GVLU vs. KSCOX

Last updated Apr 1, 2026

Compare and contrast key facts about Gotham 1000 Value ETF (GVLU) and Kinetics Small Cap Opportunities Fund (KSCOX).

GVLU is an actively managed fund by Gotham. It was launched on Jun 7, 2022. KSCOX is managed by Kinetics. It was launched on Mar 20, 2000.

Performance

GVLU vs. KSCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gotham 1000 Value ETF (GVLU) and Kinetics Small Cap Opportunities Fund (KSCOX). The values are adjusted to include any dividend payments, if applicable.

GVLU vs. KSCOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GVLU Gotham 1000 Value ETF	2.72%	11.24%	11.09%	18.02%	-3.80%
KSCOX Kinetics Small Cap Opportunities Fund	29.72%	-8.66%	68.42%	-14.77%	12.80%

Returns By Period

In the year-to-date period, GVLU achieves a 2.72% return, which is significantly lower than KSCOX's 29.72% return.

GVLU

• 1D: 1.78%
• 1M: -4.93%
• YTD: 2.72%
• 6M: 5.75%
• 1Y: 16.92%
• 3Y*: 14.16%
• 5Y*: —
• 10Y*: —

KSCOX

• 1D: -5.64%
• 1M: -8.65%
• YTD: 29.72%
• 6M: 22.71%
• 1Y: 8.12%
• 3Y*: 25.79%
• 5Y*: 16.02%
• 10Y*: 21.17%

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

GVLU vs. KSCOX - Expense Ratio Comparison

GVLU has a 0.51% expense ratio, which is lower than KSCOX's 1.64% expense ratio.

KSCOX

Kinetics Small Cap Opportunities Fund

GVLU

Gotham 1000 Value ETF

Return for Risk

GVLU vs. KSCOX — Risk / Return Rank

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

GVLU

GVLU Risk / Return Rank: 50
GVLU Sharpe Ratio Rank: 49
GVLU Sortino Ratio Rank: 53
GVLU Omega Ratio Rank: 50
GVLU Calmar Ratio Rank: 47
GVLU Martin Ratio Rank: 54

KSCOX

KSCOX Risk / Return Rank: 12
KSCOX Sharpe Ratio Rank: 13
KSCOX Sortino Ratio Rank: 14
KSCOX Omega Ratio Rank: 14
KSCOX Calmar Ratio Rank: 11
KSCOX Martin Ratio Rank: 9

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.

GVLU vs. KSCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gotham 1000 Value ETF (GVLU) and Kinetics Small Cap Opportunities Fund (KSCOX). 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.

	GVLU	KSCOX	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.31	+0.55
Sortino ratio Return per unit of downside risk	1.38	0.63	+0.75
Omega ratio Gain probability vs. loss probability	1.19	1.08	+0.10
Calmar ratio Return relative to maximum drawdown	1.19	0.28	+0.91
Martin ratio Return relative to average drawdown	5.22	0.46	+4.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GVLU vs. KSCOX - Sharpe Ratio Comparison

The current GVLU Sharpe Ratio is 0.87, which is higher than the KSCOX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of GVLU and KSCOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GVLU	KSCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.31	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.61	-0.04

Correlation

The correlation between GVLU and KSCOX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GVLU vs. KSCOX - Dividend Comparison

GVLU's dividend yield for the trailing twelve months is around 6.27%, more than KSCOX's 0.14% yield.

	TTM	2025	2024	2023	2022	2021
GVLU Gotham 1000 Value ETF	6.27%	6.44%	2.88%	1.62%	0.98%	0.00%
KSCOX Kinetics Small Cap Opportunities Fund	0.14%	0.18%	3.58%	6.71%	0.00%	1.67%

Drawdowns

GVLU vs. KSCOX - Drawdown Comparison

The maximum GVLU drawdown since its inception was -20.82%, smaller than the maximum KSCOX drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for GVLU and KSCOX.

Drawdown Indicators

	GVLU	KSCOX	Difference
Max Drawdown Largest peak-to-trough decline	-20.82%	-70.09%	+49.27%
Max Drawdown (1Y) Largest decline over 1 year	-14.62%	-24.29%	+9.67%
Max Drawdown (5Y) Largest decline over 5 years	—	-33.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-47.09%	—
Current Drawdown Current decline from peak	-5.46%	-11.01%	+5.55%
Average Drawdown Average peak-to-trough decline	-4.23%	-14.89%	+10.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	14.84%	-11.52%

Volatility

GVLU vs. KSCOX - Volatility Comparison

The current volatility for Gotham 1000 Value ETF (GVLU) is 4.33%, while Kinetics Small Cap Opportunities Fund (KSCOX) has a volatility of 7.94%. This indicates that GVLU experiences smaller price fluctuations and is considered to be less risky than KSCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVLU	KSCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	7.94%	-3.61%
Volatility (6M) Calculated over the trailing 6-month period	9.84%	19.48%	-9.64%
Volatility (1Y) Calculated over the trailing 1-year period	19.64%	28.88%	-9.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	27.74%	-9.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	25.84%	-7.80%