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GABF vs. KBWB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GABF vs. KBWB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Financial Services Opportunities ETF (GABF) and Invesco KBW Bank ETF (KBWB). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
26.38%
26.67%
GABF
KBWB

Returns By Period

In the year-to-date period, GABF achieves a 48.60% return, which is significantly higher than KBWB's 42.78% return.


GABF

YTD

48.60%

1M

5.26%

6M

26.38%

1Y

65.48%

5Y (annualized)

N/A

10Y (annualized)

N/A

KBWB

YTD

42.78%

1M

9.25%

6M

26.67%

1Y

65.40%

5Y (annualized)

7.45%

10Y (annualized)

8.94%

Key characteristics


GABFKBWB
Sharpe Ratio3.932.88
Sortino Ratio5.214.14
Omega Ratio1.711.52
Calmar Ratio6.711.59
Martin Ratio31.9221.20
Ulcer Index2.05%3.07%
Daily Std Dev16.67%22.57%
Max Drawdown-17.14%-50.27%
Current Drawdown-1.64%-1.02%

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GABF vs. KBWB - Expense Ratio Comparison

GABF has a 0.10% expense ratio, which is lower than KBWB's 0.35% expense ratio.


KBWB
Invesco KBW Bank ETF
Expense ratio chart for KBWB: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for GABF: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Correlation

-0.50.00.51.00.9

The correlation between GABF and KBWB is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

GABF vs. KBWB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and Invesco KBW Bank ETF (KBWB). 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.


Sharpe ratio
The chart of Sharpe ratio for GABF, currently valued at 3.93, compared to the broader market0.002.004.006.003.932.88
The chart of Sortino ratio for GABF, currently valued at 5.21, compared to the broader market-2.000.002.004.006.008.0010.0012.005.214.14
The chart of Omega ratio for GABF, currently valued at 1.71, compared to the broader market0.501.001.502.002.503.001.711.52
The chart of Calmar ratio for GABF, currently valued at 6.71, compared to the broader market0.005.0010.0015.006.712.46
The chart of Martin ratio for GABF, currently valued at 31.92, compared to the broader market0.0020.0040.0060.0080.00100.00120.0031.9221.20
GABF
KBWB

The current GABF Sharpe Ratio is 3.93, which is higher than the KBWB Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of GABF and KBWB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
3.93
2.88
GABF
KBWB

Dividends

GABF vs. KBWB - Dividend Comparison

GABF's dividend yield for the trailing twelve months is around 3.33%, more than KBWB's 2.38% yield.


TTM20232022202120202019201820172016201520142013
GABF
Gabelli Financial Services Opportunities ETF
3.33%4.95%1.31%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
KBWB
Invesco KBW Bank ETF
2.38%3.20%3.05%2.13%2.63%2.38%2.54%1.35%1.53%1.53%1.52%1.43%

Drawdowns

GABF vs. KBWB - Drawdown Comparison

The maximum GABF drawdown since its inception was -17.14%, smaller than the maximum KBWB drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for GABF and KBWB. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.64%
-0.98%
GABF
KBWB

Volatility

GABF vs. KBWB - Volatility Comparison

The current volatility for Gabelli Financial Services Opportunities ETF (GABF) is 7.70%, while Invesco KBW Bank ETF (KBWB) has a volatility of 11.41%. This indicates that GABF experiences smaller price fluctuations and is considered to be less risky than KBWB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
7.70%
11.41%
GABF
KBWB