GOP vs. AVIE

Last updated Jul 21, 2026

GOP (Unusual Whales Subversive Republican Trading ETF) and AVIE (Avantis Inflation Focused Equity ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past 3 years, GOP returned 19.33%/yr vs 12.42%/yr for AVIE. A 0.58 correlation means they provide meaningful diversification when combined. GOP charges 0.73%/yr vs 0.25%/yr for AVIE.

Performance

GOP vs. AVIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Unusual Whales Subversive Republican Trading ETF (GOP) and Avantis Inflation Focused Equity ETF (AVIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOP achieves a 18.70% return, which is significantly higher than AVIE's 16.91% return.

GOP

• 1D: 0.09%
• 1M: -2.43%
• 6M: 13.23%
• YTD: 18.70%
• 1Y: 27.58%
• 3Y*: 19.33%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.06%

AVIE

• 1D: -0.35%
• 1M: 4.78%
• 6M: 13.00%
• YTD: 16.91%
• 1Y: 27.88%
• 3Y*: 12.42%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.23%

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

GOP vs. AVIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GOP Unusual Whales Subversive Republican Trading ETF	18.70%	17.12%	14.43%	11.40%
AVIE Avantis Inflation Focused Equity ETF	16.91%	11.37%	6.17%	5.28%

Correlation

The correlation between GOP and AVIE is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (All Time) Calculated using the full available price history since Feb 7, 2023	0.58

Over the past year, the correlation between GOP and AVIE has dropped to 0.27 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.

GOP vs. AVIE - Sectors Allocation Comparison

Sectors	GOP	AVIE
Technology	30.8%	0.1%
Industrials	22.5%	1.5%
Financial Services	13.6%	15.5%
Energy	9.3%	27.6%
Healthcare	6.0%	28.9%
Consumer Cyclical	5.7%	0.0%
Consumer Defensive	4.1%	16.6%
Communication Services	3.0%	-
Basic Materials	2.2%	9.1%
Real Estate	1.5%	0.2%
Utilities	1.4%	0.0%

Return for Risk

GOP vs. AVIE — Risk / Return Rank

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

GOP

GOP Risk / Return Rank: 79
GOP Sharpe Ratio Rank: 76
GOP Sortino Ratio Rank: 74
GOP Omega Ratio Rank: 70
GOP Calmar Ratio Rank: 90
GOP Martin Ratio Rank: 88

AVIE

AVIE Risk / Return Rank: 94
AVIE Sharpe Ratio Rank: 94
AVIE Sortino Ratio Rank: 95
AVIE Omega Ratio Rank: 92
AVIE Calmar Ratio Rank: 95
AVIE Martin Ratio Rank: 93

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.

GOP vs. AVIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Unusual Whales Subversive Republican Trading ETF (GOP) and Avantis Inflation Focused Equity ETF (AVIE). 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.

	GOP	AVIE	Difference
Sharpe ratio: Return per unit of total volatility	1.80	2.76	-0.96
Sortino ratio: Return per unit of downside risk	2.50	4.03	-1.53
Omega ratio: Gain probability vs. loss probability	1.31	1.49	-0.18
Calmar ratio: Return relative to maximum drawdown	4.03	5.64	-1.61
Martin ratio: Return relative to average drawdown	13.90	17.80	-3.91

GOP vs. AVIE - Sharpe Ratio Comparison

The current GOP Sharpe Ratio is 1.80, which is lower than the AVIE Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of GOP and AVIE, 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

GOP vs. AVIE - Drawdown Comparison

The maximum GOP drawdown since its inception was -15.42%, which is greater than AVIE's maximum drawdown of -12.39%. Use the drawdown chart below to compare losses from any high point for GOP and AVIE.

Drawdown Indicators

	GOP	AVIE	Difference
Max Drawdown Largest peak-to-trough decline	-15.42%	-12.39%	-3.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.88%	-4.97%	-1.91%
Max Drawdown (3Y) Largest decline over 3 years	-15.42%	-12.39%	-3.03%
Current Drawdown Current decline from peak	-3.78%	-0.35%	-3.43%
Average Drawdown Average peak-to-trough decline	-2.51%	-2.96%	+0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	1.57%	+0.42%

Volatility

GOP vs. AVIE - Volatility Comparison

Unusual Whales Subversive Republican Trading ETF (GOP) has a higher volatility of 4.81% compared to Avantis Inflation Focused Equity ETF (AVIE) at 3.59%. This indicates that GOP's price experiences larger fluctuations and is considered to be riskier than AVIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOP	AVIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.81%	3.59%	+1.22%
Volatility (6M) Calculated over the trailing 6-month period	12.62%	7.50%	+5.12%
Volatility (1Y) Calculated over the trailing 1-year period	15.42%	10.16%	+5.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.29%	12.89%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.29%	12.89%	+1.40%

GOP vs. AVIE - Expense Ratio Comparison

GOP has a 0.73% expense ratio, which is higher than AVIE's 0.25% expense ratio.

Dividends

GOP vs. AVIE - Dividend Comparison

GOP's dividend yield for the trailing twelve months is around 0.58%, less than AVIE's 1.42% yield.

Position	TTM	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	1.42%	1.75%	1.89%	3.72%	0.39%
GOP Unusual Whales Subversive Republican Trading ETF	0.58%	0.69%	0.57%	1.01%	0.00%

Frequently Asked Questions

Can I hold both GOP and AVIE in my portfolio?

GOP and AVIE have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOP or AVIE?

GOP has higher volatility (4.81%) compared to AVIE (3.59%). In terms of maximum drawdown, GOP dropped -15.42% vs AVIE's -12.39%.

Which ETF is better, GOP or AVIE?

On 3-year performance, GOP leads with 19.33% vs 12.42% for AVIE. On fees, AVIE is cheaper at 0.25% per year. On volatility, AVIE has been the lower-risk option at 3.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOP or AVIE?

Over the 3-year period, GOP has performed better with a 19.33% return vs 12.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOP or AVIE?

AVIE is cheaper with a 0.25% expense ratio, compared with 0.73% for GOP.

Which ETF pays a higher dividend yield, GOP or AVIE?

AVIE has the higher dividend yield at 1.42%, compared with 0.58% for GOP.

What is the main difference between GOP and AVIE?

They also come from different issuers: Tidal Investments and Avantis. Their fees differ too: 0.73% for GOP and 0.25% for AVIE.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.76 vs 1.80), 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.