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AGQI vs. GABF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AGQI and GABF is 0.69, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Active Global Quality Income ETF (AGQI) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AGQI:

0.31

GABF:

0.99

Sortino Ratio

AGQI:

0.69

GABF:

1.59

Omega Ratio

AGQI:

1.09

GABF:

1.24

Calmar Ratio

AGQI:

0.45

GABF:

1.28

Martin Ratio

AGQI:

1.40

GABF:

4.39

Ulcer Index

AGQI:

4.52%

GABF:

6.07%

Daily Std Dev

AGQI:

14.78%

GABF:

24.21%

Max Drawdown

AGQI:

-14.07%

GABF:

-20.86%

Current Drawdown

AGQI:

0.00%

GABF:

-6.06%

Returns By Period

In the year-to-date period, AGQI achieves a 10.79% return, which is significantly higher than GABF's 0.06% return.


AGQI

YTD

10.79%

1M

8.14%

6M

7.47%

1Y

4.52%

5Y*

N/A

10Y*

N/A

GABF

YTD

0.06%

1M

9.59%

6M

-2.12%

1Y

23.68%

5Y*

N/A

10Y*

N/A

*Annualized

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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 Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGQI
The Risk-Adjusted Performance Rank of AGQI is 4242
Overall Rank
The Sharpe Ratio Rank of AGQI is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of AGQI is 4242
Sortino Ratio Rank
The Omega Ratio Rank of AGQI is 4141
Omega Ratio Rank
The Calmar Ratio Rank of AGQI is 5151
Calmar Ratio Rank
The Martin Ratio Rank of AGQI is 4444
Martin Ratio Rank

GABF
The Risk-Adjusted Performance Rank of GABF is 8484
Overall Rank
The Sharpe Ratio Rank of GABF is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of GABF is 8484
Sortino Ratio Rank
The Omega Ratio Rank of GABF is 8686
Omega Ratio Rank
The Calmar Ratio Rank of GABF is 8686
Calmar Ratio Rank
The Martin Ratio Rank of GABF is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current AGQI Sharpe Ratio is 0.31, which is lower than the GABF Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of AGQI and GABF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AGQI vs. GABF - Dividend Comparison

AGQI's dividend yield for the trailing twelve months is around 2.71%, less than GABF's 4.19% yield.


TTM202420232022
AGQI
First Trust Active Global Quality Income ETF
2.71%2.14%0.14%0.00%
GABF
Gabelli Financial Services Opportunities ETF
4.19%4.19%4.95%1.31%

Drawdowns

AGQI vs. GABF - Drawdown Comparison

The maximum AGQI drawdown since its inception was -14.07%, smaller than the maximum GABF drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for AGQI and GABF. For additional features, visit the drawdowns tool.


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Volatility

AGQI vs. GABF - Volatility Comparison

The current volatility for First Trust Active Global Quality Income ETF (AGQI) is 3.63%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 6.79%. 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.


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