GABF vs. IYG
GABF (Gabelli Financial Services Opportunities ETF) and IYG (iShares U.S. Financial Services ETF) are both Financials Equities funds. GABF is actively managed, while IYG is passively managed. Over the past 3 years, GABF returned 21.50%/yr vs 23.13%/yr for IYG. Their correlation of 0.91 suggests significant overlap in exposure. GABF charges 0.10%/yr vs 0.42%/yr for IYG.
Performance
GABF vs. IYG - Performance Comparison
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Returns By Period
In the year-to-date period, GABF achieves a -4.42% return, which is significantly lower than IYG's -0.54% return.
GABF
- 1D
- -0.39%
- 1M
- 0.90%
- YTD
- -4.42%
- 6M
- -5.68%
- 1Y
- -1.50%
- 3Y*
- 21.50%
- 5Y*
- —
- 10Y*
- —
IYG
- 1D
- 0.08%
- 1M
- 4.46%
- YTD
- -0.54%
- 6M
- -1.92%
- 1Y
- 11.95%
- 3Y*
- 23.13%
- 5Y*
- 9.83%
- 10Y*
- 15.05%
GABF vs. IYG - 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% |
IYG iShares U.S. Financial Services ETF | -0.54% | 19.85% | 31.94% | 16.07% | 1.60% |
Correlation
The correlation between GABF and IYG is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.91 |
The correlation between GABF and IYG has been stable across timeframes, ranging from 0.89 to 0.91 - a consistent structural relationship.
GABF vs. IYG - Sectors Allocation Comparison
Sectors
GABF
IYG
Financial Services
Technology
-
Industrials
-
Real Estate
-
Basic Materials
-
-
Communication Services
-
-
Consumer Cyclical
-
-
Consumer Defensive
-
-
Energy
-
-
Healthcare
-
-
Utilities
-
-
Financial Services
GABF
IYG
Technology
GABF
IYG
-
Industrials
GABF
IYG
-
Real Estate
GABF
IYG
-
Basic Materials
GABF
-
IYG
-
Communication Services
GABF
-
IYG
-
Consumer Cyclical
GABF
-
IYG
-
Consumer Defensive
GABF
-
IYG
-
Energy
GABF
-
IYG
-
Healthcare
GABF
-
IYG
-
Utilities
GABF
-
IYG
-
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Return for Risk
GABF vs. IYG — Risk / Return Rank
GABF
IYG
GABF vs. IYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and iShares U.S. Financial Services ETF (IYG). 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 | IYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.14 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 0.75 | -0.84 |
| Martin ratioReturn relative to average drawdown | -0.20 | 1.92 | -2.12 |
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Drawdowns
GABF vs. IYG - Drawdown Comparison
The maximum GABF drawdown since its inception was -20.86%, smaller than the maximum IYG drawdown of -81.84%. Use the drawdown chart below to compare losses from any high point for GABF and IYG.
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Drawdown Indicators
| GABF | IYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.86% | -81.84% | +60.98% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -15.90% | -1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -20.86% | -18.54% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.32% | — |
Current DrawdownCurrent decline from peak | -9.12% | -4.01% | -5.11% |
Average DrawdownAverage peak-to-trough decline | -4.90% | -20.71% | +15.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.55% | 6.23% | +1.32% |
Volatility
GABF vs. IYG - Volatility Comparison
Gabelli Financial Services Opportunities ETF (GABF) and iShares U.S. Financial Services ETF (IYG) have volatilities of 4.38% and 4.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GABF | IYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | 4.40% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 13.29% | 12.15% | +1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.47% | 15.61% | +1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.48% | 20.42% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.48% | 23.45% | -2.97% |
GABF vs. IYG - Expense Ratio Comparison
GABF has a 0.10% expense ratio, which is lower than IYG's 0.42% expense ratio.
Dividends
GABF vs. IYG - Dividend Comparison
GABF's dividend yield for the trailing twelve months is around 2.05%, more than IYG's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | 2.05% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYG iShares U.S. Financial Services ETF | 1.08% | 1.00% | 1.16% | 1.77% | 2.07% | 1.25% | 1.71% | 1.59% | 1.81% | 1.24% | 1.28% | 1.33% |
Frequently Asked Questions
GABF and IYG have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IYG has higher volatility (4.40%) compared to GABF (4.38%). In terms of maximum drawdown, GABF dropped -20.86% vs IYG's -81.84%.
On 3-year performance, IYG leads with 23.13% vs 21.50% for GABF. On fees, GABF is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IYG has performed better with a 23.13% return vs 21.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GABF is cheaper with a 0.10% expense ratio, compared with 0.42% for IYG.
GABF has the higher dividend yield at 2.05%, compared with 1.08% for IYG.
They also come from different issuers: Gabelli and iShares. Their fees differ too: 0.10% for GABF and 0.42% for IYG.
IYG currently has the higher Sharpe Ratio (0.77 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.
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