AESR vs GGN
Anfield US Equity Sector Rotation ETF vs GAMCO Global Gold Natural Resources & Income Trust
Which is better, AESR or GGN?
Each has led over a different period.
AESR has a lower expense ratio. AESR led over 1Y, 3Y and the full window, GGN over 5Y.
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 | AESR | GGN |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.40% |
| AUM | $257M | $1.0B |
| Dividend Yield | 0.00% | 6.14% |
| Holdings | 66 | 221 |
| YTD Return | +14.49%Best | +2.85% |
| 1Y Return | +18.02%Best | +5.08% |
| 3Y Return (annualized) | +24.85%Best | +19.86% |
| 5Y Return (annualized) | +13.25% | +14.43%Best |
| Volatility (annualized) | 17.6%Best | 21.4% |
| Max Drawdown | -31.1%Best | -53.7% |
| $10,000 over 5 years | $18,629 | $19,620Best |
| Fund Family | Horizon Funds | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2019 | Mar 29, 2005 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Oct 14, 2026 (6.8 years).
AESR 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 6.8 years both funds cover.
AESR vs GGN Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and GAMCO Global Gold Natural Resources & Income Trust (GGN) is an ETF from Gabelli Funds. Over the past year AESR returned +18.02% while GGN returned +5.08%. Year to date, AESR is up 14.49% versus a gain of 2.85% for GGN.
Over three years, AESR compounded at +24.85% per year against +19.86% for GGN; over five years the annualized figures are +13.25% and +14.43% respectively. Across the full 7-year window we track, AESR has the edge at +15.24% annualized vs +10.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGN has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 17.6% for AESR. 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 -31.1% for AESR and -53.7% 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AESR charges 0.97% per year while GGN charges 1.40%. On a $10,000 position that is $97 vs $140 annually, a gap of $43 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 6.14% for GGN.
Holdings Overlap
At least 0.8% of AESR'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.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 93 days apart, AESR 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 32 positions we hold weights for in AESR and 71 in GGN, against full books of 66 and 221.
Top Shared Holdings
| Stock | Weight in AESR | Weight in GGN | Difference |
|---|---|---|---|
| TRGPTarga Resources Corp Preferred | 0.77% | 1.29% | 0.52% |
You are not choosing between two funds in isolation.
Whichever of AESR 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, AESR or GGN?
AESR has an expense ratio of 0.97% while GGN charges 1.40%. AESR is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, AESR or GGN?
Over the past year AESR returned +18.02% vs +5.08% for GGN, so AESR leads on 1-year performance. Over the longest common window we track (7 years), AESR annualized +15.24% vs +10.28% for GGN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or GGN?
GGN has been the more volatile fund at 21.4% annualized versus 17.6% for AESR. Worst drawdown: AESR -31.1% vs GGN -53.7%.
Should I hold both AESR and GGN?
AESR and GGN have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AESR or GGN?
AESR yields 0.00% while GGN yields 6.14%, so GGN currently pays the higher dividend yield.
Is GGN better than AESR?
AESR has a lower expense ratio. AESR led over 1Y, 3Y and the full window, GGN over 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.