GAVA vs. UMI

Last updated Aug 2, 2026

GAVA (Grayscale Avalanche Staking ETF) and UMI (USCF Midstream Energy Income Fund ETF) are both exchange-traded funds - GAVA is a Cryptocurrency fund actively managed by Grayscale, while UMI is a Energy Equities fund actively managed by USCF. Both are actively managed. Their -0.29 correlation means they have often moved in opposite directions in the past. GAVA charges 0.35%/yr vs 0.85%/yr for UMI.

Performance

GAVA vs. UMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Avalanche Staking ETF (GAVA) and USCF Midstream Energy Income Fund ETF (UMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GAVA

• 1D: -1.11%
• 1M: -5.05%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

UMI

• 1D: 0.50%
• 1M: 3.72%
• 6M: 18.07%
• YTD: 26.70%
• 1Y: 28.25%
• 3Y*: 26.23%
• 5Y*: 22.50%
• 10Y*: —
• ALL TIME*: 14.58%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GAVA Grayscale Avalanche Staking ETF	$25.36K	$35.54K	$52.60K
UMI USCF Midstream Energy Income Fund ETF	$1.28M	$1.03M	$1.15M

GAVA vs. UMI - Yearly Performance Comparison

	2026 (YTD)
GAVA Grayscale Avalanche Staking ETF	-32.74%
UMI USCF Midstream Energy Income Fund ETF	6.41%

Correlation

The correlation between GAVA and UMI is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	-0.29

Return for Risk

GAVA vs. UMI — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

UMI

UMI Risk / Return Rank: 83
UMI Sharpe Ratio Rank: 84
UMI Sortino Ratio Rank: 83
UMI Omega Ratio Rank: 81
UMI Calmar Ratio Rank: 90
UMI Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GAVA vs. UMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Avalanche Staking ETF (GAVA) and USCF Midstream Energy Income Fund ETF (UMI). 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	UMI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.95	—
Sortino ratio: Return per unit of downside risk	—	2.69	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	3.79	—
Martin ratio: Return relative to average drawdown	—	9.51	—

Drawdowns

GAVA vs. UMI - Drawdown Comparison

The maximum GAVA drawdown since its inception was -40.42%, smaller than the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for GAVA and UMI.

Drawdown Indicators

	GAVA	UMI	Difference
Max Drawdown Largest peak-to-trough decline	-40.42%	-48.08%	+7.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.50%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.05%	—
Current Drawdown Current decline from peak	-37.27%	-2.00%	-35.27%
Average Drawdown Average peak-to-trough decline	-19.71%	-6.53%	-13.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.98%	—

Volatility

Volatility by Period

	GAVA	UMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	52.40%	14.59%	+37.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.40%	19.35%	+33.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.40%	23.10%	+29.30%

GAVA vs. UMI - Expense Ratio Comparison

GAVA has a 0.35% expense ratio, which is lower than UMI's 0.85% expense ratio.

Dividends

GAVA vs. UMI - Dividend Comparison

GAVA has not paid dividends to shareholders, while UMI's dividend yield for the trailing twelve months is around 5.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GAVA Grayscale Avalanche Staking ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UMI USCF Midstream Energy Income Fund ETF	5.80%	6.23%	4.39%	4.67%	4.36%	3.00%	2.18%	2.47%	2.48%	0.15%

Frequently Asked Questions

Can I hold both GAVA and UMI in my portfolio?

GAVA and UMI have a correlation of -0.29, 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 UMI?

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 UMI?

GAVA is cheaper with a 0.35% expense ratio, compared with 0.85% for UMI.

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

UMI has the higher dividend yield at 5.80%, compared with 0.00% for GAVA.

What is the main difference between GAVA and UMI?

GAVA is categorized as Cryptocurrency, while UMI is Energy Equities. They also come from different issuers: Grayscale and USCF. Their fees differ too: 0.35% for GAVA and 0.85% for UMI.