SAGP vs. WDIV

Last updated Aug 2, 2026

SAGP (Strategas Global Policy Opportunities ETF) and WDIV (SPDR S&P Global Dividend ETF) are both Global Equities funds. SAGP is actively managed, while WDIV is passively managed. Over the past 3 years, SAGP returned 15.13%/yr vs 17.63%/yr for WDIV. Their 0.76 correlation means they have sometimes moved together and sometimes differently. SAGP charges 0.65%/yr vs 0.40%/yr for WDIV.

Performance

SAGP vs. WDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strategas Global Policy Opportunities ETF (SAGP) and SPDR S&P Global Dividend ETF (WDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAGP achieves a 7.89% return, which is significantly lower than WDIV's 13.12% return.

SAGP

• 1D: -0.89%
• 1M: 1.03%
• 6M: 2.80%
• YTD: 7.89%
• 1Y: 16.76%
• 3Y*: 15.13%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.87%

WDIV

• 1D: -0.95%
• 1M: 3.48%
• 6M: 7.94%
• YTD: 13.12%
• 1Y: 24.19%
• 3Y*: 17.63%
• 5Y*: 9.32%
• 10Y*: 7.59%
• ALL TIME*: 7.24%

*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)
SAGP Strategas Global Policy Opportunities ETF	$90.74K	$96.37K	$122.55K
WDIV SPDR S&P Global Dividend ETF	$1.02M	$920.01K	$626.08K

SAGP vs. WDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SAGP Strategas Global Policy Opportunities ETF	7.89%	23.02%	12.03%	11.26%	-3.70%
WDIV SPDR S&P Global Dividend ETF	13.12%	27.16%	7.61%	8.21%	-8.10%

Correlation

The correlation between SAGP and WDIV is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (All Time) Calculated using the full available price history since Jan 25, 2022	0.76

The correlation between SAGP and WDIV has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.

SAGP vs. WDIV - Sectors Allocation Comparison

Sectors	SAGP	WDIV
Healthcare	20.4%	3.9%
Industrials	18.8%	11.8%
Technology	12.2%	4.6%
Basic Materials	5.9%	3.4%
Consumer Cyclical	4.1%	4.2%
Communication Services	3.8%	9.4%
Financial Services	3.5%	22.5%
Energy	3.2%	7.1%
Consumer Defensive	2.7%	6.6%
Real Estate	0.2%	12.8%
Utilities	-	13.8%

Return for Risk

SAGP vs. WDIV — Risk / Return Rank

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

SAGP

SAGP Risk / Return Rank: 46
SAGP Sharpe Ratio Rank: 48
SAGP Sortino Ratio Rank: 48
SAGP Omega Ratio Rank: 43
SAGP Calmar Ratio Rank: 48
SAGP Martin Ratio Rank: 41

WDIV

WDIV Risk / Return Rank: 86
WDIV Sharpe Ratio Rank: 91
WDIV Sortino Ratio Rank: 92
WDIV Omega Ratio Rank: 91
WDIV Calmar Ratio Rank: 78
WDIV Martin Ratio Rank: 80

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.

SAGP vs. WDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategas Global Policy Opportunities ETF (SAGP) and SPDR S&P Global Dividend ETF (WDIV). 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.

	SAGP	WDIV	Difference
Sharpe ratio: Return per unit of total volatility	1.19	2.34	-1.16
Sortino ratio: Return per unit of downside risk	1.76	3.36	-1.60
Omega ratio: Gain probability vs. loss probability	1.21	1.43	-0.22
Calmar ratio: Return relative to maximum drawdown	1.74	2.75	-1.02
Martin ratio: Return relative to average drawdown	4.52	10.25	-5.73

SAGP vs. WDIV - Sharpe Ratio Comparison

The current SAGP Sharpe Ratio is 1.19, which is lower than the WDIV Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of SAGP and WDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SAGP vs. WDIV - Drawdown Comparison

The maximum SAGP drawdown since its inception was -22.90%, smaller than the maximum WDIV drawdown of -42.34%. Use the drawdown chart below to compare losses from any high point for SAGP and WDIV.

Drawdown Indicators

	SAGP	WDIV	Difference
Max Drawdown Largest peak-to-trough decline	-22.90%	-42.34%	+19.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-8.61%	-0.29%
Max Drawdown (3Y) Largest decline over 3 years	-11.47%	-9.20%	-2.27%
Max Drawdown (5Y) Largest decline over 5 years	—	-22.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.34%	—
Current Drawdown Current decline from peak	-1.08%	-0.95%	-0.13%
Average Drawdown Average peak-to-trough decline	-4.97%	-5.79%	+0.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	2.31%	+1.10%

Volatility

SAGP vs. WDIV - Volatility Comparison

Strategas Global Policy Opportunities ETF (SAGP) has a higher volatility of 3.22% compared to SPDR S&P Global Dividend ETF (WDIV) at 2.48%. This indicates that SAGP's price experiences larger fluctuations and is considered to be riskier than WDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAGP	WDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	2.48%	+0.74%
Volatility (6M) Calculated over the trailing 6-month period	9.64%	8.34%	+1.30%
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	10.14%	+2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.40%	12.72%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	15.14%	+0.26%

SAGP vs. WDIV - Expense Ratio Comparison

SAGP has a 0.65% expense ratio, which is higher than WDIV's 0.40% expense ratio.

Dividends

SAGP vs. WDIV - Dividend Comparison

SAGP's dividend yield for the trailing twelve months is around 3.20%, less than WDIV's 4.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SAGP Strategas Global Policy Opportunities ETF	3.20%	3.45%	2.23%	0.94%	0.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WDIV SPDR S&P Global Dividend ETF	4.10%	4.27%	4.63%	4.73%	5.12%	4.15%	5.55%	3.99%	4.42%	3.62%	4.32%	5.03%

Frequently Asked Questions

Can I hold both SAGP and WDIV in my portfolio?

SAGP and WDIV have a correlation of 0.68, 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 WDIV?

SAGP has higher volatility (3.22%) compared to WDIV (2.48%). In terms of maximum drawdown, SAGP dropped -22.90% vs WDIV's -42.34%.

Which ETF is better, SAGP or WDIV?

On 3-year performance, WDIV leads with 17.63% vs 15.13% for SAGP. On fees, WDIV is cheaper at 0.40% per year. On volatility, WDIV has been the lower-risk option at 2.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SAGP or WDIV?

Over the 3-year period, WDIV has performed better with a 17.63% return vs 15.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SAGP or WDIV?

WDIV is cheaper with a 0.40% expense ratio, compared with 0.65% for SAGP.

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

WDIV has the higher dividend yield at 4.10%, compared with 3.20% for SAGP.

What is the main difference between SAGP and WDIV?

They also come from different issuers: Strategas and State Street. Their fees differ too: 0.65% for SAGP and 0.40% for WDIV.

Which has better risk-adjusted returns?

WDIV currently has the higher Sharpe Ratio (2.34 vs 1.19), 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.