EMHC vs. GABF
Compare and contrast key facts about SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) and Gabelli Financial Services Opportunities ETF (GABF).
EMHC and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMHC is a passively managed fund by SPDR that tracks the performance of the Bloomberg Emerging USD Bond Core Index - Benchmark TR Net. It was launched on Apr 6, 2021. 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: EMHC or GABF.
Key characteristics
| EMHC | GABF | |
|---|---|---|
| YTD Return | 6.78% | 27.85% |
| 1Y Return | 14.87% | 46.68% |
| Sharpe Ratio | 1.82 | 2.86 |
| Daily Std Dev | 8.08% | 16.06% |
| Max Drawdown | -28.03% | -17.14% |
| Current Drawdown | -5.92% | -0.76% |
Correlation
The correlation between EMHC and GABF is 0.45, 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
EMHC vs. GABF - Performance Comparison
In the year-to-date period, EMHC achieves a 6.78% return, which is significantly lower than GABF's 27.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMHC vs. GABF - Expense Ratio Comparison
EMHC has a 0.23% 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%.
Risk-Adjusted Performance
EMHC vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) 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
EMHC vs. GABF - Dividend Comparison
EMHC's dividend yield for the trailing twelve months is around 5.35%, more than GABF's 3.87% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
EMHC SPDR Bloomberg Emerging Markets USD Bond ETF | 5.35% | 5.12% | 5.11% | 2.97% |
GABF Gabelli Financial Services Opportunities ETF | 3.87% | 4.95% | 1.31% | 0.00% |
Drawdowns
EMHC vs. GABF - Drawdown Comparison
The maximum EMHC drawdown since its inception was -28.03%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for EMHC and GABF. For additional features, visit the drawdowns tool.
Volatility
EMHC vs. GABF - Volatility Comparison
The current volatility for SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is 1.64%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.40%. This indicates that EMHC 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.