DFGX vs. GABF

Last updated Jun 23, 2026

DFGX (Dimensional Global Ex US Core Fixed Income ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - DFGX is a Global Bonds fund actively managed by Dimensional, while GABF is a Financials Equities fund actively managed by Gabelli. Both are actively managed. Over the past year, DFGX returned 3.29% vs -0.43% for GABF. At a 0.21 correlation, their price movements are largely independent. DFGX charges 0.20%/yr vs 0.10%/yr for GABF.

Performance

DFGX vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional Global Ex US Core Fixed Income ETF (DFGX) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFGX achieves a 1.48% return, which is significantly higher than GABF's -4.05% return.

DFGX

• 1D: -0.15%
• 1M: 1.06%
• YTD: 1.48%
• 6M: 1.73%
• 1Y: 3.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GABF

• 1D: -0.27%
• 1M: 1.29%
• YTD: -4.05%
• 6M: -5.37%
• 1Y: -0.43%
• 3Y*: 21.66%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DFGX vs. GABF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DFGX Dimensional Global Ex US Core Fixed Income ETF	1.48%	3.46%	3.75%	4.95%
GABF Gabelli Financial Services Opportunities ETF	-4.05%	3.60%	44.38%	16.91%

Correlation

The correlation between DFGX and GABF is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Nov 8, 2023	0.21

The correlation between DFGX and GABF shifts across timeframes, from 0.21 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

DFGX vs. GABF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DFGX

DFGX Risk / Return Rank: 22
DFGX Sharpe Ratio Rank: 23
DFGX Sortino Ratio Rank: 22
DFGX Omega Ratio Rank: 21
DFGX Calmar Ratio Rank: 22
DFGX Martin Ratio Rank: 23

GABF

GABF Risk / Return Rank: 8
GABF Sharpe Ratio Rank: 8
GABF Sortino Ratio Rank: 8
GABF Omega Ratio Rank: 8
GABF Calmar Ratio Rank: 8
GABF Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DFGX vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional Global Ex US Core Fixed Income ETF (DFGX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DFGX	GABF	Difference
Sharpe ratio: Return per unit of total volatility	0.80	-0.02	+0.83
Sortino ratio: Return per unit of downside risk	1.18	0.08	+1.10
Omega ratio: Gain probability vs. loss probability	1.14	1.01	+0.13
Calmar ratio: Return relative to maximum drawdown	0.99	-0.02	+1.02
Martin ratio: Return relative to average drawdown	2.84	-0.06	+2.89

DFGX vs. GABF - Sharpe Ratio Comparison

The current DFGX Sharpe Ratio is 0.80, which is higher than the GABF Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of DFGX and GABF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DFGX vs. GABF - Drawdown Comparison

The maximum DFGX drawdown since its inception was -3.32%, smaller than the maximum GABF drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for DFGX and GABF.

Drawdown Indicators

	DFGX	GABF	Difference
Max Drawdown Largest peak-to-trough decline	-3.32%	-20.86%	+17.54%
Max Drawdown (1Y) Largest decline over 1 year	-3.32%	-17.16%	+13.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.86%	—
Current Drawdown Current decline from peak	-0.68%	-8.77%	+8.09%
Average Drawdown Average peak-to-trough decline	-0.78%	-4.90%	+4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.16%	7.52%	-6.36%

Volatility

DFGX vs. GABF - Volatility Comparison

The current volatility for Dimensional Global Ex US Core Fixed Income ETF (DFGX) is 1.12%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.36%. This indicates that DFGX 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.

Volatility by Period

	DFGX	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	4.36%	-3.24%
Volatility (6M) Calculated over the trailing 6-month period	3.46%	13.29%	-9.83%
Volatility (1Y) Calculated over the trailing 1-year period	4.11%	17.50%	-13.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.65%	20.49%	-15.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.65%	20.49%	-15.84%

DFGX vs. GABF - Expense Ratio Comparison

DFGX has a 0.20% expense ratio, which is higher than GABF's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DFGX vs. GABF - Dividend Comparison

DFGX's dividend yield for the trailing twelve months is around 2.73%, more than GABF's 2.05% yield.

Position	TTM	2025	2024	2023	2022
DFGX Dimensional Global Ex US Core Fixed Income ETF	2.73%	2.84%	4.61%	0.49%	0.00%
GABF Gabelli Financial Services Opportunities ETF	2.05%	1.96%	4.19%	4.95%	1.31%

Frequently Asked Questions

Can I hold both DFGX and GABF in my portfolio?

DFGX and GABF have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFGX or GABF?

GABF has higher volatility (4.36%) compared to DFGX (1.12%). In terms of maximum drawdown, DFGX dropped -3.32% vs GABF's -20.86%.

Which ETF is better, DFGX or GABF?

On 1-year performance, DFGX leads with 3.29% vs -0.43% for GABF. On fees, GABF is cheaper at 0.10% per year. On volatility, DFGX has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DFGX or GABF?

Over the 1-year period, DFGX has performed better with a 3.29% return vs -0.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DFGX or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.20% for DFGX.

Which ETF pays a higher dividend yield, DFGX or GABF?

DFGX has the higher dividend yield at 2.73%, compared with 2.05% for GABF.

What is the main difference between DFGX and GABF?

DFGX is categorized as Global Bonds, while GABF is Financials Equities. They also come from different issuers: Dimensional and Gabelli. Their fees differ too: 0.20% for DFGX and 0.10% for GABF.

Which has better risk-adjusted returns?

DFGX currently has the higher Sharpe Ratio (0.80 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.