GABF

Gabelli Financial Services Opportunities ETF

$46.01

+0.00%

Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The Gabelli Financial Services Opportunities ETF (GABF) seeks to provide investment results that correspond generally to the price and yield performance of the Gabelli Financial Services Opportunities Index.

Overview

ETF tracking Gabelli Financial Services Opportunities ETF

Category Financials

Issuer Other

Inception Date 2022-05-10

Market Cap $36.8M

Average Volume N/A

Dividend Yield 4.14%

52-Week Range $38.32 - $50.35

VWAP $45.82

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of financial services companies that the index provider believes are undervalued or have the potential for growth. The fund uses a passive indexing approach to track the performance of the underlying index.

✨ Key Features

Focuses on the financial services sector, including banks, insurance providers, asset managers, and other financial institutions
Utilizes a passive indexing strategy to track the Gabelli Financial Services Opportunities Index
Low expense ratio of 0.00%
Relatively new ETF with limited performance history

⚠️ Primary Risks

Sector concentration risk, as the fund is focused solely on the financial services industry
Potential volatility and risk associated with investing in the financial sector
Tracking error risk, as the fund may not perfectly replicate the performance of the underlying index
Limited performance history, making it difficult to assess long-term viability

👤 Best For

The Gabelli Financial Services Opportunities ETF may be suitable for investors seeking exposure to the financial services sector as part of a diversified portfolio. However, due to the fund's limited track record and sector concentration, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.