GABF vs. ASET

Last updated Jun 23, 2026

GABF (Gabelli Financial Services Opportunities ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both exchange-traded funds - GABF is a Financials Equities fund actively managed by Gabelli, while ASET is a Diversified Portfolio fund tracking the Northern Trust Real Assets Allocation Total Return. GABF is actively managed, while ASET is passively managed. GABF charges 0.10%/yr vs 0.57%/yr for ASET.

Performance

GABF vs. ASET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Financial Services Opportunities ETF (GABF) and FlexShares Real Assets Allocation Index Fund (ASET). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GABF

• 1D: -0.27%
• 1M: 1.29%
• YTD: -4.05%
• 6M: -5.37%
• 1Y: -0.43%
• 3Y*: 21.66%
• 5Y*: —
• 10Y*: —

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GABF vs. ASET - Yearly Performance Comparison

	2026 (YTD)
GABF Gabelli Financial Services Opportunities ETF	-0.51%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

Return for Risk

GABF vs. ASET — Risk / Return Rank

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

GABF

GABF Risk / Return Rank: 8
GABF Sharpe Ratio Rank: 8
GABF Sortino Ratio Rank: 8
GABF Omega Ratio Rank: 8
GABF Calmar Ratio Rank: 8
GABF Martin Ratio Rank: 8

ASET

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

GABF vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and FlexShares Real Assets Allocation Index Fund (ASET). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GABF	ASET	Difference
Sharpe ratio: Return per unit of total volatility	-0.02	—	—
Sortino ratio: Return per unit of downside risk	0.08	—	—
Omega ratio: Gain probability vs. loss probability	1.01	—	—
Calmar ratio: Return relative to maximum drawdown	-0.02	—	—
Martin ratio: Return relative to average drawdown	-0.06	—	—

Drawdowns

GABF vs. ASET - Drawdown Comparison

The maximum GABF drawdown since its inception was -20.86%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GABF and ASET.

Drawdown Indicators

	GABF	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	0.00%	-20.86%
Max Drawdown (1Y) Largest decline over 1 year	-17.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.86%	—	—
Current Drawdown Current decline from peak	-8.77%	0.00%	-8.77%
Average Drawdown Average peak-to-trough decline	-4.90%	0.00%	-4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.52%	—	—

Volatility

Volatility by Period

	GABF	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.50%	0.00%	+17.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.49%	0.00%	+20.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.49%	0.00%	+20.49%

GABF vs. ASET - Expense Ratio Comparison

GABF has a 0.10% expense ratio, which is lower than ASET's 0.57% expense ratio.

Dividends

GABF vs. ASET - Dividend Comparison

GABF's dividend yield for the trailing twelve months is around 2.05%, while ASET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%
GABF Gabelli Financial Services Opportunities ETF	2.05%	1.96%	4.19%	4.95%	1.31%

Frequently Asked Questions

Which ETF is better, GABF or ASET?

On fees, GABF is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GABF or ASET?

GABF is cheaper with a 0.10% expense ratio, compared with 0.57% for ASET.

Which ETF pays a higher dividend yield, GABF or ASET?

GABF has the higher dividend yield at 2.05%, compared with 0.00% for ASET.

What is the main difference between GABF and ASET?

GABF is categorized as Financials Equities, while ASET is Diversified Portfolio. They also come from different issuers: Gabelli and Northern Trust. Their fees differ too: 0.10% for GABF and 0.57% for ASET.