GSIT vs. GAAEX
GSIT (GSI Technology, Inc.) is a stock, while GAAEX (Guinness Atkinson Alternative Energy Fund) is Global Equities fund managed by Guinness Atkinson. Over the past 10 years, GSIT returned 1.94%/yr vs 9.92%/yr for GAAEX. Their 0.30 correlation means their historical movements had little consistent relationship.
Performance
GSIT vs. GAAEX - Performance Comparison
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Returns By Period
In the year-to-date period, GSIT achieves a -2.25% return, which is significantly lower than GAAEX's 8.82% return. Over the past 10 years, GSIT has underperformed GAAEX with an annualized return of 1.94%, while GAAEX has yielded a comparatively higher 9.92% annualized return.
GSIT
- 1D
- 8.20%
- 1M
- -11.00%
- 6M
- -16.04%
- YTD
- -2.25%
- 1Y
- 61.87%
- 3Y*
- 14.49%
- 5Y*
- 2.60%
- 10Y*
- 1.94%
- ALL TIME*
- 0.51%
GAAEX
- 1D
- 0.29%
- 1M
- -2.54%
- 6M
- 1.92%
- YTD
- 8.82%
- 1Y
- 20.56%
- 3Y*
- 3.05%
- 5Y*
- 0.94%
- 10Y*
- 9.92%
- ALL TIME*
- -2.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $3.99M | $4.42M | $15.36M |
GSIT vs. GAAEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSIT GSI Technology, Inc. | -2.25% | 104.95% | 14.77% | 52.60% | -62.63% | -37.43% | 4.37% | 37.94% | -35.43% | 28.39% |
GAAEX Guinness Atkinson Alternative Energy Fund | 8.82% | 26.64% | -11.85% | -2.39% | -12.67% | 8.40% | 86.45% | 30.20% | -15.49% | 20.68% |
Correlation
The correlation between GSIT and GAAEX is 0.44, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.44 |
Correlation (3Y) Balances recent behavior with more history. | 0.42 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.37 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Mar 29, 2007 | 0.30 |
The correlation between GSIT and GAAEX shifts across timeframes, from 0.30 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GSIT vs. GAAEX — Risk / Return Rank
GSIT
GAAEX
GSIT vs. GAAEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GSI Technology, Inc. (GSIT) and Guinness Atkinson Alternative Energy Fund (GAAEX). 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.
| GSIT | GAAEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.16 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.99 | 1.32 | -0.33 |
| Martin ratioReturn relative to average drawdown | 1.56 | 3.82 | -2.26 |
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Drawdowns
GSIT vs. GAAEX - Drawdown Comparison
The maximum GSIT drawdown since its inception was -85.53%, roughly equal to the maximum GAAEX drawdown of -85.83%. Use the drawdown chart below to compare losses from any high point for GSIT and GAAEX.
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Drawdown Indicators
| GSIT | GAAEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.53% | -85.83% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -63.07% | -14.57% | -48.50% |
Max Drawdown (3Y)Largest decline over 3 years | -66.67% | -30.55% | -36.12% |
Max Drawdown (5Y)Largest decline over 5 years | -80.39% | -40.64% | -39.75% |
Max Drawdown (10Y)Largest decline over 10 years | -84.47% | -40.64% | -43.83% |
Current DrawdownCurrent decline from peak | -53.20% | -53.58% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -43.07% | -63.54% | +20.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.87% | 5.02% | +34.85% |
Volatility
GSIT vs. GAAEX - Volatility Comparison
GSI Technology, Inc. (GSIT) has a higher volatility of 27.97% compared to Guinness Atkinson Alternative Energy Fund (GAAEX) at 6.37%. This indicates that GSIT's price experiences larger fluctuations and is considered to be riskier than GAAEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSIT | GAAEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.97% | 6.37% | +21.60% |
Volatility (6M)Calculated over the trailing 6-month period | 87.58% | 17.66% | +69.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 195.96% | 21.52% | +174.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 151.98% | 22.77% | +129.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.42% | 22.44% | +89.98% |
Dividends
GSIT vs. GAAEX - Dividend Comparison
GSIT has not paid dividends to shareholders, while GAAEX's dividend yield for the trailing twelve months is around 0.30%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GAAEX Guinness Atkinson Alternative Energy Fund | 0.30% | 0.33% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.28% |
GSIT GSI Technology, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GSIT and GAAEX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSIT has higher volatility (27.97%) compared to GAAEX (6.37%). In terms of maximum drawdown, GSIT dropped -85.53% vs GAAEX's -85.83%.
GAAEX currently has the higher Sharpe Ratio (0.89 vs 0.32), 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.
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