GAVA vs IWDL

Comparison between Grayscale Avalanche Trust ETF (GAVA, ETF) and UBS AG London Branch (IWDL, ETF).

GAVA vs IWDL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GAVA(ETF)	IWDL(ETF)
Net Assets	$5.70M	$5.70M
Expense Ratio	0.35%	N/A
Max Drawdown	34.45%	37.95%
Sharpe Ratio	-2.48	1.76
5Y Beta	2.28	1.51

Net Assets

GAVA

$5.70M

IWDL

$5.70M

Expense Ratio

GAVA

0.35%

IWDL

N/A

Max Drawdown

Winner

GAVA

34.45%

IWDL

37.95%

Sharpe Ratio

GAVA

-2.48

Winner

IWDL

1.76

5Y Beta

GAVA

2.28

Winner

IWDL

1.51

GAVA vs IWDL - Historical Returns

Returns include dividend reinvestment.

Period	GAVA	IWDL
1 month	-28.55%	+3.31%
3 months	-29.82%	+14.07%
6 months	N/A	+24.69%
1 year	N/A	+52.14%
5 years(CAGR)	N/A	+12.62%
Max(CAGR)	-78.16%	+17.33%

GAVA

-28.55%

Winner

IWDL

+3.31%

GAVA

-29.82%

Winner

IWDL

+14.07%

GAVA

N/A

IWDL

+24.69%

GAVA

N/A

IWDL

+52.14%

5Y(CAGR)

GAVA

N/A

IWDL

+12.62%

Max(CAGR)

GAVA

-78.16%

Winner

IWDL

+17.33%

GAVA vs IWDL - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	GAVA	IWDL
2026	-29.82%	+27.77%
2025	N/A	+25.53%
2024	N/A	+20.00%
2023	N/A	+13.54%
2022	N/A	-21.61%
2021	N/A	+40.35%

GAVA vs IWDL Drawdown Comparison

The maximum drawdown for GAVA was -34.45%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for IWDL was -37.95%, occurring on Sep 30, 2022. Recovery took 554 trading sessions.

The current GAVA drawdown is -34.45%. The current IWDL drawdown is -3.32%.

Rank	GAVA	IWDL
#1	-34.45% Mar 16, 2026 - Jun 5, 2026	-37.95% Jan 12, 2022 - Mar 28, 2024
#2	N/A	-31.78% Nov 29, 2024 - Sep 11, 2025
#3	N/A	-13.53% Mar 2, 2026 - Apr 17, 2026
#4	N/A	-11.09% Nov 8, 2021 - Dec 27, 2021
#5	N/A	-10.69% Mar 28, 2024 - Jul 16, 2024
#6	N/A	-9.93% Jul 31, 2024 - Aug 21, 2024
#7	N/A	-9.18% Jun 4, 2021 - Aug 11, 2021
#8	N/A	-8.54% Sep 2, 2021 - Oct 19, 2021
#9	N/A	-7.72% Nov 12, 2025 - Nov 26, 2025
#10	N/A	-6.59% Oct 18, 2024 - Nov 6, 2024
#11	N/A	-6.46% May 7, 2021 - Jun 4, 2021
#12	N/A	-5.90% Aug 30, 2024 - Sep 19, 2024
#13	N/A	-5.68% Oct 6, 2025 - Oct 24, 2025
#14	N/A	-5.47% Feb 24, 2021 - Mar 8, 2021
#15	N/A	-5.14% Dec 24, 2025 - Jan 5, 2026

Correlation

Correlation between GAVA and IWDL is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101