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

Correlation

The correlation between BNGE and GABF is 0.67, 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.


-0.50.00.51.00.7

Performance

BNGE vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust S-Network Streaming and Gaming ETF (BNGE) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
61.29%
100.38%
BNGE
GABF

Key characteristics

Sharpe Ratio

BNGE:

1.23

GABF:

2.82

Sortino Ratio

BNGE:

1.69

GABF:

3.79

Omega Ratio

BNGE:

1.22

GABF:

1.51

Calmar Ratio

BNGE:

1.65

GABF:

4.85

Martin Ratio

BNGE:

5.91

GABF:

20.78

Ulcer Index

BNGE:

3.69%

GABF:

2.28%

Daily Std Dev

BNGE:

17.79%

GABF:

16.81%

Max Drawdown

BNGE:

-40.54%

GABF:

-17.14%

Current Drawdown

BNGE:

-4.42%

GABF:

-6.43%

Returns By Period

In the year-to-date period, BNGE achieves a 20.22% return, which is significantly lower than GABF's 43.66% return.


BNGE

YTD

20.22%

1M

0.96%

6M

13.41%

1Y

19.89%

5Y*

N/A

10Y*

N/A

GABF

YTD

43.66%

1M

-3.19%

6M

24.50%

1Y

45.52%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BNGE vs. GABF - Expense Ratio Comparison

BNGE has a 0.70% expense ratio, which is higher than GABF's 0.10% expense ratio.


BNGE
First Trust S-Network Streaming and Gaming ETF
Expense ratio chart for BNGE: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for GABF: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

BNGE vs. GABF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust S-Network Streaming and Gaming ETF (BNGE) 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.


Sharpe ratio
The chart of Sharpe ratio for BNGE, currently valued at 1.23, compared to the broader market0.002.004.001.232.82
The chart of Sortino ratio for BNGE, currently valued at 1.69, compared to the broader market-2.000.002.004.006.008.0010.001.693.79
The chart of Omega ratio for BNGE, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.51
The chart of Calmar ratio for BNGE, currently valued at 1.81, compared to the broader market0.005.0010.0015.001.814.85
The chart of Martin ratio for BNGE, currently valued at 5.91, compared to the broader market0.0020.0040.0060.0080.00100.005.9120.78
BNGE
GABF

The current BNGE Sharpe Ratio is 1.23, which is lower than the GABF Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of BNGE 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.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.23
2.82
BNGE
GABF

Dividends

BNGE vs. GABF - Dividend Comparison

BNGE's dividend yield for the trailing twelve months is around 0.54%, less than GABF's 3.44% yield.


TTM20232022
BNGE
First Trust S-Network Streaming and Gaming ETF
0.01%0.81%0.60%
GABF
Gabelli Financial Services Opportunities ETF
3.44%4.95%1.31%

Drawdowns

BNGE vs. GABF - Drawdown Comparison

The maximum BNGE drawdown since its inception was -40.54%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for BNGE and GABF. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.42%
-6.43%
BNGE
GABF

Volatility

BNGE vs. GABF - Volatility Comparison

First Trust S-Network Streaming and Gaming ETF (BNGE) and Gabelli Financial Services Opportunities ETF (GABF) have volatilities of 5.23% and 5.03%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.23%
5.03%
BNGE
GABF
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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