GAVA vs MPL
Comparison between Grayscale Avalanche Trust ETF (GAVA, ETF) and Defiance Daily Target 2X Long MP ETF (MPL, ETF).
GAVA vs MPL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
GAVA
$5.70M
MPL
$5.70M
Expense Ratio
GAVA
0.35%
MPL
N/A
Max Drawdown
GAVA
34.45%
Winner
MPL
34.06%
Sharpe Ratio
Winner
GAVA
-2.48
MPL
-4.28
5Y Beta
Winner
GAVA
2.28
MPL
7.37
GAVA vs MPL - Historical Returns
Returns include dividend reinvestment.
1M
GAVA
-28.55%
MPL
N/A
3M
GAVA
-29.82%
MPL
N/A
Max(CAGR)
Winner
GAVA
-78.16%
MPL
-100.00%
GAVA vs MPL - Annual Returns (2026 - 2026)
Returns include dividend reinvestment.
| Year | GAVA | MPL |
|---|---|---|
| 2026 | -29.82% | -24.56% |
GAVA vs MPL 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 MPL was -34.06%, occurring on Jun 5, 2026. This drawdown has not yet recovered.
The current GAVA drawdown is -34.45%. The current MPL drawdown is -34.06%.
| Rank | GAVA | MPL |
|---|---|---|
| #1 | -34.45% Mar 16, 2026 - Jun 5, 2026 | -34.06% Jun 2, 2026 - Jun 5, 2026 |
| #2 | N/A | -8.36% May 26, 2026 - Jun 1, 2026 |
Correlation
Correlation between GAVA and MPL is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Select Stocks to Compare
Popular: GAVA vs SPYMPL vs SPY
More Comparisons
Compare with similar stocks