Gabelli Financial Services Etf Profile
| GABF Etf | USD 50.15 0.21 0.42% |
Performance17 of 100
| Odds Of DistressLess than 9
|
Gabelli Financial is trading at 50.15 as of the 28th of November 2024. This is a 0.42 percent increase since the beginning of the trading day. The etf's lowest day price was 50.11. Gabelli Financial has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Gabelli Financial Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of the value of its net assets, in the securities of companies principally engaged in the group of industries comprising the financial services sector. Gabelli Financial is traded on NYSEARCA Exchange in the United States.. More on Gabelli Financial Services
Moving together with Gabelli Etf
| 0.98 | XLF | Financial Select Sector Aggressive Push | PairCorr |
| 0.96 | VFH | Vanguard Financials Index | PairCorr |
| 0.94 | KRE | SPDR SP Regional Aggressive Push | PairCorr |
| 0.95 | KBE | SPDR SP Bank Sell-off Trend | PairCorr |
| 0.98 | IYF | iShares Financials ETF | PairCorr |
| 0.98 | FNCL | Fidelity MSCI Financials | PairCorr |
Moving against Gabelli Etf
Gabelli Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Financials ETFs, Financial, Gabelli (View all Sectors) |
| Issuer | Gabelli Funds |
| Inception Date | 2022-05-09 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Sector |
| Focus | Financials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Gabelli Funds, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | G.distributors, LLC |
| Portfolio Manager | Macrae Sykes |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Market Maker | GTS |
| Total Expense | 0.9 |
| Management Fee | 0.9 |
| Country Name | USA |
| Returns Y T D | 52.94 |
| Name | Gabelli Financial Services Opportunities ETF |
| Currency Code | USD |
| Open Figi | BBG017B6PBW0 |
| 1y Volatility | 13.78 |
| 200 Day M A | 39.8208 |
| 50 Day M A | 45.4815 |
| Code | GABF |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Gabelli Financial Services [GABF] is traded in USA and was established 2022-05-09. The fund is listed under Financial category and is part of Gabelli family. The entity is thematically classified as Sector ETFs. Gabelli Financial currently have 4.83 M in assets under management (AUM). , while the total return for the last year was 69.5%.
Check Gabelli Financial Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Gabelli Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Gabelli Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Gabelli Financial Services Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Gabelli Financial Services Etf Constituents
| FDS | FactSet Research Systems | Stock | Financials | |
| IBKR | Interactive Brokers Group | Stock | Financials | |
| CB | Chubb | Stock | Financials | |
| MS | Morgan Stanley | Stock | Financials | |
| PNC | PNC Financial Services | Stock | Financials | |
| MCO | Moodys | Stock | Financials | |
| SAMG | Silvercrest Asset Management | Stock | Financials | |
| NDAQ | Nasdaq Inc | Stock | Financials |
Gabelli Financial Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gabelli Financial. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1904 | |||
| Jensen Alpha | 0.1334 | |||
| Total Risk Alpha | 0.0972 | |||
| Sortino Ratio | 0.2025 |
Gabelli Financial Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli Financial Services. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
The market value of Gabelli Financial is measured differently than its book value, which is the value of Gabelli that is recorded on the company's balance sheet. Investors also form their own opinion of Gabelli Financial's value that differs from its market value or its book value, called intrinsic value, which is Gabelli Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gabelli Financial's market value can be influenced by many factors that don't directly affect Gabelli Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gabelli Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.