VCAR vs. GDMA
VCAR (Simplify Volt RoboCar Disruption and Tech ETF) and GDMA (Gadsden Dynamic Multi-Asset ETF) are both exchange-traded funds - VCAR is a Consumer Discretionary Equities fund actively managed by Simplify, while GDMA is a Hedge Fund fund actively managed by Gadsden. Both are actively managed. Over the past 5 years, VCAR returned 8.51%/yr vs 7.93%/yr for GDMA. At a 0.29 correlation, their price movements are largely independent. VCAR charges 0.95%/yr vs 0.77%/yr for GDMA.
Performance
VCAR vs. GDMA - Performance Comparison
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Returns By Period
In the year-to-date period, VCAR achieves a -14.06% return, which is significantly lower than GDMA's 9.45% return.
VCAR
- 1D
- -2.02%
- 1M
- -15.86%
- YTD
- -14.06%
- 6M
- -21.06%
- 1Y
- -30.95%
- 3Y*
- 25.33%
- 5Y*
- 8.51%
- 10Y*
- —
GDMA
- 1D
- -0.70%
- 1M
- 2.19%
- YTD
- 9.45%
- 6M
- 8.66%
- 1Y
- 27.20%
- 3Y*
- 16.41%
- 5Y*
- 7.93%
- 10Y*
- —
VCAR vs. GDMA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VCAR Simplify Volt RoboCar Disruption and Tech ETF | -14.06% | -14.73% | 152.27% | 58.33% | -61.11% | 18.52% | 2.57% |
GDMA Gadsden Dynamic Multi-Asset ETF | 9.45% | 25.29% | 7.44% | 1.72% | -2.08% | 3.95% | 0.82% |
Correlation
The correlation between VCAR and GDMA is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Dec 29, 2020 | 0.29 |
The correlation between VCAR and GDMA shifts across timeframes, from 0.27 (5 years) to 0.43 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
VCAR vs. GDMA — Risk / Return Rank
VCAR
GDMA
VCAR vs. GDMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) and Gadsden Dynamic Multi-Asset ETF (GDMA). 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.
| VCAR | GDMA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.35 | ||
| Sortino ratioReturn per unit of downside risk | -2.86 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.35 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 3.63 | -4.18 |
| Martin ratioReturn relative to average drawdown | -0.95 | 9.58 | -10.53 |
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Drawdowns
VCAR vs. GDMA - Drawdown Comparison
The maximum VCAR drawdown since its inception was -69.11%, which is greater than GDMA's maximum drawdown of -16.66%. Use the drawdown chart below to compare losses from any high point for VCAR and GDMA.
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Drawdown Indicators
| VCAR | GDMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.11% | -16.66% | -52.45% |
Max Drawdown (1Y)Largest decline over 1 year | -56.12% | -7.53% | -48.59% |
Max Drawdown (3Y)Largest decline over 3 years | -56.12% | -7.53% | -48.59% |
Max Drawdown (5Y)Largest decline over 5 years | -69.11% | -12.74% | -56.37% |
Current DrawdownCurrent decline from peak | -46.67% | -4.19% | -42.48% |
Average DrawdownAverage peak-to-trough decline | -37.72% | -3.78% | -33.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.66% | 2.85% | +29.81% |
Volatility
VCAR vs. GDMA - Volatility Comparison
Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a higher volatility of 15.79% compared to Gadsden Dynamic Multi-Asset ETF (GDMA) at 8.75%. This indicates that VCAR's price experiences larger fluctuations and is considered to be riskier than GDMA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VCAR | GDMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.79% | 8.75% | +7.04% |
Volatility (6M)Calculated over the trailing 6-month period | 41.72% | 12.86% | +28.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.36% | 15.25% | +41.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.04% | 10.21% | +40.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.13% | 11.32% | +38.81% |
VCAR vs. GDMA - Expense Ratio Comparison
VCAR has a 0.95% expense ratio, which is higher than GDMA's 0.77% expense ratio.
Dividends
VCAR vs. GDMA - Dividend Comparison
VCAR's dividend yield for the trailing twelve months is around 26.76%, more than GDMA's 2.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GDMA Gadsden Dynamic Multi-Asset ETF | 2.55% | 2.79% | 2.32% | 4.14% | 1.18% | 2.10% | 0.62% | 3.17% |
VCAR Simplify Volt RoboCar Disruption and Tech ETF | 26.76% | 23.87% | 0.62% | 0.00% | 0.83% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VCAR and GDMA have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VCAR has higher volatility (15.79%) compared to GDMA (8.75%). In terms of maximum drawdown, VCAR dropped -69.11% vs GDMA's -16.66%.
On 5-year performance, VCAR leads with 8.51% vs 7.93% for GDMA. On fees, GDMA is cheaper at 0.77% per year. On volatility, GDMA has been the lower-risk option at 8.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VCAR has performed better with a 8.51% return vs 7.93%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GDMA is cheaper with a 0.77% expense ratio, compared with 0.95% for VCAR.
VCAR has the higher dividend yield at 26.76%, compared with 2.55% for GDMA.
VCAR is categorized as Consumer Discretionary Equities, while GDMA is Hedge Fund. They also come from different issuers: Simplify and Gadsden. Their fees differ too: 0.95% for VCAR and 0.77% for GDMA.
GDMA currently has the higher Sharpe Ratio (1.80 vs -0.55), 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.
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