GINX vs. GABF
Compare and contrast key facts about SGI Enhanced Global Income ETF (GINX) and Gabelli Financial Services Opportunities ETF (GABF).
GINX and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GINX is an actively managed fund by Summit Global Investments. It was launched on Feb 28, 2024. 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: GINX or GABF.
Key characteristics
| GINX | GABF | |
|---|---|---|
| Daily Std Dev | 14.11% | 16.06% |
| Max Drawdown | -8.19% | -17.14% |
| Current Drawdown | -3.07% | -0.76% |
Correlation
The correlation between GINX and GABF is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GINX vs. GABF - Performance Comparison
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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GINX vs. GABF - Expense Ratio Comparison
GINX has a 0.98% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
GINX vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SGI Enhanced Global Income ETF (GINX) 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.
Not enough dataDividends
GINX vs. GABF - Dividend Comparison
GINX's dividend yield for the trailing twelve months is around 0.71%, less than GABF's 3.87% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
GINX SGI Enhanced Global Income ETF | 0.71% | 0.00% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 3.87% | 4.95% | 1.31% |
Drawdowns
GINX vs. GABF - Drawdown Comparison
The maximum GINX drawdown since its inception was -8.19%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for GINX and GABF. For additional features, visit the drawdowns tool.
Volatility
GINX vs. GABF - Volatility Comparison
SGI Enhanced Global Income ETF (GINX) has a higher volatility of 6.35% compared to Gabelli Financial Services Opportunities ETF (GABF) at 4.40%. This indicates that GINX's price experiences larger fluctuations and is considered to be riskier than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.