GGME vs. CRF

Last updated Jun 4, 2026

GGME (Invesco Next Gen Media and Gaming ETF) and CRF (Cornerstone Total Return Fund, Inc.) are both funds - GGME is a Technology Equities fund tracking the STOXX World AC NexGen Media Index - Benchmark TR Gross, while CRF is a Large Cap Growth Equities fund managed by Cornerstone. Over the past 10 years, GGME returned 10.45%/yr vs 11.22%/yr for CRF. At a 0.34 correlation, their price movements are largely independent. GGME charges 0.60%/yr vs 1.84%/yr for CRF.

Performance

GGME vs. CRF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Next Gen Media and Gaming ETF (GGME) and Cornerstone Total Return Fund, Inc. (CRF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGME achieves a 7.37% return, which is significantly higher than CRF's -3.18% return. Over the past 10 years, GGME has underperformed CRF with an annualized return of 10.45%, while CRF has yielded a comparatively higher 11.22% annualized return.

GGME

• 1D: -0.32%
• 1M: 12.63%
• YTD: 7.37%
• 6M: 5.66%
• 1Y: 13.51%
• 3Y*: 24.13%
• 5Y*: 4.50%
• 10Y*: 10.45%

CRF

• 1D: -1.10%
• 1M: 0.49%
• YTD: -3.18%
• 6M: -1.37%
• 1Y: 13.20%
• 3Y*: 17.13%
• 5Y*: 9.64%
• 10Y*: 11.22%

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

GGME vs. CRF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGME Invesco Next Gen Media and Gaming ETF	7.37%	16.39%	32.67%	23.76%	-36.43%	10.68%	36.26%	20.28%	1.97%	7.61%
CRF Cornerstone Total Return Fund, Inc.	-3.18%	12.46%	44.39%	19.49%	-36.70%	39.73%	28.13%	21.74%	-11.74%	21.35%

Correlation

The correlation between GGME and CRF is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Jun 24, 2005	0.34

The correlation between GGME and CRF shifts across timeframes, from 0.34 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GGME vs. CRF — Risk / Return Rank

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

GGME

GGME Risk / Return Rank: 19
GGME Sharpe Ratio Rank: 22
GGME Sortino Ratio Rank: 21
GGME Omega Ratio Rank: 21
GGME Calmar Ratio Rank: 16
GGME Martin Ratio Rank: 15

CRF

CRF Risk / Return Rank: 10
CRF Sharpe Ratio Rank: 11
CRF Sortino Ratio Rank: 11
CRF Omega Ratio Rank: 12
CRF Calmar Ratio Rank: 9
CRF Martin Ratio Rank: 10

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.

GGME vs. CRF - Risk-Adjusted Trends 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.

	GGME	CRF	Difference
Sharpe ratio: Return per unit of total volatility	0.73	0.86	-0.13
Sortino ratio: Return per unit of downside risk	1.10	1.28	-0.18
Omega ratio: Gain probability vs. loss probability	1.14	1.17	-0.03
Calmar ratio: Return relative to maximum drawdown	0.54	0.89	-0.35
Martin ratio: Return relative to average drawdown	1.21	3.00	-1.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGME vs. CRF - Sharpe Ratio Comparison

The current GGME Sharpe Ratio is 0.73, which is comparable to the CRF Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of GGME and CRF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GGME	CRF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.73	0.86	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.39	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	0.44	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	0.05	+0.29

Drawdowns

GGME vs. CRF - Drawdown Comparison

The maximum GGME drawdown since its inception was -69.13%, smaller than the maximum CRF drawdown of -80.70%. Use the drawdown chart below to compare losses from any high point for GGME and CRF.

Drawdown Indicators

	GGME	CRF	Difference
Max Drawdown Largest peak-to-trough decline	-69.13%	-80.70%	+11.57%
Max Drawdown (1Y) Largest decline over 1 year	-25.23%	-14.88%	-10.35%
Max Drawdown (3Y) Largest decline over 3 years	-25.23%	-29.66%	+4.43%
Max Drawdown (5Y) Largest decline over 5 years	-44.90%	-43.12%	-1.78%
Max Drawdown (10Y) Largest decline over 10 years	-46.35%	-45.90%	-0.45%
Current Drawdown Current decline from peak	-2.98%	-4.96%	+1.98%
Average Drawdown Average peak-to-trough decline	-14.54%	-22.32%	+7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.22%	4.41%	+6.81%

Volatility

GGME vs. CRF - Volatility Comparison

Invesco Next Gen Media and Gaming ETF (GGME) has a higher volatility of 5.12% compared to Cornerstone Total Return Fund, Inc. (CRF) at 4.10%. 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.

Volatility by Period

	GGME	CRF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	4.10%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	14.30%	13.31%	+0.99%
Volatility (1Y) Calculated over the trailing 1-year period	18.63%	15.35%	+3.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.16%	25.07%	-0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.14%	25.86%	-2.72%

GGME vs. CRF - Expense Ratio Comparison

GGME has a 0.60% expense ratio, which is lower than CRF's 1.84% expense ratio.

Dividends

GGME vs. CRF - Dividend Comparison

GGME's dividend yield for the trailing twelve months is around 0.12%, less than CRF's 19.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CRF Cornerstone Total Return Fund, Inc.	19.60%	17.38%	14.32%	19.94%	29.31%	13.41%	18.91%	21.67%	24.85%	17.96%	24.08%	23.58%
GGME Invesco Next Gen Media and Gaming ETF	0.12%	0.17%	0.08%	2.31%	0.76%	0.39%	0.38%	0.50%	0.93%	0.33%	0.16%	1.11%

Frequently Asked Questions

Can I hold both GGME and CRF in my portfolio?

GGME and CRF have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGME or CRF?

GGME has higher volatility (5.12%) compared to CRF (4.10%). In terms of maximum drawdown, GGME dropped -69.13% vs CRF's -80.70%.

Which has better risk-adjusted returns?

CRF currently has the higher Sharpe Ratio (0.86 vs 0.73), 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.