GABBX vs. HDV
Compare and contrast key facts about Gabelli Dividend Growth Fund (GABBX) and iShares Core High Dividend ETF (HDV).
GABBX is managed by Gabelli. It was launched on Aug 26, 1999. HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABBX or HDV.
Key characteristics
| GABBX | HDV | |
|---|---|---|
| YTD Return | 8.23% | 17.30% |
| 1Y Return | 14.08% | 18.23% |
| 3Y Return (Ann) | 2.94% | 11.23% |
| 5Y Return (Ann) | 7.35% | 8.37% |
| 10Y Return (Ann) | 4.81% | 8.26% |
| Sharpe Ratio | 1.25 | 1.68 |
| Daily Std Dev | 11.16% | 10.60% |
| Max Drawdown | -60.85% | -37.04% |
| Current Drawdown | -1.58% | -0.60% |
Correlation
The correlation between GABBX and HDV is 0.83, 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
GABBX vs. HDV - Performance Comparison
In the year-to-date period, GABBX achieves a 8.23% return, which is significantly lower than HDV's 17.30% return. Over the past 10 years, GABBX has underperformed HDV with an annualized return of 4.81%, while HDV has yielded a comparatively higher 8.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GABBX vs. HDV - Expense Ratio Comparison
GABBX has a 2.00% expense ratio, which is higher than HDV's 0.08% expense ratio.
Risk-Adjusted Performance
GABBX vs. HDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Dividend Growth Fund (GABBX) and iShares Core High Dividend ETF (HDV). 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
GABBX vs. HDV - Dividend Comparison
GABBX's dividend yield for the trailing twelve months is around 1.33%, less than HDV's 3.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABBX Gabelli Dividend Growth Fund | 1.33% | 1.43% | 1.72% | 11.25% | 2.90% | 4.42% | 11.77% | 16.73% | 5.97% | 3.35% | 1.42% | 4.03% |
HDV iShares Core High Dividend ETF | 3.24% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% | 3.20% | 3.17% |
Drawdowns
GABBX vs. HDV - Drawdown Comparison
The maximum GABBX drawdown since its inception was -60.85%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for GABBX and HDV. For additional features, visit the drawdowns tool.
Volatility
GABBX vs. HDV - Volatility Comparison
Gabelli Dividend Growth Fund (GABBX) has a higher volatility of 3.39% compared to iShares Core High Dividend ETF (HDV) at 2.71%. This indicates that GABBX's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.