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 4.40%/yr vs 18.82%/yr for GABF. Their 0.28 correlation means their historical movements had little consistent relationship. FEIG charges 0.12%/yr vs 0.10%/yr for GABF.
Performance
FEIG vs. GABF - Performance Comparison
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Returns By Period
In the year-to-date period, FEIG achieves a -1.05% return, which is significantly higher than GABF's -1.93% return.
FEIG
- 1D
- -0.19%
- 1M
- -1.90%
- 6M
- -1.33%
- YTD
- -1.05%
- 1Y
- 1.30%
- 3Y*
- 4.40%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -0.60%
GABF
- 1D
- 0.06%
- 1M
- -0.11%
- 6M
- -1.06%
- YTD
- -1.93%
- 1Y
- -1.61%
- 3Y*
- 18.82%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $33.97K | $182.67K | $225.20K | |
| $95.56K | $89.02K | $204.10K |
FEIG vs. GABF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | -1.05% | 7.31% | 1.75% | 8.57% | -2.78% |
GABF Gabelli Financial Services Opportunities ETF | -1.93% | 3.60% | 44.38% | 38.92% | -0.04% |
Correlation
The correlation between FEIG and GABF is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.28 |
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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 | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.97 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | -0.26 | +1.02 |
| Martin ratioReturn relative to average drawdown | 2.00 | -0.56 | +2.56 |
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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.
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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 | -5.35% | -20.86% | +15.51% |
Current DrawdownCurrent decline from peak | -3.06% | -6.75% | +3.69% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -4.97% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 7.90% | -6.83% |
Volatility
FEIG vs. GABF - Volatility Comparison
The current volatility for FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG) is 1.21%, 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.
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Volatility by Period
| FEIG | GABF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 4.51% | -3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.48% | 13.17% | -9.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.39% | 17.57% | -13.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.31% | 20.37% | -13.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.31% | 20.37% | -13.06% |
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 4.83%, more than GABF's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FEIG FlexShares ESG & Climate Investment Grade Corporate Core Index Fund | 4.41% | 4.84% | 4.65% | 4.21% | 2.99% | 0.55% |
GABF Gabelli Financial Services Opportunities ETF | 2.00% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% |
Frequently Asked Questions
FEIG and GABF have a correlation of 0.32, 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 (1.21%). In terms of maximum drawdown, FEIG dropped -22.26% vs GABF's -20.86%.
On 3-year performance, GABF leads with 18.82% vs 4.40% for FEIG. On fees, GABF is cheaper at 0.10% per year. On volatility, FEIG has been the lower-risk option at 1.21%. 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 18.82% return vs 4.40%. 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 4.41%, compared with 2.00% 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 (0.49 vs -0.25), 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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