GABAX vs. GGGIX
Compare and contrast key facts about Gabelli Asset Fund (GABAX) and Gabelli Global Growth Fund Class I (GGGIX).
GABAX is managed by Gabelli. It was launched on Mar 3, 1986. GGGIX is an actively managed fund by Gabelli. It was launched on Feb 7, 1994.
Performance
GABAX vs. GGGIX - Performance Comparison
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GABAX vs. GGGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GABAX Gabelli Asset Fund | 1.27% | 16.65% | 8.07% | 10.32% | -10.74% | 18.96% | 11.22% | 22.44% | -7.61% | 20.17% |
GGGIX Gabelli Global Growth Fund Class I | -7.56% | 13.90% | 29.68% | 34.48% | -37.43% | 21.09% | 35.41% | 31.07% | -2.31% | 29.85% |
Returns By Period
In the year-to-date period, GABAX achieves a 1.27% return, which is significantly higher than GGGIX's -7.56% return. Over the past 10 years, GABAX has underperformed GGGIX with an annualized return of 9.36%, while GGGIX has yielded a comparatively higher 12.46% annualized return.
GABAX
- 1D
- 2.52%
- 1M
- -7.34%
- YTD
- 1.27%
- 6M
- 4.45%
- 1Y
- 16.44%
- 3Y*
- 10.50%
- 5Y*
- 6.51%
- 10Y*
- 9.36%
GGGIX
- 1D
- 3.41%
- 1M
- -6.33%
- YTD
- -7.56%
- 6M
- -7.06%
- 1Y
- 10.00%
- 3Y*
- 16.42%
- 5Y*
- 7.04%
- 10Y*
- 12.46%
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GABAX vs. GGGIX - Expense Ratio Comparison
GABAX has a 1.33% expense ratio, which is higher than GGGIX's 0.90% expense ratio.
Return for Risk
GABAX vs. GGGIX — Risk / Return Rank
GABAX
GGGIX
GABAX vs. GGGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Asset Fund (GABAX) and Gabelli Global Growth Fund Class I (GGGIX). 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.
| GABAX | GGGIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.63 | +0.44 |
Sortino ratioReturn per unit of downside risk | 1.58 | 1.05 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.14 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 0.66 | +0.84 |
Martin ratioReturn relative to average drawdown | 6.02 | 2.66 | +3.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GABAX | GGGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.63 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.32 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.60 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.59 | +0.09 |
Correlation
The correlation between GABAX and GGGIX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GABAX vs. GGGIX - Dividend Comparison
GABAX's dividend yield for the trailing twelve months is around 12.14%, less than GGGIX's 14.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABAX Gabelli Asset Fund | 12.14% | 12.29% | 15.41% | 8.04% | 10.06% | 9.78% | 13.12% | 10.04% | 10.01% | 8.69% | 13.23% | 13.98% |
GGGIX Gabelli Global Growth Fund Class I | 14.95% | 13.82% | 2.41% | 0.29% | 0.18% | 4.10% | 2.31% | 9.87% | 8.25% | 3.11% | 7.83% | 6.39% |
Drawdowns
GABAX vs. GGGIX - Drawdown Comparison
The maximum GABAX drawdown since its inception was -55.44%, which is greater than GGGIX's maximum drawdown of -43.91%. Use the drawdown chart below to compare losses from any high point for GABAX and GGGIX.
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Drawdown Indicators
| GABAX | GGGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.44% | -43.91% | -11.53% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -12.46% | +1.03% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -43.91% | +22.01% |
Max Drawdown (10Y)Largest decline over 10 years | -36.65% | -43.91% | +7.26% |
Current DrawdownCurrent decline from peak | -7.77% | -9.47% | +1.70% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -7.41% | +1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 3.11% | -0.26% |
Volatility
GABAX vs. GGGIX - Volatility Comparison
The current volatility for Gabelli Asset Fund (GABAX) is 5.44%, while Gabelli Global Growth Fund Class I (GGGIX) has a volatility of 6.34%. This indicates that GABAX experiences smaller price fluctuations and is considered to be less risky than GGGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GABAX | GGGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 6.34% | -0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 9.23% | 10.31% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.64% | 17.11% | -1.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 22.18% | -7.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.46% | 20.70% | -4.24% |