CARK vs. GARY

Last updated Jun 6, 2026

CARK (Castleark Large Growth ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. CARK charges 0.54%/yr vs 0.77%/yr for GARY.

Performance

CARK vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Castleark Large Growth ETF (CARK) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CARK achieves a 4.65% return, which is significantly lower than GARY's 25.28% return.

CARK

• 1D: -3.52%
• 1M: -0.36%
• YTD: 4.65%
• 6M: 4.88%
• 1Y: 17.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GARY

• 1D: -4.30%
• 1M: 3.59%
• YTD: 25.28%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CARK vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
CARK Castleark Large Growth ETF	4.65%	-0.20%
GARY Mango Growth ETF	25.28%	0.25%

Correlation

The correlation between CARK and GARY is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.87

Return for Risk

CARK vs. GARY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CARK

CARK Risk / Return Rank: 27
CARK Sharpe Ratio Rank: 30
CARK Sortino Ratio Rank: 28
CARK Omega Ratio Rank: 29
CARK Calmar Ratio Rank: 24
CARK Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CARK vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Castleark Large Growth ETF (CARK) and Mango Growth ETF (GARY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CARK	GARY	Difference
Sharpe ratio: Return per unit of total volatility	1.01	—	—
Sortino ratio: Return per unit of downside risk	1.43	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.06	—	—
Martin ratio: Return relative to average drawdown	3.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CARK	GARY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	3.28	-2.40

Drawdowns

CARK vs. GARY - Drawdown Comparison

The maximum CARK drawdown since its inception was -25.22%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for CARK and GARY.

Drawdown Indicators

	CARK	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-25.22%	-10.28%	-14.94%
Max Drawdown (1Y) Largest decline over 1 year	-16.50%	—	—
Current Drawdown Current decline from peak	-4.93%	-4.86%	-0.07%
Average Drawdown Average peak-to-trough decline	-4.44%	-1.70%	-2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.89%	—	—

Volatility

Volatility by Period

	CARK	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.42%	20.25%	-2.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.80%	20.25%	+0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.80%	20.25%	+0.55%

CARK vs. GARY - Expense Ratio Comparison

CARK has a 0.54% expense ratio, which is lower than GARY's 0.77% expense ratio.

Dividends

CARK vs. GARY - Dividend Comparison

CARK's dividend yield for the trailing twelve months is around 0.01%, less than GARY's 0.04% yield.

Position	TTM	2025	2024
CARK Castleark Large Growth ETF	0.01%	0.01%	0.02%
GARY Mango Growth ETF	0.04%	0.05%	0.00%

Frequently Asked Questions

Can I hold both CARK and GARY in my portfolio?

CARK and GARY have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CARK or GARY?

On fees, CARK is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CARK or GARY?

CARK is cheaper with a 0.54% expense ratio, compared with 0.77% for GARY.

Which ETF pays a higher dividend yield, CARK or GARY?

GARY has the higher dividend yield at 0.04%, compared with 0.01% for CARK.

What is the main difference between CARK and GARY?

They also come from different issuers: CastleArk and Mango. Their fees differ too: 0.54% for CARK and 0.77% for GARY.