ASET vs. GABF

Last updated Jun 23, 2026

ASET (FlexShares Real Assets Allocation Index Fund) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - ASET is a Diversified Portfolio fund tracking the Northern Trust Real Assets Allocation Total Return, while GABF is a Financials Equities fund actively managed by Gabelli. ASET is passively managed, while GABF is actively managed. ASET charges 0.57%/yr vs 0.10%/yr for GABF.

Performance

ASET vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares Real Assets Allocation Index Fund (ASET) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GABF

• 1D: -0.27%
• 1M: 1.29%
• YTD: -4.05%
• 6M: -5.37%
• 1Y: -0.43%
• 3Y*: 21.66%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASET vs. GABF - Yearly Performance Comparison

	2026 (YTD)
ASET FlexShares Real Assets Allocation Index Fund	0.00%
GABF Gabelli Financial Services Opportunities ETF	-0.51%

Return for Risk

ASET vs. GABF — Risk / Return Rank

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

ASET

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GABF

GABF Risk / Return Rank: 8
GABF Sharpe Ratio Rank: 8
GABF Sortino Ratio Rank: 8
GABF Omega Ratio Rank: 8
GABF Calmar Ratio Rank: 8
GABF Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASET vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares Real Assets Allocation Index Fund (ASET) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ASET	GABF	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.02	—
Sortino ratio: Return per unit of downside risk	—	0.08	—
Omega ratio: Gain probability vs. loss probability	—	1.01	—
Calmar ratio: Return relative to maximum drawdown	—	-0.02	—
Martin ratio: Return relative to average drawdown	—	-0.06	—

Drawdowns

ASET vs. GABF - Drawdown Comparison

The maximum ASET drawdown since its inception was 0.00%, smaller than the maximum GABF drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for ASET and GABF.

Drawdown Indicators

	ASET	GABF	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-20.86%	+20.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-20.86%	—
Current Drawdown Current decline from peak	0.00%	-8.77%	+8.77%
Average Drawdown Average peak-to-trough decline	0.00%	-4.90%	+4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.52%	—

Volatility

Volatility by Period

	ASET	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	17.50%	-17.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	20.49%	-20.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	20.49%	-20.49%

ASET vs. GABF - Expense Ratio Comparison

ASET has a 0.57% expense ratio, which is higher than GABF's 0.10% expense ratio.

Dividends

ASET vs. GABF - Dividend Comparison

ASET has not paid dividends to shareholders, while GABF's dividend yield for the trailing twelve months is around 2.05%.

Position	TTM	2025	2024	2023	2022
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%
GABF Gabelli Financial Services Opportunities ETF	2.05%	1.96%	4.19%	4.95%	1.31%

Frequently Asked Questions

Which ETF is better, ASET or GABF?

On fees, GABF is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASET or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.57% for ASET.

Which ETF pays a higher dividend yield, ASET or GABF?

GABF has the higher dividend yield at 2.05%, compared with 0.00% for ASET.

What is the main difference between ASET and GABF?

ASET is categorized as Diversified Portfolio, while GABF is Financials Equities. They also come from different issuers: Northern Trust and Gabelli. Their fees differ too: 0.57% for ASET and 0.10% for GABF.