GICPX vs. GABAX
Compare and contrast key facts about Gabelli Global Growth Fund (GICPX) and Gabelli Asset Fund (GABAX).
GICPX is managed by Gabelli. It was launched on Feb 6, 1994. GABAX is managed by Gabelli. It was launched on Mar 3, 1986.
Performance
GICPX vs. GABAX - Performance Comparison
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GICPX vs. GABAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GICPX Gabelli Global Growth Fund | -7.56% | 13.90% | 26.70% | 34.47% | -37.45% | 21.09% | 35.45% | 30.76% | -2.73% | 29.02% |
GABAX Gabelli Asset Fund | 1.27% | 16.65% | 8.07% | 10.32% | -10.74% | 18.96% | 11.22% | 22.44% | -7.61% | 20.17% |
Returns By Period
In the year-to-date period, GICPX achieves a -7.56% return, which is significantly lower than GABAX's 1.27% return. Over the past 10 years, GICPX has outperformed GABAX with an annualized return of 11.99%, while GABAX has yielded a comparatively lower 9.36% annualized return.
GICPX
- 1D
- 3.41%
- 1M
- -6.35%
- YTD
- -7.56%
- 6M
- -7.05%
- 1Y
- 9.99%
- 3Y*
- 15.52%
- 5Y*
- 6.53%
- 10Y*
- 11.99%
GABAX
- 1D
- 2.52%
- 1M
- -7.34%
- YTD
- 1.27%
- 6M
- 4.45%
- 1Y
- 16.44%
- 3Y*
- 10.50%
- 5Y*
- 6.51%
- 10Y*
- 9.36%
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GICPX vs. GABAX - Expense Ratio Comparison
GICPX has a 0.90% expense ratio, which is lower than GABAX's 1.33% expense ratio.
Return for Risk
GICPX vs. GABAX — Risk / Return Rank
GICPX
GABAX
GICPX vs. GABAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Growth Fund (GICPX) and Gabelli Asset Fund (GABAX). 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.
| GICPX | GABAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 1.07 | -0.45 |
Sortino ratioReturn per unit of downside risk | 1.04 | 1.58 | -0.54 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.22 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 1.50 | -0.84 |
Martin ratioReturn relative to average drawdown | 2.67 | 6.02 | -3.36 |
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
| GICPX | GABAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.07 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.44 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.57 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.68 | -0.20 |
Correlation
The correlation between GICPX and GABAX is 0.81, 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
GICPX vs. GABAX - Dividend Comparison
GICPX's dividend yield for the trailing twelve months is around 14.99%, more than GABAX's 12.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GICPX Gabelli Global Growth Fund | 14.99% | 13.85% | 0.00% | 0.30% | 0.18% | 4.21% | 2.37% | 10.11% | 8.42% | 3.16% | 7.08% | 5.73% |
GABAX Gabelli Asset Fund | 12.14% | 12.29% | 15.41% | 8.04% | 10.06% | 9.78% | 13.12% | 10.04% | 10.01% | 8.69% | 13.23% | 13.98% |
Drawdowns
GICPX vs. GABAX - Drawdown Comparison
The maximum GICPX drawdown since its inception was -72.92%, which is greater than GABAX's maximum drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for GICPX and GABAX.
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Drawdown Indicators
| GICPX | GABAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.92% | -55.44% | -17.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.45% | -11.43% | -1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -43.93% | -21.90% | -22.03% |
Max Drawdown (10Y)Largest decline over 10 years | -43.93% | -36.65% | -7.28% |
Current DrawdownCurrent decline from peak | -9.46% | -7.77% | -1.69% |
Average DrawdownAverage peak-to-trough decline | -22.23% | -5.57% | -16.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.10% | 2.85% | +0.25% |
Volatility
GICPX vs. GABAX - Volatility Comparison
Gabelli Global Growth Fund (GICPX) has a higher volatility of 6.35% compared to Gabelli Asset Fund (GABAX) at 5.44%. This indicates that GICPX's price experiences larger fluctuations and is considered to be riskier than GABAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GICPX | GABAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.35% | 5.44% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 10.33% | 9.23% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.12% | 15.64% | +1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.23% | 14.88% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.73% | 16.46% | +4.27% |