Correlation
The correlation between GEMD and GABF is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
GEMD vs. GABF
Compare and contrast key facts about Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) and Gabelli Financial Services Opportunities ETF (GABF).
GEMD and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GEMD is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs Emerging Markets USD Bond Index - Benchmark TR Net. It was launched on Feb 15, 2022. 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: GEMD or GABF.
Performance
GEMD vs. GABF - Performance Comparison
Loading data...
Key characteristics
GEMD:
0.88
GABF:
1.03
GEMD:
1.29
GABF:
1.43
GEMD:
1.16
GABF:
1.22
GEMD:
0.77
GABF:
1.13
GEMD:
2.49
GABF:
3.82
GEMD:
2.47%
GABF:
6.18%
GEMD:
6.97%
GABF:
24.25%
GEMD:
-24.40%
GABF:
-20.86%
GEMD:
-1.78%
GABF:
-6.74%
Returns By Period
In the year-to-date period, GEMD achieves a 3.71% return, which is significantly higher than GABF's -0.67% return.
GEMD
3.71%
1.36%
1.02%
5.41%
3.71%
N/A
N/A
GABF
-0.67%
5.33%
-6.60%
23.94%
23.00%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GEMD vs. GABF - Expense Ratio Comparison
GEMD has a 0.39% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
GEMD vs. GABF — Risk-Adjusted Performance Rank
GEMD
GABF
GEMD vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) 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.
Loading data...
Dividends
GEMD vs. GABF - Dividend Comparison
GEMD's dividend yield for the trailing twelve months is around 6.49%, more than GABF's 4.22% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
GEMD Goldman Sachs Access Emerging Markets USD Bond ETF | 6.49% | 5.79% | 5.70% | 5.42% |
GABF Gabelli Financial Services Opportunities ETF | 4.22% | 4.19% | 4.95% | 1.31% |
Drawdowns
GEMD vs. GABF - Drawdown Comparison
The maximum GEMD drawdown since its inception was -24.40%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for GEMD and GABF.
Loading data...
Volatility
GEMD vs. GABF - Volatility Comparison
The current volatility for Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) is 1.64%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 5.30%. This indicates that GEMD 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.
Loading data...