Premium Access   

Gabelli Equity Trust (GAB) - CEF


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Avg Vol421k
52 wk High6.26
52 wk Low4.59
Inception:Jan 1994
Total Returns:
1 day-0.5%
5 day-2.6%
1 month-5.1%
3 month-5.4%
6 month-4.9%
9 month-9.1%
1 year-11.0%
Price Data: Closing Price
Compare Funds:
Correlated Group: Diversified (View cGroup) (All Groups)

Correlated Funds

Most Directly Correlated
Royce Value TrustRVT0.69  
EV Tax Advantaged Dividend IncEVT0.67  
Gabelli Dividend & IncomeGDV0.66  
EV Tax-Mgd Gbl Div Equity IncomeEXG0.65  
Adams ExpressADX0.64  
AllianzGI NFJ Div Interest & PremNFJ0.62  
BlackRock Enhanced Cap & IncCII0.62  
AllianzGI Equity & Conv IncNIE0.61  
Tri-Continental CorporationTY0.61  
AllianzGI Convertible & IncomeNCV0.61  
Least Correlated
BlackRock Muni Inter DurationMUI0.13  
Nuveen Dividend Advantage 3NZF0.12  
BlackRock MuniYield Qty IIIMYI0.11  
BlackRock CA Municipal IncomeBFZ0.08  
BlackRock Municipal Income IIBLE0.08  
BlackRock Core BondBHK0.08  
PIMCO Municipal Income IIPML0.07  
BlackRock Muni Target Term TrBTT0.07  
Putnam Municipal OpportunitiesPMO0.01  
Nuveen CA AMT-Tax Free Muni InNKX-0.05  
Most Inversely Correlated
Nuveen CA AMT-Tax Free Muni InNKX-0.05  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2023-05-26.

Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.

Important Disclaimer: The information provided by is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by: IEX Cloud