CGDG vs. GABF
Compare and contrast key facts about Capital Group Dividend Growers ETF (CGDG) and Gabelli Financial Services Opportunities ETF (GABF).
CGDG and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGDG is an actively managed fund by Capital Group. It was launched on Sep 26, 2023. 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: CGDG or GABF.
Correlation
The correlation between CGDG and GABF is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CGDG vs. GABF - Performance Comparison
Key characteristics
CGDG:
1.01
GABF:
2.56
CGDG:
1.43
GABF:
3.47
CGDG:
1.18
GABF:
1.47
CGDG:
1.89
GABF:
4.43
CGDG:
6.21
GABF:
19.28
CGDG:
1.69%
GABF:
2.24%
CGDG:
10.41%
GABF:
16.91%
CGDG:
-5.54%
GABF:
-17.14%
CGDG:
-5.54%
GABF:
-7.35%
Returns By Period
In the year-to-date period, CGDG achieves a 9.78% return, which is significantly lower than GABF's 42.26% return.
CGDG
9.78%
-2.46%
2.73%
12.32%
N/A
N/A
GABF
42.26%
-4.27%
22.96%
45.93%
N/A
N/A
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CGDG vs. GABF - Expense Ratio Comparison
CGDG has a 0.47% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
CGDG vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Growers ETF (CGDG) 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
CGDG vs. GABF - Dividend Comparison
CGDG's dividend yield for the trailing twelve months is around 1.96%, less than GABF's 3.48% yield.
TTM | 2023 | 2022 | |
---|---|---|---|
Capital Group Dividend Growers ETF | 1.96% | 0.39% | 0.00% |
Gabelli Financial Services Opportunities ETF | 3.48% | 4.95% | 1.31% |
Drawdowns
CGDG vs. GABF - Drawdown Comparison
The maximum CGDG drawdown since its inception was -5.54%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for CGDG and GABF. For additional features, visit the drawdowns tool.
Volatility
CGDG vs. GABF - Volatility Comparison
The current volatility for Capital Group Dividend Growers ETF (CGDG) is 3.24%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.89%. This indicates that CGDG 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.