GGTL vs. VOX
GGTL (Gabelli Global Technology Leaders ETF) and VOX (Vanguard Communication Services ETF) are both Technology Equities funds. GGTL is actively managed, while VOX is passively managed. Over the past 3 years, GGTL returned 21.07%/yr vs 23.25%/yr for VOX. A 0.67 correlation means they provide meaningful diversification when combined. GGTL charges 0.90%/yr vs 0.10%/yr for VOX.
Performance
GGTL vs. VOX - Performance Comparison
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Returns By Period
In the year-to-date period, GGTL achieves a 21.20% return, which is significantly higher than VOX's -2.40% return.
GGTL
- 1D
- -5.78%
- 1M
- 5.30%
- YTD
- 21.20%
- 6M
- 21.08%
- 1Y
- 40.24%
- 3Y*
- 21.07%
- 5Y*
- —
- 10Y*
- —
VOX
- 1D
- -1.87%
- 1M
- -4.94%
- YTD
- -2.40%
- 6M
- -2.57%
- 1Y
- 18.07%
- 3Y*
- 23.25%
- 5Y*
- 7.36%
- 10Y*
- 9.00%
GGTL vs. VOX - 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% |
VOX Vanguard Communication Services ETF | -2.40% | 26.27% | 33.12% | 44.81% | -37.26% |
Correlation
The correlation between GGTL and VOX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jan 6, 2022 | 0.67 |
The correlation between GGTL and VOX shifts across timeframes, from 0.47 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GGTL vs. VOX — Risk / Return Rank
GGTL
VOX
GGTL vs. VOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Technology Leaders ETF (GGTL) and Vanguard Communication Services ETF (VOX). 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 | VOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.21 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.40 | 1.34 | +3.06 |
| Martin ratioReturn relative to average drawdown | 16.24 | 5.08 | +11.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GGTL | VOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.27 | 1.17 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.43 | +0.20 |
Drawdowns
GGTL vs. VOX - Drawdown Comparison
The maximum GGTL drawdown since its inception was -23.65%, smaller than the maximum VOX drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for GGTL and VOX.
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Drawdown Indicators
| GGTL | VOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.65% | -57.18% | +33.53% |
Max Drawdown (1Y)Largest decline over 1 year | -9.20% | -13.56% | +4.36% |
Max Drawdown (3Y)Largest decline over 3 years | -21.46% | -21.15% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.76% | — |
Current DrawdownCurrent decline from peak | -6.04% | -5.68% | -0.36% |
Average DrawdownAverage peak-to-trough decline | -7.43% | -11.91% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 3.56% | -1.08% |
Volatility
GGTL vs. VOX - Volatility Comparison
Gabelli Global Technology Leaders ETF (GGTL) has a higher volatility of 8.93% compared to Vanguard Communication Services ETF (VOX) at 4.36%. This indicates that GGTL's price experiences larger fluctuations and is considered to be riskier than VOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGTL | VOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.93% | 4.36% | +4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 14.90% | 11.34% | +3.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 15.56% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.89% | 21.16% | -3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.89% | 20.90% | -3.01% |
GGTL vs. VOX - Expense Ratio Comparison
GGTL has a 0.90% expense ratio, which is higher than VOX's 0.10% expense ratio.
Dividends
GGTL vs. VOX - Dividend Comparison
GGTL's dividend yield for the trailing twelve months is around 0.86%, less than VOX's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGTL Gabelli Global Technology Leaders ETF | 0.86% | 1.04% | 0.75% | 0.84% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOX Vanguard Communication Services ETF | 1.01% | 0.95% | 1.05% | 1.03% | 0.88% | 0.93% | 0.73% | 0.90% | 2.77% | 3.83% | 2.67% | 3.55% |
Frequently Asked Questions
GGTL and VOX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GGTL has higher volatility (8.93%) compared to VOX (4.36%). In terms of maximum drawdown, GGTL dropped -23.65% vs VOX's -57.18%.
On 3-year performance, VOX leads with 23.25% vs 21.07% for GGTL. On fees, VOX is cheaper at 0.10% per year. On volatility, VOX has been the lower-risk option at 4.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VOX has performed better with a 23.25% return vs 21.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOX is cheaper with a 0.10% expense ratio, compared with 0.90% for GGTL.
VOX has the higher dividend yield at 1.01%, compared with 0.86% for GGTL.
They also come from different issuers: Gabelli and Vanguard. Their fees differ too: 0.90% for GGTL and 0.10% for VOX.
GGTL currently has the higher Sharpe Ratio (2.27 vs 1.17), 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.
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