GGN vs. IXC
Compare and contrast key facts about GAMCO Global Gold, Natural Resources and Income Trust (GGN) and iShares Global Energy ETF (IXC).
GGN is managed by Gabelli. It was launched on Jan 4, 2005. IXC is a passively managed fund by iShares that tracks the performance of the S&P Global Energy Sector Index. It was launched on Nov 16, 2001.
Performance
GGN vs. IXC - Performance Comparison
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GGN vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGN GAMCO Global Gold, Natural Resources and Income Trust | 4.82% | 48.19% | 9.59% | 15.01% | 6.80% | 17.41% | -8.62% | 36.59% | -19.53% | 9.54% |
IXC iShares Global Energy ETF | 37.40% | 13.98% | 1.95% | 3.92% | 48.51% | 40.88% | -31.00% | 12.67% | -14.85% | 5.54% |
Returns By Period
In the year-to-date period, GGN achieves a 4.82% return, which is significantly lower than IXC's 37.40% return. Both investments have delivered pretty close results over the past 10 years, with GGN having a 11.12% annualized return and IXC not far ahead at 11.57%.
GGN
- 1D
- 4.11%
- 1M
- -7.28%
- YTD
- 4.82%
- 6M
- 6.78%
- 1Y
- 31.12%
- 3Y*
- 23.74%
- 5Y*
- 19.00%
- 10Y*
- 11.12%
IXC
- 1D
- -0.78%
- 1M
- 11.19%
- YTD
- 37.40%
- 6M
- 40.78%
- 1Y
- 42.12%
- 3Y*
- 19.66%
- 5Y*
- 22.95%
- 10Y*
- 11.57%
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GGN vs. IXC - Expense Ratio Comparison
GGN has a 0.02% expense ratio, which is lower than IXC's 0.46% expense ratio.
Return for Risk
GGN vs. IXC — Risk / Return Rank
GGN
IXC
GGN vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GAMCO Global Gold, Natural Resources and Income Trust (GGN) and iShares Global Energy ETF (IXC). 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.
| GGN | IXC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.27 | 1.90 | -0.63 |
Sortino ratioReturn per unit of downside risk | 1.65 | 2.35 | -0.71 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.36 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 2.39 | -0.49 |
Martin ratioReturn relative to average drawdown | 7.45 | 7.98 | -0.53 |
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
| GGN | IXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 1.90 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.98 | 0.98 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.43 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.33 | -0.18 |
Correlation
The correlation between GGN and IXC is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GGN vs. IXC - Dividend Comparison
GGN's dividend yield for the trailing twelve months is around 6.77%, more than IXC's 2.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGN GAMCO Global Gold, Natural Resources and Income Trust | 6.77% | 6.98% | 9.55% | 10.37% | 9.92% | 9.60% | 13.68% | 13.64% | 16.22% | 11.52% | 15.85% | 17.68% |
IXC iShares Global Energy ETF | 2.68% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Drawdowns
GGN vs. IXC - Drawdown Comparison
The maximum GGN drawdown since its inception was -73.04%, which is greater than IXC's maximum drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for GGN and IXC.
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Drawdown Indicators
| GGN | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.04% | -67.88% | -5.16% |
Max Drawdown (1Y)Largest decline over 1 year | -16.80% | -18.03% | +1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.08% | -24.93% | +2.85% |
Max Drawdown (10Y)Largest decline over 10 years | -53.04% | -64.16% | +11.12% |
Current DrawdownCurrent decline from peak | -8.55% | -1.12% | -7.43% |
Average DrawdownAverage peak-to-trough decline | -31.99% | -17.57% | -14.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.30% | 5.41% | -1.11% |
Volatility
GGN vs. IXC - Volatility Comparison
GAMCO Global Gold, Natural Resources and Income Trust (GGN) has a higher volatility of 10.69% compared to iShares Global Energy ETF (IXC) at 4.41%. This indicates that GGN's price experiences larger fluctuations and is considered to be riskier than IXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGN | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.69% | 4.41% | +6.28% |
Volatility (6M)Calculated over the trailing 6-month period | 20.48% | 12.78% | +7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.59% | 22.29% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 23.46% | -4.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.53% | 26.78% | -3.25% |