GABUX vs. GABEX
GABUX (Gabelli Utilities Fund) and GABEX (Gabelli Equity Income Fund) are both mutual funds - GABUX is a Utilities Equities fund managed by Gabelli, while GABEX is a Dividend fund managed by Gabelli. Over the past 10 years, GABUX returned 6.02%/yr vs 12.01%/yr for GABEX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. GABUX charges 1.39%/yr vs 1.42%/yr for GABEX.
Performance
GABUX vs. GABEX - Performance Comparison
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Returns By Period
In the year-to-date period, GABUX achieves a 8.59% return, which is significantly lower than GABEX's 12.17% return. Over the past 10 years, GABUX has underperformed GABEX with an annualized return of 6.02%, while GABEX has yielded a comparatively higher 12.01% annualized return.
GABUX
- 1D
- -0.42%
- 1M
- -1.46%
- 6M
- 3.46%
- YTD
- 8.59%
- 1Y
- 12.80%
- 3Y*
- 11.33%
- 5Y*
- 6.42%
- 10Y*
- 6.02%
- ALL TIME*
- 6.00%
GABEX
- 1D
- 1.17%
- 1M
- 2.12%
- 6M
- 6.72%
- YTD
- 12.17%
- 1Y
- 8.48%
- 3Y*
- 8.11%
- 5Y*
- 6.03%
- 10Y*
- 12.01%
- ALL TIME*
- 10.57%
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 |
GABUX vs. GABEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GABUX Gabelli Utilities Fund | 8.59% | 16.86% | 14.38% | -6.59% | -5.40% | 17.44% | -3.45% | 18.37% | -2.83% | 8.24% |
GABEX Gabelli Equity Income Fund | 12.17% | 4.33% | 6.62% | 8.25% | -5.22% | 23.28% | 7.54% | 75.11% | -11.37% | 15.16% |
Correlation
The correlation between GABUX and GABEX is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 1999 | 0.73 |
Over the past year, the correlation between GABUX and GABEX has dropped to 0.47 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.
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Return for Risk
GABUX vs. GABEX — Risk / Return Rank
GABUX
GABEX
GABUX vs. GABEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Utilities Fund (GABUX) and Gabelli Equity Income Fund (GABEX). 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.
| GABUX | GABEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 0.51 | +1.32 |
| Martin ratioReturn relative to average drawdown | 4.92 | 1.10 | +3.83 |
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Drawdowns
GABUX vs. GABEX - Drawdown Comparison
The maximum GABUX drawdown since its inception was -48.88%, smaller than the maximum GABEX drawdown of -52.25%. Use the drawdown chart below to compare losses from any high point for GABUX and GABEX.
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Drawdown Indicators
| GABUX | GABEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.88% | -52.25% | +3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -13.11% | +5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -12.96% | -14.75% | +1.79% |
Max Drawdown (5Y)Largest decline over 5 years | -23.98% | -17.59% | -6.39% |
Max Drawdown (10Y)Largest decline over 10 years | -33.64% | -37.27% | +3.63% |
Current DrawdownCurrent decline from peak | -4.45% | -0.38% | -4.07% |
Average DrawdownAverage peak-to-trough decline | -12.10% | -5.14% | -6.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 6.09% | -3.44% |
Volatility
GABUX vs. GABEX - Volatility Comparison
Gabelli Utilities Fund (GABUX) has a higher volatility of 4.12% compared to Gabelli Equity Income Fund (GABEX) at 3.23%. This indicates that GABUX's price experiences larger fluctuations and is considered to be riskier than GABEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GABUX | GABEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 3.23% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 9.00% | 9.27% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.03% | 15.18% | -4.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 15.19% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.29% | 21.27% | -4.98% |
GABUX vs. GABEX - Expense Ratio Comparison
GABUX has a 1.39% expense ratio, which is lower than GABEX's 1.42% expense ratio.
Dividends
GABUX vs. GABEX - Dividend Comparison
GABUX's dividend yield for the trailing twelve months is around 18.62%, less than GABEX's 21.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABEX Gabelli Equity Income Fund | 21.19% | 20.83% | 33.06% | 23.48% | 20.49% | 19.96% | 32.82% | 65.43% | 31.87% | 17.83% | 16.63% | 7.78% |
GABUX Gabelli Utilities Fund | 18.62% | 18.27% | 22.50% | 16.89% | 13.44% | 11.03% | 11.58% | 9.31% | 9.50% | 8.45% | 9.49% | 9.66% |
Frequently Asked Questions
GABUX and GABEX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABUX has higher volatility (4.12%) compared to GABEX (3.23%). In terms of maximum drawdown, GABUX dropped -48.88% vs GABEX's -52.25%.
GABUX currently has the higher Sharpe Ratio (1.19 vs 0.44), 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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