GGRW vs. FTEC

In the year-to-date period, GGRW achieves a 5.73% return, which is significantly higher than FTEC's -2.27% return.

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GGRW has a 0.90% expense ratio, which is higher than FTEC's 0.08% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Gabelli Growth Innovators ETF (GGRW) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.

The current GGRW Sharpe Ratio is 0.83, which is higher than the FTEC Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of GGRW and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

GGRW has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.50%.

The maximum GGRW drawdown since its inception was -50.28%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for GGRW and FTEC.

The current volatility for Gabelli Growth Innovators ETF (GGRW) is 4.44%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 6.73%. This indicates that GGRW experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.