ADPV vs GGN
Adaptiv Select ETF vs GAMCO Global Gold Natural Resources & Income Trust
Which is better, ADPV or GGN?
Each has led over a different period.
ADPV has a lower expense ratio. ADPV led over 3Y, GGN over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ADPV | GGN |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.40% |
| AUM | $176M | $1.0B |
| Dividend Yield | 0.69% | 6.14% |
| Holdings | 28 | 221 |
| YTD Return | -0.81% | +2.85%Best |
| 1Y Return | -3.77% | +5.08%Best |
| 3Y Return (annualized) | +22.15%Best | +19.86% |
| 5Y Return (annualized) | - | +14.43% |
| Volatility (annualized) | 18.8% | 16.9%Best |
| Max Drawdown | -22.3% | -18.3%Best |
| $10,000 over 3.9 years | $17,542 | $20,177Best |
| Fund Family | Adaptive ETFs | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Mar 29, 2005 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 4, 2022 to Oct 14, 2026 (3.9 years).
ADPV vs GGN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
ADPV vs GGN Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and GAMCO Global Gold Natural Resources & Income Trust (GGN) is an ETF from Gabelli Funds. Over the past year ADPV returned -3.77% while GGN returned +5.08%. Year to date, ADPV is down 0.81% versus a gain of 2.85% for GGN.
Over three years, ADPV compounded at +22.15% per year against +19.86% for GGN. Across the full 4-year window we track, GGN has the edge at +19.72% annualized vs +15.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ADPV has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 16.9% for GGN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.3% for ADPV and -18.3% for GGN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.08. They move largely independently of each other.
Fees and Cost Over Time
ADPV charges 1.00% per year while GGN charges 1.40%. On a $10,000 position that is $100 vs $140 annually, a gap of $40 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 6.14% for GGN.
Holdings Overlap
At least 4.2% of ADPV's money is in holdings GGN also owns.
Stated as a floor: for GGN, our book for it covers 81.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
ADPV and GGN share little of their money.
The two holdings books were reported 93 days apart, ADPV as of Oct 1, 2026 and GGN as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 26 positions we hold weights for in ADPV and 71 in GGN, against full books of 28 and 221.
Top Shared Holdings
| Stock | Weight in ADPV | Weight in GGN | Difference |
|---|---|---|---|
| APAApa Corp | 4.17% | 0.00% | 4.17% |
You are not choosing between two funds in isolation.
Whichever of ADPV and GGN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ADPV or GGN?
ADPV has an expense ratio of 1.00% while GGN charges 1.40%. ADPV is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, ADPV or GGN?
Over the past year ADPV returned -3.77% vs +5.08% for GGN, so GGN leads on 1-year performance. Over the longest common window we track (4 years), ADPV annualized +15.50% vs +19.72% for GGN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or GGN?
ADPV has been the more volatile fund at 18.8% annualized versus 16.9% for GGN. Worst drawdown: ADPV -22.3% vs GGN -18.3%.
Should I hold both ADPV and GGN?
ADPV and GGN have a monthly-return correlation of 0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ADPV and GGN?
At least 4.2% of ADPV's money is in holdings GGN also owns. Our book for GGN is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 26 positions we hold weights for in ADPV and 71 in GGN.
Which pays a higher dividend, ADPV or GGN?
ADPV yields 0.69% while GGN yields 6.14%, so GGN currently pays the higher dividend yield.
Is GGN better than ADPV?
ADPV has a lower expense ratio. ADPV led over 3Y, GGN over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.