GABFGabelli Financial Services Opportunities ETF

Grow my money4y track recordRanked #2,596 of 2,960 in this goal

Seeks to provide capital appreciation.

By Gabelli · Launched 2022

Annual Cost

1.24%

#5,248 of 5,562 · expensive

Fund Size

$53M

#3,523 of 5,562 · mid-size

Return (1Y)Goal

+0.6%

Track Record

4 years

#2,680 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$9,997-0.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Sector

Financials

What it actually holds

By weight

Concentration

Top 10 holdings = 50.3% of fundmoderately concentrated

SuRo Capital Corp

6.1%

Berkshire Hathaway Inc

6.0%

JPMorgan Chase & Co

5.1%

Wells Fargo & Co

5.1%

Cohen & Steers Inc

5.1%

KKR & Co Inc

5.0%

Fiserv Inc

4.7%

Blue Owl Capital Inc

4.6%

Blackstone Inc

4.3%

W R Berkley Corp

4.2%

Asset allocation

Stocks

98.7%

Cash

1.3%

By sector

Financial Services

85.6%

Technology

5.2%

Industrials

4.9%

Real Estate

4.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

17.5%Moderate

Year-on-year price swings

Max drawdown

-20.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.89Decent risk-adjusted returns

Sortino (3Y)

1.27Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide capital appreciation.
Strategy: Invests primarily in securities of companies in the financial services sector, concentrating at least 25% of net assets in this sector. May invest in equity securities, including common and preferred stock, and foreign securities. The Adviser seeks undervalued assets and considers various factors, including price and earnings expectations, to identify potential catalysts for value.
Inception date: May 9, 2022
Fund family: Gabelli