Gabelli ABC Fund (GABCX) belongs to the Event Driven category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GABCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GABCX
GABCX charges 0.79% annually. No mutual funds in the Event Driven category have lower expense ratios; the lowest-cost alternatives shown here go as low as 1.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 1.01% | — | Feb 2001 | GABCX vs EMAYX | |
| BlackRock Event Driven Equity Fund | 1.16% | — | Dec 2007 | GABCX vs BILPX | |
| The Merger Fund Class I | 1.32% | — | Aug 2013 | GABCX vs MERIX | |
| The Arbitrage Fund | 1.43% | — | Sep 2000 | GABCX vs ARBFX | |
| Water Island Event-Driven Fund | 1.44% | — | Sep 2010 | GABCX vs AEDNX |
Best Risk-Adjusted Alternatives to GABCX
GABCX has a PortfoliosLab risk / return rank of 41. There are 13 mutual funds in the Event Driven category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| NexPoint Merger Arbitrage Fund | 99 | — | Aug 2016 | GABCX vs HMEZX | |
| Vivaldi Merger Arbitrage Fund Class I | 98 | — | Oct 2015 | GABCX vs VARBX | |
| The Merger Fund Class I | 98 | — | Aug 2013 | GABCX vs MERIX | |
| The Arbitrage Fund Class Institutional | 97 | — | Oct 2003 | GABCX vs ARBNX | |
| Dunham Monthly Distribution Fund | 97 | — | Jul 2008 | GABCX vs DAMDX |
Top Performing GABCX Alternatives (YTD)
GABCX is at 3.50% YTD. There is 1 mutual fund in the Event Driven category with a higher YTD return, going as high as 6.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Enterprise Mergers and Acquisitions Fund | 6.55% | — | Feb 2001 | GABCX vs EMAYX | |
| Water Island Event-Driven Fund | 3.13% | — | Sep 2010 | GABCX vs AEDNX | |
| Camelot Event-Driven Fund Institutional Class | 2.27% | — | Jun 2010 | GABCX vs EVDIX | |
| BlackRock Event Driven Equity Fund | 2.21% | — | Dec 2007 | GABCX vs BILPX | |
| Camelot Event Driven Fund Class A | 2.14% | — | Nov 2003 | GABCX vs EVDAX |
Lowest Volatility Alternatives to GABCX
GABCX has 4.98% 1-year volatility. There are 12 mutual funds in the Event Driven category with lower 1-year volatility, going as low as 1.08%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | 1.08% | — | Oct 2015 | GABCX vs VARBX | |
| NexPoint Merger Arbitrage Fund | 1.28% | — | Aug 2016 | GABCX vs HMEZX | |
| The Merger Fund Class I | 1.52% | — | Aug 2013 | GABCX vs MERIX | |
| The Merger Fund | 1.55% | — | Jan 1989 | GABCX vs MERFX | |
| Virtus Westchester Credit Event Fund | 1.71% | — | Dec 2017 | GABCX vs WCFRX |
Lowest Drawdown Alternatives to GABCX
GABCX has a 1-year max drawdown of -2.67%. There are 14 mutual funds in the Event Driven category with shallower 1-year drawdowns, going as shallow as -0.37%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vivaldi Merger Arbitrage Fund Class I | -0.37% | — | Oct 2015 | GABCX vs VARBX | |
| The Merger Fund Class I | -0.47% | — | Aug 2013 | GABCX vs MERIX | |
| The Merger Fund | -0.52% | — | Jan 1989 | GABCX vs MERFX | |
| NexPoint Merger Arbitrage Fund | -0.55% | — | Aug 2016 | GABCX vs HMEZX | |
| The Arbitrage Fund | -0.88% | — | Sep 2000 | GABCX vs ARBFX |
Other Mutual Funds from Gabelli
The 10 most viewed Gabelli mutual funds shown here include GOLDX, GABEX, GABSX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Gabelli Gold Fund | Gold, Precious Metals | 23 | -4.65% | — | Jul 1994 | GABCX vs GOLDX | |
| Gabelli Equity Income Fund | Large Cap Blend Equities | 7 | 8.58% | — | Jan 1992 | GABCX vs GABEX | |
| Gabelli Small Cap Growth Fund | Small Cap Blend Equities | 42 | 14.76% | — | Oct 1991 | GABCX vs GABSX | |
| Gabelli Asset Fund | Large Cap Blend Equities | 41 | 9.38% | — | Mar 1986 | GABCX vs GABAX | |
| Gabelli Utilities Fund | Utilities Equities | 35 | 7.75% | — | Aug 1999 | GABCX vs GABUX | |
| Gabelli Growth Fund | Large Cap Growth Equities | 12 | 1.64% | — | Apr 1987 | GABCX vs GABGX | |
| Gabelli Global Content & Connectivity Fund | Communications Equities | 69 | 12.37% | — | Oct 1993 | GABCX vs GABTX | |
| Gabelli Dividend Growth Fund | Large Cap Value Equities | 44 | 6.68% | — | Aug 1999 | GABCX vs GABBX | |
| Gabelli Focused Growth and Income Fund | Mid Cap Blend Equities | 20 | 5.26% | — | Dec 2002 | GABCX vs GWSAX | |
| Gabelli Global Growth Fund | Global Equities | 14 | 3.13% | — | Feb 1994 | GABCX vs GICPX |
Often Compared With GABCX
Investors most often compare GABCX with VIG, GDL, DEVDX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard Dividend Appreciation ETF | Dividend | 54 | 6.98% | 127.80B | Apr 2006 | GABCX vs VIG | |
| The GDL Fund | Event Driven | 23 | 2.66% | — | Jan 2007 | GABCX vs GDL | |
| Driehaus Event Driven Fund | Event Driven | — | — | — | Aug 2013 | GABCX vs DEVDX | |
| BlackRock Event Driven Equity Fund Investor Class ... | Event Driven | 74 | 2.13% | — | Dec 2007 | GABCX vs BALPX | |
| Virtus Westchester Event-Driven Fund | Event Driven | 67 | 1.55% | — | Jan 2014 | GABCX vs WCEIX | |
| Gabelli Value 25 Fund | Mid Cap Blend Equities | 63 | 8.25% | — | Sep 1989 | GABCX vs GABVX |
Compare GABCX with Any Fund or Stock
Compare GABCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GABCX with funds that move differently
Gabelli ABC Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GABCX.
Explore GABCX Diversifiers