TDV vs. GGTL

Last updated Jul 12, 2026

TDV (ProShares S&P Technology Dividend Aristocrats ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. TDV is passively managed, while GGTL is actively managed. Over the past 3 years, TDV returned 16.49%/yr vs 20.52%/yr for GGTL. Their correlation of 0.84 suggests significant overlap in exposure. TDV charges 0.66%/yr vs 0.90%/yr for GGTL.

Performance

TDV vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P Technology Dividend Aristocrats ETF (TDV) and Gabelli Global Technology Leaders ETF (GGTL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TDV achieves a 17.24% return, which is significantly lower than GGTL's 24.22% return.

TDV

• 1D: 0.28%
• 1M: -2.01%
• 6M: 12.41%
• YTD: 17.24%
• 1Y: 21.54%
• 3Y*: 16.49%
• 5Y*: 12.43%
• 10Y*: —

GGTL

• 1D: 0.44%
• 1M: 1.29%
• 6M: 22.07%
• YTD: 24.22%
• 1Y: 33.39%
• 3Y*: 20.52%
• 5Y*: —
• 10Y*: —

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

TDV vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TDV ProShares S&P Technology Dividend Aristocrats ETF	17.24%	16.05%	9.72%	27.29%	-16.58%
GGTL Gabelli Global Technology Leaders ETF	24.22%	19.78%	11.07%	18.17%	-16.10%

Correlation

The correlation between TDV and GGTL is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jan 5, 2022	0.84

The correlation between TDV and GGTL has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

TDV vs. GGTL - Sectors Allocation Comparison

Sectors	TDV	GGTL
Technology	90.7%	52.9%
Financial Services	4.9%	-
Industrials	4.4%	0.1%
Basic Materials	-	-
Communication Services	-	1.5%
Consumer Cyclical	-	0.9%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TDV vs. GGTL — Risk / Return Rank

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

TDV

TDV Risk / Return Rank: 41
TDV Sharpe Ratio Rank: 36
TDV Sortino Ratio Rank: 34
TDV Omega Ratio Rank: 34
TDV Calmar Ratio Rank: 53
TDV Martin Ratio Rank: 50

GGTL

GGTL Risk / Return Rank: 68
GGTL Sharpe Ratio Rank: 61
GGTL Sortino Ratio Rank: 56
GGTL Omega Ratio Rank: 62
GGTL Calmar Ratio Rank: 83
GGTL Martin Ratio Rank: 76

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.

TDV vs. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P Technology Dividend Aristocrats ETF (TDV) and Gabelli Global Technology Leaders ETF (GGTL). 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.

	TDV	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	1.06	1.62	-0.56
Sortino ratio: Return per unit of downside risk	1.51	2.18	-0.67
Omega ratio: Gain probability vs. loss probability	1.19	1.30	-0.11
Calmar ratio: Return relative to maximum drawdown	2.13	3.56	-1.43
Martin ratio: Return relative to average drawdown	6.60	11.27	-4.67

TDV vs. GGTL - Sharpe Ratio Comparison

The current TDV Sharpe Ratio is 1.06, which is lower than the GGTL Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of TDV and GGTL, 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

TDV vs. GGTL - Drawdown Comparison

The maximum TDV drawdown since its inception was -32.78%, which is greater than GGTL's maximum drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for TDV and GGTL.

Drawdown Indicators

	TDV	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-32.78%	-23.65%	-9.13%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-9.20%	-0.35%
Max Drawdown (3Y) Largest decline over 3 years	-22.51%	-21.46%	-1.05%
Max Drawdown (5Y) Largest decline over 5 years	-25.11%	—	—
Current Drawdown Current decline from peak	-5.15%	-4.34%	-0.81%
Average Drawdown Average peak-to-trough decline	-5.35%	-7.37%	+2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	2.90%	+0.20%

Volatility

TDV vs. GGTL - Volatility Comparison

The current volatility for ProShares S&P Technology Dividend Aristocrats ETF (TDV) is 8.45%, while Gabelli Global Technology Leaders ETF (GGTL) has a volatility of 10.53%. This indicates that TDV experiences smaller price fluctuations and is considered to be less risky than GGTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TDV	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.45%	10.53%	-2.08%
Volatility (6M) Calculated over the trailing 6-month period	15.35%	17.99%	-2.64%
Volatility (1Y) Calculated over the trailing 1-year period	19.15%	20.23%	-1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.82%	18.35%	+2.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.32%	18.35%	+4.97%

TDV vs. GGTL - Expense Ratio Comparison

TDV has a 0.66% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

TDV vs. GGTL - Dividend Comparison

TDV's dividend yield for the trailing twelve months is around 1.04%, more than GGTL's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GGTL Gabelli Global Technology Leaders ETF	0.84%	1.04%	0.75%	0.84%	0.78%	0.00%	0.00%	0.00%
TDV ProShares S&P Technology Dividend Aristocrats ETF	1.04%	1.09%	1.16%	1.16%	1.67%	1.08%	1.10%	0.11%

Frequently Asked Questions

Can I hold both TDV and GGTL in my portfolio?

TDV and GGTL have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TDV or GGTL?

GGTL has higher volatility (10.53%) compared to TDV (8.45%). In terms of maximum drawdown, TDV dropped -32.78% vs GGTL's -23.65%.

Which ETF is better, TDV or GGTL?

On 3-year performance, GGTL leads with 20.52% vs 16.49% for TDV. On fees, TDV is cheaper at 0.66% per year. On volatility, TDV has been the lower-risk option at 8.45%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TDV or GGTL?

Over the 3-year period, GGTL has performed better with a 20.52% return vs 16.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TDV or GGTL?

TDV is cheaper with a 0.66% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, TDV or GGTL?

TDV has the higher dividend yield at 1.04%, compared with 0.84% for GGTL.

What is the main difference between TDV and GGTL?

They also come from different issuers: ProShares and Gabelli. Their fees differ too: 0.66% for TDV and 0.90% for GGTL.

Which has better risk-adjusted returns?

GGTL currently has the higher Sharpe Ratio (1.62 vs 1.06), 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.