How well does the Ajara-Kalika compare to G.Arkveld?

I know it's extremely well tested at this point, so I doubt any theory crafting will truly help narrow the gap at all - but I'm curious if anyone has any input on how good the Ajarakan gunlance can be compared to the supreme G.arkveld one.

Ajara-Kalila naturally comes with both load shells lv2, and offensive guard lv1 - and while it does lose out on slightly strong shelling, are there no possible combinations of the 3, 2, 1 decoration slots + the blast status that can make it competitive comparatively?

This is more of a curiosity really, since I don't have an issue with the G.ark meta, but the theory-crafter in me just can't let this go without sharing thoughts and ideas with at least one other person lol