GICPX vs. GABGX

Last updated Apr 2, 2026

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.

Performance

GICPX vs. GABGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Growth Fund (GICPX) and Gabelli Growth Fund (GABGX). The values are adjusted to include any dividend payments, if applicable.

GICPX vs. GABGX - 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%
GABGX Gabelli Growth Fund	-9.99%	18.67%	35.38%	45.39%	-39.04%	22.48%	39.11%	34.19%	1.89%	29.51%

Returns By Period

In the year-to-date period, GICPX achieves a -7.56% return, which is significantly higher than GABGX's -9.99% return. Over the past 10 years, GICPX has underperformed GABGX with an annualized return of 11.99%, while GABGX has yielded a comparatively higher 14.74% 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%

GABGX

• 1D: 3.93%
• 1M: -5.97%
• YTD: -9.99%
• 6M: -9.53%
• 1Y: 15.68%
• 3Y*: 22.09%
• 5Y*: 9.45%
• 10Y*: 14.74%

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

GICPX vs. GABGX - Expense Ratio Comparison

GICPX has a 0.90% expense ratio, which is lower than GABGX's 1.34% expense ratio.

GABGX

Gabelli Growth Fund

GICPX

Gabelli Global Growth Fund

Return for Risk

GICPX vs. GABGX — Risk / Return Rank

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

GICPX

GICPX Risk / Return Rank: 21
GICPX Sharpe Ratio Rank: 21
GICPX Sortino Ratio Rank: 23
GICPX Omega Ratio Rank: 20
GICPX Calmar Ratio Rank: 18
GICPX Martin Ratio Rank: 21

GABGX

GABGX Risk / Return Rank: 31
GABGX Sharpe Ratio Rank: 31
GABGX Sortino Ratio Rank: 38
GABGX Omega Ratio Rank: 33
GABGX Calmar Ratio Rank: 25
GABGX Martin Ratio Rank: 25

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.

GICPX vs. GABGX - Risk-Adjusted Trends 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.

	GICPX	GABGX	Difference
Sharpe ratio Return per unit of total volatility	0.63	0.78	-0.16
Sortino ratio Return per unit of downside risk	1.04	1.29	-0.25
Omega ratio Gain probability vs. loss probability	1.14	1.17	-0.04
Calmar ratio Return relative to maximum drawdown	0.66	0.82	-0.16
Martin ratio Return relative to average drawdown	2.67	2.93	-0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GICPX vs. GABGX - Sharpe Ratio Comparison

The current GICPX Sharpe Ratio is 0.63, which is comparable to the GABGX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of GICPX and GABGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GICPX	GABGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.63	0.78	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.40	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.58	0.66	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.53	-0.05

Correlation

The correlation between GICPX and GABGX is 0.87, 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. GABGX - Dividend Comparison

GICPX's dividend yield for the trailing twelve months is around 14.99%, more than GABGX's 6.09% 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%
GABGX Gabelli Growth Fund	6.09%	5.49%	6.27%	1.66%	0.00%	5.03%	7.02%	11.48%	5.66%	6.28%	5.17%	8.19%

Drawdowns

GICPX vs. GABGX - Drawdown Comparison

The maximum GICPX drawdown since its inception was -72.92%, which is greater than GABGX's maximum drawdown of -66.39%. Use the drawdown chart below to compare losses from any high point for GICPX and GABGX.

Drawdown Indicators

	GICPX	GABGX	Difference
Max Drawdown Largest peak-to-trough decline	-72.92%	-66.39%	-6.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-16.53%	+4.08%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-42.36%	-1.57%
Max Drawdown (10Y) Largest decline over 10 years	-43.93%	-42.36%	-1.57%
Current Drawdown Current decline from peak	-9.46%	-13.25%	+3.79%
Average Drawdown Average peak-to-trough decline	-22.23%	-16.75%	-5.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	4.63%	-1.53%

Volatility

GICPX vs. GABGX - Volatility Comparison

The current volatility for Gabelli Global Growth Fund (GICPX) is 6.35%, while Gabelli Growth Fund (GABGX) has a volatility of 7.02%. 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.

Volatility by Period

	GICPX	GABGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	7.02%	-0.67%
Volatility (6M) Calculated over the trailing 6-month period	10.33%	12.13%	-1.80%
Volatility (1Y) Calculated over the trailing 1-year period	17.12%	21.53%	-4.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.23%	23.50%	-1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	22.46%	-1.73%