GGME vs. CRF
Compare and contrast key facts about Invesco Next Gen Media and Gaming ETF (GGME) and Cornerstone Total Return Fund, Inc. (CRF).
GGME is a passively managed fund by Invesco that tracks the performance of the STOXX World AC NexGen Media Index - Benchmark TR Gross. It was launched on Jun 23, 2005. CRF is managed by Cornerstone. It was launched on Jan 2, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GGME or CRF.
Correlation
The correlation between GGME and CRF is 0.33, 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
GGME vs. CRF - Performance Comparison
Key characteristics
GGME:
1.72
CRF:
2.36
GGME:
2.37
CRF:
2.54
GGME:
1.30
CRF:
1.53
GGME:
1.26
CRF:
2.09
GGME:
9.22
CRF:
12.14
GGME:
3.90%
CRF:
3.80%
GGME:
20.97%
CRF:
19.62%
GGME:
-69.13%
CRF:
-78.18%
GGME:
-2.89%
CRF:
-4.50%
Returns By Period
In the year-to-date period, GGME achieves a 9.02% return, which is significantly higher than CRF's 4.91% return. Over the past 10 years, GGME has underperformed CRF with an annualized return of 8.45%, while CRF has yielded a comparatively higher 12.01% annualized return.
GGME
9.02%
4.76%
16.59%
31.21%
10.68%
8.45%
CRF
4.91%
1.99%
23.55%
44.53%
16.31%
12.01%
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GGME vs. CRF - Expense Ratio Comparison
GGME has a 0.60% expense ratio, which is lower than CRF's 1.84% expense ratio.
Risk-Adjusted Performance
GGME vs. CRF — Risk-Adjusted Performance Rank
GGME
CRF
GGME vs. CRF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Next Gen Media and Gaming ETF (GGME) and Cornerstone Total Return Fund, Inc. (CRF). 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
GGME vs. CRF - Dividend Comparison
GGME's dividend yield for the trailing twelve months is around 0.08%, less than CRF's 14.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGME Invesco Next Gen Media and Gaming ETF | 0.08% | 0.08% | 2.31% | 0.76% | 0.39% | 0.30% | 0.42% | 0.93% | 0.33% | 0.16% | 1.12% | 0.50% |
CRF Cornerstone Total Return Fund, Inc. | 14.35% | 14.36% | 19.89% | 29.32% | 14.43% | 20.08% | 23.03% | 26.33% | 19.05% | 23.54% | 26.82% | 22.80% |
Drawdowns
GGME vs. CRF - Drawdown Comparison
The maximum GGME drawdown since its inception was -69.13%, smaller than the maximum CRF drawdown of -78.18%. Use the drawdown chart below to compare losses from any high point for GGME and CRF. For additional features, visit the drawdowns tool.
Volatility
GGME vs. CRF - Volatility Comparison
Invesco Next Gen Media and Gaming ETF (GGME) has a higher volatility of 4.91% compared to Cornerstone Total Return Fund, Inc. (CRF) at 3.30%. This indicates that GGME's price experiences larger fluctuations and is considered to be riskier than CRF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.