GAVA vs. ATMP

Last updated Jul 12, 2026

GAVA (Grayscale Avalanche Staking ETF) and ATMP (Barclays ETN+ Select MLP ETN) are both exchange-traded funds - GAVA is a Cryptocurrency fund actively managed by Grayscale, while ATMP is a MLPs fund tracking the CIBC Atlas Select MLP VWAP. GAVA is actively managed, while ATMP is passively managed. At a correlation of -0.30, they often move in opposite directions. GAVA charges 0.35%/yr vs 0.95%/yr for ATMP.

Performance

GAVA vs. ATMP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Avalanche Staking ETF (GAVA) and Barclays ETN+ Select MLP ETN (ATMP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GAVA

• 1D: 0.38%
• 1M: 3.09%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ATMP

• 1D: -0.31%
• 1M: 1.28%
• 6M: 21.51%
• YTD: 22.14%
• 1Y: 21.72%
• 3Y*: 20.35%
• 5Y*: 16.24%
• 10Y*: 4.46%

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

GAVA vs. ATMP - Yearly Performance Comparison

	2026 (YTD)
GAVA Grayscale Avalanche Staking ETF	-29.06%
ATMP Barclays ETN+ Select MLP ETN	3.63%

Correlation

The correlation between GAVA and ATMP is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	-0.30

Return for Risk

GAVA vs. ATMP — Risk / Return Rank

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

GAVA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ATMP

ATMP Risk / Return Rank: 56
ATMP Sharpe Ratio Rank: 56
ATMP Sortino Ratio Rank: 56
ATMP Omega Ratio Rank: 51
ATMP Calmar Ratio Rank: 67
ATMP Martin Ratio Rank: 47

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.

GAVA vs. ATMP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Avalanche Staking ETF (GAVA) and Barclays ETN+ Select MLP ETN (ATMP). 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.

	GAVA	ATMP	Difference
Sharpe ratio: Return per unit of total volatility	—	1.53	—
Sortino ratio: Return per unit of downside risk	—	2.18	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.68	—
Martin ratio: Return relative to average drawdown	—	6.29	—

Drawdowns

GAVA vs. ATMP - Drawdown Comparison

The maximum GAVA drawdown since its inception was -40.42%, smaller than the maximum ATMP drawdown of -80.86%. Use the drawdown chart below to compare losses from any high point for GAVA and ATMP.

Drawdown Indicators

	GAVA	ATMP	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-80.86%	+40.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.48%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.98%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-75.66%	—
Current Drawdown Current decline from peak	-33.83%	-4.41%	-29.42%
Average Drawdown Average peak-to-trough decline	-16.75%	-30.94%	+14.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.52%	—

Volatility

Volatility by Period

	GAVA	ATMP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.12%	14.50%	+39.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.12%	22.11%	+32.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.12%	27.64%	+26.48%

GAVA vs. ATMP - Expense Ratio Comparison

GAVA has a 0.35% expense ratio, which is lower than ATMP's 0.95% expense ratio.

Dividends

GAVA vs. ATMP - Dividend Comparison

Neither GAVA nor ATMP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GAVA and ATMP in my portfolio?

GAVA and ATMP have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GAVA or ATMP?

On fees, GAVA is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GAVA or ATMP?

GAVA is cheaper with a 0.35% expense ratio, compared with 0.95% for ATMP.

Which ETF pays a higher dividend yield, GAVA or ATMP?

GAVA and ATMP have nearly identical dividend yields, around 0.00%.

What is the main difference between GAVA and ATMP?

GAVA is categorized as Cryptocurrency, while ATMP is MLPs. They also come from different issuers: Grayscale and Barclays Capital. Their fees differ too: 0.35% for GAVA and 0.95% for ATMP.