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.
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
Key characteristics
GK:
0.75
AVAX-USD:
-0.42
GK:
1.09
AVAX-USD:
-0.10
GK:
1.14
AVAX-USD:
0.99
GK:
0.44
AVAX-USD:
0.00
GK:
3.30
AVAX-USD:
-1.50
GK:
4.18%
AVAX-USD:
25.75%
GK:
18.54%
AVAX-USD:
78.23%
GK:
-47.72%
AVAX-USD:
-93.48%
GK:
-19.12%
AVAX-USD:
-82.39%
Returns By Period
In the year-to-date period, GK achieves a 3.24% return, which is significantly higher than AVAX-USD's -33.52% return.
GK
3.24%
2.04%
5.85%
16.84%
N/A
N/A
AVAX-USD
-33.52%
-34.01%
0.85%
-38.41%
N/A
N/A
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Risk-Adjusted Performance
GK vs. AVAX-USD — Risk-Adjusted Performance Rank
GK
AVAX-USD
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 5.29%, while Avalanche (AVAX-USD) has a volatility of 24.09%. 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.