Gabelli Financial Services Opportunities ETF (GABF) Performance
GABF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −7.4% since Dec 31, 2025
- 1 year
- −7.6% total return
- 3 years
- +20.2% a year
- Since first price
- +15.9% a year since 2022
GABF trailing returns vs SPY, QQQ, AGG
| Period | GABF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −0.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.7% | −3.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.2% | −3.2% | +7.8% | +8.4% | −1.5% |
| YTD | −7.4% | −7.4% | +12.3% | +15.1% | −1.0% |
| 1 year | −7.6% | −9.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.7%+20.2%/yr | +55.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionMay 9, 2022 | +93.2%+15.9%/yr | +71.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GABF vs SPY
From May 9, 2022: GABF grew to $19,321, SPY to $20,272.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GABF returns by calendar year
3 of 3 full years positive. Best 2024 (+44.4%), worst 2025 (+3.6%). 2026 is year to date.
GABF annual returns table
| Year | GABF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −7.4% | −16.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +3.6% | −20.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +44.4% | −9.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +38.9% | −14.1% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GABF largest drawdowns
Now 11.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 6, 2025 | −20.9% | Apr 8, 2025 | Jul 10, 2025 | 2 months | 5 months |
| Sep 18, 2025 | −17.2% | Mar 27, 2026 | not yet | 6 months | 1.1 years so far |
| Aug 16, 2022 | −17.1% | Oct 12, 2022 | Jan 17, 2023 | 57 days | 5 months |
| Feb 7, 2023 | −14.1% | Mar 24, 2023 | Jul 13, 2023 | 45 days | 5 months |
| Jun 2, 2022 | −13.5% | Jun 16, 2022 | Aug 11, 2022 | 14 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GABF risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +17.3% | +14.0% |
| Volatility (annualized) | 17.5% | 20.3% |
| Sharpe ratio | 0.76 | 0.55 |
| Sortino ratio | 1.31 | 0.91 |
| Best month | +11.8% | +13.9% |
| Worst month | −9.7% | −12.2% |
| Best 12 months | +68.7% | +68.7% |
| Worst 12 months | −11.1% | −11.1% |
| Positive months | 61% | 56% |
| Beta vs S&P 500 | 1.00 | — |
| Correlation with S&P 500 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GABF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 42 | −11.1% | +22.0% | +68.7% | 74% |
| 3-year (a year) | 18 | +17.3% | +22.7% | +32.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
GABF performance overview
Gabelli Financial Services Opportunities ETF (GABF) returned −7.6% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +15.9% a year, turning $10,000 into about $19,321. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −20.9%, from Feb 6, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. GABF finished 3 of its 3 full calendar years with a gain; the best year was 2024 (+44.4%) and the worst 2025 (+3.6%). Volatility has been 20.3% a year.
Related: GABF chart, GABF holdings, GABF dividends, GABF valuation. See the GABF overview for the latest quote and fund facts.
GABF performance FAQ
What is the GABF return over the past year?
GABF returned −7.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 9.3%.
How much would $10,000 invested in GABF be worth?
$10,000 invested in GABF at its first recorded close on May 9, 2022 would be worth about $19,321 on October 23, 2026 with distributions reinvested.
What was the worst year for GABF?
The worst calendar year was 2025, with a total return of +3.6%. The best was 2024 at +44.4%.
What is the biggest drawdown of GABF?
The largest peak-to-trough decline was −20.9% between February 6, 2025 and April 8, 2025. It recovered to the old high on July 10, 2025, 3 months after the bottom.
How volatile is GABF?
Over the past 3 years GABF had an annualized volatility of 17.5% and a Sharpe ratio of 0.76 (excess return over 1–3 month T-bills per unit of risk).