GK vs. DWSH

Last updated Jun 4, 2026

GK (AdvisorShares Gerber Kawasaki ETF) and DWSH (AdvisorShares Dorsey Wright Short ETF) are both exchange-traded funds - GK is a Large Cap Growth Equities fund actively managed by AdvisorShares, while DWSH is a Inverse Equities fund actively managed by AdvisorShares. Both are actively managed. Over the past 3 years, GK returned 20.83%/yr vs -4.14%/yr for DWSH. At a correlation of -0.61, they often move in opposite directions. GK charges 0.75%/yr vs 3.67%/yr for DWSH.

Performance

GK vs. DWSH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Gerber Kawasaki ETF (GK) and AdvisorShares Dorsey Wright Short ETF (DWSH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GK achieves a 17.29% return, which is significantly higher than DWSH's 0.85% return.

GK

• 1D: -0.42%
• 1M: 9.38%
• YTD: 17.29%
• 6M: 16.22%
• 1Y: 34.45%
• 3Y*: 20.83%
• 5Y*: —
• 10Y*: —

DWSH

• 1D: 2.36%
• 1M: 0.62%
• YTD: 0.85%
• 6M: 1.07%
• 1Y: -10.40%
• 3Y*: -4.14%
• 5Y*: -1.61%
• 10Y*: —

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

GK vs. DWSH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GK AdvisorShares Gerber Kawasaki ETF	17.29%	17.78%	20.10%	21.19%	-42.76%	4.95%
DWSH AdvisorShares Dorsey Wright Short ETF	0.85%	-2.57%	5.98%	-22.04%	17.45%	-0.59%

Correlation

The correlation between GK and DWSH is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.24
Correlation (3Y) Calculated over the trailing 3-year period	-0.41
Correlation (All Time) Calculated using the full available price history since Jul 6, 2021	-0.61

Over the past year, the inverse relationship between GK and DWSH has weakened: their correlation has moved from -0.61 to -0.24, meaning they move in opposite directions less often than they have historically.

GK vs. DWSH - Sectors Allocation Comparison

Sectors	GK	DWSH
Technology	38.9%	-25.6%
Communication Services	16.6%	-4.5%
Industrials	16.3%	-13.5%
Healthcare	7.6%	-12.0%
Financial Services	6.1%	-8.9%
Utilities	4.5%	-
Consumer Cyclical	3.0%	-12.6%
Consumer Defensive	2.4%	-7.7%
Basic Materials	-	-0.8%
Energy	-	-1.1%
Real Estate	-	-5.9%

Return for Risk

GK vs. DWSH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GK

GK Risk / Return Rank: 54
GK Sharpe Ratio Rank: 59
GK Sortino Ratio Rank: 57
GK Omega Ratio Rank: 57
GK Calmar Ratio Rank: 46
GK Martin Ratio Rank: 52

DWSH

DWSH Risk / Return Rank: 4
DWSH Sharpe Ratio Rank: 4
DWSH Sortino Ratio Rank: 5
DWSH Omega Ratio Rank: 4
DWSH Calmar Ratio Rank: 4
DWSH Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GK vs. DWSH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Gerber Kawasaki ETF (GK) and AdvisorShares Dorsey Wright Short ETF (DWSH). 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.

	GK	DWSH	Difference
Sharpe ratio Return per unit of total volatility	2.00	-0.50	+2.50
Sortino ratio Return per unit of downside risk	2.75	-0.55	+3.30
Omega ratio Gain probability vs. loss probability	1.35	0.93	+0.42
Calmar ratio Return relative to maximum drawdown	2.29	-0.58	+2.86
Martin ratio Return relative to average drawdown	8.76	-0.88	+9.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GK vs. DWSH - Sharpe Ratio Comparison

The current GK Sharpe Ratio is 2.00, which is higher than the DWSH Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of GK and DWSH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GK	DWSH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	-0.50	+2.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	-0.43	+0.59

Drawdowns

GK vs. DWSH - Drawdown Comparison

The maximum GK drawdown since its inception was -47.72%, smaller than the maximum DWSH drawdown of -82.73%. Use the drawdown chart below to compare losses from any high point for GK and DWSH.

Drawdown Indicators

	GK	DWSH	Difference
Max Drawdown Largest peak-to-trough decline	-47.72%	-82.73%	+35.01%
Max Drawdown (1Y) Largest decline over 1 year	-15.13%	-18.08%	+2.95%
Max Drawdown (3Y) Largest decline over 3 years	-23.62%	-29.23%	+5.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-32.87%	—
Current Drawdown Current decline from peak	-0.42%	-81.25%	+80.83%
Average Drawdown Average peak-to-trough decline	-24.00%	-63.61%	+39.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	11.82%	-7.88%

Volatility

GK vs. DWSH - Volatility Comparison

The current volatility for AdvisorShares Gerber Kawasaki ETF (GK) is 5.76%, while AdvisorShares Dorsey Wright Short ETF (DWSH) has a volatility of 6.08%. This indicates that GK experiences smaller price fluctuations and is considered to be less risky than DWSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GK	DWSH	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	6.08%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	13.64%	13.93%	-0.29%
Volatility (1Y) Calculated over the trailing 1-year period	17.30%	21.19%	-3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.93%	25.93%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.93%	31.22%	-7.29%

GK vs. DWSH - Expense Ratio Comparison

GK has a 0.75% expense ratio, which is lower than DWSH's 3.67% expense ratio.

Dividends

GK vs. DWSH - Dividend Comparison

GK's dividend yield for the trailing twelve months is around 0.07%, less than DWSH's 6.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DWSH AdvisorShares Dorsey Wright Short ETF	6.26%	6.31%	6.17%	10.28%	0.00%	0.00%	0.00%	0.14%	0.12%
GK AdvisorShares Gerber Kawasaki ETF	0.07%	0.08%	0.00%	0.13%	1.30%	0.04%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GK and DWSH in my portfolio?

GK and DWSH have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GK or DWSH?

DWSH has higher volatility (6.08%) compared to GK (5.76%). In terms of maximum drawdown, GK dropped -47.72% vs DWSH's -82.73%.

Which ETF is better, GK or DWSH?

On 3-year performance, GK leads with 20.83% vs -4.14% for DWSH. On fees, GK is cheaper at 0.75% per year. On volatility, GK has been the lower-risk option at 5.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GK or DWSH?

Over the 3-year period, GK has performed better with a 20.83% return vs -4.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GK or DWSH?

GK is cheaper with a 0.75% expense ratio, compared with 3.67% for DWSH.

Which ETF pays a higher dividend yield, GK or DWSH?

DWSH has the higher dividend yield at 6.26%, compared with 0.07% for GK.

What is the main difference between GK and DWSH?

GK is categorized as Large Cap Growth Equities, while DWSH is Inverse Equities. Their fees differ too: 0.75% for GK and 3.67% for DWSH.

Which has better risk-adjusted returns?

GK currently has the higher Sharpe Ratio (2.00 vs -0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.