Gabelli Etfs Trust Etf Profile
| GGRW Etf | USD 30.42 0.24 0.80% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Gabelli ETFs is selling for under 30.42 as of the 30th of November 2024; that is 0.80 percent increase since the beginning of the trading day. The etf's lowest day price was 29.97. Gabelli ETFs 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 ETFs Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will primarily invest in common stocks of companies that are relevant to its investment theme of innovation. Gabelli Growth is traded on NYSEARCA Exchange in the United States. More on Gabelli ETFs Trust
Moving together with Gabelli Etf
| 0.98 | VGT | Vanguard Information | PairCorr |
| 0.95 | XLK | Technology Select Sector | PairCorr |
| 0.98 | IYW | iShares Technology ETF | PairCorr |
| 0.69 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.91 | CIBR | First Trust NASDAQ | PairCorr |
Moving against Gabelli Etf
Gabelli Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, Gabelli (View all Sectors) |
| Issuer | Gabelli Funds |
| Inception Date | 2021-02-16 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Gabelli Funds, LLC |
| Advisor | Gabelli Funds, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | G.distributors, LLC |
| Portfolio Manager | Howard F. Ward, Christopher D. Ward |
| 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 | 42.95 |
| Name | Gabelli ETFs Trust - Gabelli Growth Innovators ETF |
| Currency Code | USD |
| Open Figi | BBG00Z8M8R70 |
| In Threey Volatility | 24.6 |
| 1y Volatility | 16.58 |
| 200 Day M A | 26.9659 |
| 50 Day M A | 29.1268 |
| Code | GGRW |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.02) |
| Type | ETF |
Gabelli ETFs Trust [GGRW] is traded in USA and was established 2021-02-16. The fund is listed under Technology category and is part of Gabelli family. The entity is thematically classified as Strategy ETFs. Gabelli ETFs Trust currently have 2.19 M in assets under management (AUM). , while the total return for the last 3 years was 3.4%.
Check Gabelli ETFs 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 ETFs Trust 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 ETFs Trust Etf Constituents
| CRWD | Crowdstrike Holdings | Stock | Information Technology | |
| GEV | GE Vernova LLC | Stock | Utilities | |
| BKNG | Booking Holdings | Stock | Consumer Discretionary | |
| MCO | Moodys | Stock | Financials | |
| TT | Trane Technologies plc | Stock | Industrials | |
| NOW | ServiceNow | Stock | Information Technology | |
| AJG | Arthur J Gallagher | Stock | Financials | |
| UBER | Uber Technologies | Stock | Industrials |
Gabelli ETFs Trust 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 ETFs. 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 | 0.1305 | |||
| Jensen Alpha | 0.0436 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0283 |
Gabelli ETFs Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gabelli ETFs Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Gabelli ETFs Trust 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 ETFs' value that differs from its market value or its book value, called intrinsic value, which is Gabelli ETFs' 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 ETFs' market value can be influenced by many factors that don't directly affect Gabelli ETFs' 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 ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gabelli ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gabelli ETFs' 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.