RAA vs GVIP

Comparison between SMI 3FOURTEEN REAL ASSET ALLOCATION ETF (RAA, ETF) and GOLDMAN SACHS HEDGE INDUSTRY VIP ETF (GVIP, ETF).

RAA vs GVIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RAA(ETF)	GVIP(ETF)
Net Assets	$595M	$599M
Expense Ratio	0.90%	0.45%
Max Drawdown	11.80%	37.10%
Sharpe Ratio	1.21	1.02
5Y Beta	0.66	1.23
P/E Ratio	N/A	62.12
Forward P/E	N/A	26.34
PEG Ratio	N/A	0.27
5Y Dividends CAGR	N/A	48.90%
5Y EPS CAGR	N/A	21.66%
P/S Ratio	N/A	4.51
P/B Ratio	N/A	7.19

Net Assets

RAA

$595M

Winner

GVIP

$599M

Expense Ratio

RAA

0.90%

Winner

GVIP

0.45%

Max Drawdown

Winner

RAA

11.80%

GVIP

37.10%

Sharpe Ratio

Winner

RAA

1.21

GVIP

1.02

5Y Beta

Winner

RAA

0.66

GVIP

1.23

P/E Ratio

RAA

N/A

GVIP

62.12

Forward P/E

RAA

N/A

GVIP

26.34

PEG Ratio

RAA

N/A

GVIP

0.27

5Y Dividends CAGR

RAA

N/A

GVIP

48.90%

5Y EPS CAGR

RAA

N/A

GVIP

21.66%

P/S Ratio

RAA

N/A

GVIP

4.51

P/B Ratio

RAA

N/A

GVIP

7.19

RAA vs GVIP - Historical Returns

Returns include dividend reinvestment.

Period	RAA	GVIP
1 month	-0.47%	-7.34%
3 months	+2.59%	+9.03%
6 months	+5.66%	+11.49%
1 year	+16.71%	+27.49%
5 years(CAGR)	N/A	+12.11%
10 years(CAGR)	N/A	+17.25%
Max(CAGR)	+14.93%	+17.25%

Winner

RAA

-0.47%

GVIP

-7.34%

RAA

+2.59%

Winner

GVIP

+9.03%

RAA

+5.66%

Winner

GVIP

+11.49%

RAA

+16.71%

Winner

GVIP

+27.49%

5Y(CAGR)

RAA

N/A

GVIP

+12.11%

10Y(CAGR)

RAA

N/A

GVIP

+17.25%

Max(CAGR)

RAA

+14.93%

Winner

GVIP

+17.25%

RAA vs GVIP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	RAA	GVIP
2026	+8.15%	+13.73%
2025	+12.12%	+24.18%
2024	N/A	+31.42%
2023	N/A	+40.11%
2022	N/A	-32.35%
2021	N/A	+13.57%
2020	N/A	+42.47%
2019	N/A	+29.65%
2018	N/A	-8.03%
2017	N/A	+24.67%
2016	N/A	+7.97%

RAA vs GVIP Drawdown Comparison

The maximum drawdown for RAA was -11.80%, occurring on Apr 8, 2025. Recovery took 68 trading sessions.

The maximum drawdown for GVIP was -37.09%, occurring on Oct 14, 2022. Recovery took 573 trading sessions.

The current RAA drawdown is -2.85%. The current GVIP drawdown is -7.34%.

Rank	RAA	GVIP
#1	-11.80% Feb 26, 2025 - Jun 4, 2025	-37.09% Nov 16, 2021 - Feb 29, 2024
#2	-5.91% Feb 25, 2026 - Apr 15, 2026	-36.63% Feb 19, 2020 - Jul 20, 2020
#3	-4.56% Jun 2, 2026 - Jun 24, 2026	-23.29% Feb 14, 2025 - Jun 26, 2025
#4	-3.99% Oct 28, 2025 - Dec 10, 2025	-21.47% Sep 20, 2018 - Apr 10, 2019
#5	-3.71% Jan 28, 2026 - Feb 25, 2026	-13.67% Feb 2, 2026 - Apr 14, 2026
#6	-2.31% Oct 8, 2025 - Oct 20, 2025	-10.25% Jul 16, 2024 - Aug 19, 2024
#7	-2.18% May 14, 2026 - May 28, 2026	-10.02% Jun 22, 2026 - Jul 20, 2026
#8	-1.82% Dec 11, 2025 - Dec 23, 2025	-9.91% Apr 30, 2019 - Jul 26, 2019
#9	-1.71% Aug 13, 2025 - Sep 5, 2025	-9.66% Jan 26, 2018 - Mar 12, 2018
#10	-1.46% Jul 29, 2025 - Aug 7, 2025	-9.55% Jul 26, 2019 - Nov 18, 2019
#11	-1.29% Oct 20, 2025 - Oct 27, 2025	-9.08% Mar 12, 2018 - Jun 18, 2018
#12	-1.21% Jan 12, 2026 - Jan 22, 2026	-8.76% Sep 2, 2020 - Oct 13, 2020
#13	-1.02% Dec 26, 2025 - Jan 5, 2026	-7.59% Oct 13, 2020 - Nov 5, 2020
#14	-0.82% Sep 22, 2025 - Sep 30, 2025	-7.24% Oct 29, 2025 - Dec 10, 2025
#15	-0.63% Apr 17, 2026 - Apr 22, 2026	-7.10% Feb 16, 2021 - Apr 9, 2021