GABF vs. BBCB

Last updated Jun 4, 2026

GABF (Gabelli Financial Services Opportunities ETF) and BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) are both exchange-traded funds - GABF is a Financials Equities fund actively managed by Gabelli, while BBCB is a Corporate Bonds fund tracking the Bloomberg US Corporate Investment Grade. GABF is actively managed, while BBCB is passively managed. Over the past 3 years, GABF returned 20.47%/yr vs 5.98%/yr for BBCB. At a 0.28 correlation, their price movements are largely independent. GABF charges 0.10%/yr vs 0.09%/yr for BBCB.

Performance

GABF vs. BBCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Financial Services Opportunities ETF (GABF) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GABF achieves a -7.03% return, which is significantly lower than BBCB's 2.82% return.

GABF

• 1D: -1.89%
• 1M: -3.11%
• YTD: -7.03%
• 6M: -6.24%
• 1Y: -3.20%
• 3Y*: 20.47%
• 5Y*: —
• 10Y*: —

BBCB

• 1D: -0.11%
• 1M: 0.66%
• YTD: 2.82%
• 6M: 2.66%
• 1Y: 8.37%
• 3Y*: 5.98%
• 5Y*: 0.84%
• 10Y*: —

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

GABF vs. BBCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GABF Gabelli Financial Services Opportunities ETF	-7.03%	3.60%	44.38%	38.92%	0.40%
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	2.82%	7.69%	1.97%	8.42%	-2.57%

Correlation

The correlation between GABF and BBCB is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since May 11, 2022	0.28

GABF vs. BBCB - Sectors Allocation Comparison

Sectors	GABF	BBCB
Financial Services	84.6%	21.9%
Real Estate	6.0%	3.8%
Technology	4.9%	7.8%
Industrials	4.6%	7.1%
Basic Materials	-	1.6%
Communication Services	-	6.7%
Consumer Cyclical	-	6.3%
Consumer Defensive	-	5.1%
Energy	-	4.9%
Healthcare	-	8.8%
Utilities	-	8.6%

Return for Risk

GABF vs. BBCB — Risk / Return Rank

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

GABF

GABF Risk / Return Rank: 7
GABF Sharpe Ratio Rank: 7
GABF Sortino Ratio Rank: 6
GABF Omega Ratio Rank: 6
GABF Calmar Ratio Rank: 7
GABF Martin Ratio Rank: 7

BBCB

BBCB Risk / Return Rank: 56
BBCB Sharpe Ratio Rank: 50
BBCB Sortino Ratio Rank: 60
BBCB Omega Ratio Rank: 55
BBCB Calmar Ratio Rank: 58
BBCB Martin Ratio Rank: 58

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. BBCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). 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.

	GABF	BBCB	Difference
Sharpe ratio: Return per unit of total volatility	-0.19	1.71	-1.89
Sortino ratio: Return per unit of downside risk	-0.13	2.79	-2.93
Omega ratio: Gain probability vs. loss probability	0.98	1.34	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.19	2.85	-3.04
Martin ratio: Return relative to average drawdown	-0.44	10.09	-10.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GABF vs. BBCB - Sharpe Ratio Comparison

The current GABF Sharpe Ratio is -0.19, which is lower than the BBCB Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of GABF and BBCB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GABF	BBCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	1.71	-1.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.46	+0.41

Drawdowns

GABF vs. BBCB - Drawdown Comparison

The maximum GABF drawdown since its inception was -20.86%, smaller than the maximum BBCB drawdown of -22.48%. Use the drawdown chart below to compare losses from any high point for GABF and BBCB.

Drawdown Indicators

	GABF	BBCB	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	-22.48%	+1.62%
Max Drawdown (1Y) Largest decline over 1 year	-17.16%	-2.95%	-14.21%
Max Drawdown (3Y) Largest decline over 3 years	-20.86%	-6.46%	-14.40%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.32%	—
Current Drawdown Current decline from peak	-11.60%	-0.34%	-11.26%
Average Drawdown Average peak-to-trough decline	-4.86%	-6.66%	+1.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.27%	0.83%	+6.44%

Volatility

GABF vs. BBCB - Volatility Comparison

Gabelli Financial Services Opportunities ETF (GABF) has a higher volatility of 4.28% compared to JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) at 1.41%. This indicates that GABF's price experiences larger fluctuations and is considered to be riskier than BBCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GABF	BBCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	1.41%	+2.87%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	3.98%	+9.16%
Volatility (1Y) Calculated over the trailing 1-year period	17.37%	4.93%	+12.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.54%	7.25%	+13.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.54%	7.50%	+13.04%

GABF vs. BBCB - Expense Ratio Comparison

GABF has a 0.10% expense ratio, which is higher than BBCB's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GABF vs. BBCB - Dividend Comparison

GABF's dividend yield for the trailing twelve months is around 2.11%, less than BBCB's 7.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	7.15%	5.02%	5.22%	4.22%	3.39%	3.47%	4.59%	5.25%	0.20%
GABF Gabelli Financial Services Opportunities ETF	2.11%	1.96%	4.19%	4.95%	1.31%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GABF and BBCB in my portfolio?

GABF and BBCB have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GABF or BBCB?

GABF has higher volatility (4.28%) compared to BBCB (1.41%). In terms of maximum drawdown, GABF dropped -20.86% vs BBCB's -22.48%.

Which ETF is better, GABF or BBCB?

On 3-year performance, GABF leads with 20.47% vs 5.98% for BBCB. On fees, BBCB is cheaper at 0.09% per year. On volatility, BBCB has been the lower-risk option at 1.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GABF or BBCB?

Over the 3-year period, GABF has performed better with a 20.47% return vs 5.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GABF or BBCB?

BBCB is cheaper with a 0.09% expense ratio, compared with 0.10% for GABF.

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

BBCB has the higher dividend yield at 7.15%, compared with 2.11% for GABF.

What is the main difference between GABF and BBCB?

GABF is categorized as Financials Equities, while BBCB is Corporate Bonds. They also come from different issuers: Gabelli and JPMorgan. Their fees differ too: 0.10% for GABF and 0.09% for BBCB.

Which has better risk-adjusted returns?

BBCB currently has the higher Sharpe Ratio (1.71 vs -0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.