GHEE vs. GABF
Compare and contrast key facts about Goose Hollow Enhanced Equity ETF (GHEE) and Gabelli Financial Services Opportunities ETF (GABF).
GHEE and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GHEE is an actively managed fund by Goose Hollow. It was launched on Nov 17, 2023. GABF is an actively managed fund by Gabelli. It was launched on May 9, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GHEE or GABF.
Key characteristics
| GHEE | GABF | |
|---|---|---|
| YTD Return | 2.55% | 27.85% |
| Daily Std Dev | 11.09% | 16.06% |
| Max Drawdown | -6.43% | -17.14% |
| Current Drawdown | -1.86% | -0.76% |
Correlation
The correlation between GHEE and GABF is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GHEE vs. GABF - Performance Comparison
In the year-to-date period, GHEE achieves a 2.55% return, which is significantly lower than GABF's 27.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GHEE vs. GABF - Expense Ratio Comparison
GHEE has a 1.28% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
GHEE vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goose Hollow Enhanced Equity ETF (GHEE) and Gabelli Financial Services Opportunities ETF (GABF). 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.
Not enough dataDividends
GHEE vs. GABF - Dividend Comparison
GHEE's dividend yield for the trailing twelve months is around 1.11%, less than GABF's 3.87% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
GHEE Goose Hollow Enhanced Equity ETF | 1.11% | 1.13% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 3.87% | 4.95% | 1.31% |
Drawdowns
GHEE vs. GABF - Drawdown Comparison
The maximum GHEE drawdown since its inception was -6.43%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for GHEE and GABF. For additional features, visit the drawdowns tool.
Volatility
GHEE vs. GABF - Volatility Comparison
Goose Hollow Enhanced Equity ETF (GHEE) and Gabelli Financial Services Opportunities ETF (GABF) have volatilities of 4.30% and 4.40%, 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.