Correlation
The correlation between CCMG and GABF is 0.70, 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.
CCMG vs. GABF
Compare and contrast key facts about CCM Global Equity ETF (CCMG) and Gabelli Financial Services Opportunities ETF (GABF).
CCMG and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CCMG is a passively managed fund by CCM that tracks the performance of the NONE. It was launched on Jan 17, 2024. 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: CCMG or GABF.
Performance
CCMG vs. GABF - Performance Comparison
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Key characteristics
CCMG:
0.50
GABF:
1.03
CCMG:
0.77
GABF:
1.43
CCMG:
1.10
GABF:
1.22
CCMG:
0.50
GABF:
1.13
CCMG:
2.09
GABF:
3.82
CCMG:
3.49%
GABF:
6.18%
CCMG:
15.70%
GABF:
24.25%
CCMG:
-14.51%
GABF:
-20.86%
CCMG:
-1.29%
GABF:
-6.74%
Returns By Period
In the year-to-date period, CCMG achieves a 4.61% return, which is significantly higher than GABF's -0.67% return.
CCMG
4.61%
3.80%
-0.77%
6.57%
N/A
N/A
N/A
GABF
-0.67%
5.33%
-6.60%
23.94%
23.00%
N/A
N/A
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CCMG vs. GABF - Expense Ratio Comparison
CCMG has a 0.34% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
CCMG vs. GABF — Risk-Adjusted Performance Rank
CCMG
GABF
CCMG vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CCM Global Equity ETF (CCMG) 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.
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Dividends
CCMG vs. GABF - Dividend Comparison
CCMG's dividend yield for the trailing twelve months is around 2.23%, less than GABF's 4.22% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
CCMG CCM Global Equity ETF | 2.23% | 2.23% | 0.00% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 4.22% | 4.19% | 4.95% | 1.31% |
Drawdowns
CCMG vs. GABF - Drawdown Comparison
The maximum CCMG drawdown since its inception was -14.51%, smaller than the maximum GABF drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for CCMG and GABF.
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Volatility
CCMG vs. GABF - Volatility Comparison
The current volatility for CCM Global Equity ETF (CCMG) is 3.66%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 5.30%. This indicates that CCMG 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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