GICPX vs. GABGX
Compare and contrast key facts about Gabelli Global Growth Fund (GICPX) and Gabelli Growth Fund (GABGX).
GICPX is managed by Gabelli. It was launched on Feb 6, 1994. GABGX is managed by Gabelli. It was launched on Apr 10, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GICPX or GABGX.
Key characteristics
| GICPX | GABGX | |
|---|---|---|
| YTD Return | 31.09% | 36.40% |
| 1Y Return | 41.20% | 42.25% |
| 3Y Return (Ann) | 1.10% | 3.80% |
| 5Y Return (Ann) | 10.31% | 11.39% |
| 10Y Return (Ann) | 6.46% | 8.94% |
| Sharpe Ratio | 2.50 | 2.32 |
| Sortino Ratio | 3.32 | 3.04 |
| Omega Ratio | 1.45 | 1.41 |
| Calmar Ratio | 1.46 | 1.87 |
| Martin Ratio | 14.29 | 11.42 |
| Ulcer Index | 2.87% | 3.70% |
| Daily Std Dev | 16.39% | 18.23% |
| Max Drawdown | -74.90% | -69.52% |
| Current Drawdown | -0.17% | 0.00% |
Correlation
The correlation between GICPX and GABGX is 0.86, 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.
Performance
GICPX vs. GABGX - Performance Comparison
In the year-to-date period, GICPX achieves a 31.09% return, which is significantly lower than GABGX's 36.40% return. Over the past 10 years, GICPX has underperformed GABGX with an annualized return of 6.46%, while GABGX has yielded a comparatively higher 8.94% annualized 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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GICPX vs. GABGX - Expense Ratio Comparison
GICPX has a 0.90% expense ratio, which is lower than GABGX's 1.34% expense ratio.
Risk-Adjusted Performance
GICPX vs. GABGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Growth Fund (GICPX) and Gabelli Growth Fund (GABGX). 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.
Dividends
GICPX vs. GABGX - Dividend Comparison
GICPX's dividend yield for the trailing twelve months is around 0.23%, while GABGX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GICPX Gabelli Global Growth Fund | 0.23% | 0.30% | 0.00% | 0.04% | 0.20% | 0.00% | 0.00% | 0.00% | 0.50% | 0.07% | 0.39% | 0.00% |
GABGX Gabelli Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% |
Drawdowns
GICPX vs. GABGX - Drawdown Comparison
The maximum GICPX drawdown since its inception was -74.90%, which is greater than GABGX's maximum drawdown of -69.52%. Use the drawdown chart below to compare losses from any high point for GICPX and GABGX. For additional features, visit the drawdowns tool.
Volatility
GICPX vs. GABGX - Volatility Comparison
The current volatility for Gabelli Global Growth Fund (GICPX) is 4.61%, while Gabelli Growth Fund (GABGX) has a volatility of 5.23%. This indicates that GICPX experiences smaller price fluctuations and is considered to be less risky than GABGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.