AGQI vs. GABF
Compare and contrast key facts about First Trust Active Global Quality Income ETF (AGQI) and Gabelli Financial Services Opportunities ETF (GABF).
AGQI and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGQI is an actively managed fund by First Trust. It was launched on Nov 21, 2023. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGQI or GABF.
Key characteristics
| AGQI | GABF | |
|---|---|---|
| YTD Return | 10.90% | 25.72% |
| Daily Std Dev | 10.53% | 16.03% |
| Max Drawdown | -7.80% | -17.14% |
| Current Drawdown | -1.75% | -2.41% |
Correlation
The correlation between AGQI and GABF is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AGQI vs. GABF - Performance Comparison
In the year-to-date period, AGQI achieves a 10.90% return, which is significantly lower than GABF's 25.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AGQI vs. GABF - Expense Ratio Comparison
AGQI has a 0.85% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
AGQI vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Active Global Quality Income ETF (AGQI) and Gabelli Financial Services Opportunities ETF (GABF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
AGQI vs. GABF - Dividend Comparison
AGQI's dividend yield for the trailing twelve months is around 1.61%, less than GABF's 3.93% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AGQI First Trust Active Global Quality Income ETF | 1.61% | 0.14% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 3.93% | 4.95% | 1.31% |
Drawdowns
AGQI vs. GABF - Drawdown Comparison
The maximum AGQI drawdown since its inception was -7.80%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for AGQI and GABF. For additional features, visit the drawdowns tool.
Volatility
AGQI vs. GABF - Volatility Comparison
The current volatility for First Trust Active Global Quality Income ETF (AGQI) is 3.58%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.43%. This indicates that AGQI experiences smaller price fluctuations and is considered to be less risky than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.