Correlation
The correlation between GBUY and GABF is 0.78, 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.
GBUY vs. GABF
Compare and contrast key facts about Goldman Sachs Future Consumer Equity ETF (GBUY) and Gabelli Financial Services Opportunities ETF (GABF).
GBUY and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GBUY is a passively managed fund by Goldman Sachs that tracks the performance of the Motif New Age Consumer Index. It was launched on Nov 9, 2021. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBUY or GABF.
Performance
GBUY vs. GABF - Performance Comparison
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Key characteristics
GBUY:
0.48
GABF:
1.03
GBUY:
0.75
GABF:
1.43
GBUY:
1.10
GABF:
1.22
GBUY:
0.35
GABF:
1.13
GBUY:
1.54
GABF:
3.82
GBUY:
6.00%
GABF:
6.18%
GBUY:
21.78%
GABF:
24.25%
GBUY:
-46.58%
GABF:
-20.86%
GBUY:
-10.87%
GABF:
-6.74%
Returns By Period
In the year-to-date period, GBUY achieves a 0.15% return, which is significantly higher than GABF's -0.67% return.
GBUY
0.15%
5.58%
-0.42%
10.36%
9.69%
N/A
N/A
GABF
-0.67%
5.33%
-6.60%
23.94%
23.00%
N/A
N/A
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GBUY vs. GABF - Expense Ratio Comparison
GBUY has a 0.75% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
GBUY vs. GABF — Risk-Adjusted Performance Rank
GBUY
GABF
GBUY vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Consumer Equity ETF (GBUY) and Gabelli Financial Services Opportunities ETF (GABF). 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.
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Dividends
GBUY vs. GABF - Dividend Comparison
GBUY's dividend yield for the trailing twelve months is around 1.33%, less than GABF's 4.22% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
GBUY Goldman Sachs Future Consumer Equity ETF | 1.33% | 1.33% | 0.45% | 0.34% |
GABF Gabelli Financial Services Opportunities ETF | 4.22% | 4.19% | 4.95% | 1.31% |
Drawdowns
GBUY vs. GABF - Drawdown Comparison
The maximum GBUY drawdown since its inception was -46.58%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for GBUY and GABF.
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Volatility
GBUY vs. GABF - Volatility Comparison
The current volatility for Goldman Sachs Future Consumer Equity ETF (GBUY) is 4.25%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 5.30%. This indicates that GBUY experiences smaller price fluctuations and is considered to be less risky than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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