GK vs. SOXQ
Compare and contrast key facts about AdvisorShares Gerber Kawasaki ETF (GK) and Invesco PHLX Semiconductor ETF (SOXQ).
GK and SOXQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GK is an actively managed fund by AdvisorShares. It was launched on Jul 2, 2021. SOXQ is a passively managed fund by Invesco that tracks the performance of the PHLX / Semiconductor. It was launched on Jun 11, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GK or SOXQ.
Key characteristics
| GK | SOXQ | |
|---|---|---|
| YTD Return | 21.94% | 23.16% |
| 1Y Return | 32.76% | 44.77% |
| 3Y Return (Ann) | -7.05% | 11.59% |
| Sharpe Ratio | 1.82 | 1.25 |
| Sortino Ratio | 2.43 | 1.74 |
| Omega Ratio | 1.33 | 1.23 |
| Calmar Ratio | 0.81 | 1.72 |
| Martin Ratio | 8.35 | 4.62 |
| Ulcer Index | 3.90% | 9.37% |
| Daily Std Dev | 17.86% | 34.73% |
| Max Drawdown | -47.72% | -46.01% |
| Current Drawdown | -20.45% | -13.32% |
Correlation
The correlation between GK and SOXQ is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GK vs. SOXQ - Performance Comparison
In the year-to-date period, GK achieves a 21.94% return, which is significantly lower than SOXQ's 23.16% 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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GK vs. SOXQ - Expense Ratio Comparison
GK has a 0.81% expense ratio, which is higher than SOXQ's 0.00% expense ratio.
Risk-Adjusted Performance
GK vs. SOXQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Gerber Kawasaki ETF (GK) and Invesco PHLX Semiconductor ETF (SOXQ). 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.
Dividends
GK vs. SOXQ - Dividend Comparison
GK's dividend yield for the trailing twelve months is around 0.11%, less than SOXQ's 0.68% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
GK AdvisorShares Gerber Kawasaki ETF | 0.11% | 0.13% | 1.30% | 0.04% |
SOXQ Invesco PHLX Semiconductor ETF | 0.68% | 0.87% | 1.36% | 0.73% |
Drawdowns
GK vs. SOXQ - Drawdown Comparison
The maximum GK drawdown since its inception was -47.72%, roughly equal to the maximum SOXQ drawdown of -46.01%. Use the drawdown chart below to compare losses from any high point for GK and SOXQ. For additional features, visit the drawdowns tool.
Volatility
GK vs. SOXQ - Volatility Comparison
The current volatility for AdvisorShares Gerber Kawasaki ETF (GK) is 4.80%, while Invesco PHLX Semiconductor ETF (SOXQ) has a volatility of 9.97%. This indicates that GK experiences smaller price fluctuations and is considered to be less risky than SOXQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.