IMFL vs. GKAT
IMFL (Invesco International Developed Dynamic Multifactor ETF) and GKAT (Scharf Global Opportunity ETF) are both Global Equities funds. A 0.65 correlation means they provide meaningful diversification when combined. IMFL charges 0.34%/yr vs 0.59%/yr for GKAT.
Performance
IMFL vs. GKAT - Performance Comparison
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Returns By Period
In the year-to-date period, IMFL achieves a 14.49% return, which is significantly higher than GKAT's 5.08% return.
IMFL
- 1D
- -2.84%
- 1M
- -0.86%
- YTD
- 14.49%
- 6M
- 14.56%
- 1Y
- 29.53%
- 3Y*
- 16.29%
- 5Y*
- 8.35%
- 10Y*
- —
GKAT
- 1D
- -1.28%
- 1M
- -2.32%
- YTD
- 5.08%
- 6M
- 5.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IMFL vs. GKAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IMFL Invesco International Developed Dynamic Multifactor ETF | 14.49% | 7.89% |
GKAT Scharf Global Opportunity ETF | 5.08% | 5.93% |
Correlation
The correlation between IMFL and GKAT is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025 | 0.65 |
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Return for Risk
IMFL vs. GKAT — Risk / Return Rank
IMFL
GKAT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IMFL vs. GKAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International Developed Dynamic Multifactor ETF (IMFL) and Scharf Global Opportunity ETF (GKAT). 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.
| IMFL | GKAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | — | — |
| Martin ratioReturn relative to average drawdown | 8.82 | — | — |
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Drawdowns
IMFL vs. GKAT - Drawdown Comparison
The maximum IMFL drawdown since its inception was -33.26%, which is greater than GKAT's maximum drawdown of -10.41%. Use the drawdown chart below to compare losses from any high point for IMFL and GKAT.
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Drawdown Indicators
| IMFL | GKAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.26% | -10.41% | -22.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.77% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.52% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -33.26% | — | — |
Current DrawdownCurrent decline from peak | -3.35% | -5.15% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -2.11% | -5.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.36% | — | — |
Volatility
IMFL vs. GKAT - Volatility Comparison
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Volatility by Period
| IMFL | GKAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.64% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 14.32% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.75% | 12.54% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.24% | 12.54% | +3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.13% | 12.54% | +3.59% |
IMFL vs. GKAT - Expense Ratio Comparison
IMFL has a 0.34% expense ratio, which is lower than GKAT's 0.59% expense ratio.
Dividends
IMFL vs. GKAT - Dividend Comparison
IMFL's dividend yield for the trailing twelve months is around 2.96%, more than GKAT's 0.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GKAT Scharf Global Opportunity ETF | 0.46% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
IMFL Invesco International Developed Dynamic Multifactor ETF | 2.96% | 2.88% | 3.56% | 3.85% | 3.35% | 3.94% |
Frequently Asked Questions
IMFL and GKAT have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IMFL is cheaper at 0.34% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IMFL is cheaper with a 0.34% expense ratio, compared with 0.59% for GKAT.
IMFL has the higher dividend yield at 2.96%, compared with 0.46% for GKAT.
They also come from different issuers: Invesco and Scharf Investments. Their fees differ too: 0.34% for IMFL and 0.59% for GKAT.
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