NITE vs. SGRT

Last updated Aug 5, 2026

NITE (The Nightview Fund) and SGRT (SMART Earnings Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their 0.49 correlation means their historical movements had little consistent relationship. NITE charges 1.25%/yr vs 0.59%/yr for SGRT.

Performance

NITE vs. SGRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Nightview Fund (NITE) and SMART Earnings Growth ETF (SGRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NITE achieves a 3.76% return, which is significantly lower than SGRT's 32.95% return.

NITE

• 1D: 1.97%
• 1M: 2.66%
• 6M: 3.84%
• YTD: 3.76%
• 1Y: 20.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.73%

SGRT

• 1D: 4.23%
• 1M: -1.19%
• 6M: 24.90%
• YTD: 32.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NITE The Nightview Fund	$151.44K	$70.61K	$34.58K
SGRT SMART Earnings Growth ETF	$1.13M	$1.28M	$2.17M

NITE vs. SGRT - Yearly Performance Comparison

	2026 (YTD)	2025
NITE The Nightview Fund	3.76%	13.23%
SGRT SMART Earnings Growth ETF	32.95%	26.83%

Correlation

The correlation between NITE and SGRT is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.49

Return for Risk

NITE vs. SGRT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NITE

NITE Risk / Return Rank: 34
NITE Sharpe Ratio Rank: 35
NITE Sortino Ratio Rank: 34
NITE Omega Ratio Rank: 32
NITE Calmar Ratio Rank: 35
NITE Martin Ratio Rank: 33

SGRT

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NITE vs. SGRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Nightview Fund (NITE) and SMART Earnings Growth 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.

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.

	NITE	SGRT	Difference
Sharpe ratio: Return per unit of total volatility	0.98	—	—
Sortino ratio: Return per unit of downside risk	1.44	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.37	—	—
Martin ratio: Return relative to average drawdown	3.48	—	—

Drawdowns

NITE vs. SGRT - Drawdown Comparison

The maximum NITE drawdown since its inception was -29.57%, which is greater than SGRT's maximum drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for NITE and SGRT.

Drawdown Indicators

	NITE	SGRT	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-24.98%	-4.59%
Max Drawdown (1Y) Largest decline over 1 year	-15.16%	—	—
Current Drawdown Current decline from peak	-6.35%	-13.48%	+7.13%
Average Drawdown Average peak-to-trough decline	-5.62%	-4.34%	-1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.95%	—	—

Volatility

Volatility by Period

	NITE	SGRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.22%	39.02%	-17.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.43%	39.02%	-12.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.43%	39.02%	-12.59%

NITE vs. SGRT - Expense Ratio Comparison

NITE has a 1.25% expense ratio, which is higher than SGRT's 0.59% expense ratio.

Dividends

NITE vs. SGRT - Dividend Comparison

NITE has not paid dividends to shareholders, while SGRT's dividend yield for the trailing twelve months is around 0.12%.

Position	TTM	2025
NITE The Nightview Fund	0.00%	0.00%
SGRT SMART Earnings Growth ETF	0.12%	0.16%

Frequently Asked Questions

Can I hold both NITE and SGRT in my portfolio?

NITE and SGRT have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NITE 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, NITE or SGRT?

SGRT is cheaper with a 0.59% expense ratio, compared with 1.25% for NITE.

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

SGRT has the higher dividend yield at 0.12%, compared with 0.00% for NITE.

What is the main difference between NITE and SGRT?

Their fees differ too: 1.25% for NITE and 0.59% for SGRT.