GDV vs. HTD

Last updated Jun 23, 2026

GDV (The Gabelli Dividend and Income Trust) and HTD (John Hancock Tax-Advantaged Dividend Income Fund) are both Dividend funds. Over the past 10 years, GDV returned 11.10%/yr vs 8.34%/yr for HTD. A 0.57 correlation means they provide meaningful diversification when combined. GDV charges 0.01%/yr vs 0.01%/yr for HTD.

Performance

GDV vs. HTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gabelli Dividend and Income Trust (GDV) and John Hancock Tax-Advantaged Dividend Income Fund (HTD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDV achieves a 7.65% return, which is significantly lower than HTD's 10.40% return. Over the past 10 years, GDV has outperformed HTD with an annualized return of 11.10%, while HTD has yielded a comparatively lower 8.34% annualized return.

GDV

• 1D: 0.00%
• 1M: 0.14%
• YTD: 7.65%
• 6M: 8.43%
• 1Y: 24.32%
• 3Y*: 19.36%
• 5Y*: 8.70%
• 10Y*: 11.10%

HTD

• 1D: 0.28%
• 1M: -0.53%
• YTD: 10.40%
• 6M: 11.43%
• 1Y: 20.46%
• 3Y*: 17.37%
• 5Y*: 8.11%
• 10Y*: 8.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDV vs. HTD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GDV The Gabelli Dividend and Income Trust	7.65%	22.83%	18.14%	11.93%	-18.61%	32.83%	4.89%	27.73%	-17.13%	24.19%
HTD John Hancock Tax-Advantaged Dividend Income Fund	10.40%	15.87%	25.68%	-9.92%	-6.24%	32.36%	-16.54%	42.77%	-9.13%	16.47%

Correlation

The correlation between GDV and HTD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Feb 25, 2004	0.57

The correlation between GDV and HTD shifts across timeframes, from 0.38 (1 year) to 0.58 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GDV vs. HTD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDV

GDV Risk / Return Rank: 55
GDV Sharpe Ratio Rank: 58
GDV Sortino Ratio Rank: 54
GDV Omega Ratio Rank: 58
GDV Calmar Ratio Rank: 47
GDV Martin Ratio Rank: 56

HTD

HTD Risk / Return Rank: 47
HTD Sharpe Ratio Rank: 39
HTD Sortino Ratio Rank: 35
HTD Omega Ratio Rank: 36
HTD Calmar Ratio Rank: 78
HTD Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDV vs. HTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gabelli Dividend and Income Trust (GDV) and John Hancock Tax-Advantaged Dividend Income Fund (HTD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GDV	HTD	Difference
Sharpe ratio: Return per unit of total volatility	2.07	1.68	+0.38
Sortino ratio: Return per unit of downside risk	2.84	2.28	+0.56
Omega ratio: Gain probability vs. loss probability	1.38	1.30	+0.09
Calmar ratio: Return relative to maximum drawdown	2.50	3.32	-0.82
Martin ratio: Return relative to average drawdown	10.69	9.24	+1.45

GDV vs. HTD - Sharpe Ratio Comparison

The current GDV Sharpe Ratio is 2.07, which is comparable to the HTD Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of GDV and HTD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GDV vs. HTD - Drawdown Comparison

The maximum GDV drawdown since its inception was -68.88%, roughly equal to the maximum HTD drawdown of -69.79%. Use the drawdown chart below to compare losses from any high point for GDV and HTD.

Drawdown Indicators

	GDV	HTD	Difference
Max Drawdown Largest peak-to-trough decline	-68.88%	-69.79%	+0.91%
Max Drawdown (1Y) Largest decline over 1 year	-9.75%	-6.18%	-3.57%
Max Drawdown (3Y) Largest decline over 3 years	-16.07%	-20.94%	+4.87%
Max Drawdown (5Y) Largest decline over 5 years	-28.33%	-31.58%	+3.25%
Max Drawdown (10Y) Largest decline over 10 years	-53.09%	-56.57%	+3.48%
Current Drawdown Current decline from peak	-1.13%	-2.33%	+1.20%
Average Drawdown Average peak-to-trough decline	-9.28%	-8.78%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	2.22%	+0.06%

Volatility

GDV vs. HTD - Volatility Comparison

The Gabelli Dividend and Income Trust (GDV) and John Hancock Tax-Advantaged Dividend Income Fund (HTD) have volatilities of 3.27% and 3.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDV	HTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	3.26%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	9.02%	9.01%	+0.01%
Volatility (1Y) Calculated over the trailing 1-year period	11.85%	12.23%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	17.76%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.67%	22.63%	-0.96%

GDV vs. HTD - Expense Ratio Comparison

GDV has a 0.01% expense ratio, which is higher than HTD's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GDV vs. HTD - Dividend Comparison

GDV's dividend yield for the trailing twelve months is around 6.01%, less than HTD's 7.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDV The Gabelli Dividend and Income Trust	6.01%	6.05%	5.47%	6.10%	6.84%	5.11%	6.15%	6.01%	7.21%	5.64%	6.59%	6.72%
HTD John Hancock Tax-Advantaged Dividend Income Fund	7.54%	7.51%	7.52%	8.73%	7.36%	5.80%	7.97%	6.06%	10.09%	8.85%	7.30%	7.06%

Frequently Asked Questions

Can I hold both GDV and HTD in my portfolio?

GDV and HTD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GDV or HTD?

GDV has higher volatility (3.27%) compared to HTD (3.26%). In terms of maximum drawdown, GDV dropped -68.88% vs HTD's -69.79%.

Which has better risk-adjusted returns?

GDV currently has the higher Sharpe Ratio (2.07 vs 1.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.