PFIG vs. GABF
Compare and contrast key facts about Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) and Gabelli Financial Services Opportunities ETF (GABF).
PFIG and GABF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFIG is a passively managed fund by Invesco that tracks the performance of the RAFI Bonds US Investment Grade 1-10 Index. It was launched on Sep 15, 2011. 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: PFIG or GABF.
Correlation
The correlation between PFIG and GABF is 0.25, 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
PFIG vs. GABF - Performance Comparison
Key characteristics
PFIG:
0.79
GABF:
2.72
PFIG:
1.18
GABF:
3.69
PFIG:
1.14
GABF:
1.50
PFIG:
0.48
GABF:
4.68
PFIG:
3.43
GABF:
19.37
PFIG:
1.04%
GABF:
2.36%
PFIG:
4.50%
GABF:
16.79%
PFIG:
-15.58%
GABF:
-17.14%
PFIG:
-2.56%
GABF:
-4.99%
Returns By Period
In the year-to-date period, PFIG achieves a 3.20% return, which is significantly lower than GABF's 45.89% return.
PFIG
3.20%
-0.35%
2.81%
3.05%
1.06%
2.24%
GABF
45.89%
-4.61%
25.46%
45.04%
N/A
N/A
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PFIG vs. GABF - Expense Ratio Comparison
PFIG has a 0.22% expense ratio, which is higher than GABF's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PFIG vs. GABF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) 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
PFIG vs. GABF - Dividend Comparison
PFIG's dividend yield for the trailing twelve months is around 4.12%, while GABF has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFIG Invesco Fundamental Investment Grade Corporate Bond ETF | 4.12% | 3.54% | 2.57% | 3.34% | 2.81% | 2.92% | 2.88% | 2.54% | 2.59% | 2.57% | 2.39% | 2.19% |
GABF Gabelli Financial Services Opportunities ETF | 0.00% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PFIG vs. GABF - Drawdown Comparison
The maximum PFIG drawdown since its inception was -15.58%, smaller than the maximum GABF drawdown of -17.14%. Use the drawdown chart below to compare losses from any high point for PFIG and GABF. For additional features, visit the drawdowns tool.
Volatility
PFIG vs. GABF - Volatility Comparison
The current volatility for Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is 1.10%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.83%. This indicates that PFIG 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.