FDIQ vs. GABF
FDIQ (Invesco Bloomberg Financial Data Providers ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both Financials Equities funds. FDIQ is passively managed, while GABF is actively managed. Over the past 3 years, FDIQ returned 18.27%/yr vs 20.47%/yr for GABF. A 0.74 correlation means they provide meaningful diversification when combined. FDIQ charges 0.35%/yr vs 0.10%/yr for GABF.
Performance
FDIQ vs. GABF - Performance Comparison
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Returns By Period
In the year-to-date period, FDIQ achieves a 9.72% return, which is significantly higher than GABF's -7.03% return.
FDIQ
- 1D
- -0.97%
- 1M
- -5.53%
- YTD
- 9.72%
- 6M
- 10.28%
- 1Y
- 22.98%
- 3Y*
- 18.27%
- 5Y*
- 3.82%
- 10Y*
- 7.60%
GABF
- 1D
- -1.89%
- 1M
- -3.11%
- YTD
- -7.03%
- 6M
- -6.24%
- 1Y
- -3.20%
- 3Y*
- 20.47%
- 5Y*
- —
- 10Y*
- —
FDIQ vs. GABF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 9.72% | 6.32% | 12.76% | -0.84% | 4.67% |
GABF Gabelli Financial Services Opportunities ETF | -7.03% | 3.60% | 44.38% | 38.92% | 0.40% |
Correlation
The correlation between FDIQ and GABF is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since May 11, 2022 | 0.74 |
The correlation between FDIQ and GABF has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
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Return for Risk
FDIQ vs. GABF — Risk / Return Rank
FDIQ
GABF
FDIQ vs. GABF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg Financial Data Providers ETF (FDIQ) 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.
| FDIQ | GABF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.98 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.07 | -0.19 | +2.26 |
| Martin ratioReturn relative to average drawdown | 5.26 | -0.44 | +5.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDIQ | GABF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | -0.19 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.87 | -0.50 |
Drawdowns
FDIQ vs. GABF - Drawdown Comparison
The maximum FDIQ drawdown since its inception was -52.86%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for FDIQ and GABF.
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Drawdown Indicators
| FDIQ | GABF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.86% | -20.86% | -32.00% |
Max Drawdown (1Y)Largest decline over 1 year | -11.13% | -17.16% | +6.03% |
Max Drawdown (3Y)Largest decline over 3 years | -28.09% | -20.86% | -7.23% |
Max Drawdown (5Y)Largest decline over 5 years | -42.99% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -52.86% | — | — |
Current DrawdownCurrent decline from peak | -8.53% | -11.60% | +3.07% |
Average DrawdownAverage peak-to-trough decline | -11.56% | -4.86% | -6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 7.27% | -2.89% |
Volatility
FDIQ vs. GABF - Volatility Comparison
The current volatility for Invesco Bloomberg Financial Data Providers ETF (FDIQ) is 4.06%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.28%. This indicates that FDIQ 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.
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Volatility by Period
| FDIQ | GABF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 4.28% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 13.93% | 13.14% | +0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.14% | 17.37% | +4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.70% | 20.54% | +8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.12% | 20.54% | +10.58% |
FDIQ vs. GABF - Expense Ratio Comparison
FDIQ has a 0.35% expense ratio, which is higher than GABF's 0.10% expense ratio.
Dividends
FDIQ vs. GABF - Dividend Comparison
FDIQ's dividend yield for the trailing twelve months is around 2.56%, more than GABF's 2.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIQ Invesco Bloomberg Financial Data Providers ETF | 2.56% | 2.66% | 2.69% | 2.89% | 2.51% | 2.04% | 2.92% | 2.44% | 2.45% | 1.59% | 1.50% | 1.92% |
GABF Gabelli Financial Services Opportunities ETF | 2.11% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDIQ and GABF have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABF has higher volatility (4.28%) compared to FDIQ (4.06%). In terms of maximum drawdown, FDIQ dropped -52.86% vs GABF's -20.86%.
On 3-year performance, GABF leads with 20.47% vs 18.27% for FDIQ. On fees, GABF is cheaper at 0.10% per year. On volatility, FDIQ has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GABF has performed better with a 20.47% return vs 18.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GABF is cheaper with a 0.10% expense ratio, compared with 0.35% for FDIQ.
FDIQ has the higher dividend yield at 2.56%, compared with 2.11% for GABF.
They also come from different issuers: Invesco and Gabelli. Their fees differ too: 0.35% for FDIQ and 0.10% for GABF.
FDIQ currently has the higher Sharpe Ratio (1.04 vs -0.19), 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.
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