GGGIX vs. QQQX
Compare and contrast key facts about Gabelli Global Growth Fund Class I (GGGIX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX).
GGGIX is an actively managed fund by Gabelli. It was launched on Feb 7, 1994. QQQX is a passively managed fund by Nuveen that tracks the performance of the Nasdaq 100 Index. It was launched on Jan 30, 2007.
Performance
GGGIX vs. QQQX - Performance Comparison
Loading graphics...
GGGIX vs. QQQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGGIX Gabelli Global Growth Fund Class I | -6.45% | 13.90% | 29.68% | 34.48% | -37.43% | 21.09% | 35.41% | 31.07% | -2.31% | 29.85% |
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | -0.91% | 14.87% | 25.61% | 21.68% | -27.39% | 25.32% | 15.75% | 28.83% | -11.68% | 39.19% |
Returns By Period
In the year-to-date period, GGGIX achieves a -6.45% return, which is significantly lower than QQQX's -0.91% return. Over the past 10 years, GGGIX has outperformed QQQX with an annualized return of 12.60%, while QQQX has yielded a comparatively lower 11.88% annualized return.
GGGIX
- 1D
- 1.20%
- 1M
- -3.74%
- YTD
- -6.45%
- 6M
- -6.25%
- 1Y
- 10.68%
- 3Y*
- 16.88%
- 5Y*
- 7.29%
- 10Y*
- 12.60%
QQQX
- 1D
- -0.40%
- 1M
- 2.13%
- YTD
- -0.91%
- 6M
- 4.56%
- 1Y
- 25.05%
- 3Y*
- 13.43%
- 5Y*
- 8.08%
- 10Y*
- 11.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GGGIX vs. QQQX - Expense Ratio Comparison
GGGIX has a 0.90% expense ratio, which is lower than QQQX's 0.92% expense ratio.
Return for Risk
GGGIX vs. QQQX — Risk / Return Rank
GGGIX
QQQX
GGGIX vs. QQQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Growth Fund Class I (GGGIX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX). 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.
| GGGIX | QQQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 1.19 | -0.53 |
Sortino ratioReturn per unit of downside risk | 1.10 | 1.78 | -0.68 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.28 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 2.01 | -1.06 |
Martin ratioReturn relative to average drawdown | 3.78 | 9.96 | -6.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GGGIX | QQQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 1.19 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.41 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.57 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.45 | +0.14 |
Correlation
The correlation between GGGIX and QQQX is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GGGIX vs. QQQX - Dividend Comparison
GGGIX's dividend yield for the trailing twelve months is around 14.78%, more than QQQX's 8.30% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGGIX Gabelli Global Growth Fund Class I | 14.78% | 13.82% | 2.41% | 0.29% | 0.18% | 4.10% | 2.31% | 9.87% | 8.25% | 3.11% | 7.83% | 6.39% |
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | 8.30% | 7.85% | 6.73% | 7.26% | 9.66% | 5.85% | 6.00% | 6.49% | 8.40% | 5.95% | 7.54% | 7.23% |
Drawdowns
GGGIX vs. QQQX - Drawdown Comparison
The maximum GGGIX drawdown since its inception was -43.91%, smaller than the maximum QQQX drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for GGGIX and QQQX.
Loading graphics...
Drawdown Indicators
| GGGIX | QQQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.91% | -57.25% | +13.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.46% | -9.66% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -43.91% | -29.33% | -14.58% |
Max Drawdown (10Y)Largest decline over 10 years | -43.91% | -35.96% | -7.95% |
Current DrawdownCurrent decline from peak | -8.39% | -1.26% | -7.13% |
Average DrawdownAverage peak-to-trough decline | -7.41% | -8.09% | +0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 2.61% | +0.54% |
Volatility
GGGIX vs. QQQX - Volatility Comparison
The current volatility for Gabelli Global Growth Fund Class I (GGGIX) is 6.37%, while Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a volatility of 8.06%. This indicates that GGGIX experiences smaller price fluctuations and is considered to be less risky than QQQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GGGIX | QQQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 8.06% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 11.99% | -1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.15% | 21.14% | -3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.16% | 19.80% | +2.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.70% | 21.05% | -0.35% |