CLIA vs. GABF
Compare and contrast key facts about Veridien Climate Action ETF (CLIA) and Gabelli Financial Services Opportunities ETF (GABF).
CLIA and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLIA is an actively managed fund by Veridien. It was launched on May 8, 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: CLIA or GABF.
Correlation
The correlation between CLIA and GABF is 0.53, 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
CLIA vs. GABF - Performance Comparison
Key characteristics
Returns By Period
CLIA
N/A
N/A
N/A
N/A
N/A
N/A
GABF
4.36%
4.15%
21.75%
41.97%
N/A
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.
CLIA vs. GABF - Expense Ratio Comparison
CLIA has a 0.85% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
CLIA vs. GABF — Risk-Adjusted Performance Rank
CLIA
GABF
CLIA vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veridien Climate Action ETF (CLIA) 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
CLIA vs. GABF - Dividend Comparison
CLIA has not paid dividends to shareholders, while GABF's dividend yield for the trailing twelve months is around 4.02%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
CLIA Veridien Climate Action ETF | 0.00% | 0.00% | 0.39% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 4.02% | 4.19% | 4.95% | 1.31% |
Drawdowns
CLIA vs. GABF - Drawdown Comparison
Volatility
CLIA vs. GABF - Volatility Comparison
The current volatility for Veridien Climate Action ETF (CLIA) is 0.00%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 3.90%. This indicates that CLIA 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.