AVRE vs GABF

AVREAAvantis Real Estate ETF

GABFFGabelli Financial Services Opportunities ETF

In short

AVRE Landlord exposure at index-fund pricing. AVRE holds roughly 300 REITs and property companies worldwide, measured against the S&P Global REIT Index, for 0.17% a year while the typical fund in its active-equity peer group charges far more.

GABF Mario Gabelli's deal-hunting playbook, pointed at one sector: GABF runs an actively managed, concentrated book of financial-services stocks picked on what a strategic buyer would pay and what might unlock that value.

Stated mandate

AVRE The fund seeks long-term capital appreciation.

GABF The Fund seeks concentrated exposure to companies principally engaged in financial-services industries, investing at least 80% of net assets in those companies' securities under normal conditions.

Why people hold it

• AVRE 0.17% a year, a fraction of the median expense ratio in its active-equity peer group. Fees are the one part of a real estate return you know in advance.avantisinvestors.com
• Global by design: US and developed-market property owners across roughly 300 names, so no single office tower or mall operator sets the tone.avantisinvestors.com
• Rent shows up on a schedule. The fund distributes quarterly, and its stated objective is long-term capital appreciation rather than a yield target.avantisinvestors.com
• On cost and structure it sits among the strongest implementations in its peer group, with a clean record: no structural flags, no scoring caps.

• GABF Private Market Value with a Catalyst: holdings are sized against what a strategic buyer would pay for the whole company, with an eye on the trigger (buyout, management change) that could surface it.gabelli.com
• Active and fully transparent: holdings are disclosed daily, so the concentrated, non-diversified portfolio is visible rather than inferred from quarterly reports.gabelli.comgabelli.com 2
• A narrow, clearly drawn mandate: at least 80% of net assets in financial-services companies under normal conditions, run with a value discipline instead of as an index clone.

Worth knowing

• AVRE One sector, one story. Real estate reacts hard to interest rates and credit conditions, so this moves on its own schedule versus a broad stock fund.
• Global reach means foreign-currency property markets ride along, adding exchange-rate movement on top of the underlying real estate returns.avantisinvestors.com
• Launched in 2021, so its live history is short next to REIT funds that have been through multiple property cycles.

• GABF Costs 1.24% net of a waiver through April 30, 2027 (1.64% gross), above the category median; index-style rivals such as TRUT (0.14%) and AVRE (0.17%) sit far below.
• A small fund that trades lightly, which can mean wider bid-ask spreads and more price impact on larger orders than the category's household names.
• Non-diversified and tied to one sector, so a single issuer or a financials-wide swing moves it hard; cash goes out once or twice a year, not monthly.gabelli.com

Full AVRE profile⁠

Full GABF profile⁠