BNGE vs. GABF
Compare and contrast key facts about First Trust S-Network Streaming and Gaming ETF (BNGE) and Gabelli Financial Services Opportunities ETF (GABF).
BNGE and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNGE is a passively managed fund by First Trust that tracks the performance of the S-Network Streaming & Gaming Index. It was launched on Jan 25, 2022. 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: BNGE or GABF.
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.
Performance
BNGE vs. GABF - Performance Comparison
Key characteristics
BNGE:
1.23
GABF:
2.82
BNGE:
1.69
GABF:
3.79
BNGE:
1.22
GABF:
1.51
BNGE:
1.65
GABF:
4.85
BNGE:
5.91
GABF:
20.78
BNGE:
3.69%
GABF:
2.28%
BNGE:
17.79%
GABF:
16.81%
BNGE:
-40.54%
GABF:
-17.14%
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
20.22%
0.96%
13.41%
19.89%
N/A
N/A
GABF
43.66%
-3.19%
24.50%
45.52%
N/A
N/A
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BNGE vs. GABF - Expense Ratio Comparison
BNGE has a 0.70% expense ratio, which is higher than GABF's 0.10% expense ratio.
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.
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.
TTM | 2023 | 2022 | |
---|---|---|---|
First Trust S-Network Streaming and Gaming ETF | 0.01% | 0.81% | 0.60% |
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.
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.