FTXR vs. GABF

Last updated Jun 4, 2026

FTXR (First Trust Nasdaq Transportation ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - FTXR is a Industrials Equities fund tracking the Nasdaq U.S. Smart Transportation Index, while GABF is a Financials Equities fund actively managed by Gabelli. FTXR is passively managed, while GABF is actively managed. Over the past 3 years, FTXR returned 19.84%/yr vs 20.47%/yr for GABF. A 0.75 correlation means they provide meaningful diversification when combined. FTXR charges 0.60%/yr vs 0.10%/yr for GABF.

Performance

FTXR vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Transportation ETF (FTXR) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTXR achieves a 14.58% return, which is significantly higher than GABF's -7.03% return.

FTXR

• 1D: -0.02%
• 1M: 11.32%
• YTD: 14.58%
• 6M: 18.08%
• 1Y: 43.09%
• 3Y*: 19.84%
• 5Y*: 6.66%
• 10Y*: —

GABF

• 1D: -1.89%
• 1M: -3.11%
• YTD: -7.03%
• 6M: -6.24%
• 1Y: -3.20%
• 3Y*: 20.47%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTXR vs. GABF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FTXR First Trust Nasdaq Transportation ETF	14.58%	14.70%	17.09%	20.93%	-8.65%
GABF Gabelli Financial Services Opportunities ETF	-7.03%	3.60%	44.38%	38.92%	0.40%

Correlation

The correlation between FTXR and GABF is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (All Time) Calculated using the full available price history since May 11, 2022	0.75

The correlation between FTXR and GABF has been stable across timeframes, ranging from 0.65 to 0.75 - a consistent structural relationship.

FTXR vs. GABF - Sectors Allocation Comparison

Sectors	FTXR	GABF
Industrials	67.1%	4.6%
Consumer Cyclical	32.4%	-
Energy	0.6%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	84.6%
Healthcare	-	-
Real Estate	-	6.0%
Technology	-	4.9%
Utilities	-	-

Return for Risk

FTXR vs. GABF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTXR

FTXR Risk / Return Rank: 57
FTXR Sharpe Ratio Rank: 58
FTXR Sortino Ratio Rank: 58
FTXR Omega Ratio Rank: 52
FTXR Calmar Ratio Rank: 60
FTXR Martin Ratio Rank: 57

GABF

GABF Risk / Return Rank: 7
GABF Sharpe Ratio Rank: 7
GABF Sortino Ratio Rank: 6
GABF Omega Ratio Rank: 6
GABF Calmar Ratio Rank: 7
GABF Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTXR vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Transportation ETF (FTXR) 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.

	FTXR	GABF	Difference
Sharpe ratio Return per unit of total volatility	1.99	-0.19	+2.17
Sortino ratio Return per unit of downside risk	2.80	-0.13	+2.93
Omega ratio Gain probability vs. loss probability	1.33	0.98	+0.34
Calmar ratio Return relative to maximum drawdown	2.99	-0.19	+3.17
Martin ratio Return relative to average drawdown	10.08	-0.44	+10.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTXR vs. GABF - Sharpe Ratio Comparison

The current FTXR Sharpe Ratio is 1.99, which is higher than the GABF Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of FTXR and GABF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FTXR	GABF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	-0.19	+2.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.87	-0.47

Drawdowns

FTXR vs. GABF - Drawdown Comparison

The maximum FTXR drawdown since its inception was -52.06%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for FTXR and GABF.

Drawdown Indicators

	FTXR	GABF	Difference
Max Drawdown Largest peak-to-trough decline	-52.06%	-20.86%	-31.20%
Max Drawdown (1Y) Largest decline over 1 year	-14.49%	-17.16%	+2.67%
Max Drawdown (3Y) Largest decline over 3 years	-29.71%	-20.86%	-8.85%
Max Drawdown (5Y) Largest decline over 5 years	-33.96%	—	—
Current Drawdown Current decline from peak	-1.09%	-11.60%	+10.51%
Average Drawdown Average peak-to-trough decline	-11.06%	-4.86%	-6.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	7.27%	-2.98%

Volatility

FTXR vs. GABF - Volatility Comparison

First Trust Nasdaq Transportation ETF (FTXR) has a higher volatility of 6.70% compared to Gabelli Financial Services Opportunities ETF (GABF) at 4.28%. This indicates that FTXR's price experiences larger fluctuations and is considered to be riskier than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXR	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	4.28%	+2.42%
Volatility (6M) Calculated over the trailing 6-month period	16.48%	13.14%	+3.34%
Volatility (1Y) Calculated over the trailing 1-year period	21.79%	17.37%	+4.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	20.54%	+3.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.75%	20.54%	+4.21%

FTXR vs. GABF - Expense Ratio Comparison

FTXR has a 0.60% expense ratio, which is higher than GABF's 0.10% expense ratio.

Dividends

FTXR vs. GABF - Dividend Comparison

FTXR's dividend yield for the trailing twelve months is around 1.14%, less than GABF's 2.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FTXR First Trust Nasdaq Transportation ETF	1.14%	1.52%	2.13%	1.50%	2.38%	0.67%	0.33%	1.34%	1.74%	1.18%	0.24%
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%

Frequently Asked Questions

Can I hold both FTXR and GABF in my portfolio?

FTXR and GABF have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTXR or GABF?

FTXR has higher volatility (6.70%) compared to GABF (4.28%). In terms of maximum drawdown, FTXR dropped -52.06% vs GABF's -20.86%.

Which ETF is better, FTXR or GABF?

On 3-year performance, GABF leads with 20.47% vs 19.84% for FTXR. On fees, GABF is cheaper at 0.10% per year. On volatility, GABF has been the lower-risk option at 4.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTXR or GABF?

Over the 3-year period, GABF has performed better with a 20.47% return vs 19.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTXR or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.60% for FTXR.

Which ETF pays a higher dividend yield, FTXR or GABF?

GABF has the higher dividend yield at 2.11%, compared with 1.14% for FTXR.

What is the main difference between FTXR and GABF?

FTXR is categorized as Industrials Equities, while GABF is Financials Equities. They also come from different issuers: First Trust and Gabelli. Their fees differ too: 0.60% for FTXR and 0.10% for GABF.

Which has better risk-adjusted returns?

FTXR currently has the higher Sharpe Ratio (1.99 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.