PGZ vs. GABF
PGZ (Principal Real Estate Income Fund) is a stock, while GABF (Gabelli Financial Services Opportunities ETF) is Financials Equities fund actively managed by Gabelli. Over the past 3 years, PGZ returned 15.84%/yr vs 20.81%/yr for GABF. At a 0.43 correlation, their price movements are largely independent.
Performance
PGZ vs. GABF - Performance Comparison
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Returns By Period
In the year-to-date period, PGZ achieves a 6.74% return, which is significantly higher than GABF's -3.61% return.
PGZ
- 1D
- -0.03%
- 1M
- 3.28%
- YTD
- 6.74%
- 6M
- 7.55%
- 1Y
- 8.40%
- 3Y*
- 15.84%
- 5Y*
- 2.17%
- 10Y*
- 4.01%
GABF
- 1D
- 0.99%
- 1M
- 2.96%
- YTD
- -3.61%
- 6M
- -4.39%
- 1Y
- -0.71%
- 3Y*
- 20.81%
- 5Y*
- —
- 10Y*
- —
PGZ vs. GABF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PGZ Principal Real Estate Income Fund | 6.74% | 14.50% | 17.99% | 4.05% | -16.76% |
GABF Gabelli Financial Services Opportunities ETF | -3.61% | 3.60% | 44.38% | 38.92% | -0.04% |
Correlation
The correlation between PGZ and GABF is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since May 10, 2022 | 0.43 |
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Return for Risk
PGZ vs. GABF — Risk / Return Rank
PGZ
GABF
PGZ vs. GABF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Real Estate Income Fund (PGZ) 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.
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.
| PGZ | GABF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.01 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.86 | -0.04 | +0.90 |
| Martin ratioReturn relative to average drawdown | 3.22 | -0.10 | +3.32 |
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Drawdowns
PGZ vs. GABF - Drawdown Comparison
The maximum PGZ drawdown since its inception was -53.58%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for PGZ and GABF.
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Drawdown Indicators
| PGZ | GABF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.58% | -20.86% | -32.72% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | -17.16% | +7.34% |
Max Drawdown (3Y)Largest decline over 3 years | -10.56% | -20.86% | +10.30% |
Max Drawdown (5Y)Largest decline over 5 years | -35.34% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.58% | — | — |
Current DrawdownCurrent decline from peak | -9.07% | -8.35% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -16.12% | -4.88% | -11.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 7.44% | -4.83% |
Volatility
PGZ vs. GABF - Volatility Comparison
The current volatility for Principal Real Estate Income Fund (PGZ) is 3.05%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.81%. This indicates that PGZ 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.
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Volatility by Period
| PGZ | GABF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 4.81% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 8.85% | 13.27% | -4.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.27% | 17.57% | -7.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 20.52% | -5.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.80% | 20.52% | +1.28% |
Dividends
PGZ vs. GABF - Dividend Comparison
PGZ's dividend yield for the trailing twelve months is around 12.42%, more than GABF's 2.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABF Gabelli Financial Services Opportunities ETF | 2.04% | 1.96% | 4.19% | 4.95% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PGZ Principal Real Estate Income Fund | 12.42% | 12.59% | 12.75% | 13.33% | 11.86% | 6.32% | 10.34% | 6.25% | 7.98% | 9.51% | 10.90% | 10.40% |
Frequently Asked Questions
PGZ and GABF have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GABF has higher volatility (4.81%) compared to PGZ (3.05%). In terms of maximum drawdown, PGZ dropped -53.58% vs GABF's -20.86%.
PGZ currently has the higher Sharpe Ratio (0.82 vs -0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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