GABF vs IVV
Gabelli Financial Services Opportunities ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | GABF | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 1.08% | 0.03% | |
| AUM | $55M | $907.0B | |
| Dividend Yield | 2.00% | 1.10% | |
| Holdings | 44 | 508 | |
| YTD Return | +1.38% | +14.29% | |
| 1Y Return | -1.02% | +21.79% | |
| 3Y Return (annualized) | +20.94% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 19.8% | 15.1% | |
| Max Drawdown | -20.9% | -56.5% | |
| Fund Family | Gabelli Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | May 10, 2022 | May 15, 2000 |
GABF vs IVV Performance
Gabelli Financial Services Opportunities ETF (GABF) is a ETF from Gabelli Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year GABF returned -1.02% while IVV returned +21.79%. Year to date, GABF is up 1.38% versus a gain of 14.29% for IVV.
Over three years, GABF compounded at +20.94% per year against +22.19% for IVV. Across the full 4-year window we track, GABF has the edge at +19.37% annualized vs +7.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GABF has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 15.1% for IVV. 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 -20.9% for GABF and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GABF charges 1.08% per year while IVV charges 0.03%. On a $10,000 position that is $108 vs $3 annually, a gap of $105 per year that compounds over a long holding period. On income, GABF currently yields 2.00% against 1.10% for IVV.
Holdings Overlap
GABF and IVV share 23 holdings out of 522 unique holdings combined, representing a 6.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GABF or IVV?
GABF has an expense ratio of 1.08% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $105 per year of difference.
Which performed better, GABF or IVV?
Over the past year GABF returned -1.02% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (4 years), GABF annualized +19.37% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, GABF or IVV?
GABF has been the more volatile fund at 19.8% annualized versus 15.1% for IVV. Worst drawdown: GABF -20.9% vs IVV -56.5%.
Should I hold both GABF and IVV?
GABF and IVV have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GABF and IVV?
GABF and IVV share 23 common holdings with a 6.4% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, GABF or IVV?
GABF yields 2.00% while IVV yields 1.10%, so GABF currently pays the higher dividend yield.
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