GAUD vs. SPXM

Last updated Jul 16, 2026

GAUD (Guinness Atkinson US Dividend Builder ETF) and SPXM (Azoria 500 Meritocracy ETF) are both Large Cap Blend Equities funds. Both are actively managed. GAUD charges 0.45%/yr vs 0.47%/yr for SPXM.

Performance

GAUD vs. SPXM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guinness Atkinson US Dividend Builder ETF (GAUD) and Azoria 500 Meritocracy ETF (SPXM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GAUD

• 1D: 0.00%
• 1M: -2.34%
• 6M: -3.45%
• YTD: -0.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPXM

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 0.00%
• 1Y: 8.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GAUD vs. SPXM - Yearly Performance Comparison

	2026 (YTD)	2025
GAUD Guinness Atkinson US Dividend Builder ETF	-0.92%	-1.12%
SPXM Azoria 500 Meritocracy ETF	0.00%	0.00%

Return for Risk

GAUD vs. SPXM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GAUD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SPXM

SPXM Risk / Return Rank: 61
SPXM Sharpe Ratio Rank: 51
SPXM Sortino Ratio Rank: 50
SPXM Omega Ratio Rank: 84
SPXM Calmar Ratio Rank: 53
SPXM Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GAUD vs. SPXM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guinness Atkinson US Dividend Builder ETF (GAUD) and Azoria 500 Meritocracy ETF (SPXM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GAUD	SPXM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.44	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	2.18	—
Martin ratio: Return relative to average drawdown	—	10.19	—

Drawdowns

GAUD vs. SPXM - Drawdown Comparison

The maximum GAUD drawdown since its inception was -9.17%, which is greater than SPXM's maximum drawdown of -5.08%. Use the drawdown chart below to compare losses from any high point for GAUD and SPXM.

Drawdown Indicators

	GAUD	SPXM	Difference
Max Drawdown Largest peak-to-trough decline	-9.17%	-5.08%	-4.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.08%	—
Current Drawdown Current decline from peak	-4.30%	-0.75%	-3.55%
Average Drawdown Average peak-to-trough decline	-3.59%	-0.78%	-2.81%

Volatility

Volatility by Period

	GAUD	SPXM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.30%	7.66%	+3.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.30%	7.61%	+3.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.30%	7.61%	+3.69%

GAUD vs. SPXM - Expense Ratio Comparison

GAUD has a 0.45% expense ratio, which is lower than SPXM's 0.47% expense ratio.

Dividends

GAUD vs. SPXM - Dividend Comparison

GAUD's dividend yield for the trailing twelve months is around 0.61%, more than SPXM's 0.24% yield.

Position	TTM	2025
GAUD Guinness Atkinson US Dividend Builder ETF	0.61%	0.00%
SPXM Azoria 500 Meritocracy ETF	0.24%	0.24%

Frequently Asked Questions

Which ETF is better, GAUD or SPXM?

On fees, GAUD is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GAUD or SPXM?

GAUD is cheaper with a 0.45% expense ratio, compared with 0.47% for SPXM.

Which ETF pays a higher dividend yield, GAUD or SPXM?

GAUD has the higher dividend yield at 0.61%, compared with 0.24% for SPXM.

What is the main difference between GAUD and SPXM?

They also come from different issuers: Guinness Atkinson and Azoria. Their fees differ too: 0.45% for GAUD and 0.47% for SPXM.