GDMA vs. SGRT

Last updated Jun 4, 2026

GDMA (Gadsden Dynamic Multi-Asset ETF) and SGRT (SMART Earnings Growth 30 ETF) are both exchange-traded funds - GDMA is a Hedge Fund fund actively managed by Gadsden, while SGRT is a Large Cap Growth Equities fund. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. GDMA charges 0.77%/yr vs 0.59%/yr for SGRT.

Performance

GDMA vs. SGRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gadsden Dynamic Multi-Asset ETF (GDMA) and SMART Earnings Growth 30 ETF (SGRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDMA achieves a 11.18% return, which is significantly lower than SGRT's 51.46% return.

GDMA

• 1D: 0.30%
• 1M: 1.83%
• YTD: 11.18%
• 6M: 14.08%
• 1Y: 32.26%
• 3Y*: 16.91%
• 5Y*: 7.66%
• 10Y*: —

SGRT

• 1D: 0.03%
• 1M: 14.68%
• YTD: 51.46%
• 6M: 56.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GDMA vs. SGRT - Yearly Performance Comparison

	2026 (YTD)	2025
GDMA Gadsden Dynamic Multi-Asset ETF	11.18%	10.76%
SGRT SMART Earnings Growth 30 ETF	51.46%	25.25%

Correlation

The correlation between GDMA and SGRT is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.61

Return for Risk

GDMA vs. SGRT — Risk / Return Rank

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

GDMA

GDMA Risk / Return Rank: 74
GDMA Sharpe Ratio Rank: 75
GDMA Sortino Ratio Rank: 70
GDMA Omega Ratio Rank: 77
GDMA Calmar Ratio Rank: 82
GDMA Martin Ratio Rank: 65

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.

GDMA vs. SGRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gadsden Dynamic Multi-Asset ETF (GDMA) and SMART Earnings Growth 30 ETF (SGRT). 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.

	GDMA	SGRT	Difference
Sharpe ratio: Return per unit of total volatility	2.47	—	—
Sortino ratio: Return per unit of downside risk	3.21	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.30	—	—
Martin ratio: Return relative to average drawdown	11.92	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GDMA	SGRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	3.81	-2.92

Drawdowns

GDMA vs. SGRT - Drawdown Comparison

The maximum GDMA drawdown since its inception was -16.66%, smaller than the maximum SGRT drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for GDMA and SGRT.

Drawdown Indicators

	GDMA	SGRT	Difference
Max Drawdown Largest peak-to-trough decline	-16.66%	-17.87%	+1.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.74%	—	—
Current Drawdown Current decline from peak	-1.06%	0.00%	-1.06%
Average Drawdown Average peak-to-trough decline	-3.78%	-3.11%	-0.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	—	—

Volatility

Volatility by Period

	GDMA	SGRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.12%	33.41%	-20.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.67%	33.41%	-23.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.97%	33.41%	-22.44%

GDMA vs. SGRT - Expense Ratio Comparison

GDMA has a 0.77% expense ratio, which is higher than SGRT's 0.59% expense ratio.

Dividends

GDMA vs. SGRT - Dividend Comparison

GDMA's dividend yield for the trailing twelve months is around 2.51%, more than SGRT's 0.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
GDMA Gadsden Dynamic Multi-Asset ETF	2.51%	2.79%	2.32%	4.14%	1.18%	2.10%	0.62%	3.17%
SGRT SMART Earnings Growth 30 ETF	0.11%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GDMA and SGRT in my portfolio?

GDMA and SGRT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GDMA or SGRT?

On fees, SGRT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDMA or SGRT?

SGRT is cheaper with a 0.59% expense ratio, compared with 0.77% for GDMA.

Which ETF pays a higher dividend yield, GDMA or SGRT?

GDMA has the higher dividend yield at 2.51%, compared with 0.11% for SGRT.

What is the main difference between GDMA and SGRT?

GDMA is categorized as Hedge Fund, while SGRT is Large Cap Growth Equities. Their fees differ too: 0.77% for GDMA and 0.59% for SGRT.