WARP vs AVRY

Comparison between VANECK SPACE ETF (WARP, ETF) and AVORY FOUNDATIONAL ETF (AVRY, ETF).

WARP vs AVRY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WARP(ETF)	AVRY(ETF)
Net Assets	$58M	$58M
Expense Ratio	0.50%	0.89%
Max Drawdown	50.07%	21.58%
Sharpe Ratio	-1.25	-0.46
5Y Beta	3.15	1.15
P/E Ratio	-35.38	164.53
Forward P/E	N/A	21.99
Debt to Equity	10.74%	34.57%
P/S Ratio	8.50	2.92
P/B Ratio	5.90	3.82

Net Assets

WARP

$58M

Winner

AVRY

$58M

Expense Ratio

Winner

WARP

0.50%

AVRY

0.89%

Max Drawdown

WARP

50.07%

Winner

AVRY

21.58%

Sharpe Ratio

WARP

-1.25

Winner

AVRY

-0.46

5Y Beta

WARP

3.15

Winner

AVRY

1.15

P/E Ratio

Winner

WARP

-35.38

AVRY

164.53

Forward P/E

WARP

N/A

AVRY

21.99

Debt to Equity

Winner

WARP

10.74%

AVRY

34.57%

P/S Ratio

WARP

8.50

Winner

AVRY

2.92

P/B Ratio

WARP

5.90

Winner

AVRY

3.82

WARP vs AVRY - Holdings Comparison

WARP and AVRY have 1 common holdings. Overlap is -5.67%

WARP's top 25 holdings weight is 99.99%. AVRY's top 25 holdings weight is 102.89%.

Rank	WARP	AVRY
#1	SPACE EXPLORATION TECHNOLOGIES CORP CLASS A (SPCX) - 20.78%	BLOCK INC CLASS A (XYZ) - 7.67%
#2	ROCKET LAB CORP (RKLB) - 12.30%	OKTA INC CLASS A (OKTA) - 7.06%
#3	VIASAT INC (VSAT) - 6.38%	ZOOM COMMUNICATIONS INC (ZM) - 6.68%
#4	IRIDIUM COMMUNICATIONS INC (IRDM) - 5.95%	CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 6.10%
#5	AST SPACEMOBILE INC ORDINARY SHARES CLASS A (ASTS) - 5.93%	OMNICELL INC (OMCL) - 5.65%
#6	GLOBALSTAR INC (GSAT) - 5.59%	OTHER ASSETS AND LIABILITIES (n/a) - 5.60%
#7	ECHOSTAR CORP CLASS A (ECHO) - 5.19%	AMAZON.COM INC (AMZN) - 5.32%
#8	PLANET LABS PBC CLASS A (PL) - 5.02%	XOMETRY INC ORDINARY SHARES CLASS A (XMTR) - 5.13%
#9	MDA SPACE LTD (n/a) - 4.90%	META PLATFORMS INC CLASS A (META) - 5.10%
#10	SKY PERFECT JSAT CORP (n/a) - 3.90%	BLACKSTONE INC (BX) - 4.89%
#11	REDWIRE CORP (RDW) - 3.28%	AIRBNB INC ORDINARY SHARES CLASS A (ABNB) - 4.83%
#12	FIREFLY AEROSPACE INC (FLY) - 3.26%	FIRST WATCH RESTAURANT GROUP INC (FWRG) - 4.48%
#13	SES RECEIPT (n/a) - 3.25%	ZILLOW GROUP INC CLASS C (Z) - 4.02%
#14	INTUITIVE MACHINES INC ORDINARY SHARES CLASS A (LUNR) - 3.12%	DUTCH BROS INC CLASS A (BROS) - 3.75%
#15	VOYAGER TECHNOLOGIES INC CLASS A (VOYG) - 2.11%	PAYCOM SOFTWARE INC (PAYC) - 3.74%
#16	AVIO SPA (n/a) - 1.98%	STARBUCKS CORP (SBUX) - 2.96%
#17	NEXTNAV INC (NN) - 1.89%	ROBLOX CORP ORDINARY SHARES CLASS A (RBLX) - 2.78%
#18	EUTELSAT COMMUNICATIONS (n/a) - 1.76%	CISCO SYSTEMS INC (CSCO) - 2.69%
#19	ASTROSCALE HOLDINGS INC (n/a) - 1.29%	SITEONE LANDSCAPE SUPPLY INC (SITE) - 2.65%
#20	SYNSPECTIVE INC (n/a) - 1.00%	LEGALZOOM.COM INC (LZ) - 2.59%
#21	GILAT SATELLITE NETWORKS LTD (GILT) - 0.99%	MONDAY.COM LTD ORDINARY SHARES (MNDY) - 1.93%
#22	US DOLLAR (n/a) - 0.12%	UIPATH INC CLASS A (PATH) - 1.90%
#23	EURO CURRENCY (n/a) - 0.00%	SALESFORCE INC (CRM) - 1.89%
#24	N/A	UBER TECHNOLOGIES INC (UBER) - 1.75%
#25	N/A	NEXTERA ENERGY INC (NEE) - 1.73%
Total Holdings	23	29

WARP vs AVRY - Historical Returns

Returns include dividend reinvestment.

Period	WARP	AVRY
1 month	-17.18%	+2.66%
3 months	-22.77%	+1.64%
6 months	N/A	-8.55%
Max(CAGR)	-70.65%	-16.24%

WARP

-17.18%

Winner

AVRY

+2.66%

WARP

-22.77%

Winner

AVRY

+1.64%

WARP

N/A

AVRY

-8.55%

Max(CAGR)

WARP

-70.65%

Winner

AVRY

-16.24%

WARP vs AVRY - Annual Returns (2026 - 2026)

Returns include dividend reinvestment.

Year	WARP	AVRY
2026	-22.77%	-8.45%

WARP vs AVRY Drawdown Comparison

The maximum drawdown for WARP was -50.07%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for AVRY was -21.58%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current WARP drawdown is -49.13%. The current AVRY drawdown is -9.83%.

Rank	WARP	AVRY
#1	-50.07% May 28, 2026 - Jul 20, 2026	-21.58% Jan 26, 2026 - Mar 27, 2026
#2	-3.25% May 14, 2026 - May 20, 2026	N/A
#3	-1.35% May 11, 2026 - May 13, 2026	N/A
#4	-0.57% May 20, 2026 - May 22, 2026	N/A