GK vs. AVAX-USD
Compare and contrast key facts about AdvisorShares Gerber Kawasaki ETF (GK) and Avalanche (AVAX-USD).
GK is an actively managed fund by AdvisorShares. It was launched on Jul 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GK or AVAX-USD.
Key characteristics
| GK | AVAX-USD | |
|---|---|---|
| YTD Return | 22.50% | -14.04% |
| 1Y Return | 30.08% | 93.87% |
| 3Y Return (Ann) | -6.89% | -29.72% |
| Sharpe Ratio | 1.87 | -0.31 |
| Sortino Ratio | 2.48 | 0.14 |
| Omega Ratio | 1.34 | 1.01 |
| Calmar Ratio | 0.86 | 0.02 |
| Martin Ratio | 8.57 | -0.56 |
| Ulcer Index | 3.90% | 49.64% |
| Daily Std Dev | 17.87% | 78.17% |
| Max Drawdown | -47.72% | -93.48% |
| Current Drawdown | -20.08% | -75.41% |
Correlation
The correlation between GK and AVAX-USD is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GK vs. AVAX-USD - Performance Comparison
In the year-to-date period, GK achieves a 22.50% return, which is significantly higher than AVAX-USD's -14.04% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GK vs. AVAX-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Gerber Kawasaki ETF (GK) and Avalanche (AVAX-USD). 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.
Drawdowns
GK vs. AVAX-USD - Drawdown Comparison
The maximum GK drawdown since its inception was -47.72%, smaller than the maximum AVAX-USD drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for GK and AVAX-USD. For additional features, visit the drawdowns tool.
Volatility
GK vs. AVAX-USD - Volatility Comparison
The current volatility for AdvisorShares Gerber Kawasaki ETF (GK) is 4.78%, while Avalanche (AVAX-USD) has a volatility of 24.84%. This indicates that GK experiences smaller price fluctuations and is considered to be less risky than AVAX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.