KORP vs. GABF
Compare and contrast key facts about American Century Diversified Corporate Bond ETF (KORP) and Gabelli Financial Services Opportunities ETF (GABF).
KORP and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KORP is an actively managed fund by American Century Investments. It was launched on Jan 11, 2018. 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: KORP or GABF.
Correlation
The correlation between KORP and GABF is 0.26, 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
KORP vs. GABF - Performance Comparison
Key characteristics
KORP:
0.50
GABF:
2.74
KORP:
0.75
GABF:
3.70
KORP:
1.09
GABF:
1.50
KORP:
0.39
GABF:
4.73
KORP:
1.58
GABF:
17.87
KORP:
1.73%
GABF:
2.59%
KORP:
5.43%
GABF:
16.88%
KORP:
-14.90%
GABF:
-17.14%
KORP:
-4.85%
GABF:
-5.95%
Returns By Period
In the year-to-date period, KORP achieves a -1.28% return, which is significantly lower than GABF's 0.02% return.
KORP
-1.28%
-2.36%
-0.44%
2.48%
0.96%
N/A
GABF
0.02%
-2.52%
16.58%
46.61%
N/A
N/A
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KORP vs. GABF - Expense Ratio Comparison
KORP has a 0.29% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
KORP vs. GABF — Risk-Adjusted Performance Rank
KORP
GABF
KORP vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Diversified Corporate Bond ETF (KORP) 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
KORP vs. GABF - Dividend Comparison
KORP's dividend yield for the trailing twelve months is around 5.15%, more than GABF's 4.19% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|---|
American Century Diversified Corporate Bond ETF | 5.15% | 5.09% | 4.43% | 2.89% | 1.86% | 3.22% | 3.19% | 3.26% |
Gabelli Financial Services Opportunities ETF | 4.19% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
KORP vs. GABF - Drawdown Comparison
The maximum KORP drawdown since its inception was -14.90%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for KORP and GABF. For additional features, visit the drawdowns tool.
Volatility
KORP vs. GABF - Volatility Comparison
The current volatility for American Century Diversified Corporate Bond ETF (KORP) is 1.56%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 5.37%. This indicates that KORP 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.