GGGIX vs. GICPX

Last updated Apr 1, 2026

Compare and contrast key facts about Gabelli Global Growth Fund Class I (GGGIX) and Gabelli Global Growth Fund (GICPX).

GGGIX is an actively managed fund by Gabelli. It was launched on Feb 7, 1994. GICPX is managed by Gabelli. It was launched on Feb 6, 1994.

Performance

GGGIX vs. GICPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Growth Fund Class I (GGGIX) and Gabelli Global Growth Fund (GICPX). The values are adjusted to include any dividend payments, if applicable.

GGGIX vs. GICPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGGIX Gabelli Global Growth Fund Class I	-10.61%	13.90%	29.68%	34.48%	-37.43%	21.09%	35.41%	31.07%	-2.31%	29.85%
GICPX Gabelli Global Growth Fund	-10.61%	13.90%	26.70%	34.47%	-37.45%	21.09%	35.45%	30.76%	-2.73%	29.02%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with GGGIX at -10.61% and GICPX at -10.61%. Both investments have delivered pretty close results over the past 10 years, with GGGIX having a 12.09% annualized return and GICPX not far behind at 11.62%.

GGGIX

• 1D: -0.52%
• 1M: -9.84%
• YTD: -10.61%
• 6M: -9.78%
• 1Y: 6.97%
• 3Y*: 15.12%
• 5Y*: 6.84%
• 10Y*: 12.09%

GICPX

• 1D: -0.52%
• 1M: -9.85%
• YTD: -10.61%
• 6M: -9.77%
• 1Y: 6.96%
• 3Y*: 14.23%
• 5Y*: 6.34%
• 10Y*: 11.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GGGIX vs. GICPX - Expense Ratio Comparison

Both GGGIX and GICPX have an expense ratio of 0.90%.

GGGIX

Gabelli Global Growth Fund Class I

GICPX

Gabelli Global Growth Fund

Return for Risk

GGGIX vs. GICPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GGGIX

GGGIX Risk / Return Rank: 15
GGGIX Sharpe Ratio Rank: 15
GGGIX Sortino Ratio Rank: 16
GGGIX Omega Ratio Rank: 15
GGGIX Calmar Ratio Rank: 13
GGGIX Martin Ratio Rank: 14

GICPX

GICPX Risk / Return Rank: 15
GICPX Sharpe Ratio Rank: 16
GICPX Sortino Ratio Rank: 16
GICPX Omega Ratio Rank: 15
GICPX Calmar Ratio Rank: 13
GICPX Martin Ratio Rank: 15

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.

GGGIX vs. GICPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Growth Fund Class I (GGGIX) and Gabelli Global Growth Fund (GICPX). 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.

	GGGIX	GICPX	Difference
Sharpe ratio Return per unit of total volatility	0.42	0.42	0.00
Sortino ratio Return per unit of downside risk	0.73	0.73	0.00
Omega ratio Gain probability vs. loss probability	1.10	1.10	0.00
Calmar ratio Return relative to maximum drawdown	0.35	0.35	0.00
Martin ratio Return relative to average drawdown	1.37	1.37	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGGIX vs. GICPX - Sharpe Ratio Comparison

The current GGGIX Sharpe Ratio is 0.42, which is comparable to the GICPX Sharpe Ratio of 0.42. The chart below compares the historical Sharpe Ratios of GGGIX and GICPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GGGIX	GICPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	0.42	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.29	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.56	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.47	+0.11

Correlation

The correlation between GGGIX and GICPX is 1.00, 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.

Dividends

GGGIX vs. GICPX - Dividend Comparison

GGGIX's dividend yield for the trailing twelve months is around 15.46%, which matches GICPX's 15.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGGIX Gabelli Global Growth Fund Class I	15.46%	13.82%	2.41%	0.29%	0.18%	4.10%	2.31%	9.87%	8.25%	3.11%	7.83%	6.39%
GICPX Gabelli Global Growth Fund	15.50%	13.85%	0.00%	0.30%	0.18%	4.21%	2.37%	10.11%	8.42%	3.16%	7.08%	5.73%

Drawdowns

GGGIX vs. GICPX - Drawdown Comparison

The maximum GGGIX drawdown since its inception was -43.91%, smaller than the maximum GICPX drawdown of -72.92%. Use the drawdown chart below to compare losses from any high point for GGGIX and GICPX.

Drawdown Indicators

	GGGIX	GICPX	Difference
Max Drawdown Largest peak-to-trough decline	-43.91%	-72.92%	+29.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.46%	-12.45%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-43.91%	-43.93%	+0.02%
Max Drawdown (10Y) Largest decline over 10 years	-43.91%	-43.93%	+0.02%
Current Drawdown Current decline from peak	-12.46%	-12.45%	-0.01%
Average Drawdown Average peak-to-trough decline	-7.41%	-22.23%	+14.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	3.14%	+0.01%

Volatility

GGGIX vs. GICPX - Volatility Comparison

Gabelli Global Growth Fund Class I (GGGIX) and Gabelli Global Growth Fund (GICPX) have volatilities of 5.04% and 5.05%, 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.

Volatility by Period

	GGGIX	GICPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.04%	5.05%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	9.76%	-0.03%
Volatility (1Y) Calculated over the trailing 1-year period	16.81%	16.82%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.14%	22.19%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.68%	20.70%	-0.02%