GABAX vs. XLP
Compare and contrast key facts about Gabelli Asset Fund (GABAX) and State Street Consumer Staples Select Sector SPDR ETF (XLP).
GABAX is managed by Gabelli. It was launched on Mar 3, 1986. XLP is a passively managed fund by State Street that tracks the performance of the S&P Consumer Staples Select Sector. It was launched on Dec 16, 1998.
Performance
GABAX vs. XLP - Performance Comparison
Loading graphics...
GABAX vs. XLP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GABAX Gabelli Asset Fund | -1.23% | 16.65% | 8.07% | 10.32% | -10.74% | 18.96% | 11.22% | 22.44% | -7.61% | 20.17% |
XLP State Street Consumer Staples Select Sector SPDR ETF | 6.13% | 1.52% | 12.20% | -0.82% | -0.81% | 17.20% | 10.11% | 27.43% | -8.07% | 12.98% |
Returns By Period
In the year-to-date period, GABAX achieves a -1.23% return, which is significantly lower than XLP's 6.13% return. Over the past 10 years, GABAX has outperformed XLP with an annualized return of 9.09%, while XLP has yielded a comparatively lower 7.17% annualized return.
GABAX
- 1D
- -0.32%
- 1M
- -9.83%
- YTD
- -1.23%
- 6M
- 1.74%
- 1Y
- 13.79%
- 3Y*
- 9.59%
- 5Y*
- 6.20%
- 10Y*
- 9.09%
XLP
- 1D
- 0.12%
- 1M
- -8.41%
- YTD
- 6.13%
- 6M
- 6.04%
- 1Y
- 3.16%
- 3Y*
- 5.99%
- 5Y*
- 6.59%
- 10Y*
- 7.17%
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. XLP - Expense Ratio Comparison
GABAX has a 1.33% expense ratio, which is higher than XLP's 0.08% expense ratio.
Return for Risk
GABAX vs. XLP — Risk / Return Rank
GABAX
XLP
GABAX vs. XLP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Asset Fund (GABAX) and State Street Consumer Staples Select Sector SPDR ETF (XLP). 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 | XLP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.23 | +0.70 |
Sortino ratioReturn per unit of downside risk | 1.38 | 0.42 | +0.96 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.05 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | 0.49 | +0.59 |
Martin ratioReturn relative to average drawdown | 4.43 | 1.19 | +3.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GABAX | XLP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.23 | +0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.50 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.49 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.44 | +0.24 |
Correlation
The correlation between GABAX and XLP is 0.60, 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
GABAX vs. XLP - Dividend Comparison
GABAX's dividend yield for the trailing twelve months is around 12.44%, more than XLP's 2.65% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABAX Gabelli Asset Fund | 12.44% | 12.29% | 15.41% | 8.04% | 10.06% | 9.78% | 13.12% | 10.04% | 10.01% | 8.69% | 13.23% | 13.98% |
XLP State Street Consumer Staples Select Sector SPDR ETF | 2.65% | 2.75% | 2.77% | 2.63% | 2.47% | 2.28% | 2.50% | 2.57% | 3.04% | 2.62% | 2.53% | 2.52% |
Drawdowns
GABAX vs. XLP - Drawdown Comparison
The maximum GABAX drawdown since its inception was -55.44%, which is greater than XLP's maximum drawdown of -35.90%. Use the drawdown chart below to compare losses from any high point for GABAX and XLP.
Loading graphics...
Drawdown Indicators
| GABAX | XLP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.44% | -35.90% | -19.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -9.69% | -1.74% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -16.30% | -5.60% |
Max Drawdown (10Y)Largest decline over 10 years | -36.65% | -24.51% | -12.14% |
Current DrawdownCurrent decline from peak | -10.04% | -8.41% | -1.63% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -7.06% | +1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 4.03% | -1.23% |
Volatility
GABAX vs. XLP - Volatility Comparison
Gabelli Asset Fund (GABAX) has a higher volatility of 4.54% compared to State Street Consumer Staples Select Sector SPDR ETF (XLP) at 3.93%. This indicates that GABAX's price experiences larger fluctuations and is considered to be riskier than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GABAX | XLP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 3.93% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 8.90% | 9.34% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.47% | 13.90% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 13.14% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.44% | 14.69% | +1.75% |