IWDL vs GAVA

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

IWDL vs GAVA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

IWDL

$5.70M

GAVA

$5.70M

Expense Ratio

IWDL

N/A

GAVA

0.35%

Max Drawdown

IWDL

37.95%

Winner

GAVA

34.45%

Sharpe Ratio

Winner

IWDL

1.76

GAVA

-2.48

5Y Beta

Winner

IWDL

1.51

GAVA

2.28

IWDL vs GAVA - Historical Returns

Returns include dividend reinvestment.

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

Winner

IWDL

+3.31%

GAVA

-28.55%

Winner

IWDL

+14.07%

GAVA

-29.82%

IWDL

+24.69%

GAVA

N/A

IWDL

+52.14%

GAVA

N/A

5Y(CAGR)

IWDL

+12.62%

GAVA

N/A

Max(CAGR)

Winner

IWDL

+17.33%

GAVA

-78.16%

IWDL vs GAVA - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

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

IWDL vs GAVA Drawdown Comparison

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

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

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

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

Correlation

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

-0.39

-101