IBD vs. GABF
Compare and contrast key facts about Inspire Corporate Bond Impact ETF (IBD) and Gabelli Financial Services Opportunities ETF (GABF).
IBD and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBD is a passively managed fund by Inspire that tracks the performance of the Inspire Corporate Bond Impact Equal Weight Index. It was launched on Jul 10, 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: IBD or GABF.
Correlation
The correlation between IBD and GABF is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IBD vs. GABF - Performance Comparison
Key characteristics
IBD:
0.55
GABF:
2.82
IBD:
0.79
GABF:
3.79
IBD:
1.10
GABF:
1.51
IBD:
0.48
GABF:
4.85
IBD:
2.37
GABF:
20.78
IBD:
1.43%
GABF:
2.28%
IBD:
6.16%
GABF:
16.81%
IBD:
-16.30%
GABF:
-17.14%
IBD:
-2.58%
GABF:
-6.43%
Returns By Period
In the year-to-date period, IBD achieves a 3.25% return, which is significantly lower than GABF's 43.66% return.
IBD
3.25%
-0.40%
2.27%
3.33%
0.57%
N/A
GABF
43.66%
-3.19%
24.50%
45.52%
N/A
N/A
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IBD vs. GABF - Expense Ratio Comparison
IBD has a 0.49% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
IBD vs. GABF - Risk-Adjusted Performance 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.
Dividends
IBD vs. GABF - Dividend Comparison
IBD's dividend yield for the trailing twelve months is around 3.67%, more than GABF's 3.44% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Inspire Corporate Bond Impact ETF | 3.67% | 3.39% | 1.75% | 1.36% | 1.63% | 2.63% | 2.06% | 0.82% |
Gabelli Financial Services Opportunities ETF | 3.44% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBD vs. GABF - Drawdown Comparison
The maximum IBD drawdown since its inception was -16.30%, roughly equal to the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for IBD and GABF. For additional features, visit the drawdowns tool.
Volatility
IBD vs. GABF - Volatility Comparison
The current volatility for Inspire Corporate Bond Impact ETF (IBD) is 1.53%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 5.03%. 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.