NTZG vs. GABF
Compare and contrast key facts about Nuveen Global Net Zero Transition ETF (NTZG) and Gabelli Financial Services Opportunities ETF (GABF).
NTZG and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NTZG is a passively managed fund by Nuveen that tracks the performance of the MSCI AC World. It was launched on Jun 23, 2022. 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: NTZG or GABF.
Key characteristics
| NTZG | GABF | |
|---|---|---|
| YTD Return | 10.73% | 25.72% |
| 1Y Return | 15.89% | 43.16% |
| Sharpe Ratio | 1.44 | 2.79 |
| Daily Std Dev | 11.94% | 16.03% |
| Max Drawdown | -15.44% | -17.14% |
| Current Drawdown | -1.01% | -2.41% |
Correlation
The correlation between NTZG and GABF is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NTZG vs. GABF - Performance Comparison
In the year-to-date period, NTZG achieves a 10.73% return, which is significantly lower than GABF's 25.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NTZG vs. GABF - Expense Ratio Comparison
NTZG has a 0.56% expense ratio, which is higher than GABF's 0.10% expense ratio.
Risk-Adjusted Performance
NTZG vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Global Net Zero Transition ETF (NTZG) 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
NTZG vs. GABF - Dividend Comparison
NTZG's dividend yield for the trailing twelve months is around 1.34%, less than GABF's 3.93% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
NTZG Nuveen Global Net Zero Transition ETF | 1.34% | 1.49% | 0.66% |
GABF Gabelli Financial Services Opportunities ETF | 3.93% | 4.95% | 1.31% |
Drawdowns
NTZG vs. GABF - Drawdown Comparison
The maximum NTZG drawdown since its inception was -15.44%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for NTZG and GABF. For additional features, visit the drawdowns tool.
Volatility
NTZG vs. GABF - Volatility Comparison
The current volatility for Nuveen Global Net Zero Transition ETF (NTZG) is 4.17%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.43%. This indicates that NTZG 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.