JSTC vs. GABF

Last updated Jul 12, 2026

JSTC (Adasina Social Justice All Cap Global ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - JSTC is a Global Equities fund actively managed by Toroso Investments, while GABF is a Financials Equities fund actively managed by Gabelli. Both are actively managed. Over the past 3 years, JSTC returned 13.50%/yr vs 20.10%/yr for GABF. A 0.77 correlation means they provide meaningful diversification when combined. JSTC charges 0.89%/yr vs 0.10%/yr for GABF.

Performance

JSTC vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adasina Social Justice All Cap Global ETF (JSTC) 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, JSTC achieves a 12.40% return, which is significantly higher than GABF's -2.34% return.

JSTC

• 1D: 0.04%
• 1M: 1.08%
• 6M: 9.90%
• YTD: 12.40%
• 1Y: 16.61%
• 3Y*: 13.50%
• 5Y*: 6.62%
• 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)

JSTC vs. GABF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JSTC Adasina Social Justice All Cap Global ETF	12.40%	12.02%	8.96%	15.67%	1.81%
GABF Gabelli Financial Services Opportunities ETF	-2.34%	3.60%	44.38%	38.92%	-0.04%

Correlation

The correlation between JSTC and GABF is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (All Time) Calculated using the full available price history since May 10, 2022	0.77

The correlation between JSTC and GABF shifts across timeframes, from 0.64 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

JSTC vs. GABF - Sectors Allocation Comparison

Sectors	JSTC	GABF
Technology	35.4%	5.2%
Financial Services	22.2%	85.6%
Industrials	15.1%	4.9%
Healthcare	9.2%	-
Communication Services	8.1%	-
Consumer Cyclical	4.4%	-
Consumer Defensive	2.7%	-
Utilities	1.6%	-
Basic Materials	0.9%	-
Real Estate	0.4%	4.3%
Energy	0.0%	-

Return for Risk

JSTC vs. GABF — Risk / Return Rank

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

JSTC

JSTC Risk / Return Rank: 40
JSTC Sharpe Ratio Rank: 39
JSTC Sortino Ratio Rank: 38
JSTC Omega Ratio Rank: 36
JSTC Calmar Ratio Rank: 38
JSTC Martin Ratio Rank: 48

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.

JSTC vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adasina Social Justice All Cap Global ETF (JSTC) 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.

	JSTC	GABF	Difference
Sharpe ratio: Return per unit of total volatility	1.11	-0.23	+1.35
Sortino ratio: Return per unit of downside risk	1.64	-0.20	+1.84
Omega ratio: Gain probability vs. loss probability	1.20	0.98	+0.22
Calmar ratio: Return relative to maximum drawdown	1.57	-0.24	+1.81
Martin ratio: Return relative to average drawdown	6.32	-0.53	+6.85

JSTC vs. GABF - Sharpe Ratio Comparison

The current JSTC Sharpe Ratio is 1.11, which is higher than the GABF Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of JSTC 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

JSTC vs. GABF - Drawdown Comparison

The maximum JSTC drawdown since its inception was -26.82%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for JSTC and GABF.

Drawdown Indicators

	JSTC	GABF	Difference
Max Drawdown Largest peak-to-trough decline	-26.82%	-20.86%	-5.96%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	-17.16%	+7.23%
Max Drawdown (3Y) Largest decline over 3 years	-16.72%	-20.86%	+4.14%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	—	—
Current Drawdown Current decline from peak	-0.77%	-7.14%	+6.37%
Average Drawdown Average peak-to-trough decline	-6.49%	-4.94%	-1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	7.78%	-5.32%

Volatility

JSTC vs. GABF - Volatility Comparison

Adasina Social Justice All Cap Global ETF (JSTC) has a higher volatility of 4.79% compared to Gabelli Financial Services Opportunities ETF (GABF) at 4.51%. This indicates that JSTC's price experiences larger fluctuations and is considered to be riskier than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSTC	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	4.51%	+0.28%
Volatility (6M) Calculated over the trailing 6-month period	11.67%	13.37%	-1.70%
Volatility (1Y) Calculated over the trailing 1-year period	14.02%	17.59%	-3.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.07%	20.45%	-4.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.78%	20.45%	-4.67%

JSTC vs. GABF - Expense Ratio Comparison

JSTC has a 0.89% expense ratio, which is higher than GABF's 0.10% expense ratio.

Dividends

JSTC vs. GABF - Dividend Comparison

JSTC's dividend yield for the trailing twelve months is around 1.21%, less than GABF's 2.01% yield.

Position	TTM	2025	2024	2023	2022	2021
GABF Gabelli Financial Services Opportunities ETF	2.01%	1.96%	4.19%	4.95%	1.31%	0.00%
JSTC Adasina Social Justice All Cap Global ETF	1.21%	1.34%	1.11%	1.03%	0.83%	0.96%

Frequently Asked Questions

Can I hold both JSTC and GABF in my portfolio?

JSTC and GABF have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JSTC or GABF?

JSTC has higher volatility (4.79%) compared to GABF (4.51%). In terms of maximum drawdown, JSTC dropped -26.82% vs GABF's -20.86%.

Which ETF is better, JSTC or GABF?

On 3-year performance, GABF leads with 20.10% vs 13.50% for JSTC. On fees, GABF is cheaper at 0.10% per year. On volatility, GABF has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JSTC or GABF?

Over the 3-year period, GABF has performed better with a 20.10% return vs 13.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JSTC or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.89% for JSTC.

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

GABF has the higher dividend yield at 2.01%, compared with 1.21% for JSTC.

What is the main difference between JSTC and GABF?

JSTC is categorized as Global Equities, while GABF is Financials Equities. They also come from different issuers: Toroso Investments and Gabelli. Their fees differ too: 0.89% for JSTC and 0.10% for GABF.

Which has better risk-adjusted returns?

JSTC currently has the higher Sharpe Ratio (1.11 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.