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CEFS vs GBAB

Comparison between SABA CLOSED-END FUNDS ETF (CEFS, ETF) and Guggenheim Taxbl Muni Bnd & Invtmnt Grd Debt Trst Com Shrs Of benf Int (GBAB, ETF).

5-Year PerformanceCEFS has outperformed GBAB, delivering a return of +13.4% compared to -2.2%

CEFS vs GBAB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
CEFS
$402M
GBAB
$400M
Expense Ratio
CEFS
2.61%
GBAB
N/A
Max Drawdown
Winner
CEFS
41.61%
GBAB
47.18%
Sharpe Ratio
Winner
CEFS
1.66
GBAB
0.11
5Y Beta
CEFS
0.54
Winner
GBAB
0.24
5Y Dividends CAGR
Winner
CEFS
2.98%
GBAB
1.61%

CEFS vs GBAB - Historical Returns

Returns include dividend reinvestment.

1M
Winner
CEFS
+2.07%
GBAB
-0.43%
3M
Winner
CEFS
+9.83%
GBAB
-5.18%
6M
Winner
CEFS
+14.36%
GBAB
-3.90%
1Y
Winner
CEFS
+22.30%
GBAB
+5.07%
5Y(CAGR)
Winner
CEFS
+13.41%
GBAB
-2.23%
10Y(CAGR)
Winner
CEFS
+11.88%
GBAB
+3.00%
Max(CAGR)
Winner
CEFS
+11.88%
GBAB
+5.45%

CEFS vs GBAB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

YearCEFSGBAB
2026+13.05%-1.49%
2025+16.85%+7.76%
2024+23.95%+2.63%
2023+21.43%+9.33%
2022-7.25%-24.65%
2021+18.25%-0.49%
2020+3.04%+13.95%
2019+27.73%+15.05%
2018-9.86%+3.76%
2017+7.63%+13.63%
2016N/A+5.95%
2015N/A+3.50%
2014N/A+20.67%
2013N/A-7.41%
2012N/A+15.12%
2011N/A+26.50%
2010N/A-9.15%

CEFS vs GBAB Drawdown Comparison

The maximum drawdown for CEFS was -39.03%, occurring on Mar 23, 2020. Recovery took 192 trading sessions.

The maximum drawdown for GBAB was -35.78%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current CEFS drawdown is -2.37%. The current GBAB drawdown is -14.91%.

RankCEFSGBAB
#1-39.03%
Feb 20, 2020 - Nov 20, 2020
-35.78%
Sep 15, 2021 - Oct 14, 2022
#2-16.84%
Nov 16, 2021 - Feb 2, 2023
-29.93%
Feb 25, 2020 - Aug 21, 2020
#3-16.63%
Jan 25, 2018 - Feb 22, 2019
-14.88%
May 13, 2013 - May 29, 2014
#4-13.36%
Feb 18, 2025 - Jun 4, 2025
-14.48%
May 13, 2016 - May 25, 2017
#5-11.03%
Aug 1, 2023 - Nov 30, 2023
-12.24%
Nov 4, 2010 - May 31, 2011
#6-9.98%
Feb 2, 2023 - Jun 12, 2023
-11.67%
Jan 29, 2015 - Nov 2, 2015
#7-5.93%
Jul 15, 2024 - Aug 27, 2024
-10.68%
Feb 5, 2021 - Aug 4, 2021
#8-5.85%
Mar 28, 2024 - May 10, 2024
-8.94%
Sep 4, 2018 - Dec 4, 2018
#9-5.66%
Feb 26, 2026 - Apr 9, 2026
-8.46%
Feb 3, 2016 - Apr 8, 2016
#10-4.45%
Dec 11, 2024 - Jan 17, 2025
-7.73%
Jan 8, 2018 - Aug 31, 2018
#11-4.29%
May 3, 2019 - Jun 20, 2019
-7.48%
Oct 9, 2019 - Feb 21, 2020
#12-3.73%
Jul 17, 2019 - Oct 16, 2019
-7.30%
Sep 26, 2012 - May 1, 2013
#13-3.66%
Dec 28, 2023 - Jan 26, 2024
-6.81%
Aug 22, 2019 - Oct 9, 2019
#14-3.28%
Oct 30, 2025 - Nov 28, 2025
-6.41%
Mar 12, 2012 - Apr 27, 2012
#15-3.13%
Oct 24, 2017 - Dec 20, 2017
-5.64%
Nov 11, 2020 - Dec 29, 2020

Correlation

Correlation between CEFS and GBAB is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.40
-101

Dividend Comparison (2011 - 2026)

CEFS vs GBAB dividend yield comparison.

YearCEFSGBAB
20262.80%4.47%
20257.84%10.11%
20248.79%9.92%
20239.20%9.32%
202211.32%9.22%
202110.73%6.36%
20208.61%5.92%
20198.10%6.37%
201810.43%6.88%
20175.02%6.64%
20160.00%7.51%
20150.00%7.78%
20140.00%7.48%
20130.00%8.32%
20120.00%6.82%
20110.00%6.69%

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