Scharf Global Opportunity ETF (GKAT) Performance
GKAT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.8% since Dec 31, 2025
- 1 year
- +13.9% total return
- Since first price
- +18.5% since 2025
GKAT trailing returns vs SPY, QQQ, AGG
| Period | GKAT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.2% | +2.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.2% | +5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.3% | +6.0% | +7.8% | +8.4% | −1.5% |
| YTD | +11.8% | +11.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.9% | +13.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 25, 2025 | +18.5% | +17.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GKAT vs SPY
From Aug 25, 2025: GKAT grew to $11,854, SPY to $11,990.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GKAT returns by calendar year
2026 is year to date.
GKAT annual returns table
| Year | GKAT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.8% | −10.4% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GKAT largest drawdowns
Now 1.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 2, 2026 | −10.4% | Mar 27, 2026 | May 28, 2026 | 25 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GKAT risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +12.8% |
| Volatility (annualized) | 14.4% |
| Sharpe ratio | 0.65 |
| Sortino ratio | 0.95 |
| Best month | +6.0% |
| Worst month | −7.8% |
| Best 12 months | +19.8% |
| Worst 12 months | +10.6% |
| Positive months | 69% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GKAT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | +10.6% | +16.0% | +19.8% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
GKAT performance overview
Scharf Global Opportunity ETF (GKAT) returned +13.9% over the past year, with distributions reinvested. Since its first recorded price on Aug 25, 2025 it has returned +18.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.4%, from Mar 2, 2026 to Mar 27, 2026, and it took 2 months to get back to the old high. Volatility has been 14.4% a year.
Related: GKAT chart, GKAT holdings, GKAT dividends, GKAT valuation. See the GKAT overview for the latest quote and fund facts.
GKAT performance FAQ
What is the GKAT return over the past year?
GKAT returned +13.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.0%.
How much would $10,000 invested in GKAT be worth?
$10,000 invested in GKAT at its first recorded close on August 25, 2025 would be worth about $11,854 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GKAT?
The largest peak-to-trough decline was −10.4% between March 2, 2026 and March 27, 2026. It recovered to the old high on May 28, 2026, 2 months after the bottom.
How volatile is GKAT?
Over the past history GKAT had an annualized volatility of 14.4% and a Sharpe ratio of 0.65 (excess return over 1–3 month T-bills per unit of risk).