GAA vs. MDAA
GAA (Cambria Global Asset Allocation ETF) and MDAA (Myriad Dynamic Asset Allocation ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.67 correlation means they provide meaningful diversification when combined. GAA charges 0.41%/yr vs 0.97%/yr for MDAA.
Performance
GAA vs. MDAA - Performance Comparison
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Returns By Period
In the year-to-date period, GAA achieves a 6.98% return, which is significantly lower than MDAA's 16.10% return.
GAA
- 1D
- -2.33%
- 1M
- -1.58%
- YTD
- 6.98%
- 6M
- 7.10%
- 1Y
- 17.83%
- 3Y*
- 13.29%
- 5Y*
- 6.12%
- 10Y*
- 7.57%
MDAA
- 1D
- -3.38%
- 1M
- -0.04%
- YTD
- 16.10%
- 6M
- 15.40%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GAA vs. MDAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GAA Cambria Global Asset Allocation ETF | 6.98% | 3.56% |
MDAA Myriad Dynamic Asset Allocation ETF | 16.10% | -0.25% |
Correlation
The correlation between GAA and MDAA is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025 | 0.67 |
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Return for Risk
GAA vs. MDAA — Risk / Return Rank
GAA
MDAA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GAA vs. MDAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Global Asset Allocation ETF (GAA) and Myriad Dynamic Asset Allocation ETF (MDAA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GAA | MDAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.35 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.10 | — | — |
| Martin ratioReturn relative to average drawdown | 11.58 | — | — |
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Drawdowns
GAA vs. MDAA - Drawdown Comparison
The maximum GAA drawdown since its inception was -26.57%, which is greater than MDAA's maximum drawdown of -14.59%. Use the drawdown chart below to compare losses from any high point for GAA and MDAA.
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Drawdown Indicators
| GAA | MDAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.57% | -14.59% | -11.98% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -7.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -26.57% | — | — |
Current DrawdownCurrent decline from peak | -2.85% | -5.99% | +3.14% |
Average DrawdownAverage peak-to-trough decline | -3.84% | -3.04% | -0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | — | — |
Volatility
GAA vs. MDAA - Volatility Comparison
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Volatility by Period
| GAA | MDAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.96% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.56% | 25.25% | -15.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.37% | 25.25% | -13.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.12% | 25.25% | -14.13% |
GAA vs. MDAA - Expense Ratio Comparison
GAA has a 0.41% expense ratio, which is lower than MDAA's 0.97% expense ratio.
Dividends
GAA vs. MDAA - Dividend Comparison
GAA's dividend yield for the trailing twelve months is around 3.67%, more than MDAA's 0.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAA Cambria Global Asset Allocation ETF | 3.67% | 4.24% | 3.88% | 3.73% | 6.05% | 4.21% | 2.73% | 3.32% | 3.01% | 2.36% | 2.82% | 2.49% |
MDAA Myriad Dynamic Asset Allocation ETF | 0.40% | 0.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GAA and MDAA have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GAA is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GAA is cheaper with a 0.41% expense ratio, compared with 0.97% for MDAA.
GAA has the higher dividend yield at 3.67%, compared with 0.40% for MDAA.
They also come from different issuers: Cambria and Myriad. Their fees differ too: 0.41% for GAA and 0.97% for MDAA.
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