GBHI vs. YLD
GBHI (Gabelli High Income ETF) and YLD (Principal Active High Yield ETF) are both High Yield Bonds funds. Both are actively managed. A 0.72 correlation means they provide meaningful diversification when combined. GBHI charges 0.55%/yr vs 0.39%/yr for YLD.
Performance
GBHI vs. YLD - Performance Comparison
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Returns By Period
In the year-to-date period, GBHI achieves a 2.60% return, which is significantly lower than YLD's 3.38% return.
GBHI
- 1D
- -0.02%
- 1M
- 0.55%
- 6M
- 2.03%
- YTD
- 2.60%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YLD
- 1D
- 0.00%
- 1M
- 0.32%
- 6M
- 2.62%
- YTD
- 3.38%
- 1Y
- 6.00%
- 3Y*
- 8.29%
- 5Y*
- 4.80%
- 10Y*
- 5.44%
GBHI vs. YLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GBHI Gabelli High Income ETF | 2.60% | 1.27% |
YLD Principal Active High Yield ETF | 3.38% | 1.39% |
Correlation
The correlation between GBHI and YLD is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.72 |
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Return for Risk
GBHI vs. YLD — Risk / Return Rank
GBHI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
YLD
GBHI vs. YLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli High Income ETF (GBHI) and Principal Active High Yield ETF (YLD). 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.
| GBHI | YLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.05 | — |
| Martin ratioReturn relative to average drawdown | — | 10.49 | — |
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Drawdowns
GBHI vs. YLD - Drawdown Comparison
The maximum GBHI drawdown since its inception was -2.12%, smaller than the maximum YLD drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for GBHI and YLD.
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Drawdown Indicators
| GBHI | YLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.12% | -28.34% | +26.22% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.34% | — |
Current DrawdownCurrent decline from peak | -0.08% | -0.11% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -0.25% | -2.67% | +2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.57% | — |
Volatility
GBHI vs. YLD - Volatility Comparison
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Volatility by Period
| GBHI | YLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.52% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.21% | 4.40% | -1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.21% | 6.40% | -3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.21% | 8.14% | -4.93% |
GBHI vs. YLD - Expense Ratio Comparison
GBHI has a 0.55% expense ratio, which is higher than YLD's 0.39% expense ratio.
Dividends
GBHI vs. YLD - Dividend Comparison
GBHI's dividend yield for the trailing twelve months is around 3.27%, less than YLD's 7.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBHI Gabelli High Income ETF | 3.27% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YLD Principal Active High Yield ETF | 7.27% | 7.33% | 7.12% | 6.46% | 6.51% | 3.92% | 4.40% | 4.81% | 5.42% | 6.28% | 4.47% | 2.56% |
Frequently Asked Questions
GBHI and YLD have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, YLD is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
YLD is cheaper with a 0.39% expense ratio, compared with 0.55% for GBHI.
YLD has the higher dividend yield at 7.27%, compared with 3.27% for GBHI.
They also come from different issuers: Gabelli and Principal. Their fees differ too: 0.55% for GBHI and 0.39% for YLD.
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