GOLS vs. GBHI

Last updated Jun 6, 2026

GOLS (Gabelli Opportunities in Live and Sports ETF) and GBHI (Gabelli High Income ETF) are both exchange-traded funds - GOLS is a Communications Equities fund actively managed by Gabelli, while GBHI is a High Yield Bonds fund actively managed by Gabelli. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. GOLS charges 0.90%/yr vs 0.55%/yr for GBHI.

Performance

GOLS vs. GBHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Opportunities in Live and Sports ETF (GOLS) and Gabelli High Income ETF (GBHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GOLS

• 1D: -0.03%
• 1M: 1.42%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBHI

• 1D: -0.39%
• 1M: -0.24%
• YTD: 1.77%
• 6M: 2.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOLS vs. GBHI - Yearly Performance Comparison

	2026 (YTD)
GOLS Gabelli Opportunities in Live and Sports ETF	3.97%
GBHI Gabelli High Income ETF	1.60%

Correlation

The correlation between GOLS and GBHI is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026	0.56

Return for Risk

GOLS vs. GBHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Opportunities in Live and Sports ETF (GOLS) and Gabelli High Income ETF (GBHI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GOLS	GBHI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.72	1.73	-1.01

Drawdowns

GOLS vs. GBHI - Drawdown Comparison

The maximum GOLS drawdown since its inception was -7.85%, which is greater than GBHI's maximum drawdown of -2.12%. Use the drawdown chart below to compare losses from any high point for GOLS and GBHI.

Drawdown Indicators

	GOLS	GBHI	Difference
Max Drawdown Largest peak-to-trough decline	-7.85%	-2.12%	-5.73%
Current Drawdown Current decline from peak	-2.29%	-0.43%	-1.86%
Average Drawdown Average peak-to-trough decline	-1.96%	-0.27%	-1.69%

Volatility

Volatility by Period

	GOLS	GBHI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.56%	3.34%	+10.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.56%	3.34%	+10.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.56%	3.34%	+10.22%

GOLS vs. GBHI - Expense Ratio Comparison

GOLS has a 0.90% expense ratio, which is higher than GBHI's 0.55% expense ratio.

Dividends

GOLS vs. GBHI - Dividend Comparison

GOLS has not paid dividends to shareholders, while GBHI's dividend yield for the trailing twelve months is around 1.85%.

Position	TTM	2025
GBHI Gabelli High Income ETF	1.85%	0.59%
GOLS Gabelli Opportunities in Live and Sports ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOLS and GBHI in my portfolio?

GOLS and GBHI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOLS or GBHI?

On fees, GBHI is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GOLS or GBHI?

GBHI is cheaper with a 0.55% expense ratio, compared with 0.90% for GOLS.

Which ETF pays a higher dividend yield, GOLS or GBHI?

GBHI has the higher dividend yield at 1.85%, compared with 0.00% for GOLS.

What is the main difference between GOLS and GBHI?

GOLS is categorized as Communications Equities, while GBHI is High Yield Bonds. Their fees differ too: 0.90% for GOLS and 0.55% for GBHI.