The Gabelli Equity Trust Inc (GAB) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GAB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GAB
GAB charges 0.01% annually. There are 2 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | GAB vs FBLEX | |
| Dimensional Financial Leaders Fund | 0.01% | — | May 2013 | GAB vs DFP | |
| Vanguard Value Index Fund Institutional Shares | 0.03% | — | Jul 1998 | GAB vs VIVIX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | GAB vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | GAB vs FLCOX |
Best Risk-Adjusted Alternatives to GAB
GAB has a PortfoliosLab risk / return rank of 9. There are 314 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 96 | — | Oct 1993 | GAB vs FGIPX | |
| Delaware Growth and Income Fund | 96 | — | Oct 1993 | GAB vs FGINX | |
| BlackRock Advantage Large Cap Value Fund | 95 | — | Dec 1999 | GAB vs MALVX | |
| Integrity Dividend Harvest Fund | 95 | — | May 2012 | GAB vs IDIVX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 94 | — | Jun 2022 | GAB vs AVLVX |
Top Performing GAB Alternatives (YTD)
GAB is at -2.07% YTD. There are 323 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 25.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO RAE US Fund | 25.44% | — | Jun 2015 | GAB vs PKAIX | |
| Voya Corporate Leaders Trust Fund | 24.02% | — | Nov 1935 | GAB vs LEXCX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 23.70% | — | Jun 2022 | GAB vs AVLVX | |
| Al Frank Fund | 22.75% | — | May 2006 | GAB vs VALAX | |
| AMG Yacktman Focused Fund | 22.70% | — | May 1997 | GAB vs YAFFX |
Lowest Volatility Alternatives to GAB
GAB has 14.88% 1-year volatility. There are 309 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 1.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro Equity Opportunities Fund | 1.33% | — | Sep 2017 | GAB vs SHXPX | |
| Advisors Capital Tactical Fixed Income Fund | 3.62% | — | Feb 2021 | GAB vs ACTIX | |
| The Income Fund of America Class R-1 | 7.37% | — | Dec 1973 | GAB vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.50% | — | Feb 1996 | GAB vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.50% | — | Dec 2007 | GAB vs TMMAX |
Lowest Drawdown Alternatives to GAB
GAB has a 1-year max drawdown of -12.90%. There are 314 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | GAB vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | GAB vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | GAB vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | GAB vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | GAB vs SVAIX |
Other Mutual Funds from Gabelli Funds
The 3 most viewed Gabelli Funds mutual funds shown here include GDV, GUT, GCV and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Gabelli Dividend and Income Trust | Dividend | 52 | 10.62% | — | Nov 2003 | GAB vs GDV | |
| The Gabelli Utility Trust | Utilities Equities | 71 | 19.26% | — | Feb 1999 | GAB vs GUT | |
| The Gabelli Convertible and Income Securities Fund... | Convertible Bonds | 87 | 18.51% | — | Jul 1989 | GAB vs GCV |
Often Compared With GAB
Investors most often compare GAB with ECF, SPY, ACIIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare GAB with Any Fund or Stock
Compare GAB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GAB with funds that move differently
The Gabelli Equity Trust Inc alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GAB.
Explore GAB Diversifiers