GBAB vs. TEAF
Compare and contrast key facts about Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) and Ecofin Sustainable and Social Impact Term Fund (TEAF).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBAB or TEAF.
Key characteristics
| GBAB | TEAF | |
|---|---|---|
| YTD Return | 6.45% | 15.04% |
| 1Y Return | 13.07% | 12.66% |
| 3Y Return (Ann) | -4.30% | 2.22% |
| 5Y Return (Ann) | 0.05% | 1.96% |
| Sharpe Ratio | 0.98 | 1.47 |
| Sortino Ratio | 1.54 | 2.10 |
| Omega Ratio | 1.17 | 1.27 |
| Calmar Ratio | 0.49 | 0.76 |
| Martin Ratio | 2.84 | 5.63 |
| Ulcer Index | 4.59% | 2.65% |
| Daily Std Dev | 13.32% | 10.15% |
| Max Drawdown | -35.81% | -62.11% |
| Current Drawdown | -17.33% | -5.37% |
Fundamentals
| GBAB | TEAF |
|---|
Correlation
The correlation between GBAB and TEAF is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GBAB vs. TEAF - Performance Comparison
In the year-to-date period, GBAB achieves a 6.45% return, which is significantly lower than TEAF's 15.04% 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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Risk-Adjusted Performance
GBAB vs. TEAF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) and Ecofin Sustainable and Social Impact Term Fund (TEAF). 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
GBAB vs. TEAF - Dividend Comparison
GBAB's dividend yield for the trailing twelve months is around 9.46%, more than TEAF's 8.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust | 9.46% | 9.34% | 9.24% | 6.37% | 5.93% | 6.39% | 6.89% | 6.65% | 7.51% | 7.77% | 7.47% | 8.31% |
TEAF Ecofin Sustainable and Social Impact Term Fund | 8.65% | 9.22% | 8.25% | 6.18% | 8.19% | 5.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GBAB vs. TEAF - Drawdown Comparison
The maximum GBAB drawdown since its inception was -35.81%, smaller than the maximum TEAF drawdown of -62.11%. Use the drawdown chart below to compare losses from any high point for GBAB and TEAF. For additional features, visit the drawdowns tool.
Volatility
GBAB vs. TEAF - Volatility Comparison
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) has a higher volatility of 3.44% compared to Ecofin Sustainable and Social Impact Term Fund (TEAF) at 3.07%. This indicates that GBAB's price experiences larger fluctuations and is considered to be riskier than TEAF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GBAB vs. TEAF - Financials Comparison
This section allows you to compare key financial metrics between Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust and Ecofin Sustainable and Social Impact Term Fund. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities