RGEF vs. GVAL

Last updated Jun 24, 2026

RGEF (Rockefeller Global Equity ETF) and GVAL (Cambria Global Value ETF) are both Global Equities funds. Both are actively managed. Over the past year, RGEF returned 28.06% vs 43.62% for GVAL. A 0.67 correlation means they provide meaningful diversification when combined. RGEF charges 0.55%/yr vs 0.64%/yr for GVAL.

Performance

RGEF vs. GVAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rockefeller Global Equity ETF (RGEF) and Cambria Global Value ETF (GVAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGEF achieves a 11.69% return, which is significantly lower than GVAL's 17.40% return.

RGEF

• 1D: -2.37%
• 1M: -0.06%
• YTD: 11.69%
• 6M: 11.31%
• 1Y: 28.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GVAL

• 1D: -1.91%
• 1M: 4.28%
• YTD: 17.40%
• 6M: 17.33%
• 1Y: 43.62%
• 3Y*: 27.44%
• 5Y*: 14.14%
• 10Y*: 11.81%

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

RGEF vs. GVAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RGEF Rockefeller Global Equity ETF	11.69%	25.37%	-1.33%
GVAL Cambria Global Value ETF	17.40%	55.87%	-4.34%

Correlation

The correlation between RGEF and GVAL is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Oct 28, 2024	0.67

The correlation between RGEF and GVAL has been stable across timeframes, ranging from 0.67 to 0.75 - a consistent structural relationship.

Return for Risk

RGEF vs. GVAL — Risk / Return Rank

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

RGEF

RGEF Risk / Return Rank: 65
RGEF Sharpe Ratio Rank: 64
RGEF Sortino Ratio Rank: 63
RGEF Omega Ratio Rank: 61
RGEF Calmar Ratio Rank: 63
RGEF Martin Ratio Rank: 73

GVAL

GVAL Risk / Return Rank: 84
GVAL Sharpe Ratio Rank: 89
GVAL Sortino Ratio Rank: 87
GVAL Omega Ratio Rank: 86
GVAL Calmar Ratio Rank: 78
GVAL Martin Ratio Rank: 78

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.

RGEF vs. GVAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rockefeller Global Equity ETF (RGEF) and Cambria Global Value ETF (GVAL). 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.

	RGEF	GVAL	Difference
Sharpe ratio: Return per unit of total volatility	1.90	2.82	-0.92
Sortino ratio: Return per unit of downside risk	2.64	3.72	-1.08
Omega ratio: Gain probability vs. loss probability	1.34	1.50	-0.16
Calmar ratio: Return relative to maximum drawdown	2.83	3.81	-0.98
Martin ratio: Return relative to average drawdown	12.33	14.52	-2.19

RGEF vs. GVAL - Sharpe Ratio Comparison

The current RGEF Sharpe Ratio is 1.90, which is lower than the GVAL Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of RGEF and GVAL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RGEF vs. GVAL - Drawdown Comparison

The maximum RGEF drawdown since its inception was -16.01%, smaller than the maximum GVAL drawdown of -46.82%. Use the drawdown chart below to compare losses from any high point for RGEF and GVAL.

Drawdown Indicators

	RGEF	GVAL	Difference
Max Drawdown Largest peak-to-trough decline	-16.01%	-46.82%	+30.81%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-11.50%	+1.55%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-30.83%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.82%	—
Current Drawdown Current decline from peak	-2.94%	-2.31%	-0.63%
Average Drawdown Average peak-to-trough decline	-1.79%	-13.82%	+12.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	3.01%	-0.73%

Volatility

RGEF vs. GVAL - Volatility Comparison

Rockefeller Global Equity ETF (RGEF) and Cambria Global Value ETF (GVAL) have volatilities of 6.27% and 6.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGEF	GVAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.27%	6.37%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	12.43%	13.81%	-1.38%
Volatility (1Y) Calculated over the trailing 1-year period	14.83%	15.55%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	18.60%	-1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.15%	19.00%	-1.85%

RGEF vs. GVAL - Expense Ratio Comparison

RGEF has a 0.55% expense ratio, which is lower than GVAL's 0.64% expense ratio.

Dividends

RGEF vs. GVAL - Dividend Comparison

RGEF's dividend yield for the trailing twelve months is around 0.90%, less than GVAL's 2.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GVAL Cambria Global Value ETF	2.43%	2.93%	4.75%	6.12%	5.05%	2.97%	1.90%	2.84%	4.65%	2.00%	2.54%	2.11%
RGEF Rockefeller Global Equity ETF	0.90%	0.92%	0.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RGEF and GVAL in my portfolio?

RGEF and GVAL have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGEF or GVAL?

GVAL has higher volatility (6.37%) compared to RGEF (6.27%). In terms of maximum drawdown, RGEF dropped -16.01% vs GVAL's -46.82%.

Which ETF is better, RGEF or GVAL?

On 1-year performance, GVAL leads with 43.62% vs 28.06% for RGEF. On fees, RGEF is cheaper at 0.55% per year. On volatility, RGEF has been the lower-risk option at 6.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RGEF or GVAL?

Over the 1-year period, GVAL has performed better with a 43.62% return vs 28.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RGEF or GVAL?

RGEF is cheaper with a 0.55% expense ratio, compared with 0.64% for GVAL.

Which ETF pays a higher dividend yield, RGEF or GVAL?

GVAL has the higher dividend yield at 2.43%, compared with 0.90% for RGEF.

What is the main difference between RGEF and GVAL?

They also come from different issuers: Rockefeller and Cambria. Their fees differ too: 0.55% for RGEF and 0.64% for GVAL.

Which has better risk-adjusted returns?

GVAL currently has the higher Sharpe Ratio (2.82 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.