GABGX vs. FUTY
Compare and contrast key facts about Gabelli Growth Fund (GABGX) and Fidelity MSCI Utilities Index ETF (FUTY).
GABGX is managed by Gabelli. It was launched on Apr 10, 1987. FUTY is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Utilities Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABGX or FUTY.
Key characteristics
| GABGX | FUTY | |
|---|---|---|
| YTD Return | 29.16% | 25.79% |
| 1Y Return | 42.31% | 30.21% |
| 3Y Return (Ann) | 4.33% | 8.38% |
| 5Y Return (Ann) | 16.07% | 7.33% |
| 10Y Return (Ann) | 14.37% | 8.87% |
| Sharpe Ratio | 2.52 | 2.13 |
| Sortino Ratio | 3.26 | 2.98 |
| Omega Ratio | 1.45 | 1.37 |
| Calmar Ratio | 2.04 | 1.61 |
| Martin Ratio | 12.47 | 11.06 |
| Ulcer Index | 3.66% | 3.05% |
| Daily Std Dev | 18.15% | 15.87% |
| Max Drawdown | -69.52% | -36.44% |
| Current Drawdown | -2.38% | -4.96% |
Correlation
The correlation between GABGX and FUTY is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GABGX vs. FUTY - Performance Comparison
In the year-to-date period, GABGX achieves a 29.16% return, which is significantly higher than FUTY's 25.79% return. Over the past 10 years, GABGX has outperformed FUTY with an annualized return of 14.37%, while FUTY has yielded a comparatively lower 8.87% annualized 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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GABGX vs. FUTY - Expense Ratio Comparison
GABGX has a 1.34% expense ratio, which is higher than FUTY's 0.08% expense ratio.
Risk-Adjusted Performance
GABGX vs. FUTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Growth Fund (GABGX) and Fidelity MSCI Utilities Index ETF (FUTY). 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
GABGX vs. FUTY - Dividend Comparison
GABGX's dividend yield for the trailing twelve months is around 1.29%, less than FUTY's 2.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABGX Gabelli Growth Fund | 1.29% | 1.66% | 0.00% | 5.03% | 7.02% | 11.48% | 5.66% | 6.28% | 5.17% | 8.19% | 4.67% | 0.03% |
FUTY Fidelity MSCI Utilities Index ETF | 2.78% | 3.31% | 2.72% | 2.70% | 3.07% | 2.82% | 3.11% | 3.03% | 3.35% | 4.33% | 3.04% | 0.86% |
Drawdowns
GABGX vs. FUTY - Drawdown Comparison
The maximum GABGX drawdown since its inception was -69.52%, which is greater than FUTY's maximum drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for GABGX and FUTY. For additional features, visit the drawdowns tool.
Volatility
GABGX vs. FUTY - Volatility Comparison
The current volatility for Gabelli Growth Fund (GABGX) is 4.89%, while Fidelity MSCI Utilities Index ETF (FUTY) has a volatility of 5.22%. This indicates that GABGX experiences smaller price fluctuations and is considered to be less risky than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.