GIGB vs. GABF
Compare and contrast key facts about Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) and Gabelli Financial Services Opportunities ETF (GABF).
GIGB and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GIGB is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index. It was launched on Jun 6, 2017. 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: GIGB or GABF.
Correlation
The correlation between GIGB and GABF is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
GIGB vs. GABF - Performance Comparison
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Key characteristics
GIGB:
2.79%
GABF:
12.16%
GIGB:
-0.33%
GABF:
-0.70%
GIGB:
-0.33%
GABF:
0.00%
Returns By Period
GIGB
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GABF
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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%.
Risk-Adjusted Performance
GIGB vs. GABF — Risk-Adjusted Performance Rank
GIGB
GABF
GIGB vs. GABF - Risk-Adjusted Performance 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.
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Dividends
GIGB vs. GABF - Dividend Comparison
GIGB has not paid dividends to shareholders, while GABF's dividend yield for the trailing twelve months is around 4.31%.
TTM | 2024 | 2023 | 2022 | |
---|---|---|---|---|
GIGB Goldman Sachs Access Investment Grade Corporate Bond ETF | 0.00% | 0.00% | 0.00% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 4.31% | 0.00% | 0.00% | 0.00% |
Drawdowns
GIGB vs. GABF - Drawdown Comparison
The maximum GIGB drawdown since its inception was -0.33%, smaller than the maximum GABF drawdown of -0.70%. Use the drawdown chart below to compare losses from any high point for GIGB and GABF. For additional features, visit the drawdowns tool.
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Volatility
GIGB vs. GABF - Volatility Comparison
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