NITE vs. GARY

Last updated Jul 17, 2026

NITE (The Nightview Fund) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. NITE charges 1.25%/yr vs 0.77%/yr for GARY.

Performance

NITE vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Nightview Fund (NITE) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NITE achieves a 1.25% return, which is significantly lower than GARY's 29.46% return.

NITE

• 1D: -1.19%
• 1M: -2.10%
• 6M: -2.58%
• YTD: 1.25%
• 1Y: 16.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GARY

• 1D: -1.27%
• 1M: -0.99%
• 6M: 21.92%
• YTD: 29.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NITE vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
NITE The Nightview Fund	1.25%	-1.26%
GARY Mango Growth ETF	29.46%	0.15%

Correlation

The correlation between NITE and GARY is 0.71, 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 Dec 22, 2025	0.71

Return for Risk

NITE vs. GARY — Risk / Return Rank

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

NITE

NITE Risk / Return Rank: 27
NITE Sharpe Ratio Rank: 27
NITE Sortino Ratio Rank: 27
NITE Omega Ratio Rank: 25
NITE Calmar Ratio Rank: 28
NITE Martin Ratio Rank: 28

GARY

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

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.

NITE vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Nightview Fund (NITE) and Mango Growth ETF (GARY). 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.

	NITE	GARY	Difference
Sharpe ratio: Return per unit of total volatility	0.81	—	—
Sortino ratio: Return per unit of downside risk	1.22	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.11	—	—
Martin ratio: Return relative to average drawdown	3.11	—	—

Drawdowns

NITE vs. GARY - Drawdown Comparison

The maximum NITE drawdown since its inception was -29.57%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for NITE and GARY.

Drawdown Indicators

	NITE	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-10.28%	-19.29%
Max Drawdown (1Y) Largest decline over 1 year	-15.16%	—	—
Current Drawdown Current decline from peak	-8.62%	-5.64%	-2.98%
Average Drawdown Average peak-to-trough decline	-5.48%	-1.93%	-3.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.41%	—	—

Volatility

Volatility by Period

	NITE	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.79%	21.74%	-0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.50%	21.74%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.50%	21.74%	+4.76%

NITE vs. GARY - Expense Ratio Comparison

NITE has a 1.25% expense ratio, which is higher than GARY's 0.77% expense ratio.

Dividends

NITE vs. GARY - Dividend Comparison

NITE has not paid dividends to shareholders, while GARY's dividend yield for the trailing twelve months is around 0.04%.

Position	TTM	2025
GARY Mango Growth ETF	0.04%	0.05%
NITE The Nightview Fund	0.00%	0.00%

Frequently Asked Questions

Can I hold both NITE and GARY in my portfolio?

NITE and GARY have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NITE or GARY?

On fees, GARY is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NITE or GARY?

GARY is cheaper with a 0.77% expense ratio, compared with 1.25% for NITE.

Which ETF pays a higher dividend yield, NITE or GARY?

GARY has the higher dividend yield at 0.04%, compared with 0.00% for NITE.

What is the main difference between NITE and GARY?

They also come from different issuers: Nightview and Mango. Their fees differ too: 1.25% for NITE and 0.77% for GARY.