Performance analysis of GDL (GDL Fund)
Annual Return
Over the past 3 years, GDL has had an average annual return of +8.45%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, GDL has had an average annual return of +4.67%, underperforming the benchmark SPY, which returned +14% annual.
Over the past 10 years, GDL has had an average annual return of +3.92%, underperforming the benchmark SPY, which returned +15.53% annual.
Since Apr 23, 2007, GDL has had an average annual return of +3.26%, underperforming the benchmark SPY, which returned +10.95% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.32% | +11.81% | +5.93% | +9% | -6.90% | +8.02% | -0.89% | +5.86% | -1.59% | +4.71% | +4.86% | +4.24% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
| -0.03% | +7.81% | +7.73% | +5.40% | +1.73% | +20.21% | -8.44% | -13.32% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.13% | +0.17% | -1.52% | +1.44% | +0.67% | -0.55% | +1.32% | ||||||
| 2025 | +2.12% | +2.20% | -0.18% | -2.01% | +3.85% | +1.01% | -0.28% | +2.52% | +1.65% | -0.47% | +0.47% | +0.48% | +11.81% |
| 2024 | -2.16% | -0.28% | +3% | -2.01% | +1.15% | +0.90% | +2.42% | +0.66% | +2.34% | -0.74% | +0.62% | +0.00614% | +5.93% |
| 2023 | +3.19% | -1.98% | +0.47% | -0.45% | +0.46% | +1.53% | +0.95% | -0.06% | -0.58% | +0.13% | +1.28% | +3.83% | +9% |
| 2022 | -1.35% | -3.86% | +2.96% | -2.55% | -0.96% | +0.38% | +1.16% | -2.35% | -0.88% | +1.01% | -0.62% | +0.12% | -6.90% |
| 2021 | +1.03% | +0.23% | +2.50% | +0.22% | +0.34% | +2.35% | -0.61% | +0.39% | +0.55% | +0.23% | -1.33% | +1.92% | +8.02% |
| 2020 | +0.21% | -2.90% | -12.21% | +0.12% | +6.37% | -0.02% | +1.70% | +1.43% | +0.11% | +0.12% | +4.17% | +1.16% | -0.89% |
| 2019 | +1.64% | +2.89% | +0.74% | -1.36% | -2.23% | +1.43% | +1.30% | -2.24% | +1.41% | +0.22% | +0.22% | +1.86% | +5.86% |
| 2018 | -0.10% | -3.29% | +0.19% | +0.11% | -0.54% | -0.00763% | -0.22% | +0.66% | -0.33% | -2.64% | +3.39% | +1.33% | -1.59% |
| 2017 | +0.51% | +0.80% | +0.30% | +1.32% | +1.61% | +2.86% | -0% | -0.09% | +1.07% | -0.82% | -2.05% | -0.81% | +4.71% |
Drawdown analysis of GDL (GDL Fund)
The maximum drawdown for the GDL was -38.67%, occurring on Mar 18, 2020. Recovery took 218 trading sessions.
The current GDL drawdown is -0.65%.
Since Apr 23, 2007 GDL has experienced the following drawdowns:
- 30% or more: 2 times
- 20% or more: 2 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.67% | Jan 15, 2020 | 43 | Mar 18, 2020 | 218 | Jan 28, 2021 | 261 |
| -36.33% | Jun 4, 2007 | 343 | Oct 10, 2008 | 612 | Mar 17, 2011 | 955 |
| -14.34% | Jun 28, 2011 | 28 | Aug 8, 2011 | 277 | Sep 12, 2012 | 305 |
| -13.30% | Oct 12, 2017 | 260 | Oct 24, 2018 | 302 | Jan 8, 2020 | 562 |
| -9.51% | Dec 17, 2021 | 202 | Oct 7, 2022 | 298 | Dec 14, 2023 | 500 |
| -7.91% | May 13, 2014 | 109 | Oct 16, 2014 | 143 | May 13, 2015 | 252 |
| -7.00% | Oct 5, 2012 | 27 | Nov 15, 2012 | 45 | Jan 23, 2013 | 72 |
| -6.41% | Jan 5, 2016 | 13 | Jan 25, 2016 | 39 | Mar 21, 2016 | 52 |
| -6.00% | Mar 25, 2025 | 14 | Apr 14, 2025 | 26 | May 21, 2025 | 40 |
| -4.89% | May 18, 2015 | 70 | Aug 26, 2015 | 82 | Dec 22, 2015 | 152 |
| -4.17% | May 20, 2013 | 22 | Jun 20, 2013 | 68 | Sep 26, 2013 | 90 |
| -3.53% | Mar 26, 2013 | 13 | Apr 15, 2013 | 23 | May 16, 2013 | 36 |
| -3.34% | Dec 26, 2023 | 43 | Feb 28, 2024 | 16 | Mar 21, 2024 | 59 |
| -3.22% | Sep 30, 2016 | 24 | Nov 3, 2016 | 32 | Dec 20, 2016 | 56 |
| -3.22% | Feb 2, 2026 | 33 | Mar 20, 2026 | 38 | May 14, 2026 | 71 |
| -2.76% | Dec 23, 2013 | 6 | Jan 2, 2014 | 40 | Mar 3, 2014 | 46 |
| -2.64% | Mar 21, 2024 | 16 | Apr 15, 2024 | 53 | Jul 1, 2024 | 69 |
| -2.63% | Sep 26, 2013 | 9 | Oct 9, 2013 | 18 | Nov 4, 2013 | 27 |
| -2.61% | Jul 28, 2025 | 4 | Aug 1, 2025 | 13 | Aug 20, 2025 | 17 |
| -2.55% | Jan 28, 2021 | 19 | Feb 25, 2021 | 20 | Mar 25, 2021 | 39 |
| -2.52% | Nov 6, 2024 | 22 | Dec 9, 2024 | 18 | Jan 6, 2025 | 40 |
| -2.48% | Nov 4, 2013 | 28 | Dec 13, 2013 | 6 | Dec 23, 2013 | 34 |
| -2.40% | Apr 11, 2011 | 30 | May 24, 2011 | 23 | Jun 27, 2011 | 53 |
| -2.23% | Sep 27, 2021 | 45 | Nov 30, 2021 | 13 | Dec 17, 2021 | 58 |
| -2.23% | Jul 25, 2017 | 12 | Aug 10, 2017 | 24 | Sep 14, 2017 | 36 |