GKAT vs. FWD
GKAT (Scharf Global Opportunity ETF) and FWD (AB Disruptors ETF) are both Global Equities funds. A 0.53 correlation means they provide meaningful diversification when combined. GKAT charges 0.59%/yr vs 0.65%/yr for FWD.
Performance
GKAT vs. FWD - Performance Comparison
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Returns By Period
In the year-to-date period, GKAT achieves a 9.70% return, which is significantly lower than FWD's 40.11% return.
GKAT
- 1D
- -0.69%
- 1M
- 4.59%
- YTD
- 9.70%
- 6M
- 12.74%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FWD
- 1D
- -0.27%
- 1M
- 14.15%
- YTD
- 40.11%
- 6M
- 39.78%
- 1Y
- 75.95%
- 3Y*
- 39.48%
- 5Y*
- —
- 10Y*
- —
GKAT vs. FWD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GKAT Scharf Global Opportunity ETF | 9.70% | 6.04% |
FWD AB Disruptors ETF | 40.11% | 13.27% |
Correlation
The correlation between GKAT and FWD is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 26, 2025 | 0.53 |
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Return for Risk
GKAT vs. FWD — Risk / Return Rank
GKAT
FWD
GKAT vs. FWD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Scharf Global Opportunity ETF (GKAT) and AB Disruptors ETF (FWD). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| GKAT | FWD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.16 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.82 | 1.67 | +0.15 |
Drawdowns
GKAT vs. FWD - Drawdown Comparison
The maximum GKAT drawdown since its inception was -10.41%, smaller than the maximum FWD drawdown of -29.02%. Use the drawdown chart below to compare losses from any high point for GKAT and FWD.
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Drawdown Indicators
| GKAT | FWD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.41% | -29.02% | +18.61% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.03% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.02% | — |
Current DrawdownCurrent decline from peak | -0.97% | -0.27% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -4.06% | +1.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.66% | — |
Volatility
GKAT vs. FWD - Volatility Comparison
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Volatility by Period
| GKAT | FWD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.97% | 24.15% | -12.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.97% | 24.72% | -12.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.97% | 24.72% | -12.75% |
GKAT vs. FWD - Expense Ratio Comparison
GKAT has a 0.59% expense ratio, which is lower than FWD's 0.65% expense ratio.
Dividends
GKAT vs. FWD - Dividend Comparison
GKAT's dividend yield for the trailing twelve months is around 0.44%, more than FWD's 0.08% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FWD AB Disruptors ETF | 0.08% | 0.11% | 1.89% |
GKAT Scharf Global Opportunity ETF | 0.44% | 0.24% | 0.00% |
Frequently Asked Questions
GKAT and FWD have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GKAT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GKAT is cheaper with a 0.59% expense ratio, compared with 0.65% for FWD.
GKAT has the higher dividend yield at 0.44%, compared with 0.08% for FWD.
They also come from different issuers: Scharf Investments and AllianceBernstein. Their fees differ too: 0.59% for GKAT and 0.65% for FWD.
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