GABF vs. USCI
GABF (Gabelli Financial Services Opportunities ETF) and USCI (United States Commodity Index Fund) are both exchange-traded funds - GABF is a Financials Equities fund actively managed by Gabelli, while USCI is a Commodities fund tracking the SummerHaven Dynamic Commodity (TR). GABF is actively managed, while USCI is passively managed. Over the past 3 years, GABF returned 20.81%/yr vs 21.04%/yr for USCI. At a 0.14 correlation, their price movements are largely independent. GABF charges 0.10%/yr vs 1.03%/yr for USCI.
Performance
GABF vs. USCI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GABF achieves a -3.61% return, which is significantly lower than USCI's 22.58% return.
GABF
- 1D
- 0.99%
- 1M
- 2.96%
- YTD
- -3.61%
- 6M
- -4.39%
- 1Y
- -0.71%
- 3Y*
- 20.81%
- 5Y*
- —
- 10Y*
- —
USCI
- 1D
- -0.94%
- 1M
- -6.82%
- YTD
- 22.58%
- 6M
- 20.76%
- 1Y
- 29.04%
- 3Y*
- 21.04%
- 5Y*
- 18.23%
- 10Y*
- 8.19%
GABF vs. USCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | -3.61% | 3.60% | 44.38% | 38.92% | -0.04% |
USCI United States Commodity Index Fund | 22.58% | 17.63% | 17.24% | -0.00% | -0.88% |
Correlation
The correlation between GABF and USCI is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.14 |
The correlation between GABF and USCI shifts across timeframes, from -0.10 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GABF vs. USCI — Risk / Return Rank
GABF
USCI
GABF vs. USCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and United States Commodity Index Fund (USCI). 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 | USCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.30 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 3.34 | -3.38 |
| Martin ratioReturn relative to average drawdown | -0.10 | 10.82 | -10.92 |
Loading charts...
Drawdowns
GABF vs. USCI - Drawdown Comparison
The maximum GABF drawdown since its inception was -20.86%, smaller than the maximum USCI drawdown of -66.41%. Use the drawdown chart below to compare losses from any high point for GABF and USCI.
Loading charts...
Drawdown Indicators
| GABF | USCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.86% | -66.41% | +45.55% |
Max Drawdown (1Y)Largest decline over 1 year | -17.16% | -8.73% | -8.43% |
Max Drawdown (3Y)Largest decline over 3 years | -20.86% | -12.01% | -8.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.82% | — |
Current DrawdownCurrent decline from peak | -8.35% | -7.36% | -0.99% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -29.46% | +24.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.44% | 2.69% | +4.75% |
Volatility
GABF vs. USCI - Volatility Comparison
Gabelli Financial Services Opportunities ETF (GABF) has a higher volatility of 4.81% compared to United States Commodity Index Fund (USCI) at 3.42%. This indicates that GABF's price experiences larger fluctuations and is considered to be riskier than USCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GABF | USCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 3.42% | +1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 13.27% | 14.11% | -0.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.57% | 16.78% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.52% | 18.45% | +2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.52% | 15.85% | +4.67% |
GABF vs. USCI - Expense Ratio Comparison
GABF has a 0.10% expense ratio, which is lower than USCI's 1.03% expense ratio.
Dividends
GABF vs. USCI - Dividend Comparison
GABF's dividend yield for the trailing twelve months is around 2.04%, while USCI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | 2.04% | 1.96% | 4.19% | 4.95% | 1.31% |
USCI United States Commodity Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GABF and USCI have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABF has higher volatility (4.81%) compared to USCI (3.42%). In terms of maximum drawdown, GABF dropped -20.86% vs USCI's -66.41%.
On 3-year performance, USCI leads with 21.04% vs 20.81% for GABF. On fees, GABF is cheaper at 0.10% per year. On volatility, USCI has been the lower-risk option at 3.42%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, USCI has performed better with a 21.04% return vs 20.81%. 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 1.03% for USCI.
GABF has the higher dividend yield at 2.04%, compared with 0.00% for USCI.
GABF is categorized as Financials Equities, while USCI is Commodities. They also come from different issuers: Gabelli and Concierge Technologies. Their fees differ too: 0.10% for GABF and 1.03% for USCI.
USCI currently has the higher Sharpe Ratio (1.74 vs -0.04), 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.
Find the right allocation for GABF and USCI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer