GNT vs SHDG
GAMCO Natural Resources Gold & Income Trust vs Soundwatch Hedged Equity ETF
Which is better, GNT or SHDG?
GNT has been ahead.
SHDG has a lower expense ratio. GNT led over 1Y, 3Y 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 | GNT | SHDG |
|---|---|---|
| Expense Ratio | 1.18% | 0.91%Best |
| AUM | $176M | $159M |
| Dividend Yield | 8.01% | 0.48% |
| Holdings | 281 | 17 |
| YTD Return | +18.98%Best | +4.20% |
| 1Y Return | +27.97%Best | +6.80% |
| 3Y Return (annualized) | +28.29%Best | +13.52% |
| 5Y Return (annualized) | +17.64% | - |
| Volatility (annualized) | 19.8% | 9.5%Best |
| Max Drawdown | -15.7%Best | -15.8% |
| $10,000 over 4 years | $26,170Best | $16,789 |
| Fund Family | Gabelli Funds | Trust For Advised Portfolios |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 27, 2011 | Oct 24, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 24, 2022 to Oct 14, 2026 (4 years).
GNT vs SHDG 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 4 years both funds cover.
GNT vs SHDG Performance
GAMCO Natural Resources Gold & Income Trust (GNT) is an ETF from Gabelli Funds and Soundwatch Hedged Equity ETF (SHDG) is an ETF from Trust For Advised Portfolios. Over the past year GNT returned +27.97% while SHDG returned +6.80%. Year to date, GNT is up 18.98% versus a gain of 4.20% for SHDG.
Over three years, GNT compounded at +28.29% per year against +13.52% for SHDG. Across the full 4-year window we track, GNT has the edge at +27.19% annualized vs +13.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GNT has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 9.5% for SHDG. 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 -15.7% for GNT and -15.8% for SHDG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GNT charges 1.18% per year while SHDG charges 0.91%. On a $10,000 position that is $118 vs $91 annually, a gap of $27 per year that compounds over a long holding period. On income, GNT currently yields 8.01% against 0.48% for SHDG.
Holdings Overlap
We hold position weights for 85 holdings in GNT and 2 in SHDG, totalling 75.0% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 93 days apart, GNT as of Jun 30, 2026 and SHDG as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 85 positions we hold weights for in GNT and 2 in SHDG, against full books of 281 and 17.
You are not choosing between two funds in isolation.
Whichever of GNT and SHDG 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, GNT or SHDG?
GNT has an expense ratio of 1.18% while SHDG charges 0.91%. SHDG is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, GNT or SHDG?
Over the past year GNT returned +27.97% vs +6.80% for SHDG, so GNT leads on 1-year performance. Over the longest common window we track (4 years), GNT annualized +27.19% vs +13.83% for SHDG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GNT or SHDG?
GNT has been the more volatile fund at 19.8% annualized versus 9.5% for SHDG. Worst drawdown: GNT -15.7% vs SHDG -15.8%.
Should I hold both GNT and SHDG?
GNT and SHDG have a monthly-return correlation of 0.42, 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, GNT or SHDG?
GNT yields 8.01% while SHDG yields 0.48%, so GNT currently pays the higher dividend yield.
Is SHDG better than GNT?
SHDG has a lower expense ratio. GNT led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.