GVAL vs. XEQT.TO
Compare and contrast key facts about Cambria Global Value ETF (GVAL) and iShares Core Equity ETF Portfolio (XEQT.TO).
GVAL and XEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GVAL is an actively managed fund by Cambria. It was launched on Mar 12, 2014. XEQT.TO is a passively managed fund by iShares that tracks the performance of the Morningstar Gbl GR CAD. It was launched on Aug 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GVAL or XEQT.TO.
Key characteristics
| GVAL | XEQT.TO | |
|---|---|---|
| YTD Return | 5.15% | 13.91% |
| 1Y Return | 16.27% | 18.96% |
| 3Y Return (Ann) | 1.93% | 6.52% |
| 5Y Return (Ann) | 3.91% | 11.67% |
| Sharpe Ratio | 1.13 | 1.85 |
| Daily Std Dev | 13.38% | 9.89% |
| Max Drawdown | -46.82% | -29.74% |
| Current Drawdown | -3.98% | -2.39% |
Correlation
The correlation between GVAL and XEQT.TO is 0.73, 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
GVAL vs. XEQT.TO - Performance Comparison
In the year-to-date period, GVAL achieves a 5.15% return, which is significantly lower than XEQT.TO's 13.91% 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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GVAL vs. XEQT.TO - Expense Ratio Comparison
GVAL has a 0.71% expense ratio, which is higher than XEQT.TO's 0.20% expense ratio.
Risk-Adjusted Performance
GVAL vs. XEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cambria Global Value ETF (GVAL) and iShares Core Equity ETF Portfolio (XEQT.TO). 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
GVAL vs. XEQT.TO - Dividend Comparison
GVAL's dividend yield for the trailing twelve months is around 6.87%, more than XEQT.TO's 1.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
GVAL Cambria Global Value ETF | 6.87% | 6.12% | 5.05% | 2.97% | 1.90% | 2.84% | 4.65% | 2.00% | 2.54% | 2.11% | 1.59% |
XEQT.TO iShares Core Equity ETF Portfolio | 1.94% | 2.09% | 2.14% | 1.65% | 1.68% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GVAL vs. XEQT.TO - Drawdown Comparison
The maximum GVAL drawdown since its inception was -46.82%, which is greater than XEQT.TO's maximum drawdown of -29.74%. Use the drawdown chart below to compare losses from any high point for GVAL and XEQT.TO. For additional features, visit the drawdowns tool.
Volatility
GVAL vs. XEQT.TO - Volatility Comparison
The current volatility for Cambria Global Value ETF (GVAL) is 3.81%, while iShares Core Equity ETF Portfolio (XEQT.TO) has a volatility of 4.15%. This indicates that GVAL experiences smaller price fluctuations and is considered to be less risky than XEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.