KDVD vs. GBHI

Last updated Jun 24, 2026

KDVD (Keeley Dividend ETF) and GBHI (Gabelli High Income ETF) are both exchange-traded funds - KDVD is a Mid Cap Blend Equities fund actively managed by Gabelli, while GBHI is a High Yield Bonds fund actively managed by Gabelli. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. KDVD charges 0.00%/yr vs 0.55%/yr for GBHI.

Performance

KDVD vs. GBHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Keeley Dividend ETF (KDVD) and Gabelli High Income ETF (GBHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KDVD achieves a 12.99% return, which is significantly higher than GBHI's 2.22% return.

KDVD

• 1D: -0.29%
• 1M: 2.07%
• YTD: 12.99%
• 6M: 11.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBHI

• 1D: 0.02%
• 1M: 0.31%
• YTD: 2.22%
• 6M: 2.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KDVD vs. GBHI - Yearly Performance Comparison

	2026 (YTD)	2025
KDVD Keeley Dividend ETF	12.99%	-0.07%
GBHI Gabelli High Income ETF	2.22%	0.33%

Correlation

The correlation between KDVD and GBHI 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 (All Time) Calculated using the full available price history since Dec 8, 2025	0.64

Return for Risk

KDVD vs. GBHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Keeley Dividend ETF (KDVD) and Gabelli High Income ETF (GBHI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

KDVD vs. GBHI - Drawdown Comparison

The maximum KDVD drawdown since its inception was -10.98%, which is greater than GBHI's maximum drawdown of -2.12%. Use the drawdown chart below to compare losses from any high point for KDVD and GBHI.

Drawdown Indicators

	KDVD	GBHI	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-2.12%	-8.86%
Current Drawdown Current decline from peak	-0.29%	-0.20%	-0.09%
Average Drawdown Average peak-to-trough decline	-2.76%	-0.27%	-2.49%

Volatility

Volatility by Period

	KDVD	GBHI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.89%	3.33%	+11.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.89%	3.33%	+11.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.89%	3.33%	+11.56%

KDVD vs. GBHI - Expense Ratio Comparison

KDVD has a 0.00% expense ratio, which is lower than GBHI's 0.55% expense ratio.

Dividends

KDVD vs. GBHI - Dividend Comparison

KDVD's dividend yield for the trailing twelve months is around 0.70%, less than GBHI's 1.84% yield.

Position	TTM	2025
GBHI Gabelli High Income ETF	1.84%	0.59%
KDVD Keeley Dividend ETF	0.70%	0.20%

Frequently Asked Questions

Can I hold both KDVD and GBHI in my portfolio?

KDVD and GBHI 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 ETF is better, KDVD or GBHI?

On fees, KDVD is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KDVD or GBHI?

KDVD is cheaper with a 0.00% expense ratio, compared with 0.55% for GBHI.

Which ETF pays a higher dividend yield, KDVD or GBHI?

GBHI has the higher dividend yield at 1.84%, compared with 0.70% for KDVD.

What is the main difference between KDVD and GBHI?

KDVD is categorized as Mid Cap Blend Equities, while GBHI is High Yield Bonds. Their fees differ too: 0.00% for KDVD and 0.55% for GBHI.