GK vs. IQM

Last updated Aug 4, 2026

GK (AdvisorShares Gerber Kawasaki ETF) and IQM (Franklin Intelligent Machines ETF) are both exchange-traded funds - GK is a Large Cap Growth Equities fund actively managed by AdvisorShares, while IQM is a Technology Equities fund actively managed by Franklin Templeton. Both are actively managed. Over the past 5 years, GK returned 2.34%/yr vs 15.99%/yr for IQM. Their correlation of 0.91 means they have usually moved in the same direction. GK charges 0.75%/yr vs 0.50%/yr for IQM.

Performance

GK vs. IQM - Performance Comparison

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

Returns By Period

In the year-to-date period, GK achieves a 12.37% return, which is significantly lower than IQM's 19.53% return.

GK

• 1D: 1.82%
• 1M: -0.91%
• 6M: 11.15%
• YTD: 12.37%
• 1Y: 17.72%
• 3Y*: 17.67%
• 5Y*: 2.34%
• 10Y*: —
• ALL TIME*: 2.85%

IQM

• 1D: 1.95%
• 1M: -6.41%
• 6M: 13.56%
• YTD: 19.53%
• 1Y: 34.87%
• 3Y*: 30.20%
• 5Y*: 15.99%
• 10Y*: —
• ALL TIME*: 25.29%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GK AdvisorShares Gerber Kawasaki ETF	$27.34K	$30.78K	$45.67K
IQM Franklin Intelligent Machines ETF	$905.23K	$711.02K	$931.48K

GK vs. IQM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GK AdvisorShares Gerber Kawasaki ETF	12.37%	17.78%	20.10%	21.19%	-42.76%	4.61%
IQM Franklin Intelligent Machines ETF	19.53%	30.76%	31.03%	41.06%	-33.36%	14.34%

Correlation

The correlation between GK and IQM is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since Jul 2, 2021	0.91

The correlation between GK and IQM has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

GK vs. IQM - Sectors Allocation Comparison

Sectors	GK	IQM
Technology	38.4%	70.5%
Industrials	16.1%	14.8%
Communication Services	15.4%	1.1%
Healthcare	10.0%	1.0%
Financial Services	7.9%	-
Utilities	4.6%	3.5%
Consumer Cyclical	3.0%	2.7%
Consumer Defensive	1.8%	-
Basic Materials	-	-
Energy	-	3.1%
Real Estate	-	-

Return for Risk

GK vs. IQM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GK

GK Risk / Return Rank: 35
GK Sharpe Ratio Rank: 35
GK Sortino Ratio Rank: 35
GK Omega Ratio Rank: 34
GK Calmar Ratio Rank: 34
GK Martin Ratio Rank: 38

IQM

IQM Risk / Return Rank: 39
IQM Sharpe Ratio Rank: 38
IQM Sortino Ratio Rank: 37
IQM Omega Ratio Rank: 38
IQM Calmar Ratio Rank: 38
IQM Martin Ratio Rank: 45

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GK vs. IQM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Gerber Kawasaki ETF (GK) and Franklin Intelligent Machines ETF (IQM). 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.

	GK	IQM	Difference
Sharpe ratio: Return per unit of total volatility	0.90	0.97	-0.07
Sortino ratio: Return per unit of downside risk	1.37	1.42	-0.05
Omega ratio: Gain probability vs. loss probability	1.17	1.19	-0.02
Calmar ratio: Return relative to maximum drawdown	1.18	1.39	-0.21
Martin ratio: Return relative to average drawdown	4.00	5.25	-1.25

GK vs. IQM - Sharpe Ratio Comparison

The current GK Sharpe Ratio is 0.90, which is comparable to the IQM Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of GK and IQM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GK vs. IQM - Drawdown Comparison

The maximum GK drawdown since its inception was -47.72%, which is greater than IQM's maximum drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for GK and IQM.

Drawdown Indicators

	GK	IQM	Difference
Max Drawdown Largest peak-to-trough decline	-47.72%	-44.91%	-2.81%
Max Drawdown (1Y) Largest decline over 1 year	-15.13%	-25.28%	+10.15%
Max Drawdown (3Y) Largest decline over 3 years	-23.62%	-30.42%	+6.80%
Max Drawdown (5Y) Largest decline over 5 years	-47.72%	-44.91%	-2.81%
Current Drawdown Current decline from peak	-4.59%	-17.03%	+12.44%
Average Drawdown Average peak-to-trough decline	-23.36%	-12.20%	-11.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	6.66%	-2.22%

Volatility

GK vs. IQM - Volatility Comparison

The current volatility for AdvisorShares Gerber Kawasaki ETF (GK) is 7.21%, while Franklin Intelligent Machines ETF (IQM) has a volatility of 15.54%. This indicates that GK experiences smaller price fluctuations and is considered to be less risky than IQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GK	IQM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.21%	15.54%	-8.33%
Volatility (6M) Calculated over the trailing 6-month period	16.42%	31.13%	-14.71%
Volatility (1Y) Calculated over the trailing 1-year period	19.80%	36.17%	-16.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.13%	30.64%	-6.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.01%	31.69%	-7.68%

GK vs. IQM - Expense Ratio Comparison

GK has a 0.75% expense ratio, which is higher than IQM's 0.50% expense ratio.

Dividends

GK vs. IQM - Dividend Comparison

GK's dividend yield for the trailing twelve months is around 0.07%, while IQM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
GK AdvisorShares Gerber Kawasaki ETF	0.07%	0.08%	0.00%	0.13%	1.30%	0.04%	0.00%
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%

Frequently Asked Questions

Can I hold both GK and IQM in my portfolio?

With a correlation of 0.91, GK and IQM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GK or IQM?

IQM has higher volatility (15.54%) compared to GK (7.21%). In terms of maximum drawdown, GK dropped -47.72% vs IQM's -44.91%.

Which ETF is better, GK or IQM?

On 5-year performance, IQM leads with 15.99% vs 2.34% for GK. On fees, IQM is cheaper at 0.50% per year. On volatility, GK has been the lower-risk option at 7.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GK or IQM?

Over the 5-year period, IQM has performed better with a 15.99% return vs 2.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GK or IQM?

IQM is cheaper with a 0.50% expense ratio, compared with 0.75% for GK.

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

GK has the higher dividend yield at 0.07%, compared with 0.00% for IQM.

What is the main difference between GK and IQM?

GK is categorized as Large Cap Growth Equities, while IQM is Technology Equities. They also come from different issuers: AdvisorShares and Franklin Templeton. Their fees differ too: 0.75% for GK and 0.50% for IQM.

Which has better risk-adjusted returns?

IQM currently has the higher Sharpe Ratio (0.97 vs 0.90), 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.