GABF vs. GGTL

Last updated Jun 24, 2026

GABF (Gabelli Financial Services Opportunities ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both exchange-traded funds - GABF is a Financials Equities fund actively managed by Gabelli, while GGTL is a Technology Equities fund actively managed by Gabelli. Both are actively managed. Over the past 3 years, GABF returned 21.50%/yr vs 21.46%/yr for GGTL. A 0.72 correlation means they provide meaningful diversification when combined. GABF charges 0.10%/yr vs 0.90%/yr for GGTL.

Performance

GABF vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Financial Services Opportunities ETF (GABF) and Gabelli Global Technology Leaders ETF (GGTL). 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 GGTL's 23.84% return.

GABF

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

GGTL

• 1D: -4.64%
• 1M: 2.58%
• YTD: 23.84%
• 6M: 23.84%
• 1Y: 40.67%
• 3Y*: 21.46%
• 5Y*: —
• 10Y*: —

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

GABF vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GABF Gabelli Financial Services Opportunities ETF	-4.42%	3.60%	44.38%	38.92%	-0.04%
GGTL Gabelli Global Technology Leaders ETF	23.84%	19.78%	11.07%	18.17%	4.91%

Correlation

The correlation between GABF and GGTL is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (All Time) Calculated using the full available price history since May 10, 2022	0.72

Over the past year, the correlation between GABF and GGTL has dropped to 0.45 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

GABF vs. GGTL - Sectors Allocation Comparison

Sectors	GABF	GGTL
Financial Services	85.6%	-
Technology	5.2%	55.5%
Industrials	4.9%	0.1%
Real Estate	4.3%	-
Basic Materials	-	-
Communication Services	-	2.9%
Consumer Cyclical	-	0.9%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

GABF vs. GGTL — 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

GGTL

GGTL Risk / Return Rank: 76
GGTL Sharpe Ratio Rank: 73
GGTL Sortino Ratio Rank: 67
GGTL Omega Ratio Rank: 73
GGTL Calmar Ratio Rank: 87
GGTL Martin Ratio Rank: 83

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. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and Gabelli Global Technology Leaders ETF (GGTL). 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	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	-0.09	2.10	-2.19
Sortino ratio: Return per unit of downside risk	0.00	2.75	-2.75
Omega ratio: Gain probability vs. loss probability	1.00	1.39	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.09	4.44	-4.53
Martin ratio: Return relative to average drawdown	-0.20	15.15	-15.35

GABF vs. GGTL - Sharpe Ratio Comparison

The current GABF Sharpe Ratio is -0.09, which is lower than the GGTL Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of GABF and GGTL, 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. GGTL - Drawdown Comparison

The maximum GABF drawdown since its inception was -20.86%, smaller than the maximum GGTL drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for GABF and GGTL.

Drawdown Indicators

	GABF	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-20.86%	-23.65%	+2.79%
Max Drawdown (1Y) Largest decline over 1 year	-17.16%	-9.20%	-7.96%
Max Drawdown (3Y) Largest decline over 3 years	-20.86%	-21.46%	+0.60%
Current Drawdown Current decline from peak	-9.12%	-4.64%	-4.48%
Average Drawdown Average peak-to-trough decline	-4.90%	-7.40%	+2.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.55%	2.69%	+4.86%

Volatility

GABF vs. GGTL - Volatility Comparison

The current volatility for Gabelli Financial Services Opportunities ETF (GABF) is 4.38%, while Gabelli Global Technology Leaders ETF (GGTL) has a volatility of 11.18%. This indicates that GABF experiences smaller price fluctuations and is considered to be less risky than GGTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GABF	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	11.18%	-6.80%
Volatility (6M) Calculated over the trailing 6-month period	13.29%	16.84%	-3.55%
Volatility (1Y) Calculated over the trailing 1-year period	17.47%	19.45%	-1.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.48%	18.19%	+2.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.48%	18.19%	+2.29%

GABF vs. GGTL - Expense Ratio Comparison

GABF has a 0.10% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

GABF vs. GGTL - Dividend Comparison

GABF's dividend yield for the trailing twelve months is around 2.05%, more than GGTL's 0.84% yield.

Position	TTM	2025	2024	2023	2022
GABF Gabelli Financial Services Opportunities ETF	2.05%	1.96%	4.19%	4.95%	1.31%
GGTL Gabelli Global Technology Leaders ETF	0.84%	1.04%	0.75%	0.84%	0.78%

Frequently Asked Questions

Can I hold both GABF and GGTL in my portfolio?

GABF and GGTL have a correlation of 0.45, 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 GGTL?

GGTL has higher volatility (11.18%) compared to GABF (4.38%). In terms of maximum drawdown, GABF dropped -20.86% vs GGTL's -23.65%.

Which ETF is better, GABF or GGTL?

On 3-year performance, GABF leads with 21.50% vs 21.46% for GGTL. On fees, GABF is cheaper at 0.10% per year. On volatility, GABF has been the lower-risk option at 4.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GABF or GGTL?

Over the 3-year period, GABF has performed better with a 21.50% return vs 21.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GABF or GGTL?

GABF is cheaper with a 0.10% expense ratio, compared with 0.90% for GGTL.

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

GABF has the higher dividend yield at 2.05%, compared with 0.84% for GGTL.

What is the main difference between GABF and GGTL?

GABF is categorized as Financials Equities, while GGTL is Technology Equities. Their fees differ too: 0.10% for GABF and 0.90% for GGTL.

Which has better risk-adjusted returns?

GGTL currently has the higher Sharpe Ratio (2.10 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.