GVLU vs. VFVA

Last updated Aug 4, 2026

GVLU (Gotham 1000 Value ETF) and VFVA (Vanguard U.S. Value Factor ETF) are both Mid Cap Value Equities funds. Both are actively managed. Over the past 3 years, GVLU returned 14.59%/yr vs 17.15%/yr for VFVA. Their 0.95 correlation means they have historically moved very closely together. GVLU charges 0.51%/yr vs 0.13%/yr for VFVA.

Performance

GVLU vs. VFVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gotham 1000 Value ETF (GVLU) and Vanguard U.S. Value Factor ETF (VFVA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVLU achieves a 14.14% return, which is significantly lower than VFVA's 21.04% return.

GVLU

• 1D: 0.98%
• 1M: 4.56%
• 6M: 9.08%
• YTD: 14.14%
• 1Y: 26.11%
• 3Y*: 14.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.89%

VFVA

• 1D: 1.31%
• 1M: 5.44%
• 6M: 15.05%
• YTD: 21.04%
• 1Y: 39.77%
• 3Y*: 17.15%
• 5Y*: 13.00%
• 10Y*: —
• ALL TIME*: 10.91%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GVLU Gotham 1000 Value ETF	$115.55K	$133.52K	$132.79K
VFVA Vanguard U.S. Value Factor ETF	$3.28M	$2.75M	$1.79M

GVLU vs. VFVA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
GVLU Gotham 1000 Value ETF	14.14%	11.24%	11.09%	18.02%	-4.22%
VFVA Vanguard U.S. Value Factor ETF	21.04%	14.77%	7.67%	17.37%	-5.37%

Correlation

The correlation between GVLU and VFVA is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (All Time) Calculated using the full available price history since Jun 8, 2022	0.95

The correlation between GVLU and VFVA has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

GVLU vs. VFVA - Sectors Allocation Comparison

Sectors	GVLU	VFVA
Consumer Cyclical	18.4%	13.1%
Technology	16.1%	14.5%
Financial Services	14.8%	25.7%
Healthcare	11.0%	14.9%
Industrials	10.5%	7.6%
Consumer Defensive	9.0%	7.1%
Energy	8.7%	7.3%
Basic Materials	7.5%	3.3%
Communication Services	3.2%	6.2%
Real Estate	0.7%	0.4%
Utilities	0.2%	-

Return for Risk

GVLU vs. VFVA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GVLU

GVLU Risk / Return Rank: 82
GVLU Sharpe Ratio Rank: 82
GVLU Sortino Ratio Rank: 87
GVLU Omega Ratio Rank: 79
GVLU Calmar Ratio Rank: 83
GVLU Martin Ratio Rank: 79

VFVA

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GVLU vs. VFVA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gotham 1000 Value ETF (GVLU) and Vanguard U.S. Value Factor ETF (VFVA). 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.

	GVLU	VFVA	Difference
Sharpe ratio: Return per unit of total volatility	2.00	2.70	-0.70
Sortino ratio: Return per unit of downside risk	3.05	3.90	-0.85
Omega ratio: Gain probability vs. loss probability	1.35	1.48	-0.13
Calmar ratio: Return relative to maximum drawdown	3.22	4.67	-1.45
Martin ratio: Return relative to average drawdown	10.78	15.81	-5.03

GVLU vs. VFVA - Sharpe Ratio Comparison

The current GVLU Sharpe Ratio is 2.00, which is comparable to the VFVA Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of GVLU and VFVA, 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

GVLU vs. VFVA - Drawdown Comparison

The maximum GVLU drawdown since its inception was -20.82%, smaller than the maximum VFVA drawdown of -48.58%. Use the drawdown chart below to compare losses from any high point for GVLU and VFVA.

Drawdown Indicators

	GVLU	VFVA	Difference
Max Drawdown Largest peak-to-trough decline	-20.82%	-48.58%	+27.76%
Max Drawdown (1Y) Largest decline over 1 year	-8.14%	-8.55%	+0.41%
Max Drawdown (3Y) Largest decline over 3 years	-20.82%	-24.07%	+3.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.07%	—
Current Drawdown Current decline from peak	-0.41%	0.00%	-0.41%
Average Drawdown Average peak-to-trough decline	-4.05%	-7.24%	+3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	2.52%	-0.09%

Volatility

GVLU vs. VFVA - Volatility Comparison

The current volatility for Gotham 1000 Value ETF (GVLU) is 3.92%, while Vanguard U.S. Value Factor ETF (VFVA) has a volatility of 4.42%. This indicates that GVLU experiences smaller price fluctuations and is considered to be less risky than VFVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVLU	VFVA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	4.42%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	9.48%	10.19%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	13.17%	14.84%	-1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.62%	20.06%	-2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	24.20%	-6.58%

GVLU vs. VFVA - Expense Ratio Comparison

GVLU has a 0.51% expense ratio, which is higher than VFVA's 0.13% expense ratio.

Dividends

GVLU vs. VFVA - Dividend Comparison

GVLU's dividend yield for the trailing twelve months is around 5.64%, more than VFVA's 1.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GVLU Gotham 1000 Value ETF	5.64%	6.44%	2.88%	1.62%	0.98%	0.00%	0.00%	0.00%	0.00%
VFVA Vanguard U.S. Value Factor ETF	1.75%	2.13%	2.40%	2.45%	2.21%	1.68%	2.04%	2.08%	1.65%

Frequently Asked Questions

Can I hold both GVLU and VFVA in my portfolio?

With a correlation of 0.91, GVLU and VFVA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GVLU or VFVA?

VFVA has higher volatility (4.42%) compared to GVLU (3.92%). In terms of maximum drawdown, GVLU dropped -20.82% vs VFVA's -48.58%.

Which ETF is better, GVLU or VFVA?

On 3-year performance, VFVA leads with 17.15% vs 14.59% for GVLU. On fees, VFVA is cheaper at 0.13% per year. On volatility, GVLU has been the lower-risk option at 3.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GVLU or VFVA?

Over the 3-year period, VFVA has performed better with a 17.15% return vs 14.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GVLU or VFVA?

VFVA is cheaper with a 0.13% expense ratio, compared with 0.51% for GVLU.

Which ETF pays a higher dividend yield, GVLU or VFVA?

GVLU has the higher dividend yield at 5.64%, compared with 1.75% for VFVA.

What is the main difference between GVLU and VFVA?

They also come from different issuers: Gotham and Vanguard. Their fees differ too: 0.51% for GVLU and 0.13% for VFVA.

Which has better risk-adjusted returns?

VFVA currently has the higher Sharpe Ratio (2.70 vs 2.00), 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.