GABF vs. XLF
Compare and contrast key facts about Gabelli Financial Services Opportunities ETF (GABF) and Financial Select Sector SPDR Fund (XLF).
GABF and XLF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022. XLF is a passively managed fund by State Street that tracks the performance of the Financial Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABF or XLF.
Key characteristics
| GABF | XLF | |
|---|---|---|
| YTD Return | 36.68% | 24.49% |
| 1Y Return | 58.99% | 39.25% |
| Sharpe Ratio | 4.02 | 3.32 |
| Sortino Ratio | 5.03 | 4.34 |
| Omega Ratio | 1.69 | 1.57 |
| Calmar Ratio | 6.33 | 2.54 |
| Martin Ratio | 30.46 | 21.37 |
| Ulcer Index | 2.03% | 1.92% |
| Daily Std Dev | 15.35% | 12.36% |
| Max Drawdown | -17.14% | -82.43% |
| Current Drawdown | -3.40% | -2.81% |
Correlation
The correlation between GABF and XLF is 0.89, 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.
Performance
GABF vs. XLF - Performance Comparison
In the year-to-date period, GABF achieves a 36.68% return, which is significantly higher than XLF's 24.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GABF vs. XLF - Expense Ratio Comparison
GABF has a 0.10% expense ratio, which is lower than XLF's 0.13% 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%.
Risk-Adjusted Performance
GABF vs. XLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Financial Services Opportunities ETF (GABF) and Financial Select Sector SPDR Fund (XLF). 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.
Dividends
GABF vs. XLF - Dividend Comparison
GABF's dividend yield for the trailing twelve months is around 3.62%, more than XLF's 1.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | 3.62% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLF Financial Select Sector SPDR Fund | 1.44% | 1.71% | 2.04% | 1.63% | 2.03% | 1.87% | 2.08% | 1.48% | 1.63% | 2.40% | 1.98% | 1.81% |
Drawdowns
GABF vs. XLF - Drawdown Comparison
The maximum GABF drawdown since its inception was -17.14%, smaller than the maximum XLF drawdown of -82.43%. Use the drawdown chart below to compare losses from any high point for GABF and XLF. For additional features, visit the drawdowns tool.
Volatility
GABF vs. XLF - Volatility Comparison
Gabelli Financial Services Opportunities ETF (GABF) has a higher volatility of 4.28% compared to Financial Select Sector SPDR Fund (XLF) at 3.98%. This indicates that GABF's price experiences larger fluctuations and is considered to be riskier than XLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.