GABAX vs. IJH
Compare and contrast key facts about Gabelli Asset Fund (GABAX) and iShares Core S&P Mid-Cap ETF (IJH).
GABAX is managed by Gabelli. It was launched on Mar 3, 1986. IJH is a passively managed fund by iShares that tracks the performance of the S&P MidCap 400 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABAX or IJH.
Correlation
The correlation between GABAX and IJH is 0.92, 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.
Performance
GABAX vs. IJH - Performance Comparison
Key characteristics
GABAX:
-0.11
IJH:
1.07
GABAX:
-0.02
IJH:
1.59
GABAX:
1.00
IJH:
1.19
GABAX:
-0.06
IJH:
1.99
GABAX:
-0.31
IJH:
4.65
GABAX:
6.44%
IJH:
3.61%
GABAX:
17.85%
IJH:
15.56%
GABAX:
-58.01%
IJH:
-55.06%
GABAX:
-28.47%
IJH:
-4.59%
Returns By Period
In the year-to-date period, GABAX achieves a 5.56% return, which is significantly higher than IJH's 3.50% return. Over the past 10 years, GABAX has underperformed IJH with an annualized return of -2.91%, while IJH has yielded a comparatively higher 9.54% annualized return.
GABAX
5.56%
3.22%
-6.46%
-2.13%
-2.71%
-2.91%
IJH
3.50%
-0.32%
7.83%
15.75%
10.60%
9.54%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GABAX vs. IJH - Expense Ratio Comparison
GABAX has a 1.33% expense ratio, which is higher than IJH's 0.06% expense ratio.
Risk-Adjusted Performance
GABAX vs. IJH — Risk-Adjusted Performance Rank
GABAX
IJH
GABAX vs. IJH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Asset Fund (GABAX) and iShares Core S&P Mid-Cap ETF (IJH). 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
GABAX vs. IJH - Dividend Comparison
GABAX's dividend yield for the trailing twelve months is around 0.37%, less than IJH's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABAX Gabelli Asset Fund | 0.37% | 0.39% | 0.33% | 0.18% | 0.33% | 0.31% | 0.42% | 0.35% | 0.15% | 0.78% | 0.40% | 0.27% |
IJH iShares Core S&P Mid-Cap ETF | 1.28% | 1.33% | 1.46% | 1.68% | 1.18% | 1.28% | 1.63% | 1.72% | 1.19% | 1.60% | 1.56% | 1.34% |
Drawdowns
GABAX vs. IJH - Drawdown Comparison
The maximum GABAX drawdown since its inception was -58.01%, which is greater than IJH's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for GABAX and IJH. For additional features, visit the drawdowns tool.
Volatility
GABAX vs. IJH - Volatility Comparison
The current volatility for Gabelli Asset Fund (GABAX) is 2.67%, while iShares Core S&P Mid-Cap ETF (IJH) has a volatility of 3.74%. This indicates that GABAX experiences smaller price fluctuations and is considered to be less risky than IJH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.