GABUX vs. RDMIX

Last updated Jun 6, 2026

GABUX (Gabelli Utilities Fund) and RDMIX (Rational/ReSolve Adaptive Asset Allocation Fund) are both mutual funds - GABUX is a Utilities Equities fund managed by Gabelli, while RDMIX is a Macro Trading fund managed by Rational Funds. Over the past 10 years, GABUX returned 6.23%/yr vs 5.03%/yr for RDMIX. At a 0.11 correlation, their price movements are largely independent. GABUX charges 1.39%/yr vs 1.97%/yr for RDMIX.

Performance

GABUX vs. RDMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Utilities Fund (GABUX) and Rational/ReSolve Adaptive Asset Allocation Fund (RDMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GABUX achieves a 7.30% return, which is significantly lower than RDMIX's 13.89% return. Over the past 10 years, GABUX has outperformed RDMIX with an annualized return of 6.23%, while RDMIX has yielded a comparatively lower 5.03% annualized return.

GABUX

• 1D: 0.62%
• 1M: -2.61%
• YTD: 7.30%
• 6M: 6.96%
• 1Y: 16.52%
• 3Y*: 12.18%
• 5Y*: 6.17%
• 10Y*: 6.23%

RDMIX

• 1D: -0.12%
• 1M: 1.64%
• YTD: 13.89%
• 6M: 13.26%
• 1Y: 27.17%
• 3Y*: 9.92%
• 5Y*: 5.30%
• 10Y*: 5.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GABUX vs. RDMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GABUX Gabelli Utilities Fund	7.30%	16.86%	14.38%	-6.59%	-5.40%	17.44%	-3.45%	18.37%	-2.83%	8.24%
RDMIX Rational/ReSolve Adaptive Asset Allocation Fund	13.89%	5.07%	9.88%	-0.52%	-3.06%	11.18%	0.65%	18.24%	-7.65%	3.85%

Correlation

The correlation between GABUX and RDMIX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Sep 1, 1999	0.11

The correlation between GABUX and RDMIX shifts across timeframes, from 0.07 (3 years) to 0.21 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

GABUX vs. RDMIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GABUX

GABUX Risk / Return Rank: 35
GABUX Sharpe Ratio Rank: 33
GABUX Sortino Ratio Rank: 31
GABUX Omega Ratio Rank: 31
GABUX Calmar Ratio Rank: 41
GABUX Martin Ratio Rank: 37

RDMIX

RDMIX Risk / Return Rank: 75
RDMIX Sharpe Ratio Rank: 77
RDMIX Sortino Ratio Rank: 73
RDMIX Omega Ratio Rank: 70
RDMIX Calmar Ratio Rank: 90
RDMIX Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GABUX vs. RDMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Utilities Fund (GABUX) and Rational/ReSolve Adaptive Asset Allocation Fund (RDMIX). 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.

	GABUX	RDMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.50	-0.91
Sortino ratio: Return per unit of downside risk	2.21	3.49	-1.28
Omega ratio: Gain probability vs. loss probability	1.28	1.45	-0.18
Calmar ratio: Return relative to maximum drawdown	2.36	4.49	-2.13
Martin ratio: Return relative to average drawdown	7.84	12.49	-4.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GABUX vs. RDMIX - Sharpe Ratio Comparison

The current GABUX Sharpe Ratio is 1.58, which is lower than the RDMIX Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of GABUX and RDMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GABUX	RDMIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	2.50	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.48	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.46	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.71	-0.46

Drawdowns

GABUX vs. RDMIX - Drawdown Comparison

The maximum GABUX drawdown since its inception was -48.88%, which is greater than RDMIX's maximum drawdown of -31.57%. Use the drawdown chart below to compare losses from any high point for GABUX and RDMIX.

Drawdown Indicators

	GABUX	RDMIX	Difference
Max Drawdown Largest peak-to-trough decline	-48.88%	-31.57%	-17.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-6.10%	-1.04%
Max Drawdown (3Y) Largest decline over 3 years	-16.51%	-16.54%	+0.03%
Max Drawdown (5Y) Largest decline over 5 years	-23.98%	-19.96%	-4.02%
Max Drawdown (10Y) Largest decline over 10 years	-33.64%	-21.92%	-11.72%
Current Drawdown Current decline from peak	-5.58%	-0.12%	-5.46%
Average Drawdown Average peak-to-trough decline	-12.14%	-8.38%	-3.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	2.19%	-0.05%

Volatility

GABUX vs. RDMIX - Volatility Comparison

Gabelli Utilities Fund (GABUX) has a higher volatility of 3.84% compared to Rational/ReSolve Adaptive Asset Allocation Fund (RDMIX) at 2.38%. This indicates that GABUX's price experiences larger fluctuations and is considered to be riskier than RDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GABUX	RDMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	2.38%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	8.29%	7.62%	+0.67%
Volatility (1Y) Calculated over the trailing 1-year period	10.72%	10.95%	-0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.70%	11.15%	+3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.27%	11.30%	+4.97%

GABUX vs. RDMIX - Expense Ratio Comparison

GABUX has a 1.39% expense ratio, which is lower than RDMIX's 1.97% expense ratio.

Dividends

GABUX vs. RDMIX - Dividend Comparison

GABUX's dividend yield for the trailing twelve months is around 18.27%, more than RDMIX's 0.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GABUX Gabelli Utilities Fund	18.27%	18.27%	22.50%	16.89%	13.44%	11.03%	11.58%	9.31%	9.50%	8.45%	9.49%	9.66%
RDMIX Rational/ReSolve Adaptive Asset Allocation Fund	0.79%	0.90%	6.81%	10.63%	0.39%	16.40%	0.47%	15.46%	0.94%	0.07%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GABUX and RDMIX in my portfolio?

GABUX and RDMIX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GABUX or RDMIX?

GABUX has higher volatility (3.84%) compared to RDMIX (2.38%). In terms of maximum drawdown, GABUX dropped -48.88% vs RDMIX's -31.57%.

Which has better risk-adjusted returns?

RDMIX currently has the higher Sharpe Ratio (2.50 vs 1.58), 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.