GTTIX vs. WIREX

Last updated Jun 24, 2026

GTTIX (Gabelli Global Content & Connectivity Fund Class I) and WIREX (Wireless Fund) are both Technology Equities funds. Over the past 10 years, GTTIX returned 7.80%/yr vs 21.66%/yr for WIREX. A 0.73 correlation means they provide meaningful diversification when combined. GTTIX charges 0.90%/yr vs 1.95%/yr for WIREX.

Performance

GTTIX vs. WIREX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Global Content & Connectivity Fund Class I (GTTIX) and Wireless Fund (WIREX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTTIX achieves a 12.42% return, which is significantly lower than WIREX's 22.88% return. Over the past 10 years, GTTIX has underperformed WIREX with an annualized return of 7.80%, while WIREX has yielded a comparatively higher 21.66% annualized return.

GTTIX

• 1D: -1.18%
• 1M: -1.96%
• YTD: 12.42%
• 6M: 12.95%
• 1Y: 31.91%
• 3Y*: 22.38%
• 5Y*: 6.53%
• 10Y*: 7.80%

WIREX

• 1D: -0.86%
• 1M: 2.97%
• YTD: 22.88%
• 6M: 21.32%
• 1Y: 54.01%
• 3Y*: 35.08%
• 5Y*: 20.08%
• 10Y*: 21.66%

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

GTTIX vs. WIREX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GTTIX Gabelli Global Content & Connectivity Fund Class I	12.42%	27.42%	14.93%	22.82%	-28.59%	5.17%	16.44%	16.44%	-11.28%	14.18%
WIREX Wireless Fund	22.88%	26.45%	38.24%	57.70%	-34.76%	23.22%	41.12%	37.03%	-4.60%	29.76%

Correlation

The correlation between GTTIX and WIREX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009	0.73

Over the past year, the correlation between GTTIX and WIREX has dropped to 0.50 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

Return for Risk

GTTIX vs. WIREX — Risk / Return Rank

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

GTTIX

GTTIX Risk / Return Rank: 69
GTTIX Sharpe Ratio Rank: 75
GTTIX Sortino Ratio Rank: 75
GTTIX Omega Ratio Rank: 62
GTTIX Calmar Ratio Rank: 84
GTTIX Martin Ratio Rank: 46

WIREX

WIREX Risk / Return Rank: 69
WIREX Sharpe Ratio Rank: 80
WIREX Sortino Ratio Rank: 62
WIREX Omega Ratio Rank: 64
WIREX Calmar Ratio Rank: 80
WIREX Martin Ratio Rank: 60

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.

GTTIX vs. WIREX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Global Content & Connectivity Fund Class I (GTTIX) and Wireless Fund (WIREX). 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.

	GTTIX	WIREX	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.43	-0.11
Sortino ratio: Return per unit of downside risk	3.32	3.01	+0.31
Omega ratio: Gain probability vs. loss probability	1.40	1.40	0.00
Calmar ratio: Return relative to maximum drawdown	3.74	3.43	+0.31
Martin ratio: Return relative to average drawdown	9.20	11.20	-2.00

GTTIX vs. WIREX - Sharpe Ratio Comparison

The current GTTIX Sharpe Ratio is 2.32, which is comparable to the WIREX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of GTTIX and WIREX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GTTIX vs. WIREX - Drawdown Comparison

The maximum GTTIX drawdown since its inception was -39.84%, smaller than the maximum WIREX drawdown of -92.42%. Use the drawdown chart below to compare losses from any high point for GTTIX and WIREX.

Drawdown Indicators

	GTTIX	WIREX	Difference
Max Drawdown Largest peak-to-trough decline	-39.84%	-92.42%	+52.58%
Max Drawdown (1Y) Largest decline over 1 year	-9.08%	-16.20%	+7.12%
Max Drawdown (3Y) Largest decline over 3 years	-15.74%	-64.74%	+49.00%
Max Drawdown (5Y) Largest decline over 5 years	-39.84%	-64.74%	+24.90%
Max Drawdown (10Y) Largest decline over 10 years	-39.84%	-64.74%	+24.90%
Current Drawdown Current decline from peak	-6.14%	-29.08%	+22.94%
Average Drawdown Average peak-to-trough decline	-8.14%	-58.33%	+50.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	4.95%	-1.27%

Volatility

GTTIX vs. WIREX - Volatility Comparison

The current volatility for Gabelli Global Content & Connectivity Fund Class I (GTTIX) is 6.22%, while Wireless Fund (WIREX) has a volatility of 9.94%. This indicates that GTTIX experiences smaller price fluctuations and is considered to be less risky than WIREX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTTIX	WIREX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.22%	9.94%	-3.72%
Volatility (6M) Calculated over the trailing 6-month period	11.40%	18.39%	-6.99%
Volatility (1Y) Calculated over the trailing 1-year period	14.67%	22.87%	-8.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.52%	63.75%	-47.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.44%	48.11%	-31.67%

GTTIX vs. WIREX - Expense Ratio Comparison

GTTIX has a 0.90% expense ratio, which is lower than WIREX's 1.95% expense ratio.

Dividends

GTTIX vs. WIREX - Dividend Comparison

GTTIX's dividend yield for the trailing twelve months is around 15.95%, more than WIREX's 2.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTTIX Gabelli Global Content & Connectivity Fund Class I	15.95%	17.94%	0.00%	0.32%	2.29%	6.74%	3.09%	7.22%	6.96%	7.11%	7.34%	8.62%
WIREX Wireless Fund	2.77%	3.41%	1.95%	0.45%	6.80%	16.58%	11.36%	21.52%	5.51%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTTIX and WIREX in my portfolio?

GTTIX and WIREX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTTIX or WIREX?

WIREX has higher volatility (9.94%) compared to GTTIX (6.22%). In terms of maximum drawdown, GTTIX dropped -39.84% vs WIREX's -92.42%.

Which has better risk-adjusted returns?

WIREX currently has the higher Sharpe Ratio (2.43 vs 2.32), 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.