KAT vs. CNAV

Last updated Jun 5, 2026

KAT (Scharf ETF) and CNAV (Mohr Company Nav ETF) are both Large Cap Blend Equities funds. Both are actively managed. At a 0.37 correlation, their price movements are largely independent. KAT charges 0.75%/yr vs 1.31%/yr for CNAV.

Performance

KAT vs. CNAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Scharf ETF (KAT) and Mohr Company Nav ETF (CNAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KAT achieves a 1.07% return, which is significantly lower than CNAV's 45.35% return.

KAT

• 1D: 0.70%
• 1M: 0.55%
• YTD: 1.07%
• 6M: 2.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CNAV

• 1D: -1.30%
• 1M: 15.60%
• YTD: 45.35%
• 6M: 44.98%
• 1Y: 69.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KAT vs. CNAV - Yearly Performance Comparison

	2026 (YTD)	2025
KAT Scharf ETF	1.07%	0.98%
CNAV Mohr Company Nav ETF	45.35%	9.35%

Correlation

The correlation between KAT and CNAV is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 26, 2025	0.37

Return for Risk

KAT vs. CNAV — Risk / Return Rank

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

CNAV

CNAV Risk / Return Rank: 85
CNAV Sharpe Ratio Rank: 86
CNAV Sortino Ratio Rank: 80
CNAV Omega Ratio Rank: 79
CNAV Calmar Ratio Rank: 90
CNAV Martin Ratio Rank: 92

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.

KAT vs. CNAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Scharf ETF (KAT) and Mohr Company Nav ETF (CNAV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KAT	CNAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.57	-1.32

Drawdowns

KAT vs. CNAV - Drawdown Comparison

The maximum KAT drawdown since its inception was -9.25%, smaller than the maximum CNAV drawdown of -30.06%. Use the drawdown chart below to compare losses from any high point for KAT and CNAV.

Drawdown Indicators

	KAT	CNAV	Difference
Max Drawdown Largest peak-to-trough decline	-9.25%	-30.06%	+20.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.97%	—
Current Drawdown Current decline from peak	-4.31%	-1.30%	-3.01%
Average Drawdown Average peak-to-trough decline	-3.21%	-5.41%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.03%	—

Volatility

Volatility by Period

	KAT	CNAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.10%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	25.12%	-14.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	27.15%	-16.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.48%	27.15%	-16.67%

KAT vs. CNAV - Expense Ratio Comparison

KAT has a 0.75% expense ratio, which is lower than CNAV's 1.31% expense ratio.

Dividends

KAT vs. CNAV - Dividend Comparison

Neither KAT nor CNAV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both KAT and CNAV in my portfolio?

KAT and CNAV have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KAT or CNAV?

On fees, KAT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KAT or CNAV?

KAT is cheaper with a 0.75% expense ratio, compared with 1.31% for CNAV.

Which ETF pays a higher dividend yield, KAT or CNAV?

KAT and CNAV have nearly identical dividend yields, around 0.00%.

What is the main difference between KAT and CNAV?

They also come from different issuers: Scharf Investments and Mohr. Their fees differ too: 0.75% for KAT and 1.31% for CNAV.