IQM vs. SGRT

Last updated Jun 4, 2026

IQM (Franklin Intelligent Machines ETF) and SGRT (SMART Earnings Growth 30 ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. IQM charges 0.50%/yr vs 0.59%/yr for SGRT.

Performance

IQM vs. SGRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Intelligent Machines ETF (IQM) 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, IQM achieves a 40.18% return, which is significantly lower than SGRT's 51.46% return.

IQM

• 1D: -0.37%
• 1M: 11.94%
• YTD: 40.18%
• 6M: 38.57%
• 1Y: 75.07%
• 3Y*: 37.62%
• 5Y*: 22.22%
• 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)

IQM vs. SGRT - Yearly Performance Comparison

	2026 (YTD)	2025
IQM Franklin Intelligent Machines ETF	40.18%	12.16%
SGRT SMART Earnings Growth 30 ETF	51.46%	25.25%

Correlation

The correlation between IQM and SGRT is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.83

Return for Risk

IQM vs. SGRT — Risk / Return Rank

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

IQM

IQM Risk / Return Rank: 78
IQM Sharpe Ratio Rank: 81
IQM Sortino Ratio Rank: 66
IQM Omega Ratio Rank: 71
IQM Calmar Ratio Rank: 88
IQM Martin Ratio Rank: 83

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.

IQM vs. SGRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Intelligent Machines ETF (IQM) 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.

	IQM	SGRT	Difference
Sharpe ratio: Return per unit of total volatility	2.67	—	—
Sortino ratio: Return per unit of downside risk	3.11	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	5.13	—	—
Martin ratio: Return relative to average drawdown	16.79	—	—
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

	IQM	SGRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.96	3.81	-2.84

Drawdowns

IQM vs. SGRT - Drawdown Comparison

The maximum IQM drawdown since its inception was -44.91%, which is greater than SGRT's maximum drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for IQM and SGRT.

Drawdown Indicators

	IQM	SGRT	Difference
Max Drawdown Largest peak-to-trough decline	-44.91%	-17.87%	-27.04%
Max Drawdown (1Y) Largest decline over 1 year	-14.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-30.42%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.91%	—	—
Current Drawdown Current decline from peak	-0.37%	0.00%	-0.37%
Average Drawdown Average peak-to-trough decline	-12.25%	-3.11%	-9.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.49%	—	—

Volatility

Volatility by Period

	IQM	SGRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.92%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.27%	33.41%	-5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.91%	33.41%	-4.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.72%	33.41%	-2.69%

IQM vs. SGRT - Expense Ratio Comparison

IQM has a 0.50% expense ratio, which is lower than SGRT's 0.59% expense ratio.

Dividends

IQM vs. SGRT - Dividend Comparison

IQM has not paid dividends to shareholders, while SGRT's dividend yield for the trailing twelve months is around 0.11%.

Position	TTM	2025	2024	2023	2022	2021	2020
IQM Franklin Intelligent Machines ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.17%	0.01%
SGRT SMART Earnings Growth 30 ETF	0.11%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQM and SGRT in my portfolio?

IQM and SGRT have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQM or SGRT?

On fees, IQM is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQM or SGRT?

IQM is cheaper with a 0.50% expense ratio, compared with 0.59% for SGRT.

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

SGRT has the higher dividend yield at 0.11%, compared with 0.00% for IQM.

What is the main difference between IQM and SGRT?

Their fees differ too: 0.50% for IQM and 0.59% for SGRT.