GABGX vs. GICPX
Compare and contrast key facts about Gabelli Growth Fund (GABGX) and Gabelli Global Growth Fund (GICPX).
GABGX is managed by Gabelli. It was launched on Apr 10, 1987. GICPX is managed by Gabelli. It was launched on Feb 6, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABGX or GICPX.
Key characteristics
| GABGX | GICPX | |
|---|---|---|
| YTD Return | 25.79% | 24.51% |
| 1Y Return | 38.10% | 37.57% |
| 3Y Return (Ann) | 5.27% | 1.98% |
| 5Y Return (Ann) | 15.46% | 13.06% |
| 10Y Return (Ann) | 14.11% | 10.84% |
| Sharpe Ratio | 2.05 | 2.24 |
| Daily Std Dev | 18.68% | 16.72% |
| Max Drawdown | -69.52% | -74.90% |
| Current Drawdown | -4.55% | -2.46% |
Correlation
The correlation between GABGX and GICPX is 0.86, 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
GABGX vs. GICPX - Performance Comparison
The year-to-date returns for both stocks are quite close, with GABGX having a 25.79% return and GICPX slightly lower at 24.51%. Over the past 10 years, GABGX has outperformed GICPX with an annualized return of 14.11%, while GICPX has yielded a comparatively lower 10.84% 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. GICPX - Expense Ratio Comparison
GABGX has a 1.34% expense ratio, which is higher than GICPX's 0.90% expense ratio.
Risk-Adjusted Performance
GABGX vs. GICPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Growth Fund (GABGX) and Gabelli Global Growth Fund (GICPX). 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. GICPX - Dividend Comparison
GABGX's dividend yield for the trailing twelve months is around 1.32%, more than GICPX's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABGX Gabelli Growth Fund | 1.32% | 1.66% | 0.00% | 5.03% | 7.02% | 11.48% | 5.66% | 6.28% | 5.17% | 8.19% | 4.67% | 0.03% |
GICPX Gabelli Global Growth Fund | 0.24% | 0.30% | 0.18% | 4.21% | 2.37% | 10.11% | 8.42% | 3.16% | 7.08% | 5.73% | 7.05% | 9.36% |
Drawdowns
GABGX vs. GICPX - Drawdown Comparison
The maximum GABGX drawdown since its inception was -69.52%, smaller than the maximum GICPX drawdown of -74.90%. Use the drawdown chart below to compare losses from any high point for GABGX and GICPX. For additional features, visit the drawdowns tool.
Volatility
GABGX vs. GICPX - Volatility Comparison
Gabelli Growth Fund (GABGX) has a higher volatility of 5.65% compared to Gabelli Global Growth Fund (GICPX) at 4.75%. This indicates that GABGX's price experiences larger fluctuations and is considered to be riskier than GICPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.