QUIZ vs. SAPH

Last updated Jul 31, 2026

QUIZ (Zacks Quality International ETF) and SAPH (ADRhedged SAP ETF) are both exchange-traded funds - QUIZ is a Quality Factor fund actively managed by Zacks, while SAPH is a Actively Managed fund actively managed by ADRhedged. Both are actively managed. Their -0.00 correlation means they have often moved in opposite directions in the past. QUIZ charges 0.55%/yr vs 0.19%/yr for SAPH.

Performance

QUIZ vs. SAPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks Quality International ETF (QUIZ) and ADRhedged SAP ETF (SAPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QUIZ achieves a 10.24% return, which is significantly higher than SAPH's -21.87% return.

QUIZ

• 1D: 3.39%
• 1M: 0.07%
• 6M: 3.47%
• YTD: 10.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SAPH

• 1D: -3.22%
• 1M: 15.89%
• 6M: -3.53%
• YTD: -21.87%
• 1Y: -35.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -22.33%

*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)
QUIZ Zacks Quality International ETF	$623.62K	$640.70K	$575.01K
SAPH ADRhedged SAP ETF	$30.78K	$28.87K	$22.76K

QUIZ vs. SAPH - Yearly Performance Comparison

	2026 (YTD)	2025
QUIZ Zacks Quality International ETF	10.24%	6.02%
SAPH ADRhedged SAP ETF	-21.87%	-12.11%

Correlation

The correlation between QUIZ and SAPH is -0.00, 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 Aug 19, 2025	-0.00

Return for Risk

QUIZ vs. SAPH — Risk / Return Rank

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

QUIZ

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

SAPH

SAPH Risk / Return Rank: 2
SAPH Sharpe Ratio Rank: 2
SAPH Sortino Ratio Rank: 2
SAPH Omega Ratio Rank: 2
SAPH Calmar Ratio Rank: 3
SAPH Martin Ratio Rank: 3

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.

QUIZ vs. SAPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks Quality International ETF (QUIZ) 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.

	QUIZ	SAPH	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.96	—
Sortino ratio: Return per unit of downside risk	—	-1.33	—
Omega ratio: Gain probability vs. loss probability	—	0.83	—
Calmar ratio: Return relative to maximum drawdown	—	-0.77	—
Martin ratio: Return relative to average drawdown	—	-1.24	—

Drawdowns

QUIZ vs. SAPH - Drawdown Comparison

The maximum QUIZ drawdown since its inception was -11.75%, smaller than the maximum SAPH drawdown of -51.72%. Use the drawdown chart below to compare losses from any high point for QUIZ and SAPH.

Drawdown Indicators

	QUIZ	SAPH	Difference
Max Drawdown Largest peak-to-trough decline	-11.75%	-51.72%	+39.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.02%	—
Current Drawdown Current decline from peak	-1.32%	-41.42%	+40.10%
Average Drawdown Average peak-to-trough decline	-2.24%	-23.15%	+20.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.13%	—

Volatility

Volatility by Period

	QUIZ	SAPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.07%	37.42%	-18.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.07%	35.53%	-16.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.07%	35.53%	-16.46%

QUIZ vs. SAPH - Expense Ratio Comparison

QUIZ has a 0.55% expense ratio, which is higher than SAPH's 0.19% expense ratio.

Dividends

QUIZ vs. SAPH - Dividend Comparison

QUIZ's dividend yield for the trailing twelve months is around 0.16%, less than SAPH's 3.57% yield.

Position	TTM	2025
QUIZ Zacks Quality International ETF	0.16%	0.18%
SAPH ADRhedged SAP ETF	3.57%	0.00%

Frequently Asked Questions

Can I hold both QUIZ and SAPH in my portfolio?

QUIZ and SAPH have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QUIZ or SAPH?

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.

Which ETF is cheaper, QUIZ or SAPH?

SAPH is cheaper with a 0.19% expense ratio, compared with 0.55% for QUIZ.

Which ETF pays a higher dividend yield, QUIZ or SAPH?

SAPH has the higher dividend yield at 3.57%, compared with 0.16% for QUIZ.

What is the main difference between QUIZ and SAPH?

QUIZ is categorized as Quality Factor, while SAPH is Actively Managed. They also come from different issuers: Zacks and ADRhedged. Their fees differ too: 0.55% for QUIZ and 0.19% for SAPH.