GUT vs. AGNC

Last updated Jun 24, 2026

GUT (The Gabelli Utility Trust) is Utilities Equities fund managed by Gabelli Funds, while AGNC (AGNC Investment Corp.) is a stock. Over the past 10 years, GUT returned 9.53%/yr vs 6.26%/yr for AGNC. At a 0.21 correlation, their price movements are largely independent.

Performance

GUT vs. AGNC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gabelli Utility Trust (GUT) and AGNC Investment Corp. (AGNC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GUT achieves a 12.82% return, which is significantly higher than AGNC's 2.94% return. Over the past 10 years, GUT has outperformed AGNC with an annualized return of 9.53%, while AGNC has yielded a comparatively lower 6.26% annualized return.

GUT

• 1D: 2.05%
• 1M: 4.67%
• YTD: 12.82%
• 6M: 12.82%
• 1Y: 24.54%
• 3Y*: 9.46%
• 5Y*: 5.98%
• 10Y*: 9.53%

AGNC

• 1D: 0.58%
• 1M: 3.43%
• YTD: 2.94%
• 6M: 3.70%
• 1Y: 30.57%
• 3Y*: 17.81%
• 5Y*: 3.81%
• 10Y*: 6.26%

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

GUT vs. AGNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GUT The Gabelli Utility Trust	12.82%	33.14%	6.01%	-21.07%	-1.10%	9.51%	13.19%	42.32%	-7.87%	22.98%
AGNC AGNC Investment Corp.	2.94%	34.92%	8.90%	10.14%	-21.65%	5.20%	-1.78%	13.31%	-2.46%	23.73%

Correlation

The correlation between GUT and AGNC is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.23
Correlation (All Time) Calculated using the full available price history since May 15, 2008	0.21

Return for Risk

GUT vs. AGNC — Risk / Return Rank

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

GUT

GUT Risk / Return Rank: 58
GUT Sharpe Ratio Rank: 38
GUT Sortino Ratio Rank: 37
GUT Omega Ratio Rank: 37
GUT Calmar Ratio Rank: 92
GUT Martin Ratio Rank: 86

AGNC

AGNC Risk / Return Rank: 77
AGNC Sharpe Ratio Rank: 83
AGNC Sortino Ratio Rank: 79
AGNC Omega Ratio Rank: 77
AGNC Calmar Ratio Rank: 71
AGNC Martin Ratio Rank: 75

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.

GUT vs. AGNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gabelli Utility Trust (GUT) and AGNC Investment Corp. (AGNC). 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.

	GUT	AGNC	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.57	+0.10
Sortino ratio: Return per unit of downside risk	2.35	2.17	+0.18
Omega ratio: Gain probability vs. loss probability	1.30	1.27	+0.03
Calmar ratio: Return relative to maximum drawdown	4.56	1.64	+2.92
Martin ratio: Return relative to average drawdown	15.13	4.64	+10.49

GUT vs. AGNC - Sharpe Ratio Comparison

The current GUT Sharpe Ratio is 1.66, which is comparable to the AGNC Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of GUT and AGNC, 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

GUT vs. AGNC - Drawdown Comparison

The maximum GUT drawdown since its inception was -52.79%, roughly equal to the maximum AGNC drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for GUT and AGNC.

Drawdown Indicators

	GUT	AGNC	Difference
Max Drawdown Largest peak-to-trough decline	-52.79%	-54.56%	+1.77%
Max Drawdown (1Y) Largest decline over 1 year	-5.40%	-18.71%	+13.31%
Max Drawdown (3Y) Largest decline over 3 years	-30.63%	-31.04%	+0.41%
Max Drawdown (5Y) Largest decline over 5 years	-33.94%	-50.65%	+16.71%
Max Drawdown (10Y) Largest decline over 10 years	-42.21%	-54.56%	+12.35%
Current Drawdown Current decline from peak	0.00%	-9.33%	+9.33%
Average Drawdown Average peak-to-trough decline	-8.50%	-13.55%	+5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	6.60%	-4.97%

Volatility

GUT vs. AGNC - Volatility Comparison

The current volatility for The Gabelli Utility Trust (GUT) is 3.56%, while AGNC Investment Corp. (AGNC) has a volatility of 5.46%. This indicates that GUT experiences smaller price fluctuations and is considered to be less risky than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GUT	AGNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	5.46%	-1.90%
Volatility (6M) Calculated over the trailing 6-month period	10.62%	16.21%	-5.59%
Volatility (1Y) Calculated over the trailing 1-year period	14.85%	19.57%	-4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	25.73%	-4.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.80%	25.42%	-1.62%

Dividends

GUT vs. AGNC - Dividend Comparison

GUT's dividend yield for the trailing twelve months is around 9.26%, less than AGNC's 13.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGNC AGNC Investment Corp.	13.79%	13.43%	15.64%	14.68%	13.91%	9.57%	10.00%	11.31%	12.31%	10.70%	12.69%	14.30%
GUT The Gabelli Utility Trust	9.26%	9.95%	11.73%	11.07%	7.99%	7.28%	7.39%	7.72%	10.10%	8.45%	9.52%	10.53%

Frequently Asked Questions

Can I hold both GUT and AGNC in my portfolio?

GUT and AGNC have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GUT or AGNC?

AGNC has higher volatility (5.46%) compared to GUT (3.56%). In terms of maximum drawdown, GUT dropped -52.79% vs AGNC's -54.56%.

Which has better risk-adjusted returns?

GUT currently has the higher Sharpe Ratio (1.66 vs 1.57), 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.