GKAT vs. PID
GKAT (Scharf Global Opportunity ETF) and PID (Invesco International Dividend Achievers™ ETF) are both Global Equities funds. GKAT is actively managed, while PID is passively managed. Their 0.57 correlation means they have sometimes moved together and sometimes differently. GKAT charges 0.59%/yr vs 0.56%/yr for PID.
Performance
GKAT vs. PID - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with GKAT having a 8.41% return and PID slightly lower at 8.06%.
GKAT
- 1D
- 1.18%
- 1M
- 2.09%
- 6M
- 5.94%
- YTD
- 8.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PID
- 1D
- -0.89%
- 1M
- 3.23%
- 6M
- 4.55%
- YTD
- 8.06%
- 1Y
- 17.63%
- 3Y*
- 12.62%
- 5Y*
- 9.36%
- 10Y*
- 9.15%
- ALL TIME*
- 5.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.90K | $73.46K | $135.75K | |
| $1.28M | $1.81M | $1.50M |
GKAT vs. PID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GKAT Scharf Global Opportunity ETF | 8.41% | 5.93% |
PID Invesco International Dividend Achievers™ ETF | 8.06% | 3.68% |
Correlation
The correlation between GKAT and PID is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025 | 0.57 |
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Return for Risk
GKAT vs. PID — Risk / Return Rank
GKAT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PID
GKAT vs. PID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Scharf Global Opportunity ETF (GKAT) and Invesco International Dividend Achievers™ ETF (PID). 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.
| GKAT | PID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.35 | — |
| Martin ratioReturn relative to average drawdown | — | 7.45 | — |
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Drawdowns
GKAT vs. PID - Drawdown Comparison
The maximum GKAT drawdown since its inception was -10.41%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for GKAT and PID.
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Drawdown Indicators
| GKAT | PID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.41% | -66.34% | +55.93% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.47% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.07% | — |
Current DrawdownCurrent decline from peak | -2.14% | -1.08% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -12.95% | +10.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.35% | — |
Volatility
GKAT vs. PID - Volatility Comparison
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Volatility by Period
| GKAT | PID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.23% | 9.75% | +2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.23% | 13.92% | -1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 17.56% | -5.33% |
GKAT vs. PID - Expense Ratio Comparison
GKAT has a 0.59% expense ratio, which is higher than PID's 0.56% expense ratio.
Dividends
GKAT vs. PID - Dividend Comparison
GKAT's dividend yield for the trailing twelve months is around 0.65%, less than PID's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GKAT Scharf Global Opportunity ETF | 0.65% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PID Invesco International Dividend Achievers™ ETF | 3.45% | 3.28% | 3.88% | 3.31% | 3.30% | 3.30% | 3.16% | 3.99% | 3.87% | 3.46% | 3.90% | 4.48% |
Frequently Asked Questions
GKAT and PID have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PID is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PID is cheaper with a 0.56% expense ratio, compared with 0.59% for GKAT.
PID has the higher dividend yield at 3.45%, compared with 0.65% for GKAT.
They also come from different issuers: Scharf Investments and Invesco. Their fees differ too: 0.59% for GKAT and 0.56% for PID.
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