GAVA vs SPY

GAVA vs SPY
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Quick Verdict

SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: TiedHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricGAVASPYWinner
Expense Ratio-0.09%
AUM$5M$814.4B
Dividend Yield0.00%1.01%
Holdings0505
YTD Return-24.06%+12.87%
1Y Return-+21.13%
3Y Return (annualized)-+20.86%
5Y Return (annualized)-+12.69%
Volatility (annualized)-15.3%
Max Drawdown-40.4%-56.5%
Fund FamilyGrayscaleState Street Investment Management
CategoryAlternativeEquity
InceptionMar 12, 2026Jan 22, 1993

GAVA vs SPY Performance

Grayscale Avalanche Staking ETF (GAVA) is a ETF from Grayscale and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, GAVA is down 24.06% versus a gain of 12.87% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -40.4% for GAVA and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Frequently Asked Questions

Which pays a higher dividend, GAVA or SPY?

GAVA yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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