GABVX vs. SPY
Compare and contrast key facts about Gabelli Value 25 Fund (GABVX) and SPDR S&P 500 ETF (SPY).
GABVX is managed by Gabelli. It was launched on Sep 29, 1989. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABVX or SPY.
Key characteristics
| GABVX | SPY | |
|---|---|---|
| YTD Return | 10.40% | 18.86% |
| 1Y Return | 16.50% | 28.13% |
| 3Y Return (Ann) | 0.34% | 9.87% |
| 5Y Return (Ann) | 5.36% | 15.23% |
| 10Y Return (Ann) | 3.34% | 12.80% |
| Sharpe Ratio | 1.10 | 2.21 |
| Daily Std Dev | 14.63% | 12.60% |
| Max Drawdown | -63.09% | -55.19% |
| Current Drawdown | -5.96% | -0.61% |
Correlation
The correlation between GABVX and SPY is 0.81, 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
GABVX vs. SPY - Performance Comparison
In the year-to-date period, GABVX achieves a 10.40% return, which is significantly lower than SPY's 18.86% return. Over the past 10 years, GABVX has underperformed SPY with an annualized return of 3.34%, while SPY has yielded a comparatively higher 12.80% 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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GABVX vs. SPY - Expense Ratio Comparison
GABVX has a 1.43% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GABVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Value 25 Fund (GABVX) and SPDR S&P 500 ETF (SPY). 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
GABVX vs. SPY - Dividend Comparison
GABVX's dividend yield for the trailing twelve months is around 11.01%, more than SPY's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABVX Gabelli Value 25 Fund | 11.01% | 12.15% | 17.78% | 12.01% | 9.32% | 10.28% | 9.54% | 6.82% | 7.49% | 17.39% | 0.16% | 2.47% |
SPY SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GABVX vs. SPY - Drawdown Comparison
The maximum GABVX drawdown since its inception was -63.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GABVX and SPY. For additional features, visit the drawdowns tool.
Volatility
GABVX vs. SPY - Volatility Comparison
Gabelli Value 25 Fund (GABVX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.73% and 3.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.