GIGB vs. GABF
GIGB (Goldman Sachs Access Investment Grade Corporate Bond ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - GIGB is a Corporate Bonds fund tracking the FTSE Goldman Sachs Investment Grade Corporate Bond Index, while GABF is a Financials Equities fund actively managed by Gabelli. GIGB is passively managed, while GABF is actively managed. Over the past 3 years, GIGB returned 4.65%/yr vs 20.10%/yr for GABF. At a 0.28 correlation, their price movements are largely independent. GIGB charges 0.14%/yr vs 0.10%/yr for GABF.
Performance
GIGB vs. GABF - Performance Comparison
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Returns By Period
In the year-to-date period, GIGB achieves a -0.12% return, which is significantly higher than GABF's -2.34% return.
GIGB
- 1D
- -0.38%
- 1M
- -1.10%
- 6M
- -0.33%
- YTD
- -0.12%
- 1Y
- 3.97%
- 3Y*
- 4.65%
- 5Y*
- -0.11%
- 10Y*
- —
GABF
- 1D
- -0.22%
- 1M
- 1.32%
- 6M
- -5.40%
- YTD
- -2.34%
- 1Y
- -4.10%
- 3Y*
- 20.10%
- 5Y*
- —
- 10Y*
- —
GIGB vs. GABF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GIGB Goldman Sachs Access Investment Grade Corporate Bond ETF | -0.12% | 7.58% | 1.68% | 8.80% | -2.56% |
GABF Gabelli Financial Services Opportunities ETF | -2.34% | 3.60% | 44.38% | 38.92% | -0.04% |
Correlation
The correlation between GIGB and GABF is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.28 |
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Return for Risk
GIGB vs. GABF — Risk / Return Rank
GIGB
GABF
GIGB vs. GABF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GIGB | GABF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.98 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | -0.24 | +1.63 |
| Martin ratioReturn relative to average drawdown | 4.26 | -0.53 | +4.78 |
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Drawdowns
GIGB vs. GABF - Drawdown Comparison
The maximum GIGB drawdown since its inception was -22.25%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for GIGB and GABF.
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Drawdown Indicators
| GIGB | GABF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.25% | -20.86% | -1.39% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -17.16% | +14.29% |
Max Drawdown (3Y)Largest decline over 3 years | -6.69% | -20.86% | +14.17% |
Max Drawdown (5Y)Largest decline over 5 years | -22.25% | — | — |
Current DrawdownCurrent decline from peak | -1.73% | -7.14% | +5.41% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -4.94% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 7.78% | -6.85% |
Volatility
GIGB vs. GABF - Volatility Comparison
The current volatility for Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) is 1.34%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.51%. This indicates that GIGB experiences smaller price fluctuations and is considered to be less risky than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIGB | GABF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.34% | 4.51% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.32% | 13.37% | -10.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.26% | 17.59% | -13.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.26% | 20.45% | -13.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.64% | 20.45% | -12.81% |
GIGB vs. GABF - Expense Ratio Comparison
GIGB has a 0.14% expense ratio, which is higher than GABF's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GIGB vs. GABF - Dividend Comparison
GIGB's dividend yield for the trailing twelve months is around 4.68%, more than GABF's 2.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | 2.01% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GIGB Goldman Sachs Access Investment Grade Corporate Bond ETF | 4.68% | 4.69% | 4.45% | 3.67% | 3.12% | 2.25% | 2.62% | 3.22% | 3.31% | 1.55% |
Frequently Asked Questions
GIGB and GABF have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABF has higher volatility (4.51%) compared to GIGB (1.34%). In terms of maximum drawdown, GIGB dropped -22.25% vs GABF's -20.86%.
On 3-year performance, GABF leads with 20.10% vs 4.65% for GIGB. On fees, GABF is cheaper at 0.10% per year. On volatility, GIGB has been the lower-risk option at 1.34%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GABF has performed better with a 20.10% return vs 4.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GABF is cheaper with a 0.10% expense ratio, compared with 0.14% for GIGB.
GIGB has the higher dividend yield at 4.68%, compared with 2.01% for GABF.
GIGB is categorized as Corporate Bonds, while GABF is Financials Equities. They also come from different issuers: Goldman Sachs and Gabelli. Their fees differ too: 0.14% for GIGB and 0.10% for GABF.
GIGB currently has the higher Sharpe Ratio (0.94 vs -0.23), 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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