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 | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | GAB vs FLCOX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | GAB vs SWLVX |
Best Risk-Adjusted Alternatives to GAB
GAB has a PortfoliosLab risk / return rank of 13. There are 313 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 98 | — | Oct 1993 | GAB vs FGIPX | |
| PIMCO RAE US Fund | 98 | — | Jun 2015 | GAB vs PKAIX | |
| Delaware Growth and Income Fund | 98 | — | Oct 1993 | GAB vs FGINX | |
| LSV Conservative Value Equity Fund | 97 | — | Mar 2007 | GAB vs LSVVX | |
| BlackRock Advantage Large Cap Value Fund | 97 | — | Dec 1999 | GAB vs MALVX |
Top Performing GAB Alternatives (YTD)
GAB is at -3.10% YTD. There are 322 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 30.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO RAE US Fund | 30.28% | — | Jun 2015 | GAB vs PKAIX | |
| Voya Corporate Leaders Trust Fund | 29.09% | — | Nov 1935 | GAB vs LEXCX | |
| PIMCO RAE PLUS Fund | 25.37% | — | Jun 2005 | GAB vs PXTIX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 24.65% | — | Jun 2022 | GAB vs AVLVX | |
| AMG Yacktman Focused Fund | 24.36% | — | May 1997 | GAB vs YAFFX |
Lowest Volatility Alternatives to GAB
GAB has 15.11% 1-year volatility. There are 306 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 3.64%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | 3.64% | — | Feb 2021 | GAB vs ACTIX | |
| Fidelity Advisor Large Cap Fund Class M | 7.26% | — | Feb 1996 | GAB vs FALGX | |
| The Income Fund of America Class R-1 | 7.37% | — | Dec 1973 | GAB vs RIDAX | |
| Dimensional Financial Leaders Fund | 8.48% | — | May 2013 | GAB vs DFP | |
| American Century Equity Income Fund | 8.59% | 6.45B | Aug 1994 | GAB vs TWEIX |
Lowest Drawdown Alternatives to GAB
GAB has a 1-year max drawdown of -12.90%. There are 312 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 Equity Income 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
The 10 most viewed Gabelli mutual funds shown here include GOLDX, GABEX, GABSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Gabelli Gold Fund | Gold, Precious Metals | 38 | -10.82% | — | Jul 1994 | GAB vs GOLDX | |
| Gabelli Equity Income Fund | Dividend, Large Cap Blend Equities | 12 | 12.17% | — | Jan 1992 | GAB vs GABEX | |
| Gabelli Small Cap Growth Fund | Small Cap Blend Equities | 47 | 14.32% | — | Oct 1991 | GAB vs GABSX | |
| Gabelli Utilities Fund | Utilities Equities | 40 | 8.59% | — | Aug 1999 | GAB vs GABUX | |
| Gabelli Asset Fund | Large Cap Blend Equities | 57 | 10.18% | — | Mar 1986 | GAB vs GABAX | |
| Gabelli Growth Fund | Large Cap Growth Equities | 8 | 0.46% | — | Apr 1987 | GAB vs GABGX | |
| The Gabelli Dividend and Income Trust | Dividend | 71 | 11.15% | — | Nov 2003 | GAB vs GDV | |
| Gabelli Global Content & Connectivity Fund | Communications Equities | 59 | 10.17% | — | Oct 1993 | GAB vs GABTX | |
| Gabelli Value 25 Fund | Mid Cap Blend Equities | 80 | 10.34% | — | Sep 1989 | GAB vs GABVX | |
| Gabelli Focused Growth and Income Fund | Mid Cap Blend Equities | 26 | 4.23% | — | Dec 2002 | GAB vs GWSAX |
Often Compared With GAB
Investors most often compare GAB with GCV, ECF, SPY. These 20 comparison targets span 9 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