JGLO vs. GABF
Compare and contrast key facts about Jpmorgan Global Select Equity ETF (JGLO) and Gabelli Financial Services Opportunities ETF (GABF).
JGLO and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JGLO is an actively managed fund by JPMorgan. It was launched on Sep 13, 2023. 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: JGLO or GABF.
Key characteristics
| JGLO | GABF | |
|---|---|---|
| YTD Return | 16.61% | 27.85% |
| 1Y Return | 27.79% | 46.68% |
| Sharpe Ratio | 2.26 | 2.86 |
| Daily Std Dev | 12.20% | 16.06% |
| Max Drawdown | -7.96% | -17.14% |
| Current Drawdown | -1.53% | -0.76% |
Correlation
The correlation between JGLO and GABF is 0.66, 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
JGLO vs. GABF - Performance Comparison
In the year-to-date period, JGLO achieves a 16.61% return, which is significantly lower than GABF's 27.85% return. 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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JGLO vs. GABF - Expense Ratio Comparison
JGLO has a 0.47% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
JGLO vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jpmorgan Global Select Equity ETF (JGLO) 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
JGLO vs. GABF - Dividend Comparison
JGLO's dividend yield for the trailing twelve months is around 0.28%, less than GABF's 3.87% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
JGLO Jpmorgan Global Select Equity ETF | 0.28% | 0.32% | 0.00% |
GABF Gabelli Financial Services Opportunities ETF | 3.87% | 4.95% | 1.31% |
Drawdowns
JGLO vs. GABF - Drawdown Comparison
The maximum JGLO drawdown since its inception was -7.96%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for JGLO and GABF. For additional features, visit the drawdowns tool.
Volatility
JGLO vs. GABF - Volatility Comparison
The current volatility for Jpmorgan Global Select Equity ETF (JGLO) is 3.74%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.40%. This indicates that JGLO 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.