GABSX vs. GGMMX
GABSX (Gabelli Small Cap Growth Fund) and GGMMX (Gabelli Global Mini MitesTM Fund) are both mutual funds - GABSX is a Small Cap Blend Equities fund managed by Gabelli, while GGMMX is a Global Equities fund managed by Gabelli. Over the past 5 years, GABSX returned 9.67%/yr vs 8.64%/yr for GGMMX. Their correlation of 0.82 means they have usually moved in the same direction. GABSX charges 1.38%/yr vs 0.90%/yr for GGMMX.
Performance
GABSX vs. GGMMX - Performance Comparison
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Returns By Period
In the year-to-date period, GABSX achieves a 15.80% return, which is significantly lower than GGMMX's 19.08% return.
GABSX
- 1D
- 1.65%
- 1M
- 1.57%
- 6M
- 8.75%
- YTD
- 15.80%
- 1Y
- 22.76%
- 3Y*
- 13.51%
- 5Y*
- 9.67%
- 10Y*
- 10.68%
- ALL TIME*
- 11.31%
GGMMX
- 1D
- 1.48%
- 1M
- -0.36%
- 6M
- 11.77%
- YTD
- 19.08%
- 1Y
- 30.13%
- 3Y*
- 15.15%
- 5Y*
- 8.64%
- 10Y*
- —
- ALL TIME*
- 11.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GABSX vs. GGMMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GABSX Gabelli Small Cap Growth Fund | 15.80% | 8.65% | 10.22% | 21.45% | -12.63% | 24.82% | 13.63% | 8.69% |
GGMMX Gabelli Global Mini MitesTM Fund | 19.08% | 10.57% | 1.65% | 39.12% | -16.24% | 19.30% | 15.86% | 3.52% |
Correlation
The correlation between GABSX and GGMMX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since May 20, 2019 | 0.82 |
The correlation between GABSX and GGMMX has been stable across timeframes, ranging from 0.79 to 0.82 - a consistent structural relationship.
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Return for Risk
GABSX vs. GGMMX — Risk / Return Rank
GABSX
GGMMX
GABSX vs. GGMMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Small Cap Growth Fund (GABSX) and Gabelli Global Mini MitesTM Fund (GGMMX). 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.
| GABSX | GGMMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.08 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 3.98 | -1.84 |
| Martin ratioReturn relative to average drawdown | 7.02 | 13.13 | -6.11 |
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Drawdowns
GABSX vs. GGMMX - Drawdown Comparison
The maximum GABSX drawdown since its inception was -57.24%, which is greater than GGMMX's maximum drawdown of -40.23%. Use the drawdown chart below to compare losses from any high point for GABSX and GGMMX.
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Drawdown Indicators
| GABSX | GGMMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.24% | -40.23% | -17.01% |
Max Drawdown (1Y)Largest decline over 1 year | -11.45% | -8.11% | -3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -23.43% | -23.46% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -25.19% | -28.23% | +3.04% |
Max Drawdown (10Y)Largest decline over 10 years | -40.74% | — | — |
Current DrawdownCurrent decline from peak | -0.83% | -2.29% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -9.65% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.48% | 2.45% | +1.03% |
Volatility
GABSX vs. GGMMX - Volatility Comparison
Gabelli Small Cap Growth Fund (GABSX) has a higher volatility of 4.50% compared to Gabelli Global Mini MitesTM Fund (GGMMX) at 3.93%. This indicates that GABSX's price experiences larger fluctuations and is considered to be riskier than GGMMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GABSX | GGMMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 3.93% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 12.61% | 11.11% | +1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.81% | 14.20% | +2.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.10% | 17.83% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.99% | 19.95% | +0.04% |
GABSX vs. GGMMX - Expense Ratio Comparison
GABSX has a 1.38% expense ratio, which is higher than GGMMX's 0.90% expense ratio.
Dividends
GABSX vs. GGMMX - Dividend Comparison
GABSX's dividend yield for the trailing twelve months is around 3.44%, less than GGMMX's 5.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABSX Gabelli Small Cap Growth Fund | 3.44% | 3.98% | 6.61% | 8.68% | 9.53% | 13.50% | 22.21% | 21.36% | 4.70% | 5.38% | 3.87% | 3.78% |
GGMMX Gabelli Global Mini MitesTM Fund | 5.69% | 6.77% | 0.00% | 11.14% | 6.22% | 14.98% | 0.54% | 3.96% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GABSX and GGMMX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABSX has higher volatility (4.50%) compared to GGMMX (3.93%). In terms of maximum drawdown, GABSX dropped -57.24% vs GGMMX's -40.23%.
GGMMX currently has the higher Sharpe Ratio (2.28 vs 1.46), 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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