GGN vs LGDX
GAMCO Global Gold Natural Resources & Income Trust vs Intech S&P Large Cap Diversified Alpha ETF
Which is better, GGN or LGDX?
Each has led over a different period.
LGDX has a lower expense ratio. GGN led over the full window, LGDX over 1Y.
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 | GGN | LGDX |
|---|---|---|
| Expense Ratio | 1.40% | 0.25%Best |
| AUM | $1.0B | $147M |
| Dividend Yield | 6.14% | 0.47% |
| Holdings | 221 | 590 |
| YTD Return | +2.85% | +11.53%Best |
| 1Y Return | +5.08% | +14.44%Best |
| 3Y Return (annualized) | +19.86% | - |
| 5Y Return (annualized) | +14.43% | - |
| Volatility (annualized) | 22.3% | 12.5%Best |
| Max Drawdown | -18.3% | -15.8%Best |
| $10,000 over 1.6 years | $13,780Best | $12,640 |
| Fund Family | Gabelli Funds | Intech ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 29, 2005 | Mar 1, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 28, 2025 to Oct 14, 2026 (1.6 years).
GGN vs LGDX 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 1.6 years both funds cover.
GGN vs LGDX Performance
GAMCO Global Gold Natural Resources & Income Trust (GGN) is an ETF from Gabelli Funds and Intech S&P Large Cap Diversified Alpha ETF (LGDX) is an ETF from Intech ETF. Over the past year GGN returned +5.08% while LGDX returned +14.44%. Year to date, GGN is up 2.85% versus a gain of 11.53% for LGDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GGN has been the more volatile fund, with annualized monthly volatility of 22.3% compared with 12.5% for LGDX. 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 -18.3% for GGN and -15.8% for LGDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
GGN charges 1.40% per year while LGDX charges 0.25%. On a $10,000 position that is $140 vs $25 annually, a gap of $115 per year that compounds over a long holding period. On income, GGN currently yields 6.14% against 0.47% for LGDX.
Holdings Overlap
At least 3.1% of LGDX'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.
LGDX and GGN share little of their money.
The two holdings books were reported 93 days apart, GGN as of Jun 30, 2026 and LGDX as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
17 positions in common, counted across the 71 positions we hold weights for in GGN and 295 in LGDX, against full books of 221 and 590.
Top Shared Holdings
| Stock | Weight in GGN | Weight in LGDX | Difference |
|---|---|---|---|
| NEMNewmont Corp Common | 4.31% | 0.13% | 4.18% |
| CVXChevron Corp | 3.08% | 0.31% | 2.77% |
| FCXFreeport-mcmoran Copper & Gold Inc. | 3.03% | 0.02% | 3.01% |
| VLOValero Energy | 1.87% | 0.12% | 1.75% |
| MPCMarathon Petroleum Corp | 1.40% | 0.59% | 0.81% |
| EOGEog Resources Inc | 1.03% | 0.72% | 0.31% |
| PSXPhillips 66 | 1.43% | 0.25% | 1.18% |
| BKRBaker Hughes A Ge Company | 1.23% | 0.26% | 0.97% |
| KMIKinder Morgan Inc./de | 1.26% | 0.03% | 1.23% |
| DVNDevon Energy Corp. | 1.04% | 0.07% | 0.97% |
You are not choosing between two funds in isolation.
Whichever of GGN and LGDX 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, GGN or LGDX?
GGN has an expense ratio of 1.40% while LGDX charges 0.25%. LGDX is the cheaper option, by $115 a year on a $10,000 investment.
Which performed better, GGN or LGDX?
Over the past year GGN returned +5.08% vs +14.44% for LGDX, so LGDX leads on 1-year performance. Over the longest common window we track (2 years), GGN annualized +22.19% vs +15.77% for LGDX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GGN or LGDX?
GGN has been the more volatile fund at 22.3% annualized versus 12.5% for LGDX. Worst drawdown: GGN -18.3% vs LGDX -15.8%.
Should I hold both GGN and LGDX?
GGN and LGDX have a monthly-return correlation of 0.07, 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 GGN and LGDX?
At least 3.1% of LGDX's money is in holdings GGN also owns. Our book for GGN is partial, so the real figure is this or higher. They hold 17 positions in common, counted across the 71 positions we hold weights for in GGN and 295 in LGDX.
Which pays a higher dividend, GGN or LGDX?
GGN yields 6.14% while LGDX yields 0.47%, so GGN currently pays the higher dividend yield.
Is LGDX better than GGN?
LGDX has a lower expense ratio. GGN led over the full window, LGDX over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.