QPX vs. GK
Compare and contrast key facts about AdvisorShares Q Dynamic Growth ETF (QPX) and AdvisorShares Gerber Kawasaki ETF (GK).
QPX and GK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QPX is an actively managed fund by AdvisorShares. It was launched on Dec 28, 2020. GK is an actively managed fund by AdvisorShares. It was launched on Jul 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QPX or GK.
Key characteristics
| QPX | GK | |
|---|---|---|
| YTD Return | 19.51% | 21.46% |
| 1Y Return | 30.75% | 34.19% |
| 3Y Return (Ann) | 6.04% | -7.17% |
| Sharpe Ratio | 2.15 | 1.84 |
| Sortino Ratio | 2.90 | 2.46 |
| Omega Ratio | 1.39 | 1.33 |
| Calmar Ratio | 2.82 | 0.81 |
| Martin Ratio | 11.58 | 8.49 |
| Ulcer Index | 2.59% | 3.90% |
| Daily Std Dev | 13.95% | 17.95% |
| Max Drawdown | -34.75% | -47.72% |
| Current Drawdown | 0.00% | -20.77% |
Correlation
The correlation between QPX and GK is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QPX vs. GK - Performance Comparison
In the year-to-date period, QPX achieves a 19.51% return, which is significantly lower than GK's 21.46% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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QPX vs. GK - Expense Ratio Comparison
QPX has a 1.46% expense ratio, which is higher than GK's 0.81% expense ratio.
Risk-Adjusted Performance
QPX vs. GK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Q Dynamic Growth ETF (QPX) and AdvisorShares Gerber Kawasaki ETF (GK). 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.
Dividends
QPX vs. GK - Dividend Comparison
QPX has not paid dividends to shareholders, while GK's dividend yield for the trailing twelve months is around 0.11%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
QPX AdvisorShares Q Dynamic Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% |
GK AdvisorShares Gerber Kawasaki ETF | 0.11% | 0.13% | 1.30% | 0.04% |
Drawdowns
QPX vs. GK - Drawdown Comparison
The maximum QPX drawdown since its inception was -34.75%, smaller than the maximum GK drawdown of -47.72%. Use the drawdown chart below to compare losses from any high point for QPX and GK. For additional features, visit the drawdowns tool.
Volatility
QPX vs. GK - Volatility Comparison
The current volatility for AdvisorShares Q Dynamic Growth ETF (QPX) is 3.71%, while AdvisorShares Gerber Kawasaki ETF (GK) has a volatility of 4.90%. This indicates that QPX experiences smaller price fluctuations and is considered to be less risky than GK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.