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

Correlation

The correlation between UFO and GABF is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

UFO vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Procure Space ETF (UFO) 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

UFO:

1.58

GABF:

1.08

Sortino Ratio

UFO:

2.26

GABF:

1.62

Omega Ratio

UFO:

1.27

GABF:

1.24

Calmar Ratio

UFO:

1.07

GABF:

1.31

Martin Ratio

UFO:

6.88

GABF:

4.54

Ulcer Index

UFO:

7.58%

GABF:

6.03%

Daily Std Dev

UFO:

34.47%

GABF:

24.30%

Max Drawdown

UFO:

-50.33%

GABF:

-20.86%

Current Drawdown

UFO:

-21.19%

GABF:

-5.87%

Returns By Period

In the year-to-date period, UFO achieves a 0.61% return, which is significantly higher than GABF's 0.26% return.


UFO

YTD

0.61%

1M

10.19%

6M

9.75%

1Y

53.90%

5Y*

8.47%

10Y*

N/A

GABF

YTD

0.26%

1M

11.31%

6M

-4.18%

1Y

26.13%

5Y*

N/A

10Y*

N/A

*Annualized

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UFO vs. GABF - Expense Ratio Comparison

UFO has a 0.75% expense ratio, which is higher than GABF's 0.10% expense ratio.


Risk-Adjusted Performance

UFO vs. GABF — Risk-Adjusted Performance Rank

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

UFO
The Risk-Adjusted Performance Rank of UFO is 8989
Overall Rank
The Sharpe Ratio Rank of UFO is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of UFO is 9292
Sortino Ratio Rank
The Omega Ratio Rank of UFO is 8989
Omega Ratio Rank
The Calmar Ratio Rank of UFO is 8484
Calmar Ratio Rank
The Martin Ratio Rank of UFO is 8989
Martin Ratio Rank

GABF
The Risk-Adjusted Performance Rank of GABF is 8585
Overall Rank
The Sharpe Ratio Rank of GABF is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of GABF is 8484
Sortino Ratio Rank
The Omega Ratio Rank of GABF is 8787
Omega Ratio Rank
The Calmar Ratio Rank of GABF is 8787
Calmar Ratio Rank
The Martin Ratio Rank of GABF is 8383
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.

UFO vs. GABF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) 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 UFO Sharpe Ratio is 1.58, which is higher than the GABF Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of UFO 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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Dividends

UFO vs. GABF - Dividend Comparison

Neither UFO nor GABF has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

UFO vs. GABF - Drawdown Comparison

The maximum UFO drawdown since its inception was -50.33%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for UFO and GABF. For additional features, visit the drawdowns tool.


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Volatility

UFO vs. GABF - Volatility Comparison

The current volatility for Procure Space ETF (UFO) is 6.26%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 6.83%. This indicates that UFO 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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