GABGX vs. GGGIX
GABGX (Gabelli Growth Fund) and GGGIX (Gabelli Global Growth Fund Class I) are both Large Cap Growth Equities funds from Gabelli. Over the past 10 years, GABGX returned 16.10%/yr vs 13.50%/yr for GGGIX. Their 0.96 correlation means they have historically moved very closely together. GABGX charges 1.34%/yr vs 0.90%/yr for GGGIX.
Performance
GABGX vs. GGGIX - Performance Comparison
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Returns By Period
In the year-to-date period, GABGX achieves a 5.38% return, which is significantly lower than GGGIX's 5.90% return. Over the past 10 years, GABGX has outperformed GGGIX with an annualized return of 16.10%, while GGGIX has yielded a comparatively lower 13.50% annualized return.
GABGX
- 1D
- 2.60%
- 1M
- 3.04%
- 6M
- 8.49%
- YTD
- 5.38%
- 1Y
- 9.77%
- 3Y*
- 23.18%
- 5Y*
- 9.77%
- 10Y*
- 16.10%
- ALL TIME*
- 11.29%
GGGIX
- 1D
- 1.87%
- 1M
- 1.49%
- 6M
- 7.78%
- YTD
- 5.90%
- 1Y
- 9.50%
- 3Y*
- 19.03%
- 5Y*
- 6.63%
- 10Y*
- 13.50%
- ALL TIME*
- 12.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
GABGX Gabelli Growth Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
GABGX vs. GGGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GABGX Gabelli Growth Fund | 5.38% | 18.67% | 35.38% | 45.39% | -39.04% | 22.48% | 39.11% | 34.19% | 1.89% | 29.51% |
GGGIX Gabelli Global Growth Fund Class I | 5.90% | 13.90% | 29.68% | 34.48% | -37.43% | 21.09% | 35.41% | 31.07% | -2.31% | 29.85% |
Correlation
The correlation between GABGX and GGGIX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009 | 0.96 |
The correlation between GABGX and GGGIX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
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Return for Risk
GABGX vs. GGGIX — Risk / Return Rank
GABGX
GGGIX
GABGX vs. GGGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Growth Fund (GABGX) and Gabelli Global Growth Fund Class I (GGGIX). 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.
| GABGX | GGGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.14 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.72 | 0.90 | -0.18 |
| Martin ratioReturn relative to average drawdown | 2.27 | 3.41 | -1.14 |
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Drawdowns
GABGX vs. GGGIX - Drawdown Comparison
The maximum GABGX drawdown since its inception was -66.39%, which is greater than GGGIX's maximum drawdown of -43.91%. Use the drawdown chart below to compare losses from any high point for GABGX and GGGIX.
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Drawdown Indicators
| GABGX | GGGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.39% | -43.91% | -22.48% |
Max Drawdown (1Y)Largest decline over 1 year | -16.53% | -12.46% | -4.07% |
Max Drawdown (3Y)Largest decline over 3 years | -22.39% | -18.66% | -3.73% |
Max Drawdown (5Y)Largest decline over 5 years | -42.36% | -43.91% | +1.55% |
Max Drawdown (10Y)Largest decline over 10 years | -42.36% | -43.91% | +1.55% |
Current DrawdownCurrent decline from peak | -1.56% | 0.00% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -16.64% | -7.31% | -9.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.21% | 3.27% | +1.94% |
Volatility
GABGX vs. GGGIX - Volatility Comparison
Gabelli Growth Fund (GABGX) has a higher volatility of 6.41% compared to Gabelli Global Growth Fund Class I (GGGIX) at 4.83%. This indicates that GABGX's price experiences larger fluctuations and is considered to be riskier than GGGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GABGX | GGGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 4.83% | +1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.28% | 12.25% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.37% | 14.64% | +2.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.71% | 22.23% | +1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.63% | 20.75% | +1.88% |
GABGX vs. GGGIX - Expense Ratio Comparison
GABGX has a 1.34% expense ratio, which is higher than GGGIX's 0.90% expense ratio.
Dividends
GABGX vs. GGGIX - Dividend Comparison
GABGX's dividend yield for the trailing twelve months is around 5.21%, less than GGGIX's 13.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABGX Gabelli Growth Fund | 5.21% | 5.49% | 6.27% | 1.66% | 0.00% | 5.03% | 7.02% | 11.48% | 5.66% | 6.28% | 5.17% | 8.19% |
GGGIX Gabelli Global Growth Fund Class I | 13.05% | 13.82% | 2.41% | 0.29% | 0.18% | 4.10% | 2.31% | 9.87% | 8.25% | 3.11% | 7.83% | 6.39% |
Frequently Asked Questions
With a correlation of 0.96, GABGX and GGGIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
GABGX has higher volatility (6.41%) compared to GGGIX (4.83%). In terms of maximum drawdown, GABGX dropped -66.39% vs GGGIX's -43.91%.
GGGIX currently has the higher Sharpe Ratio (0.77 vs 0.68), 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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