EQTY vs GAB
Kovitz Core Equity ETF vs Gabelli Equity Trust
Which is better, EQTY or GAB?
EQTY has been ahead.
EQTY has a lower expense ratio. EQTY led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EQTY | GAB |
|---|---|---|
| Expense Ratio | 0.99%Best | 1.50% |
| AUM | $1.4B | $2.3B |
| Dividend Yield | 0.02% | 10.73% |
| Holdings | 77 | 737 |
| YTD Return | +12.60%Best | -3.44% |
| 1Y Return | +16.37%Best | -0.06% |
| 3Y Return (annualized) | +19.06%Best | +15.74% |
| 5Y Return (annualized) | - | +5.33% |
| Volatility (annualized) | 12.8%Best | 14.6% |
| Max Drawdown | -17.3%Best | -19.6% |
| $10,000 over 3.9 years | $18,669Best | $14,130 |
| Fund Family | Kovitz Investment Group | Gabelli Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | Aug 21, 1986 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 12, 2022 to Nov 11, 2026 (3.9 years).
EQTY vs GAB growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
EQTY vs GAB Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and Gabelli Equity Trust (GAB) is an ETF from Gabelli Funds. Over the past year EQTY returned +16.37% while GAB returned -0.06%. Year to date, EQTY is up 12.60% versus a loss of 3.44% for GAB.
Over three years, EQTY compounded at +19.06% per year against +15.74% for GAB. Across the full 4-year window we track, EQTY has the edge at +17.36% annualized vs +9.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GAB has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 12.8% for EQTY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.3% for EQTY and -19.6% for GAB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EQTY charges 0.99% per year while GAB charges 1.50%. On a $10,000 position that is $99 vs $150 annually, a gap of $51 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 10.73% for GAB.
Holdings Overlap
At least 72.1% of EQTY's money is in holdings GAB also owns.
Stated as a floor: for GAB, our book for it covers 93.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of EQTY is already inside GAB. Owning both mostly buys the same companies twice.
The two holdings books were reported 107 days apart, EQTY as of Oct 15, 2026 and GAB as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
25 positions in common, counted across the 37 positions we hold weights for in EQTY and 706 in GAB, against full books of 77 and 737.
Top Shared Holdings
| Stock | Weight in EQTY | Weight in GAB | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.24% | 0.15% | 5.09% |
| VVisa Inc Class A | 4.89% | 0.16% | 4.73% |
| PMPhilip Morris International Inc. | 4.17% | 0.35% | 3.82% |
| GOOGAlphabet Inc. C | 3.96% | 0.44% | 3.52% |
| WATWaters Corp. | 4.30% | 0.06% | 4.24% |
| ICEInterContinental Hotels Group PLC Ord Gbp0.208521303 | 4.29% | 0.04% | 4.25% |
| SCHWSchwab Strategic T | 4.30% | 0.00% | 4.30% |
| AONAon Public Limited Company Cl. A | 3.99% | 0.00% | 3.99% |
| CARRCarrier Global Corporation | 3.57% | 0.04% | 3.53% |
| SPGIS&p Global Inc. | 2.92% | 0.67% | 2.25% |
72.1% of EQTY is already inside GAB.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EQTY or GAB?
EQTY has an expense ratio of 0.99% while GAB charges 1.50%. EQTY is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, EQTY or GAB?
Over the past year EQTY returned +16.37% vs -0.06% for GAB, so EQTY leads on 1-year performance. Over the longest common window we track (4 years), EQTY annualized +17.36% vs +9.27% for GAB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or GAB?
GAB has been the more volatile fund at 14.6% annualized versus 12.8% for EQTY. Worst drawdown: EQTY -17.3% vs GAB -19.6%.
Should I hold both EQTY and GAB?
EQTY and GAB have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EQTY and GAB?
At least 72.1% of EQTY's money is in holdings GAB also owns. Our book for GAB is partial, so the real figure is this or higher. They hold 25 positions in common, counted across the 37 positions we hold weights for in EQTY and 706 in GAB.
Which pays a higher dividend, EQTY or GAB?
EQTY yields 0.02% while GAB yields 10.73%, so GAB currently pays the higher dividend yield.
Is GAB better than EQTY?
EQTY has a lower expense ratio. EQTY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.