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OND vs. GABF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OND and GABF is 0.78, 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

OND vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares On-Demand ETF (OND) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

OND:

1.66

GABF:

1.03

Sortino Ratio

OND:

2.22

GABF:

1.43

Omega Ratio

OND:

1.29

GABF:

1.22

Calmar Ratio

OND:

1.05

GABF:

1.13

Martin Ratio

OND:

7.03

GABF:

3.82

Ulcer Index

OND:

5.11%

GABF:

6.18%

Daily Std Dev

OND:

22.37%

GABF:

24.25%

Max Drawdown

OND:

-98.80%

GABF:

-20.86%

Current Drawdown

OND:

-5.75%

GABF:

-6.74%

Returns By Period

In the year-to-date period, OND achieves a 17.62% return, which is significantly higher than GABF's -0.67% return.


OND

YTD

17.62%

1M

9.04%

6M

9.85%

1Y

36.76%

3Y*

21.24%

5Y*

N/A

10Y*

N/A

GABF

YTD

-0.67%

1M

5.38%

6M

-6.60%

1Y

24.73%

3Y*

23.00%

5Y*

N/A

10Y*

N/A

*Annualized

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ProShares On-Demand ETF

OND vs. GABF - Expense Ratio Comparison

OND has a 0.58% expense ratio, which is higher than GABF's 0.10% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

OND vs. GABF — Risk-Adjusted Performance Rank

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

OND
The Risk-Adjusted Performance Rank of OND is 8888
Overall Rank
The Sharpe Ratio Rank of OND is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of OND is 9090
Sortino Ratio Rank
The Omega Ratio Rank of OND is 8888
Omega Ratio Rank
The Calmar Ratio Rank of OND is 8181
Calmar Ratio Rank
The Martin Ratio Rank of OND is 8888
Martin Ratio Rank

GABF
The Risk-Adjusted Performance Rank of GABF is 7979
Overall Rank
The Sharpe Ratio Rank of GABF is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of GABF is 7878
Sortino Ratio Rank
The Omega Ratio Rank of GABF is 8181
Omega Ratio Rank
The Calmar Ratio Rank of GABF is 8383
Calmar Ratio Rank
The Martin Ratio Rank of GABF is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OND vs. GABF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares On-Demand ETF (OND) 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.


The current OND Sharpe Ratio is 1.66, which is higher than the GABF Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of OND and GABF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

OND vs. GABF - Dividend Comparison

OND has not paid dividends to shareholders, while GABF's dividend yield for the trailing twelve months is around 4.22%.


TTM2024202320222021
OND
ProShares On-Demand ETF
0.00%0.00%0.78%0.00%0.02%
GABF
Gabelli Financial Services Opportunities ETF
4.22%4.19%4.95%1.31%0.00%

Drawdowns

OND vs. GABF - Drawdown Comparison

The maximum OND drawdown since its inception was -98.80%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for OND and GABF.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

OND vs. GABF - Volatility Comparison

ProShares On-Demand ETF (OND) and Gabelli Financial Services Opportunities ETF (GABF) have volatilities of 5.27% and 5.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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