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GAB vs. BDJ
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GAB vs. BDJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Gabelli Equity Trust Inc (GAB) and BlackRock Enhanced Equity Dividend Fund (BDJ). The values are adjusted to include any dividend payments, if applicable.

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GAB vs. BDJ - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
GAB
The Gabelli Equity Trust Inc
-5.84%27.03%18.05%3.37%-16.30%28.26%14.70%31.62%-8.77%24.66%
BDJ
BlackRock Enhanced Equity Dividend Fund
-7.23%26.12%16.87%-6.67%0.83%26.56%-7.58%37.43%-10.42%20.78%

Returns By Period

In the year-to-date period, GAB achieves a -5.84% return, which is significantly higher than BDJ's -7.23% return. Over the past 10 years, GAB has outperformed BDJ with an annualized return of 11.50%, while BDJ has yielded a comparatively lower 9.77% annualized return.


GAB

1D
2.19%
1M
-6.00%
YTD
-5.84%
6M
-2.23%
1Y
13.59%
3Y*
10.70%
5Y*
6.95%
10Y*
11.50%

BDJ

1D
2.01%
1M
-10.23%
YTD
-7.23%
6M
-0.27%
1Y
10.26%
3Y*
9.52%
5Y*
7.49%
10Y*
9.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GAB vs. BDJ - Expense Ratio Comparison

GAB has a 0.01% expense ratio, which is lower than BDJ's 0.86% expense ratio.


Return for Risk

GAB vs. BDJ — Risk / Return Rank

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

GAB
GAB Risk / Return Rank: 3939
Overall Rank
GAB Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
GAB Sortino Ratio Rank: 3737
Sortino Ratio Rank
GAB Omega Ratio Rank: 3232
Omega Ratio Rank
GAB Calmar Ratio Rank: 5252
Calmar Ratio Rank
GAB Martin Ratio Rank: 3838
Martin Ratio Rank

BDJ
BDJ Risk / Return Rank: 2727
Overall Rank
BDJ Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
BDJ Sortino Ratio Rank: 2525
Sortino Ratio Rank
BDJ Omega Ratio Rank: 2626
Omega Ratio Rank
BDJ Calmar Ratio Rank: 2828
Calmar Ratio Rank
BDJ Martin Ratio Rank: 2828
Martin Ratio Rank
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.

GAB vs. BDJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Gabelli Equity Trust Inc (GAB) and BlackRock Enhanced Equity Dividend Fund (BDJ). 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.


GABBDJDifference

Sharpe ratio

Return per unit of total volatility

0.80

0.62

+0.18

Sortino ratio

Return per unit of downside risk

1.23

0.94

+0.29

Omega ratio

Gain probability vs. loss probability

1.16

1.14

+0.03

Calmar ratio

Return relative to maximum drawdown

1.28

0.79

+0.49

Martin ratio

Return relative to average drawdown

4.05

3.01

+1.04

GAB vs. BDJ - Sharpe Ratio Comparison

The current GAB Sharpe Ratio is 0.80, which is comparable to the BDJ Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of GAB and BDJ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GABBDJDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.80

0.62

+0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

0.47

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.53

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.30

+0.03

Correlation

The correlation between GAB and BDJ is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

GAB vs. BDJ - Dividend Comparison

GAB's dividend yield for the trailing twelve months is around 10.63%, more than BDJ's 9.93% yield.


TTM20252024202320222021202020192018201720162015
GAB
The Gabelli Equity Trust Inc
10.63%9.72%11.15%11.81%10.95%8.72%9.57%9.85%12.55%9.80%10.87%12.05%
BDJ
BlackRock Enhanced Equity Dividend Fund
9.93%9.03%8.21%9.49%12.18%5.95%7.08%6.66%7.21%6.07%6.88%7.36%

Drawdowns

GAB vs. BDJ - Drawdown Comparison

The maximum GAB drawdown since its inception was -74.62%, which is greater than BDJ's maximum drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for GAB and BDJ.


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Drawdown Indicators


GABBDJDifference

Max Drawdown

Largest peak-to-trough decline

-74.62%

-59.46%

-15.16%

Max Drawdown (1Y)

Largest decline over 1 year

-10.75%

-12.28%

+1.53%

Max Drawdown (5Y)

Largest decline over 5 years

-26.60%

-21.39%

-5.21%

Max Drawdown (10Y)

Largest decline over 10 years

-46.92%

-48.14%

+1.22%

Current Drawdown

Current decline from peak

-8.66%

-10.51%

+1.85%

Average Drawdown

Average peak-to-trough decline

-10.66%

-8.99%

-1.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.41%

3.24%

+0.17%

Volatility

GAB vs. BDJ - Volatility Comparison

The Gabelli Equity Trust Inc (GAB) and BlackRock Enhanced Equity Dividend Fund (BDJ) have volatilities of 5.08% and 5.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GABBDJDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.08%

5.31%

-0.23%

Volatility (6M)

Calculated over the trailing 6-month period

10.14%

9.40%

+0.74%

Volatility (1Y)

Calculated over the trailing 1-year period

16.96%

16.63%

+0.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.23%

16.12%

+2.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.85%

18.38%

+3.47%