FEIG vs. GABF
FEIG (FlexShares ESG & Climate Investment Grade Corporate Core Index Fund) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - FEIG is a Corporate Bonds fund tracking the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR, while GABF is a Financials Equities fund actively managed by Gabelli. FEIG is passively managed, while GABF is actively managed. Over the past 3 years, FEIG returned 4.51%/yr vs 20.10%/yr for GABF. At a 0.27 correlation, their price movements are largely independent. FEIG charges 0.12%/yr vs 0.10%/yr for GABF.
Performance
FEIG vs. GABF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FEIG achieves a -0.45% return, which is significantly higher than GABF's -2.34% return.
FEIG
- 1D
- -0.39%
- 1M
- -1.15%
- 6M
- -0.58%
- YTD
- -0.45%
- 1Y
- 3.49%
- 3Y*
- 4.51%
- 5Y*
- —
- 10Y*
- —
GABF
- 1D
- -0.22%
- 1M
- 1.32%
- 6M
- -5.40%
- YTD
- -2.34%
- 1Y
- -4.10%
- 3Y*
- 20.10%
- 5Y*
- —
- 10Y*
- —
FEIG vs. GABF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | -0.45% | 7.31% | 1.75% | 8.57% | -2.78% |
GABF Gabelli Financial Services Opportunities ETF | -2.34% | 3.60% | 44.38% | 38.92% | -0.04% |
Correlation
The correlation between FEIG and GABF is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.27 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FEIG vs. GABF — Risk / Return Rank
FEIG
GABF
FEIG vs. GABF - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FEIG | GABF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.98 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | -0.24 | +1.49 |
| Martin ratioReturn relative to average drawdown | 3.66 | -0.53 | +4.19 |
Loading charts...
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 -20.86%. Use the drawdown chart below to compare losses from any high point for FEIG and GABF.
Loading charts...
Drawdown Indicators
| FEIG | GABF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.26% | -20.86% | -1.40% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -17.16% | +14.35% |
Max Drawdown (3Y)Largest decline over 3 years | -6.67% | -20.86% | +14.19% |
Current DrawdownCurrent decline from peak | -2.47% | -7.14% | +4.67% |
Average DrawdownAverage peak-to-trough decline | -9.33% | -4.94% | -4.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 7.78% | -6.82% |
Volatility
FEIG vs. GABF - Volatility Comparison
The current volatility for FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) is 1.33%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.51%. 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.
Loading charts...
Volatility by Period
| FEIG | GABF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 4.51% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.44% | 13.37% | -9.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.37% | 17.59% | -13.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.34% | 20.45% | -13.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.34% | 20.45% | -13.11% |
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%.
Dividends
FEIG vs. GABF - Dividend Comparison
FEIG's dividend yield for the trailing twelve months is around 4.80%, more than GABF's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | 4.80% | 4.84% | 4.65% | 4.21% | 2.99% | 0.55% |
GABF Gabelli Financial Services Opportunities ETF | 2.01% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% |
Frequently Asked Questions
FEIG and GABF have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABF has higher volatility (4.51%) compared to FEIG (1.33%). In terms of maximum drawdown, FEIG dropped -22.26% vs GABF's -20.86%.
On 3-year performance, GABF leads with 20.10% vs 4.51% for FEIG. On fees, GABF is cheaper at 0.10% per year. On volatility, FEIG has been the lower-risk option at 1.33%. 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 20.10% return vs 4.51%. 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 0.12% for FEIG.
FEIG has the higher dividend yield at 4.80%, compared with 2.01% for GABF.
FEIG is categorized as Corporate Bonds, while GABF is Financials Equities. They also come from different issuers: FlexShares and Gabelli. Their fees differ too: 0.12% for FEIG and 0.10% for GABF.
FEIG currently has the higher Sharpe Ratio (0.80 vs -0.23), 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.
Find the right allocation for FEIG and GABF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer