SUPL vs. GABF

Last updated Jul 14, 2026

SUPL (ProShares Supply Chain Logistics ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - SUPL is a Industrials Equities fund tracking the FactSet Supply Chain Logistics Index - Benchmark TR Net, while GABF is a Financials Equities fund actively managed by Gabelli. SUPL is passively managed, while GABF is actively managed. Over the past 3 years, SUPL returned 9.76%/yr vs 20.10%/yr for GABF. A 0.66 correlation means they provide meaningful diversification when combined. SUPL charges 0.58%/yr vs 0.10%/yr for GABF.

Performance

SUPL vs. GABF - Performance Comparison

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

Returns By Period

In the year-to-date period, SUPL achieves a 19.48% return, which is significantly higher than GABF's -2.34% return.

SUPL

• 1D: 0.25%
• 1M: -1.13%
• 6M: 14.42%
• YTD: 19.48%
• 1Y: 25.17%
• 3Y*: 9.76%
• 5Y*: —
• 10Y*: —

GABF

• 1D: -0.22%
• 1M: 1.32%
• 6M: -5.40%
• YTD: -2.34%
• 1Y: -4.10%
• 3Y*: 20.10%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SUPL vs. GABF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SUPL ProShares Supply Chain Logistics ETF	19.48%	9.25%	-2.44%	23.69%	-8.89%
GABF Gabelli Financial Services Opportunities ETF	-2.34%	3.60%	44.38%	38.92%	-0.04%

Correlation

The correlation between SUPL and GABF is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since May 10, 2022	0.66

The correlation between SUPL and GABF shifts across timeframes, from 0.53 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

SUPL vs. GABF - Sectors Allocation Comparison

Sectors	SUPL	GABF
Industrials	58.3%	4.9%
Energy	4.6%	-
Healthcare	4.1%	-
Utilities	2.8%	-
Technology	1.8%	5.2%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	85.6%
Real Estate	-	4.3%

Return for Risk

SUPL vs. GABF — Risk / Return Rank

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

SUPL

SUPL Risk / Return Rank: 58
SUPL Sharpe Ratio Rank: 57
SUPL Sortino Ratio Rank: 55
SUPL Omega Ratio Rank: 57
SUPL Calmar Ratio Rank: 65
SUPL Martin Ratio Rank: 57

GABF

GABF Risk / Return Rank: 7
GABF Sharpe Ratio Rank: 7
GABF Sortino Ratio Rank: 7
GABF Omega Ratio Rank: 7
GABF Calmar Ratio Rank: 7
GABF Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SUPL vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Supply Chain Logistics ETF (SUPL) 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.

	SUPL	GABF	Difference
Sharpe ratio: Return per unit of total volatility	1.53	-0.23	+1.77
Sortino ratio: Return per unit of downside risk	2.12	-0.20	+2.32
Omega ratio: Gain probability vs. loss probability	1.28	0.98	+0.30
Calmar ratio: Return relative to maximum drawdown	2.59	-0.24	+2.83
Martin ratio: Return relative to average drawdown	7.83	-0.53	+8.36

SUPL vs. GABF - Sharpe Ratio Comparison

The current SUPL Sharpe Ratio is 1.53, which is higher than the GABF Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of SUPL and GABF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SUPL vs. GABF - Drawdown Comparison

The maximum SUPL drawdown since its inception was -24.42%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for SUPL and GABF.

Drawdown Indicators

	SUPL	GABF	Difference
Max Drawdown Largest peak-to-trough decline	-24.42%	-20.86%	-3.56%
Max Drawdown (1Y) Largest decline over 1 year	-9.76%	-17.16%	+7.40%
Max Drawdown (3Y) Largest decline over 3 years	-21.71%	-20.86%	-0.85%
Current Drawdown Current decline from peak	-1.13%	-7.14%	+6.01%
Average Drawdown Average peak-to-trough decline	-5.88%	-4.94%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	7.78%	-4.55%

Volatility

SUPL vs. GABF - Volatility Comparison

ProShares Supply Chain Logistics ETF (SUPL) has a higher volatility of 5.37% compared to Gabelli Financial Services Opportunities ETF (GABF) at 4.51%. This indicates that SUPL's price experiences larger fluctuations and is considered to be riskier than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SUPL	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	4.51%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	13.39%	13.37%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	17.59%	-1.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	20.45%	-1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	20.45%	-1.52%

SUPL vs. GABF - Expense Ratio Comparison

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

Dividends

SUPL vs. GABF - Dividend Comparison

SUPL's dividend yield for the trailing twelve months is around 2.46%, more than GABF's 2.01% yield.

Position	TTM	2025	2024	2023	2022
GABF Gabelli Financial Services Opportunities ETF	2.01%	1.96%	4.19%	4.95%	1.31%
SUPL ProShares Supply Chain Logistics ETF	2.46%	3.03%	4.78%	4.71%	3.00%

Frequently Asked Questions

Can I hold both SUPL and GABF in my portfolio?

SUPL and GABF have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SUPL or GABF?

SUPL has higher volatility (5.37%) compared to GABF (4.51%). In terms of maximum drawdown, SUPL dropped -24.42% vs GABF's -20.86%.

Which ETF is better, SUPL or GABF?

On 3-year performance, GABF leads with 20.10% vs 9.76% for SUPL. On fees, GABF is cheaper at 0.10% per year. On volatility, GABF has been the lower-risk option at 4.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SUPL or GABF?

Over the 3-year period, GABF has performed better with a 20.10% return vs 9.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SUPL or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.58% for SUPL.

Which ETF pays a higher dividend yield, SUPL or GABF?

SUPL has the higher dividend yield at 2.46%, compared with 2.01% for GABF.

What is the main difference between SUPL and GABF?

SUPL is categorized as Industrials Equities, while GABF is Financials Equities. They also come from different issuers: ProShares and Gabelli. Their fees differ too: 0.58% for SUPL and 0.10% for GABF.

Which has better risk-adjusted returns?

SUPL currently has the higher Sharpe Ratio (1.53 vs -0.23), 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.