FLCO vs. GABF
Compare and contrast key facts about Franklin Liberty Investment Grade Corporate ETF (FLCO) and Gabelli Financial Services Opportunities ETF (GABF).
FLCO and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLCO is an actively managed fund by Franklin Templeton. It was launched on Oct 3, 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: FLCO or GABF.
Correlation
The correlation between FLCO 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
FLCO vs. GABF - Performance Comparison
Key characteristics
FLCO:
0.41
GABF:
2.82
FLCO:
0.62
GABF:
3.79
FLCO:
1.07
GABF:
1.51
FLCO:
0.17
GABF:
4.85
FLCO:
1.36
GABF:
20.78
FLCO:
1.79%
GABF:
2.28%
FLCO:
5.92%
GABF:
16.81%
FLCO:
-22.71%
GABF:
-17.14%
FLCO:
-9.40%
GABF:
-6.43%
Returns By Period
In the year-to-date period, FLCO achieves a 2.10% return, which is significantly lower than GABF's 43.66% return.
FLCO
2.10%
-0.28%
2.00%
2.41%
-0.03%
N/A
GABF
43.66%
-3.19%
24.50%
45.52%
N/A
N/A
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FLCO vs. GABF - Expense Ratio Comparison
FLCO has a 0.35% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
FLCO vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Investment Grade Corporate ETF (FLCO) 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
FLCO vs. GABF - Dividend Comparison
FLCO's dividend yield for the trailing twelve months is around 4.63%, more than GABF's 3.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
FLCO Franklin Liberty Investment Grade Corporate ETF | 4.63% | 3.84% | 3.86% | 2.86% | 3.98% | 3.40% | 3.86% | 3.33% | 0.52% |
GABF Gabelli Financial Services Opportunities ETF | 3.44% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLCO vs. GABF - Drawdown Comparison
The maximum FLCO drawdown since its inception was -22.71%, which is greater than GABF's maximum drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for FLCO and GABF. For additional features, visit the drawdowns tool.
Volatility
FLCO vs. GABF - Volatility Comparison
The current volatility for Franklin Liberty Investment Grade Corporate ETF (FLCO) is 1.87%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 5.03%. This indicates that FLCO 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.