GGTL vs. IWFH

Last updated Jun 6, 2026

GGTL (Gabelli Global Technology Leaders ETF) and IWFH (iShares Virtual Work and Life Multisector ETF) are both Technology Equities funds. GGTL is actively managed, while IWFH is passively managed. A 0.55 correlation means they provide meaningful diversification when combined. GGTL charges 0.90%/yr vs 0.47%/yr for IWFH.

Performance

GGTL vs. IWFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Technology Leaders ETF (GGTL) and iShares Virtual Work and Life Multisector ETF (IWFH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GGTL

• 1D: -5.78%
• 1M: 5.30%
• YTD: 21.20%
• 6M: 21.08%
• 1Y: 40.24%
• 3Y*: 21.07%
• 5Y*: —
• 10Y*: —

IWFH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GGTL vs. IWFH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GGTL Gabelli Global Technology Leaders ETF	21.20%	19.78%	11.07%	18.17%	-15.92%
IWFH iShares Virtual Work and Life Multisector ETF	0.00%	0.00%	-7.41%	17.42%	-35.25%

Correlation

The correlation between GGTL and IWFH is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since Jan 6, 2022	0.55

The correlation between GGTL and IWFH shifts across timeframes, from 0.37 (3 years) to 0.55 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GGTL vs. IWFH — Risk / Return Rank

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

GGTL

GGTL Risk / Return Rank: 80
GGTL Sharpe Ratio Rank: 78
GGTL Sortino Ratio Rank: 75
GGTL Omega Ratio Rank: 78
GGTL Calmar Ratio Rank: 86
GGTL Martin Ratio Rank: 85

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.

GGTL vs. IWFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Technology Leaders ETF (GGTL) and iShares Virtual Work and Life Multisector ETF (IWFH). 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.

	GGTL	IWFH	Difference
Sharpe ratio: Return per unit of total volatility	2.27	—	—
Sortino ratio: Return per unit of downside risk	3.00	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	4.40	—	—
Martin ratio: Return relative to average drawdown	16.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GGTL	IWFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	—	—

Drawdowns

Drawdown Indicators

	GGTL	IWFH	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.20%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.46%	—	—
Current Drawdown Current decline from peak	-6.04%	—	—
Average Drawdown Average peak-to-trough decline	-7.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	GGTL	IWFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.83%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	—	—

GGTL vs. IWFH - Expense Ratio Comparison

GGTL has a 0.90% expense ratio, which is higher than IWFH's 0.47% expense ratio.

Dividends

GGTL vs. IWFH - Dividend Comparison

GGTL's dividend yield for the trailing twelve months is around 0.86%, while IWFH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
GGTL Gabelli Global Technology Leaders ETF	0.86%	1.04%	0.75%	0.84%	0.78%	0.00%	0.00%
IWFH iShares Virtual Work and Life Multisector ETF	0.00%	0.00%	0.05%	1.83%	0.31%	0.00%	0.18%

Frequently Asked Questions

Can I hold both GGTL and IWFH in my portfolio?

GGTL and IWFH have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GGTL or IWFH?

On fees, IWFH is cheaper at 0.47% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GGTL or IWFH?

IWFH is cheaper with a 0.47% expense ratio, compared with 0.90% for GGTL.

Which ETF pays a higher dividend yield, GGTL or IWFH?

GGTL has the higher dividend yield at 0.86%, compared with 0.00% for IWFH.

What is the main difference between GGTL and IWFH?

They also come from different issuers: Gabelli and iShares. Their fees differ too: 0.90% for GGTL and 0.47% for IWFH.