PGRI vs. SAPH
PGRI (Putnam International Stock ETF) and SAPH (ADRhedged SAP ETF) are both Actively Managed funds. Both are actively managed. Their -0.01 correlation means they have often moved in opposite directions in the past. PGRI charges 0.55%/yr vs 0.19%/yr for SAPH.
Performance
PGRI vs. SAPH - Performance Comparison
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Returns By Period
In the year-to-date period, PGRI achieves a 3.87% return, which is significantly higher than SAPH's -19.27% return.
PGRI
- 1D
- -0.77%
- 1M
- -5.16%
- 6M
- -1.22%
- YTD
- 3.87%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SAPH
- 1D
- 3.32%
- 1M
- 19.22%
- 6M
- -15.81%
- YTD
- -19.27%
- 1Y
- -32.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -20.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.10K | $3.31K | $14.19K | |
| $30.61K | $28.06K | $22.54K |
PGRI vs. SAPH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PGRI Putnam International Stock ETF | 3.87% | -1.11% |
SAPH ADRhedged SAP ETF | -19.27% | -12.87% |
Correlation
The correlation between PGRI and SAPH is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | -0.01 |
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Return for Risk
PGRI vs. SAPH — Risk / Return Rank
PGRI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SAPH
PGRI vs. SAPH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam International Stock ETF (PGRI) and ADRhedged SAP ETF (SAPH). 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.
| PGRI | SAPH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.85 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.69 | — |
| Martin ratioReturn relative to average drawdown | — | -1.11 | — |
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Drawdowns
PGRI vs. SAPH - Drawdown Comparison
The maximum PGRI drawdown since its inception was -12.87%, smaller than the maximum SAPH drawdown of -51.72%. Use the drawdown chart below to compare losses from any high point for PGRI and SAPH.
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Drawdown Indicators
| PGRI | SAPH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.87% | -51.72% | +38.85% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.17% | — |
Current DrawdownCurrent decline from peak | -7.79% | -39.47% | +31.68% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -23.11% | +19.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 29.05% | — |
Volatility
PGRI vs. SAPH - Volatility Comparison
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Volatility by Period
| PGRI | SAPH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.24% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.67% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.48% | 37.36% | -16.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.48% | 35.48% | -15.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.48% | 35.48% | -15.00% |
PGRI vs. SAPH - Expense Ratio Comparison
PGRI has a 0.55% expense ratio, which is higher than SAPH's 0.19% expense ratio.
Dividends
PGRI vs. SAPH - Dividend Comparison
PGRI's dividend yield for the trailing twelve months is around 0.12%, less than SAPH's 3.46% yield.
| Position | TTM | 2025 |
|---|---|---|
PGRI Putnam International Stock ETF | 0.12% | 0.12% |
SAPH ADRhedged SAP ETF | 3.46% | 0.00% |
Frequently Asked Questions
PGRI and SAPH have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SAPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SAPH is cheaper with a 0.19% expense ratio, compared with 0.55% for PGRI.
SAPH has the higher dividend yield at 3.46%, compared with 0.12% for PGRI.
They also come from different issuers: Putnam and ADRhedged. Their fees differ too: 0.55% for PGRI and 0.19% for SAPH.
Find the right allocation for PGRI and SAPH
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