GCV vs. CHI
Compare and contrast key facts about The Gabelli Convertible and Income Securities Fund Inc (GCV) and Calamos Convertible Opportunities and Income Fund (CHI).
GCV is managed by Gabelli Funds. It was launched on Jul 3, 1989. CHI is an actively managed fund by Calamos. It was launched on Jun 25, 1997.
Performance
GCV vs. CHI - Performance Comparison
Loading graphics...
GCV vs. CHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GCV The Gabelli Convertible and Income Securities Fund Inc | 6.04% | 22.86% | 19.93% | -15.58% | -23.95% | 19.99% | 16.97% | 45.72% | -19.03% | 37.30% |
CHI Calamos Convertible Opportunities and Income Fund | 4.22% | -2.15% | 27.23% | 9.49% | -23.31% | 20.31% | 33.82% | 35.66% | -12.67% | 22.70% |
Returns By Period
In the year-to-date period, GCV achieves a 6.04% return, which is significantly higher than CHI's 4.22% return. Over the past 10 years, GCV has underperformed CHI with an annualized return of 9.54%, while CHI has yielded a comparatively higher 11.58% annualized return.
GCV
- 1D
- 2.39%
- 1M
- -1.33%
- YTD
- 6.04%
- 6M
- 9.63%
- 1Y
- 28.78%
- 3Y*
- 11.57%
- 5Y*
- 3.68%
- 10Y*
- 9.54%
CHI
- 1D
- 3.77%
- 1M
- -5.81%
- YTD
- 4.22%
- 6M
- 4.83%
- 1Y
- 22.79%
- 3Y*
- 11.78%
- 5Y*
- 4.03%
- 10Y*
- 11.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GCV vs. CHI - Expense Ratio Comparison
GCV has a 0.01% expense ratio, which is lower than CHI's 0.88% expense ratio.
Return for Risk
GCV vs. CHI — Risk / Return Rank
GCV
CHI
GCV vs. CHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gabelli Convertible and Income Securities Fund Inc (GCV) and Calamos Convertible Opportunities and Income Fund (CHI). 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.
| GCV | CHI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 1.26 | +0.23 |
Sortino ratioReturn per unit of downside risk | 2.03 | 1.87 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.26 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.88 | +0.10 |
Martin ratioReturn relative to average drawdown | 8.62 | 7.45 | +1.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GCV | CHI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 1.26 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.20 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.50 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.38 | -0.21 |
Correlation
The correlation between GCV and CHI is 0.32, 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.
Dividends
GCV vs. CHI - Dividend Comparison
GCV's dividend yield for the trailing twelve months is around 11.21%, more than CHI's 10.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCV The Gabelli Convertible and Income Securities Fund Inc | 11.21% | 11.57% | 12.60% | 13.33% | 10.00% | 8.14% | 7.68% | 8.21% | 10.93% | 8.14% | 8.72% | 10.04% |
CHI Calamos Convertible Opportunities and Income Fund | 10.61% | 10.88% | 9.55% | 11.00% | 10.85% | 7.54% | 6.75% | 8.49% | 12.19% | 10.19% | 11.30% | 11.50% |
Drawdowns
GCV vs. CHI - Drawdown Comparison
The maximum GCV drawdown since its inception was -55.67%, smaller than the maximum CHI drawdown of -64.72%. Use the drawdown chart below to compare losses from any high point for GCV and CHI.
Loading graphics...
Drawdown Indicators
| GCV | CHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.67% | -64.72% | +9.05% |
Max Drawdown (1Y)Largest decline over 1 year | -13.47% | -11.55% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -45.90% | -36.03% | -9.87% |
Max Drawdown (10Y)Largest decline over 10 years | -45.90% | -49.64% | +3.74% |
Current DrawdownCurrent decline from peak | -3.82% | -7.34% | +3.52% |
Average DrawdownAverage peak-to-trough decline | -12.63% | -9.73% | -2.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 2.91% | +0.17% |
Volatility
GCV vs. CHI - Volatility Comparison
The Gabelli Convertible and Income Securities Fund Inc (GCV) and Calamos Convertible Opportunities and Income Fund (CHI) have volatilities of 7.83% and 7.85%, 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.
Loading graphics...
Volatility by Period
| GCV | CHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.83% | 7.85% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 12.52% | 13.49% | -0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.38% | 19.79% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.18% | 19.97% | +1.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.49% | 23.07% | +0.42% |