GEW vs. VEGA
GEW (Cambria Global Equal Weight ETF) and VEGA (AdvisorShares STAR Global Buy-Write ETF) are both Global Equities funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. GEW charges 0.29%/yr vs 2.02%/yr for VEGA.
Performance
GEW vs. VEGA - Performance Comparison
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Returns By Period
In the year-to-date period, GEW achieves a 6.46% return, which is significantly higher than VEGA's 5.66% return.
GEW
- 1D
- -1.02%
- 1M
- -0.24%
- YTD
- 6.46%
- 6M
- 6.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VEGA
- 1D
- -1.18%
- 1M
- -0.24%
- YTD
- 5.66%
- 6M
- 4.89%
- 1Y
- 16.81%
- 3Y*
- 13.24%
- 5Y*
- 6.73%
- 10Y*
- 7.93%
GEW vs. VEGA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GEW Cambria Global Equal Weight ETF | 6.46% | 3.68% |
VEGA AdvisorShares STAR Global Buy-Write ETF | 5.66% | 2.48% |
Correlation
The correlation between GEW and VEGA is 0.85, 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 Sep 24, 2025 | 0.85 |
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Return for Risk
GEW vs. VEGA — Risk / Return Rank
GEW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VEGA
GEW vs. VEGA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Global Equal Weight ETF (GEW) and AdvisorShares STAR Global Buy-Write ETF (VEGA). 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.
| GEW | VEGA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.46 | — |
| Martin ratioReturn relative to average drawdown | — | 10.76 | — |
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Drawdowns
GEW vs. VEGA - Drawdown Comparison
The maximum GEW drawdown since its inception was -8.15%, smaller than the maximum VEGA drawdown of -28.37%. Use the drawdown chart below to compare losses from any high point for GEW and VEGA.
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Drawdown Indicators
| GEW | VEGA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.15% | -28.37% | +20.22% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.86% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.78% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.37% | — |
Current DrawdownCurrent decline from peak | -1.71% | -1.85% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -1.32% | -3.78% | +2.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.57% | — |
Volatility
GEW vs. VEGA - Volatility Comparison
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Volatility by Period
| GEW | VEGA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.86% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.69% | 9.61% | +5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.69% | 12.36% | +2.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.69% | 12.74% | +1.95% |
GEW vs. VEGA - Expense Ratio Comparison
GEW has a 0.29% expense ratio, which is lower than VEGA's 2.02% expense ratio.
Dividends
GEW vs. VEGA - Dividend Comparison
GEW's dividend yield for the trailing twelve months is around 0.97%, less than VEGA's 1.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GEW Cambria Global Equal Weight ETF | 0.97% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEGA AdvisorShares STAR Global Buy-Write ETF | 1.27% | 1.34% | 1.05% | 1.12% | 1.89% | 0.55% | 0.28% | 0.44% | 0.45% | 0.00% | 0.81% |
Frequently Asked Questions
GEW and VEGA have a correlation of 0.85, 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 2.02% for VEGA.
VEGA has the higher dividend yield at 1.27%, compared with 0.97% for GEW.
They also come from different issuers: Cambria and AdvisorShares. Their fees differ too: 0.29% for GEW and 2.02% for VEGA.
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