PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
EMCB vs. GABF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EMCB and GABF is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

EMCB vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Emerging Markets Corporate Bond Fund (EMCB) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
4.36%
26.60%
EMCB
GABF

Key characteristics

Sharpe Ratio

EMCB:

1.53

GABF:

2.97

Sortino Ratio

EMCB:

2.27

GABF:

4.06

Omega Ratio

EMCB:

1.27

GABF:

1.54

Calmar Ratio

EMCB:

1.05

GABF:

5.01

Martin Ratio

EMCB:

11.85

GABF:

22.93

Ulcer Index

EMCB:

0.71%

GABF:

2.13%

Daily Std Dev

EMCB:

5.47%

GABF:

16.49%

Max Drawdown

EMCB:

-22.81%

GABF:

-17.14%

Current Drawdown

EMCB:

-0.89%

GABF:

-4.91%

Returns By Period

In the year-to-date period, EMCB achieves a 7.84% return, which is significantly lower than GABF's 46.01% return.


EMCB

YTD

7.84%

1M

0.61%

6M

4.36%

1Y

8.29%

5Y (annualized)

2.04%

10Y (annualized)

3.58%

GABF

YTD

46.01%

1M

-1.16%

6M

26.61%

1Y

48.73%

5Y (annualized)

N/A

10Y (annualized)

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.


EMCB vs. GABF - Expense Ratio Comparison

EMCB has a 0.60% expense ratio, which is higher than GABF's 0.10% expense ratio.


EMCB
WisdomTree Emerging Markets Corporate Bond Fund
Expense ratio chart for EMCB: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for GABF: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

EMCB vs. GABF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) 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.


Sharpe ratio
The chart of Sharpe ratio for EMCB, currently valued at 1.53, compared to the broader market0.002.004.001.532.97
The chart of Sortino ratio for EMCB, currently valued at 2.27, compared to the broader market-2.000.002.004.006.008.0010.002.274.06
The chart of Omega ratio for EMCB, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.54
The chart of Calmar ratio for EMCB, currently valued at 4.52, compared to the broader market0.005.0010.0015.004.525.01
The chart of Martin ratio for EMCB, currently valued at 11.85, compared to the broader market0.0020.0040.0060.0080.00100.0011.8522.93
EMCB
GABF

The current EMCB Sharpe Ratio is 1.53, which is lower than the GABF Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of EMCB and GABF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.53
2.97
EMCB
GABF

Dividends

EMCB vs. GABF - Dividend Comparison

EMCB's dividend yield for the trailing twelve months is around 5.49%, more than GABF's 3.39% yield.


TTM20232022202120202019201820172016201520142013
EMCB
WisdomTree Emerging Markets Corporate Bond Fund
5.49%5.09%4.04%3.43%3.86%4.17%4.20%4.04%4.08%5.09%5.26%5.14%
GABF
Gabelli Financial Services Opportunities ETF
3.39%4.95%1.31%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

EMCB vs. GABF - Drawdown Comparison

The maximum EMCB drawdown since its inception was -22.81%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for EMCB and GABF. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.89%
-4.91%
EMCB
GABF

Volatility

EMCB vs. GABF - Volatility Comparison

The current volatility for WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is 1.96%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 3.14%. This indicates that EMCB 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.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
1.96%
3.14%
EMCB
GABF
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab