FEIG vs. GABF
Compare and contrast key facts about FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) and Gabelli Financial Services Opportunities ETF (GABF).
FEIG and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEIG is a passively managed fund by FlexShares that tracks the performance of the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR. It was launched on Sep 20, 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: FEIG or GABF.
Correlation
The correlation between FEIG and GABF is 0.29, 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.
Performance
FEIG vs. GABF - Performance Comparison
Key characteristics
FEIG:
0.96
GABF:
2.81
FEIG:
1.39
GABF:
3.83
FEIG:
1.16
GABF:
1.51
FEIG:
0.41
GABF:
4.81
FEIG:
2.80
GABF:
17.43
FEIG:
1.94%
GABF:
2.70%
FEIG:
5.66%
GABF:
16.71%
FEIG:
-22.26%
GABF:
-17.14%
FEIG:
-7.53%
GABF:
-2.02%
Returns By Period
In the year-to-date period, FEIG achieves a 1.28% return, which is significantly lower than GABF's 4.36% return.
FEIG
1.28%
1.38%
-0.21%
5.06%
N/A
N/A
GABF
4.36%
1.80%
21.11%
42.56%
N/A
N/A
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FEIG vs. GABF - Expense Ratio Comparison
FEIG has a 0.12% 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
FEIG vs. GABF — Risk-Adjusted Performance Rank
FEIG
GABF
FEIG vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) 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
FEIG vs. GABF - Dividend Comparison
FEIG's dividend yield for the trailing twelve months is around 4.72%, more than GABF's 4.02% yield.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | 4.72% | 4.65% | 4.21% | 2.99% | 0.55% |
GABF Gabelli Financial Services Opportunities ETF | 4.02% | 4.19% | 4.95% | 1.31% | 0.00% |
Drawdowns
FEIG vs. GABF - Drawdown Comparison
The maximum FEIG drawdown since its inception was -22.26%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for FEIG and GABF. For additional features, visit the drawdowns tool.
Volatility
FEIG vs. GABF - Volatility Comparison
The current volatility for FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) is 1.44%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 3.90%. This indicates that FEIG 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.