PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
GFSIX vs. WFSPX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GFSIX vs. WFSPX

Last updated Jun 4, 2026

GFSIX (Gabelli Global Financial Services Fund) and WFSPX (iShares S&P 500 Index Fund) are both mutual funds - GFSIX is a Financials Equities fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, GFSIX returned 15.77%/yr vs 14.24%/yr for WFSPX. A 0.64 correlation means they provide meaningful diversification when combined. GFSIX charges 1.00%/yr vs 0.03%/yr for WFSPX.

Performance

GFSIX vs. WFSPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Financial Services Fund (GFSIX) and iShares S&P 500 Index Fund (WFSPX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, GFSIX achieves a 5.16% return, which is significantly lower than WFSPX's 11.69% return.

GFSIX

1D
0.82%
1M
2.59%
YTD
5.16%
6M
9.67%
1Y
29.66%
3Y*
28.65%
5Y*
15.77%
10Y*
—

WFSPX

1D
0.13%
1M
5.80%
YTD
11.69%
6M
11.72%
1Y
28.93%
3Y*
22.71%
5Y*
14.24%
10Y*
15.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GFSIX vs. WFSPX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
GFSIX
Gabelli Global Financial Services Fund		5.16%36.58%28.17%25.77%-11.12%29.11%-1.28%9.12%0.39%
WFSPX
iShares S&P 500 Index Fund		11.69%17.83%24.94%26.25%-18.14%28.63%18.43%31.45%-13.78%

Correlation

The correlation between GFSIX and WFSPX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.62

Correlation (3Y)
Calculated over the trailing 3-year period

0.60

Correlation (5Y)
Calculated over the trailing 5-year period

0.66

Correlation (All Time)
Calculated using the full available price history since Oct 3, 2018

0.64

The correlation between GFSIX and WFSPX has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Gabelli Global Financial Services Fund

iShares S&P 500 Index Fund

Often compared with GFSIX:
GFSIX vs. VOOGFSIX vs. XLVGFSIX vs. MSGFSIX vs. FTRIXGFSIX vs. FLCSXGFSIX vs. DRGTXGFSIX vs. AQGIX
Often compared with WFSPX:
WFSPX vs. JLGMXWFSPX vs. VOOWFSPX vs. FSPGXWFSPX vs. FXAIXWFSPX vs. BRMKXWFSPX vs. IVVWFSPX vs. APGYX

Return for Risk

GFSIX vs. WFSPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GFSIX
GFSIX Risk / Return Rank: 6464
Overall Rank
GFSIX Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
GFSIX Sortino Ratio Rank: 7272
Sortino Ratio Rank
GFSIX Omega Ratio Rank: 5858
Omega Ratio Rank
GFSIX Calmar Ratio Rank: 6969
Calmar Ratio Rank
GFSIX Martin Ratio Rank: 5151
Martin Ratio Rank
WFSPX
WFSPX Risk / Return Rank: 7373
Overall Rank
WFSPX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
WFSPX Sortino Ratio Rank: 6767
Sortino Ratio Rank
WFSPX Omega Ratio Rank: 6767
Omega Ratio Rank
WFSPX Calmar Ratio Rank: 7474
Calmar Ratio Rank
WFSPX Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GFSIX vs. WFSPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Financial Services Fund (GFSIX) and iShares S&P 500 Index Fund (WFSPX). 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.

GFSIXWFSPXDifference
Sharpe ratioReturn per unit of total volatility
2.39
2.52

-0.13

Sortino ratioReturn per unit of downside risk
3.54
3.42

+0.12

Omega ratioGain probability vs. loss probability

1.42

1.46

-0.03

Calmar ratioReturn relative to maximum drawdown

3.22

3.35

-0.13

Martin ratioReturn relative to average drawdown

10.49

15.65

-5.16

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GFSIX vs. WFSPX - Sharpe Ratio Comparison

The current GFSIX Sharpe Ratio is 2.39, which is comparable to the WFSPX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of GFSIX and WFSPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

GFSIXWFSPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.39

2.52

-0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.91

0.85

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

0.13

+0.55

Drawdowns

GFSIX vs. WFSPX - Drawdown Comparison

The maximum GFSIX drawdown since its inception was -46.39%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for GFSIX and WFSPX.

Loading charts...

Drawdown Indicators

GFSIXWFSPXDifference

Max Drawdown

Largest peak-to-trough decline

-46.39%

-58.21%

+11.82%

Max Drawdown (1Y)

Largest decline over 1 year

-9.42%

-8.90%

-0.52%

Max Drawdown (3Y)

Largest decline over 3 years

-14.49%

-18.74%

+4.25%

Max Drawdown (5Y)

Largest decline over 5 years

-28.07%

-24.51%

-3.56%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.74%

—

Current Drawdown

Current decline from peak

-0.98%

0.00%

-0.98%

Average Drawdown

Average peak-to-trough decline

-7.60%

-12.77%

+5.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

1.90%

+0.98%

Volatility

GFSIX vs. WFSPX - Volatility Comparison

Gabelli Global Financial Services Fund (GFSIX) has a higher volatility of 3.56% compared to iShares S&P 500 Index Fund (WFSPX) at 2.82%. This indicates that GFSIX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

GFSIXWFSPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.56%

2.82%

+0.74%

Volatility (6M)

Calculated over the trailing 6-month period

9.44%

8.97%

+0.47%

Volatility (1Y)

Calculated over the trailing 1-year period

12.68%

11.85%

+0.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.41%

16.88%

+0.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.78%

18.02%

+3.76%

GFSIX vs. WFSPX - Expense Ratio Comparison

GFSIX has a 1.00% expense ratio, which is higher than WFSPX's 0.03% expense ratio.

Dividends

GFSIX vs. WFSPX - Dividend Comparison

GFSIX's dividend yield for the trailing twelve months is around 1.76%, more than WFSPX's 1.56% yield.

PositionTTM20252024202320222021202020192018201720162015
GFSIX
Gabelli Global Financial Services Fund		1.76%1.85%2.44%2.68%2.96%2.11%1.58%2.69%0.39%0.00%0.00%0.00%
WFSPX
iShares S&P 500 Index Fund		1.56%1.72%1.41%1.50%2.02%1.82%1.66%1.99%2.00%1.62%2.37%2.49%

Frequently Asked Questions

GFSIX and WFSPX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

GFSIX has higher volatility (3.56%) compared to WFSPX (2.82%). In terms of maximum drawdown, GFSIX dropped -46.39% vs WFSPX's -58.21%.

WFSPX currently has the higher Sharpe Ratio (2.52 vs 2.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for GFSIX and WFSPX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer