MDAA vs. GAA

Last updated Apr 1, 2026

Compare and contrast key facts about Myriad Dynamic Asset Allocation ETF (MDAA) and Cambria Global Asset Allocation ETF (GAA).

MDAA and GAA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MDAA is an actively managed fund by Myriad. It was launched on Oct 3, 2025. GAA is an actively managed fund by Cambria. It was launched on Dec 9, 2014.

Performance

MDAA vs. GAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Myriad Dynamic Asset Allocation ETF (MDAA) and Cambria Global Asset Allocation ETF (GAA). The values are adjusted to include any dividend payments, if applicable.

MDAA vs. GAA - Yearly Performance Comparison

	2026 (YTD)	2025
MDAA Myriad Dynamic Asset Allocation ETF	0.65%	-0.27%
GAA Cambria Global Asset Allocation ETF	3.89%	3.62%

Returns By Period

In the year-to-date period, MDAA achieves a 0.65% return, which is significantly lower than GAA's 3.89% return.

MDAA

• 1D: 4.21%
• 1M: -9.77%
• YTD: 0.65%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GAA

• 1D: 1.44%
• 1M: -4.27%
• YTD: 3.89%
• 6M: 8.34%
• 1Y: 19.51%
• 3Y*: 11.98%
• 5Y*: 6.28%
• 10Y*: 7.36%

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

MDAA vs. GAA - Expense Ratio Comparison

MDAA has a 0.97% expense ratio, which is higher than GAA's 0.41% expense ratio.

MDAA

Myriad Dynamic Asset Allocation ETF

GAA

Cambria Global Asset Allocation ETF

Return for Risk

MDAA vs. GAA — Risk / Return Rank

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

GAA

GAA Risk / Return Rank: 90
GAA Sharpe Ratio Rank: 89
GAA Sortino Ratio Rank: 90
GAA Omega Ratio Rank: 89
GAA Calmar Ratio Rank: 89
GAA Martin Ratio Rank: 91

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.

MDAA vs. GAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Myriad Dynamic Asset Allocation ETF (MDAA) and Cambria Global Asset Allocation ETF (GAA). 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

	MDAA	GAA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.60	-0.56

Correlation

The correlation between MDAA and GAA is 0.63, 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

MDAA vs. GAA - Dividend Comparison

MDAA's dividend yield for the trailing twelve months is around 0.46%, less than GAA's 3.78% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MDAA Myriad Dynamic Asset Allocation ETF	0.46%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GAA Cambria Global Asset Allocation ETF	3.78%	4.24%	3.88%	3.73%	6.05%	4.21%	2.73%	3.32%	3.01%	2.36%	2.82%	2.49%

Drawdowns

MDAA vs. GAA - Drawdown Comparison

The maximum MDAA drawdown since its inception was -14.59%, smaller than the maximum GAA drawdown of -26.57%. Use the drawdown chart below to compare losses from any high point for MDAA and GAA.

Drawdown Indicators

	MDAA	GAA	Difference
Max Drawdown Largest peak-to-trough decline	-14.59%	-26.57%	+11.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-26.57%	—
Current Drawdown Current decline from peak	-11.00%	-4.27%	-6.73%
Average Drawdown Average peak-to-trough decline	-3.11%	-3.90%	+0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.75%	—

Volatility

Volatility by Period

	MDAA	GAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.34%	10.33%	+12.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.34%	11.27%	+11.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.34%	11.05%	+11.29%