SAMT vs. KAT

Last updated Aug 2, 2026

SAMT (Strategas Macro Thematic Opportunities ETF) and KAT (Scharf ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their 0.38 correlation means their historical movements had little consistent relationship. SAMT charges 0.66%/yr vs 0.75%/yr for KAT.

Performance

SAMT vs. KAT - Performance Comparison

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

Returns By Period

In the year-to-date period, SAMT achieves a 12.63% return, which is significantly higher than KAT's 3.63% return.

SAMT

• 1D: 0.47%
• 1M: -5.73%
• 6M: 8.34%
• YTD: 12.63%
• 1Y: 24.28%
• 3Y*: 23.90%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.23%

KAT

• 1D: 1.14%
• 1M: 2.91%
• 6M: 2.43%
• YTD: 3.63%
• 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)
KAT Scharf ETF	$571.01K	$654.17K	$709.38K
SAMT Strategas Macro Thematic Opportunities ETF	$5.05M	$5.51M	$7.81M

SAMT vs. KAT - Yearly Performance Comparison

	2026 (YTD)	2025
SAMT Strategas Macro Thematic Opportunities ETF	12.63%	11.24%
KAT Scharf ETF	3.63%	0.85%

Correlation

The correlation between SAMT and KAT is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025	0.38

SAMT vs. KAT - Sectors Allocation Comparison

Sectors	SAMT	KAT
Industrials	21.8%	15.1%
Technology	20.4%	13.2%
Consumer Defensive	15.4%	2.1%
Healthcare	10.4%	23.1%
Consumer Cyclical	8.4%	4.7%
Communication Services	6.0%	6.1%
Financial Services	4.8%	27.0%
Basic Materials	4.2%	3.0%
Utilities	4.2%	-
Real Estate	2.4%	-
Energy	2.0%	5.7%

Return for Risk

SAMT vs. KAT — Risk / Return Rank

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

SAMT

SAMT Risk / Return Rank: 55
SAMT Sharpe Ratio Rank: 53
SAMT Sortino Ratio Rank: 51
SAMT Omega Ratio Rank: 51
SAMT Calmar Ratio Rank: 67
SAMT Martin Ratio Rank: 52

KAT

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.

SAMT vs. KAT - Risk-Adjusted Trends Comparison

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

	SAMT	KAT	Difference
Sharpe ratio: Return per unit of total volatility	1.29	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	2.33	—	—
Martin ratio: Return relative to average drawdown	6.04	—	—

Drawdowns

SAMT vs. KAT - Drawdown Comparison

The maximum SAMT drawdown since its inception was -20.57%, which is greater than KAT's maximum drawdown of -9.25%. Use the drawdown chart below to compare losses from any high point for SAMT and KAT.

Drawdown Indicators

	SAMT	KAT	Difference
Max Drawdown Largest peak-to-trough decline	-20.57%	-9.25%	-11.32%
Max Drawdown (1Y) Largest decline over 1 year	-9.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.27%	—	—
Current Drawdown Current decline from peak	-9.13%	-1.89%	-7.24%
Average Drawdown Average peak-to-trough decline	-7.62%	-3.46%	-4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.78%	—	—

Volatility

Volatility by Period

	SAMT	KAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	10.48%	+7.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.11%	10.48%	+6.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.11%	10.48%	+6.63%

SAMT vs. KAT - Expense Ratio Comparison

SAMT has a 0.66% expense ratio, which is lower than KAT's 0.75% expense ratio.

Dividends

SAMT vs. KAT - Dividend Comparison

SAMT's dividend yield for the trailing twelve months is around 0.62%, more than KAT's 0.08% yield.

Position	TTM	2025	2024	2023	2022
KAT Scharf ETF	0.08%	0.00%	0.00%	0.00%	0.00%
SAMT Strategas Macro Thematic Opportunities ETF	0.62%	0.70%	1.40%	1.49%	0.73%

Frequently Asked Questions

Can I hold both SAMT and KAT in my portfolio?

SAMT and KAT have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SAMT or KAT?

On fees, SAMT is cheaper at 0.66% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SAMT or KAT?

SAMT is cheaper with a 0.66% expense ratio, compared with 0.75% for KAT.

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

SAMT has the higher dividend yield at 0.62%, compared with 0.08% for KAT.

What is the main difference between SAMT and KAT?

They also come from different issuers: Strategas and Scharf Investments. Their fees differ too: 0.66% for SAMT and 0.75% for KAT.