AVK vs. GCV
Compare and contrast key facts about Advent Convertible and Income Fund (AVK) and The Gabelli Convertible and Income Securities Fund Inc (GCV).
AVK is an actively managed fund by Guggenheim. It was launched on Apr 29, 2003. GCV is managed by Gabelli Funds. It was launched on Jul 3, 1989.
Performance
AVK vs. GCV - Performance Comparison
Loading graphics...
AVK vs. GCV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVK Advent Convertible and Income Fund | -8.46% | 19.66% | 19.42% | 18.16% | -34.45% | 30.18% | 17.62% | 36.54% | -13.36% | 17.28% |
GCV The Gabelli Convertible and Income Securities Fund Inc | 6.04% | 22.86% | 19.93% | -15.58% | -23.95% | 19.99% | 16.97% | 45.72% | -19.03% | 37.30% |
Returns By Period
In the year-to-date period, AVK achieves a -8.46% return, which is significantly lower than GCV's 6.04% return. Both investments have delivered pretty close results over the past 10 years, with AVK having a 9.75% annualized return and GCV not far behind at 9.54%.
AVK
- 1D
- 3.14%
- 1M
- -9.99%
- YTD
- -8.46%
- 6M
- -7.73%
- 1Y
- 8.54%
- 3Y*
- 12.28%
- 5Y*
- 3.77%
- 10Y*
- 9.75%
GCV
- 1D
- 2.39%
- 1M
- -1.33%
- YTD
- 6.04%
- 6M
- 9.63%
- 1Y
- 28.78%
- 3Y*
- 11.57%
- 5Y*
- 3.68%
- 10Y*
- 9.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVK vs. GCV - Expense Ratio Comparison
AVK has a 0.75% expense ratio, which is higher than GCV's 0.01% expense ratio.
Return for Risk
AVK vs. GCV — Risk / Return Rank
AVK
GCV
AVK vs. GCV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advent Convertible and Income Fund (AVK) and The Gabelli Convertible and Income Securities Fund Inc (GCV). 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.
| AVK | GCV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.48 | 1.50 | -1.02 |
Sortino ratioReturn per unit of downside risk | 0.77 | 2.03 | -1.26 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.30 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 0.57 | 1.97 | -1.41 |
Martin ratioReturn relative to average drawdown | 2.56 | 8.62 | -6.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AVK | GCV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 1.50 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.17 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.41 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.17 | +0.11 |
Correlation
The correlation between AVK and GCV is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
AVK vs. GCV - Dividend Comparison
AVK's dividend yield for the trailing twelve months is around 12.60%, more than GCV's 11.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVK Advent Convertible and Income Fund | 12.60% | 11.22% | 11.71% | 12.36% | 12.90% | 15.13% | 8.51% | 9.04% | 11.21% | 8.10% | 7.68% | 8.33% |
GCV The Gabelli Convertible and Income Securities Fund Inc | 11.21% | 11.57% | 12.60% | 13.33% | 10.00% | 8.14% | 7.68% | 8.21% | 10.93% | 8.14% | 8.72% | 10.04% |
Drawdowns
AVK vs. GCV - Drawdown Comparison
The maximum AVK drawdown since its inception was -67.49%, which is greater than GCV's maximum drawdown of -55.67%. Use the drawdown chart below to compare losses from any high point for AVK and GCV.
Loading graphics...
Drawdown Indicators
| AVK | GCV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.49% | -55.67% | -11.82% |
Max Drawdown (1Y)Largest decline over 1 year | -14.25% | -13.47% | -0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -38.50% | -45.90% | +7.40% |
Max Drawdown (10Y)Largest decline over 10 years | -49.82% | -45.90% | -3.92% |
Current DrawdownCurrent decline from peak | -11.55% | -3.82% | -7.73% |
Average DrawdownAverage peak-to-trough decline | -11.78% | -12.63% | +0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 3.08% | +0.07% |
Volatility
AVK vs. GCV - Volatility Comparison
Advent Convertible and Income Fund (AVK) and The Gabelli Convertible and Income Securities Fund Inc (GCV) have volatilities of 7.71% and 7.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AVK | GCV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.71% | 7.83% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.62% | 12.52% | -1.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.86% | 19.38% | -1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.73% | 21.18% | -1.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.52% | 23.49% | -0.97% |