VAVX vs LSEQ

Comparison between VanEck Avalanche ETF (VAVX, ETF) and HARBOR LONG-SHORT EQUITY ETF (LSEQ, ETF).

VAVX vs LSEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VAVX(ETF)	LSEQ(ETF)
Net Assets	$15M	$15M
Expense Ratio	0.20%	2.28%
Max Drawdown	45.88%	8.35%
Sharpe Ratio	-1.89	1.64
5Y Beta	2.66	0.23
P/E Ratio	N/A	6.33
Forward P/E	N/A	16.47
5Y EPS CAGR	N/A	10.17%
Debt to Equity	N/A	304.20%

Net Assets

VAVX

$15M

Winner

LSEQ

$15M

Expense Ratio

Winner

VAVX

0.20%

LSEQ

2.28%

Max Drawdown

VAVX

45.88%

Winner

LSEQ

8.35%

Sharpe Ratio

VAVX

-1.89

Winner

LSEQ

1.64

5Y Beta

VAVX

2.66

Winner

LSEQ

0.23

P/E Ratio

VAVX

N/A

LSEQ

6.33

Forward P/E

VAVX

N/A

LSEQ

16.47

5Y EPS CAGR

VAVX

N/A

LSEQ

10.17%

Debt to Equity

VAVX

N/A

LSEQ

304.20%

VAVX vs LSEQ - Historical Returns

Returns include dividend reinvestment.

Period	VAVX	LSEQ
1 month	-33.19%	+0.63%
3 months	-31.00%	+12.15%
6 months	N/A	+29.07%
1 year	N/A	+32.86%
Max(CAGR)	-77.57%	+17.61%

VAVX

-33.19%

Winner

LSEQ

+0.63%

VAVX

-31.00%

Winner

LSEQ

+12.15%

VAVX

N/A

LSEQ

+29.07%

VAVX

N/A

LSEQ

+32.86%

Max(CAGR)

VAVX

-77.57%

Winner

LSEQ

+17.61%

VAVX vs LSEQ - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	VAVX	LSEQ
2026	-42.92%	+28.77%
2025	N/A	+3.52%
2024	N/A	+13.99%
2023	N/A	-1.20%

VAVX vs LSEQ Drawdown Comparison

The maximum drawdown for VAVX was -45.88%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

The maximum drawdown for LSEQ was -8.35%, occurring on Dec 31, 2024. Recovery took 273 trading sessions.

The current VAVX drawdown is -44.91%.

Rank	VAVX	LSEQ
#1	-45.88% Jan 27, 2026 - Jun 10, 2026	-8.35% Dec 6, 2024 - Jan 12, 2026
#2	N/A	-8.27% Jun 18, 2024 - Nov 8, 2024
#3	N/A	-7.63% Mar 25, 2024 - May 24, 2024
#4	N/A	-7.40% Feb 27, 2026 - Apr 9, 2026
#5	N/A	-5.28% May 13, 2026 - Jun 12, 2026
#6	N/A	-4.16% Jan 29, 2026 - Feb 3, 2026
#7	N/A	-3.18% May 29, 2024 - Jun 12, 2024
#8	N/A	-2.62% Dec 5, 2023 - Jan 12, 2024
#9	N/A	-1.92% Apr 30, 2026 - May 6, 2026
#10	N/A	-1.91% Feb 15, 2024 - Feb 23, 2024
#11	N/A	-1.89% Apr 10, 2026 - Apr 30, 2026
#12	N/A	-1.88% Feb 3, 2026 - Feb 9, 2026
#13	N/A	-1.67% May 6, 2026 - May 11, 2026
#14	N/A	-1.60% Feb 11, 2026 - Feb 18, 2026
#15	N/A	-1.54% Nov 26, 2024 - Dec 6, 2024

Correlation

Correlation between VAVX and LSEQ is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.91

-101