04% | -0.99% | 5.87% | -1.60% | 4.74% |
Returns By Period
In the year-to-date period, EVDAX achieves a 1.30% return, which is significantly higher than GDL's -0.23% return. Over the past 10 years, EVDAX has outperformed GDL with an annualized return of 7.06%, while GDL has yielded a comparatively lower 3.75% annualized return.
EVDAX
- 1D
- -0.09%
- 1M
- -1.67%
- YTD
- 1.30%
- 6M
- 0.92%
- 1Y
- 7.38%
- 3Y*
- 5.97%
- 5Y*
- 6.31%
- 10Y*
- 7.06%
GDL
- 1D
- 0.18%
- 1M
- -1.51%
- YTD
- -0.23%
- 6M
- 0.24%
- 1Y
- 7.09%
- 3Y*
- 8.24%
- 5Y*
- 4.52%
- 10Y*
- 3.75%
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EVDAX vs. GDL - Expense Ratio Comparison
EVDAX has a 2.22% expense ratio, which is higher than GDL's 0.03% expense ratio.
Return for Risk
EVDAX vs. GDL — Risk / Return Rank
EVDAX
GDL
EVDAX vs. GDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Camelot Event Driven Fund Class A (EVDAX) and The GDL Fund (GDL). 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.
| EVDAX | GDL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 0.73 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.75 | 0.99 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.14 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 1.27 | +0.38 |
Martin ratioReturn relative to average drawdown | 7.61 | 4.75 | +2.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EVDAX | GDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 0.73 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.53 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | 0.29 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.23 | -0.22 |
Correlation
The correlation between EVDAX and GDL is 0.11, 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.
Dividends
EVDAX vs. GDL - Dividend Comparison
EVDAX's dividend yield for the trailing twelve months is around 0.76%, less than GDL's 5.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVDAX Camelot Event Driven Fund Class A | 0.76% | 0.77% | 3.99% | 6.40% | 9.42% | 0.00% | 1.00% | 0.94% | 0.00% | 0.00% | 0.00% | 0.00% |
GDL The GDL Fund | 5.76% | 5.67% | 5.99% | 5.97% | 6.12% | 5.38% | 5.28% | 4.30% | 4.36% | 5.96% | 6.50% | 6.39% |
Drawdowns
EVDAX vs. GDL - Drawdown Comparison
The maximum EVDAX drawdown since its inception was -96.19%, which is greater than GDL's maximum drawdown of -38.74%. Use the drawdown chart below to compare losses from any high point for EVDAX and GDL.
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Drawdown Indicators
| EVDAX | GDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.19% | -38.74% | -57.45% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -5.21% | +1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -96.19% | -9.48% | -86.71% |
Max Drawdown (10Y)Largest decline over 10 years | -96.19% | -38.74% | -57.45% |
Current DrawdownCurrent decline from peak | -95.74% | -2.15% | -93.59% |
Average DrawdownAverage peak-to-trough decline | -6.06% | -4.96% | -1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.39% | -0.50% |
Volatility
EVDAX vs. GDL - Volatility Comparison
The current volatility for Camelot Event Driven Fund Class A (EVDAX) is 1.41%, while The GDL Fund (GDL) has a volatility of 2.56%. This indicates that EVDAX experiences smaller price fluctuations and is considered to be less risky than GDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVDAX | GDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 2.56% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 4.09% | 5.41% | -1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.13% | 9.83% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1,423.79% | 8.62% | +1,415.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1,006.79% | 12.97% | +993.82% |