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GPZ vs AAUM

VanEck Alternative Asset Manager ETF vs Tema Alternative Asset Managers

GPZ

VanEck Alternative Asset Manager ETF

VanEck

Annual cost

0.40%

Fund size

$245M

AAUM

Tema Alternative Asset Managers

Tema Global Limited

Annual cost

0.75%

Fund size

$2M

Key differences

  • GPZ costs 0.35% less per year.
  • GPZ is significantly larger than AAUM — larger funds tend to be more liquid and less likely to close.
  • GPZ is classified as equity, while AAUM is alternative — different risk/return profiles.
  • GPZ follows a index tracking strategy; AAUM uses multi strategy.

Side-by-side comparison

GPZAAUM
Annual cost (TER)0.40%0.75%
Fund size (AUM)$245M$2M
Since20252025
Dividend yield
Asset classequityalternative
Regionnorth america
Strategyindex trackingmulti strategy
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-31.72%-28.24%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to GPZ and AAUM