SAGP vs. SAMT

Last updated Jun 3, 2026

SAGP (Strategas Global Policy Opportunities ETF) and SAMT (Strategas Macro Thematic Opportunities ETF) are both exchange-traded funds - SAGP is a Global Equities fund actively managed by Strategas, while SAMT is a Large Cap Blend Equities fund actively managed by Strategas. Both are actively managed. Over the past 3 years, SAGP returned 15.15%/yr vs 29.13%/yr for SAMT. A 0.72 correlation means they provide meaningful diversification when combined. SAGP charges 0.65%/yr vs 0.66%/yr for SAMT.

Performance

SAGP vs. SAMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategas Global Policy Opportunities ETF (SAGP) and Strategas Macro Thematic Opportunities ETF (SAMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAGP achieves a 3.74% return, which is significantly lower than SAMT's 21.06% return.

SAGP

• 1D: -0.24%
• 1M: 0.11%
• YTD: 3.74%
• 6M: 6.16%
• 1Y: 15.69%
• 3Y*: 15.15%
• 5Y*: —
• 10Y*: —

SAMT

• 1D: 2.12%
• 1M: 7.74%
• YTD: 21.06%
• 6M: 25.55%
• 1Y: 43.51%
• 3Y*: 29.13%
• 5Y*: —
• 10Y*: —

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

SAGP vs. SAMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SAGP Strategas Global Policy Opportunities ETF	3.74%	23.02%	12.03%	11.26%	-4.65%
SAMT Strategas Macro Thematic Opportunities ETF	21.06%	33.10%	28.15%	1.27%	-6.59%

Correlation

The correlation between SAGP and SAMT is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022	0.72

The correlation between SAGP and SAMT shifts across timeframes, from 0.58 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

SAGP vs. SAMT - Sectors Allocation Comparison

Sectors	SAGP	SAMT
Healthcare	17.8%	4.3%
Industrials	16.8%	22.0%
Technology	15.2%	27.8%
Consumer Cyclical	7.1%	5.6%
Consumer Defensive	6.2%	12.0%
Financial Services	5.8%	5.6%
Communication Services	5.3%	7.8%
Basic Materials	2.6%	2.7%
Energy	2.1%	2.9%
Real Estate	0.3%	2.9%
Utilities	-	6.6%

Return for Risk

SAGP vs. SAMT — Risk / Return Rank

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

SAGP

SAGP Risk / Return Rank: 33
SAGP Sharpe Ratio Rank: 33
SAGP Sortino Ratio Rank: 33
SAGP Omega Ratio Rank: 31
SAGP Calmar Ratio Rank: 35
SAGP Martin Ratio Rank: 33

SAMT

SAMT Risk / Return Rank: 79
SAMT Sharpe Ratio Rank: 80
SAMT Sortino Ratio Rank: 76
SAMT Omega Ratio Rank: 73
SAMT Calmar Ratio Rank: 89
SAMT Martin Ratio Rank: 77

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.

SAGP vs. SAMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategas Global Policy Opportunities ETF (SAGP) and Strategas Macro Thematic Opportunities ETF (SAMT). 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.

	SAGP	SAMT	Difference
Sharpe ratio Return per unit of total volatility	1.22	2.62	-1.41
Sortino ratio Return per unit of downside risk	1.78	3.45	-1.67
Omega ratio Gain probability vs. loss probability	1.21	1.44	-0.23
Calmar ratio Return relative to maximum drawdown	1.76	5.47	-3.71
Martin ratio Return relative to average drawdown	5.10	15.12	-10.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SAGP vs. SAMT - Sharpe Ratio Comparison

The current SAGP Sharpe Ratio is 1.22, which is lower than the SAMT Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of SAGP and SAMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SAGP	SAMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	2.62	-1.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.99	-0.34

Drawdowns

SAGP vs. SAMT - Drawdown Comparison

The maximum SAGP drawdown since its inception was -22.90%, which is greater than SAMT's maximum drawdown of -20.57%. Use the drawdown chart below to compare losses from any high point for SAGP and SAMT.

Drawdown Indicators

	SAGP	SAMT	Difference
Max Drawdown Largest peak-to-trough decline	-22.90%	-20.57%	-2.33%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-8.15%	-0.75%
Max Drawdown (3Y) Largest decline over 3 years	-12.52%	-18.27%	+5.75%
Current Drawdown Current decline from peak	-4.59%	0.00%	-4.59%
Average Drawdown Average peak-to-trough decline	-5.03%	-7.73%	+2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.95%	+0.13%

Volatility

SAGP vs. SAMT - Volatility Comparison

The current volatility for Strategas Global Policy Opportunities ETF (SAGP) is 3.20%, while Strategas Macro Thematic Opportunities ETF (SAMT) has a volatility of 6.75%. This indicates that SAGP experiences smaller price fluctuations and is considered to be less risky than SAMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAGP	SAMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	6.75%	-3.55%
Volatility (6M) Calculated over the trailing 6-month period	9.88%	12.59%	-2.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.96%	16.67%	-3.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.53%	16.94%	-1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.53%	16.94%	-1.41%

SAGP vs. SAMT - Expense Ratio Comparison

SAGP has a 0.65% expense ratio, which is lower than SAMT's 0.66% expense ratio.

Dividends

SAGP vs. SAMT - Dividend Comparison

SAGP's dividend yield for the trailing twelve months is around 3.33%, more than SAMT's 0.58% yield.

Position	TTM	2025	2024	2023	2022
SAGP Strategas Global Policy Opportunities ETF	3.33%	3.45%	2.23%	0.94%	0.51%
SAMT Strategas Macro Thematic Opportunities ETF	0.58%	0.70%	1.40%	1.49%	0.73%

Frequently Asked Questions

Can I hold both SAGP and SAMT in my portfolio?

SAGP and SAMT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SAGP or SAMT?

SAMT has higher volatility (6.75%) compared to SAGP (3.20%). In terms of maximum drawdown, SAGP dropped -22.90% vs SAMT's -20.57%.

Which ETF is better, SAGP or SAMT?

On 3-year performance, SAMT leads with 29.13% vs 15.15% for SAGP. On fees, SAGP is cheaper at 0.65% per year. On volatility, SAGP has been the lower-risk option at 3.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SAGP or SAMT?

Over the 3-year period, SAMT has performed better with a 29.13% return vs 15.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SAGP or SAMT?

SAGP is cheaper with a 0.65% expense ratio, compared with 0.66% for SAMT.

Which ETF pays a higher dividend yield, SAGP or SAMT?

SAGP has the higher dividend yield at 3.33%, compared with 0.58% for SAMT.

What is the main difference between SAGP and SAMT?

SAGP is categorized as Global Equities, while SAMT is Large Cap Blend Equities. Their fees differ too: 0.65% for SAGP and 0.66% for SAMT.

Which has better risk-adjusted returns?

SAMT currently has the higher Sharpe Ratio (2.62 vs 1.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.