GEW vs. UFO
GEW (Cambria Global Equal Weight ETF) and UFO (Procure Space ETF) are both Global Equities funds. GEW is actively managed, while UFO is passively managed. A 0.64 correlation means they provide meaningful diversification when combined. GEW charges 0.29%/yr vs 0.75%/yr for UFO.
Performance
GEW vs. UFO - Performance Comparison
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Returns By Period
In the year-to-date period, GEW achieves a 5.53% return, which is significantly lower than UFO's 41.55% return.
GEW
- 1D
- -2.37%
- 1M
- -0.98%
- YTD
- 5.53%
- 6M
- 6.22%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UFO
- 1D
- -7.80%
- 1M
- 3.81%
- YTD
- 41.55%
- 6M
- 53.43%
- 1Y
- 114.27%
- 3Y*
- 42.70%
- 5Y*
- 14.36%
- 10Y*
- —
GEW vs. UFO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEW Cambria Global Equal Weight ETF | 5.53% | 3.77% |
UFO Procure Space ETF | 41.55% | 9.28% |
Correlation
The correlation between GEW and UFO is 0.64, 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 Sep 25, 2025 | 0.64 |
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Return for Risk
GEW vs. UFO — Risk / Return Rank
GEW
UFO
GEW vs. UFO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Global Equal Weight ETF (GEW) and Procure Space ETF (UFO). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| GEW | UFO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.95 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.43 | +0.52 |
Drawdowns
GEW vs. UFO - Drawdown Comparison
The maximum GEW drawdown since its inception was -8.15%, smaller than the maximum UFO drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for GEW and UFO.
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Drawdown Indicators
| GEW | UFO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.15% | -50.33% | +42.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -21.95% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.91% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -50.33% | — |
Current DrawdownCurrent decline from peak | -2.37% | -19.31% | +16.94% |
Average DrawdownAverage peak-to-trough decline | -1.34% | -21.81% | +20.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.88% | — |
Volatility
GEW vs. UFO - Volatility Comparison
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Volatility by Period
| GEW | UFO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 18.55% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 32.41% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.80% | 39.00% | -24.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.80% | 30.14% | -15.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.80% | 30.90% | -16.10% |
GEW vs. UFO - Expense Ratio Comparison
GEW has a 0.29% expense ratio, which is lower than UFO's 0.75% expense ratio.
Dividends
GEW vs. UFO - Dividend Comparison
GEW's dividend yield for the trailing twelve months is around 0.98%, more than UFO's 0.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GEW Cambria Global Equal Weight ETF | 0.98% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UFO Procure Space ETF | 0.30% | 0.46% | 1.98% | 1.90% | 3.19% | 1.00% | 1.07% | 0.45% |
Frequently Asked Questions
GEW and UFO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GEW is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GEW is cheaper with a 0.29% expense ratio, compared with 0.75% for UFO.
GEW has the higher dividend yield at 0.98%, compared with 0.30% for UFO.
They also come from different issuers: Cambria and ProcureAM. Their fees differ too: 0.29% for GEW and 0.75% for UFO.
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