IBD vs. GABF

Last updated Jul 14, 2026

IBD (Inspire Corporate Bond Impact ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - IBD is a Corporate Bonds fund tracking the Inspire Corporate Bond Impact Equal Weight Index, while GABF is a Financials Equities fund actively managed by Gabelli. IBD is passively managed, while GABF is actively managed. Over the past 3 years, IBD returned 4.99%/yr vs 20.10%/yr for GABF. At a 0.17 correlation, their price movements are largely independent. IBD charges 0.49%/yr vs 0.10%/yr for GABF.

Performance

IBD vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inspire Corporate Bond Impact ETF (IBD) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBD achieves a -0.24% return, which is significantly higher than GABF's -2.34% return.

IBD

• 1D: -0.25%
• 1M: 0.02%
• 6M: 0.22%
• YTD: -0.24%
• 1Y: 3.04%
• 3Y*: 4.99%
• 5Y*: 1.11%
• 10Y*: —

GABF

• 1D: -0.22%
• 1M: 1.32%
• 6M: -5.40%
• YTD: -2.34%
• 1Y: -4.10%
• 3Y*: 20.10%
• 5Y*: —
• 10Y*: —

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

IBD vs. GABF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IBD Inspire Corporate Bond Impact ETF	-0.24%	7.70%	3.58%	6.00%	-1.39%
GABF Gabelli Financial Services Opportunities ETF	-2.34%	3.60%	44.38%	38.92%	-0.04%

Correlation

The correlation between IBD and GABF is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (All Time) Calculated using the full available price history since May 10, 2022	0.17

Return for Risk

IBD vs. GABF — Risk / Return Rank

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

IBD

IBD Risk / Return Rank: 28
IBD Sharpe Ratio Rank: 25
IBD Sortino Ratio Rank: 23
IBD Omega Ratio Rank: 21
IBD Calmar Ratio Rank: 35
IBD Martin Ratio Rank: 35

GABF

GABF Risk / Return Rank: 7
GABF Sharpe Ratio Rank: 7
GABF Sortino Ratio Rank: 7
GABF Omega Ratio Rank: 7
GABF Calmar Ratio Rank: 7
GABF Martin Ratio Rank: 7

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.

IBD vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) 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.

	IBD	GABF	Difference
Sharpe ratio: Return per unit of total volatility	0.72	-0.23	+0.95
Sortino ratio: Return per unit of downside risk	1.07	-0.20	+1.27
Omega ratio: Gain probability vs. loss probability	1.12	0.98	+0.15
Calmar ratio: Return relative to maximum drawdown	1.42	-0.24	+1.66
Martin ratio: Return relative to average drawdown	4.17	-0.53	+4.70

IBD vs. GABF - Sharpe Ratio Comparison

The current IBD Sharpe Ratio is 0.72, which is higher than the GABF Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of IBD and GABF, 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

IBD vs. GABF - Drawdown Comparison

The maximum IBD drawdown since its inception was -16.30%, smaller than the maximum GABF drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for IBD and GABF.

Drawdown Indicators

	IBD	GABF	Difference
Max Drawdown Largest peak-to-trough decline	-16.30%	-20.86%	+4.56%
Max Drawdown (1Y) Largest decline over 1 year	-2.15%	-17.16%	+15.01%
Max Drawdown (3Y) Largest decline over 3 years	-4.01%	-20.86%	+16.85%
Max Drawdown (5Y) Largest decline over 5 years	-14.76%	—	—
Current Drawdown Current decline from peak	-1.10%	-7.14%	+6.04%
Average Drawdown Average peak-to-trough decline	-3.33%	-4.94%	+1.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	7.78%	-7.05%

Volatility

IBD vs. GABF - Volatility Comparison

The current volatility for Inspire Corporate Bond Impact ETF (IBD) is 1.76%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.51%. This indicates that IBD 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.

Volatility by Period

	IBD	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.76%	4.51%	-2.75%
Volatility (6M) Calculated over the trailing 6-month period	3.15%	13.37%	-10.22%
Volatility (1Y) Calculated over the trailing 1-year period	4.25%	17.59%	-13.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.65%	20.45%	-14.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.70%	20.45%	-13.75%

IBD vs. GABF - Expense Ratio Comparison

IBD has a 0.49% expense ratio, which is higher than GABF's 0.10% expense ratio.

Dividends

IBD vs. GABF - Dividend Comparison

IBD's dividend yield for the trailing twelve months is around 4.28%, 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%
IBD Inspire Corporate Bond Impact ETF	4.28%	4.17%	4.18%	3.39%	1.75%	1.36%	1.63%	2.47%	2.06%	0.82%

Frequently Asked Questions

Can I hold both IBD and GABF in my portfolio?

IBD and GABF have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBD or GABF?

GABF has higher volatility (4.51%) compared to IBD (1.76%). In terms of maximum drawdown, IBD dropped -16.30% vs GABF's -20.86%.

Which ETF is better, IBD or GABF?

On 3-year performance, GABF leads with 20.10% vs 4.99% for IBD. On fees, GABF is cheaper at 0.10% per year. On volatility, IBD has been the lower-risk option at 1.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBD or GABF?

Over the 3-year period, GABF has performed better with a 20.10% return vs 4.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBD or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.49% for IBD.

Which ETF pays a higher dividend yield, IBD or GABF?

IBD has the higher dividend yield at 4.28%, compared with 2.01% for GABF.

What is the main difference between IBD and GABF?

IBD is categorized as Corporate Bonds, while GABF is Financials Equities. They also come from different issuers: Inspire and Gabelli. Their fees differ too: 0.49% for IBD and 0.10% for GABF.

Which has better risk-adjusted returns?

IBD currently has the higher Sharpe Ratio (0.72 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.