GABF vs. DFGP

Last updated Jun 24, 2026

GABF (Gabelli Financial Services Opportunities ETF) and DFGP (Dimensional Global Core Plus Fixed Income ETF) are both exchange-traded funds - GABF is a Financials Equities fund actively managed by Gabelli, while DFGP is a Global Bonds fund actively managed by Dimensional. Both are actively managed. Over the past year, GABF returned -1.50% vs 4.00% for DFGP. At a 0.20 correlation, their price movements are largely independent. GABF charges 0.10%/yr vs 0.22%/yr for DFGP.

Performance

GABF vs. DFGP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Financial Services Opportunities ETF (GABF) and Dimensional Global Core Plus Fixed Income ETF (DFGP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GABF achieves a -4.42% return, which is significantly lower than DFGP's 0.87% return.

GABF

• 1D: -0.39%
• 1M: 0.90%
• YTD: -4.42%
• 6M: -5.68%
• 1Y: -1.50%
• 3Y*: 21.50%
• 5Y*: —
• 10Y*: —

DFGP

• 1D: -0.65%
• 1M: 0.29%
• YTD: 0.87%
• 6M: 1.00%
• 1Y: 4.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GABF vs. DFGP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GABF Gabelli Financial Services Opportunities ETF	-4.42%	3.60%	44.38%	16.91%
DFGP Dimensional Global Core Plus Fixed Income ETF	0.87%	5.89%	3.71%	6.23%

Correlation

The correlation between GABF and DFGP is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.34
Correlation (All Time) Calculated using the full available price history since Nov 8, 2023	0.20

The correlation between GABF and DFGP shifts across timeframes, from 0.20 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GABF vs. DFGP — 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: 7
GABF Omega Ratio Rank: 7
GABF Calmar Ratio Rank: 8
GABF Martin Ratio Rank: 8

DFGP

DFGP Risk / Return Rank: 28
DFGP Sharpe Ratio Rank: 29
DFGP Sortino Ratio Rank: 27
DFGP Omega Ratio Rank: 27
DFGP Calmar Ratio Rank: 26
DFGP Martin Ratio Rank: 31

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. DFGP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and Dimensional Global Core Plus Fixed Income ETF (DFGP). 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	DFGP	Difference
Sharpe ratio: Return per unit of total volatility	-0.09	0.99	-1.08
Sortino ratio: Return per unit of downside risk	0.00	1.44	-1.44
Omega ratio: Gain probability vs. loss probability	1.00	1.18	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.09	1.24	-1.33
Martin ratio: Return relative to average drawdown	-0.20	4.15	-4.35

GABF vs. DFGP - Sharpe Ratio Comparison

The current GABF Sharpe Ratio is -0.09, which is lower than the DFGP Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of GABF and DFGP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GABF vs. DFGP - Drawdown Comparison

The maximum GABF drawdown since its inception was -20.86%, which is greater than DFGP's maximum drawdown of -3.24%. Use the drawdown chart below to compare losses from any high point for GABF and DFGP.

Drawdown Indicators

	GABF	DFGP	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	-3.24%	-17.62%
Max Drawdown (1Y) Largest decline over 1 year	-17.16%	-3.24%	-13.92%
Max Drawdown (3Y) Largest decline over 3 years	-20.86%	—	—
Current Drawdown Current decline from peak	-9.12%	-1.18%	-7.94%
Average Drawdown Average peak-to-trough decline	-4.90%	-0.78%	-4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.55%	0.97%	+6.58%

Volatility

GABF vs. DFGP - Volatility Comparison

Gabelli Financial Services Opportunities ETF (GABF) has a higher volatility of 4.38% compared to Dimensional Global Core Plus Fixed Income ETF (DFGP) at 1.39%. This indicates that GABF's price experiences larger fluctuations and is considered to be riskier than DFGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GABF	DFGP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	1.39%	+2.99%
Volatility (6M) Calculated over the trailing 6-month period	13.29%	3.42%	+9.87%
Volatility (1Y) Calculated over the trailing 1-year period	17.47%	4.06%	+13.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.48%	4.67%	+15.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.48%	4.67%	+15.81%

GABF vs. DFGP - Expense Ratio Comparison

GABF has a 0.10% expense ratio, which is lower than DFGP's 0.22% expense ratio. Despite the difference, 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. DFGP - Dividend Comparison

GABF's dividend yield for the trailing twelve months is around 2.05%, less than DFGP's 3.65% yield.

Position	TTM	2025	2024	2023	2022
DFGP Dimensional Global Core Plus Fixed Income ETF	3.65%	3.45%	4.51%	0.62%	0.00%
GABF Gabelli Financial Services Opportunities ETF	2.05%	1.96%	4.19%	4.95%	1.31%

Frequently Asked Questions

Can I hold both GABF and DFGP in my portfolio?

GABF and DFGP have a correlation of 0.34, 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 DFGP?

GABF has higher volatility (4.38%) compared to DFGP (1.39%). In terms of maximum drawdown, GABF dropped -20.86% vs DFGP's -3.24%.

Which ETF is better, GABF or DFGP?

On 1-year performance, DFGP leads with 4.00% vs -1.50% for GABF. On fees, GABF is cheaper at 0.10% per year. On volatility, DFGP has been the lower-risk option at 1.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GABF or DFGP?

Over the 1-year period, DFGP has performed better with a 4.00% return vs -1.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GABF or DFGP?

GABF is cheaper with a 0.10% expense ratio, compared with 0.22% for DFGP.

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

DFGP has the higher dividend yield at 3.65%, compared with 2.05% for GABF.

What is the main difference between GABF and DFGP?

GABF is categorized as Financials Equities, while DFGP is Global Bonds. They also come from different issuers: Gabelli and Dimensional. Their fees differ too: 0.10% for GABF and 0.22% for DFGP.

Which has better risk-adjusted returns?

DFGP currently has the higher Sharpe Ratio (0.99 vs -0.09), 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.