ESGG vs. GABF
Compare and contrast key facts about FlexShares STOXX Global ESG Select Index Fund (ESGG) and Gabelli Financial Services Opportunities ETF (GABF).
ESGG and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGG is a passively managed fund by Northern Trust that tracks the performance of the STOXX Global ESG Select KPIs Index. It was launched on Jul 13, 2016. 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: ESGG or GABF.
Key characteristics
| ESGG | GABF | |
|---|---|---|
| YTD Return | 15.76% | 48.15% |
| 1Y Return | 26.58% | 73.20% |
| Sharpe Ratio | 2.35 | 4.39 |
| Sortino Ratio | 3.20 | 5.76 |
| Omega Ratio | 1.42 | 1.80 |
| Calmar Ratio | 3.18 | 7.51 |
| Martin Ratio | 13.96 | 36.09 |
| Ulcer Index | 1.91% | 2.03% |
| Daily Std Dev | 11.38% | 16.69% |
| Max Drawdown | -32.31% | -17.14% |
| Current Drawdown | -1.79% | 0.00% |
Correlation
The correlation between ESGG and GABF is 0.80, 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
ESGG vs. GABF - Performance Comparison
In the year-to-date period, ESGG achieves a 15.76% return, which is significantly lower than GABF's 48.15% 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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ESGG vs. GABF - Expense Ratio Comparison
ESGG has a 0.42% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
ESGG vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares STOXX Global ESG Select Index Fund (ESGG) 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
ESGG vs. GABF - Dividend Comparison
ESGG's dividend yield for the trailing twelve months is around 1.64%, less than GABF's 3.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ESGG FlexShares STOXX Global ESG Select Index Fund | 1.64% | 1.73% | 1.83% | 1.34% | 1.36% | 1.94% | 2.12% | 1.71% | 0.87% |
GABF Gabelli Financial Services Opportunities ETF | 3.34% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
ESGG vs. GABF - Drawdown Comparison
The maximum ESGG drawdown since its inception was -32.31%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for ESGG and GABF. For additional features, visit the drawdowns tool.
Volatility
ESGG vs. GABF - Volatility Comparison
The current volatility for FlexShares STOXX Global ESG Select Index Fund (ESGG) is 3.37%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 7.63%. This indicates that ESGG 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.