ETF Evaluator:
Gabelli Growth Innovators ETF ()
Follow This ETF
(as of Aug 20)
Best Performing in Technology Over the Last Year
| 136.7% | ASML Holding NV ADRhedged (ASMH) |
| 134.2% | Xtrackers Semiconductor Select Eq ETF (CHPS) |
| 129.4% | Invesco Semiconductors ETF (PSI) |
| 124.2% | First Trust Nasdaq Semiconductor ETF (FTXL) |
| 117.9% | VistaShares Artfcl Intlgc Supercycle ETF (AIS) |
Risk
Index
Risk
Index
ETF Details
Gabelli Growth Innovators ETF Overview
Gabelli Growth Innovators ETF (GGRW) is an actively managed Sector Equity Technology exchange-traded fund (ETF). Gabelli launched the ETF in 2021.
The investment seeks to provide capital appreciation.
The fund will primarily invest in common stocks of companies that are relevant to its investment theme of innovation. The fund's assets will be invested primarily in a broad range of readily marketable equity securities consisting of U.S. exchange-listed common stock and preferred stock. It may also invest in foreign securities by investing in American Depositary Receipts.
About Gabelli Growth Innovators ETF (GGRW)
There are 2 members of the management team with an average tenure of 3.81 years: Howard Ward (2021) and John Belton (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and NASDAQ Composite TR USD index with a weighting of 100%. Gabelli Growth Innovators ETF has 42 securities in its portfolio. The top 10 holdings constitute 46.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Gabelli Growth Innovators ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Gabelli Growth Innovators ETF has 2.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 90.2% There is 2.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Gabelli Growth Innovators ETF has 7.1% of the portfolio in cash.
Assets Under Management
The fund has $8 million in total assets, which is below the $3 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
GGRW Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Gabelli Growth Innovators ETF expense ratio is low compared to funds in the Technology category. Gabelli Growth Innovators ETF has an expense ratio of 0.00%, which is 100% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Gabelli Growth Innovators ETF has a portfolio turnover rate of 6%, which indicates that it holds its assets around / 0.2 years. By way of comparison, the average portfolio turnover is 39% for the Technology category.
Recently, in the month of July 2026, Gabelli Growth Innovators ETF returned -3.2%, which earned it a grade of B, as the Technology category had an average return of -9.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Gabelli Growth Innovators ETF has a trailing yield of 0.41%, which is below the 0.45% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Gabelli Growth Innovators ETF Grades
Year to date, the ETF has returned 4.6%, 16.8 percentage points worse than the category, which translates into a grade of F. The fund has returned 7.7% over the past year (grade of F), 23.7% over the past three years (grade of C) and 7.6% per year over the past five years (grade of D).
For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Gabelli Growth Innovators ETF, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
GGRW Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| GGRW Return (NAV) | -3.2% | 2.3% | 7.7% | 23.7% | 7.6% | na |
| GGRW Return (Price) | -4.7% | 1.7% | 5.7% | 23.1% | 7.4% | na |
| NAV +/- Price Return | 1.496% | 0.587% | 2.018% | 0.662% | 0.242% | na |
| Technology Avg | -9.8% | 7.3% | 33.6% | 22.3% | 10.5% | 19.0% |
| GGRW Grade (NAV) | B | D | F | C | D | na |
| +/- Category (NAV) | 6.6% | -5.0% | -25.9% | 1.4% | -2.9% | na |
| GGRW Tax-Cost Ratio | na | na | 0.2% | 0.1% | 0.0% | na |
GGRW Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| GGRW Return (NAV) | 4.6% | 18.1% | 41.8% | 42.2% | -43.9% | na | na | na | na | na | na |
| GGRW Return (Price) | 2.7% | 18.3% | 41.8% | 42.2% | -43.9% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.399% | 0.009% | -0.001% | 0.001% | 0.001% | na | na | na | na | na | na |
| Technology Avg | 21.3% | 23.2% | 19.9% | 43.8% | -35.8% | 16.7% | 53.3% | 37.8% | -3.2% | 33.7% | 15.0% |
| GGRW Grade (NAV) | F | D | A | C | D | na | na | na | na | na | na |
| +/- Category | -16.8% | -5.1% | 21.9% | -1.6% | -8.1% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.10 |
| R-Squared: | 70% |
| Standard Deviation: | 16.7% |
| Category Risk Index: | 0.63 |
| Category Risk Rating: | Low |
| Total Risk Index: | 1.36 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 8 Mil |
| Share Class Assets: | $ 8 Mil |
| Turnover: | 6.0% |
| Expense Ratio: | 0.00% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.5 years | |||
| Average Tenure: 3.8 years | |||
| Managers (Year): Ward Howard (2021), Belton John (2024) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 42 |
| % in Top 10 Holdings: | 46.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.7% |
Portfolio Allocation |
|
| Domestic Stock: | 90.2% |
| Foreign Stock: | 2.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 7.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Gabelli |
| Phone Number: | 800-422-3554 |
| Website: | |
| Inception Date: | February 16, 2021 |
Expenses and Fees
| Expense Ratio (%): | 0.00% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.54% |
