SAPH vs. STHH

Last updated Jul 30, 2026

SAPH (ADRhedged SAP ETF) and STHH (STMicroelectronics NV ADRhedged) are both exchange-traded funds - SAPH is a Actively Managed fund actively managed by ADRhedged, while STHH is a Technology Equities fund tracking the STMicroelectronics NV Local Shares Total Return. SAPH is actively managed, while STHH is passively managed. Over the past year, SAPH returned -32.30% vs 108.27% for STHH. Their 0.04 correlation means their historical movements had little consistent relationship. Both charge a 0.19% expense ratio.

Performance

SAPH vs. STHH - Performance Comparison

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

Returns By Period

In the year-to-date period, SAPH achieves a -19.27% return, which is significantly lower than STHH's 111.25% return.

SAPH

• 1D: 3.32%
• 1M: 19.22%
• 6M: -15.81%
• YTD: -19.27%
• 1Y: -32.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -20.71%

STHH

• 1D: 8.78%
• 1M: -28.62%
• 6M: 95.51%
• YTD: 111.25%
• 1Y: 108.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 105.01%

*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)
SAPH ADRhedged SAP ETF	$30.61K	$28.06K	$22.54K
STHH STMicroelectronics NV ADRhedged	$189.02K	$361.55K	$519.15K

SAPH vs. STHH - Yearly Performance Comparison

	2026 (YTD)	2025
SAPH ADRhedged SAP ETF	-19.27%	-4.75%
STHH STMicroelectronics NV ADRhedged	111.25%	17.60%

Correlation

The correlation between SAPH and STHH 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 (1Y) Focuses on recent behavior, but can change the most.	-0.01
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.04

Return for Risk

SAPH vs. STHH — Risk / Return Rank

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

SAPH

SAPH Risk / Return Rank: 3
SAPH Sharpe Ratio Rank: 2
SAPH Sortino Ratio Rank: 3
SAPH Omega Ratio Rank: 2
SAPH Calmar Ratio Rank: 4
SAPH Martin Ratio Rank: 4

STHH

STHH Risk / Return Rank: 80
STHH Sharpe Ratio Rank: 85
STHH Sortino Ratio Rank: 77
STHH Omega Ratio Rank: 82
STHH Calmar Ratio Rank: 81
STHH Martin Ratio Rank: 78

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.

SAPH vs. STHH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ADRhedged SAP ETF (SAPH) and STMicroelectronics NV ADRhedged (STHH). 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.

	SAPH	STHH	Difference
Sharpe ratio: Return per unit of total volatility	-0.87	1.93	-2.80
Sortino ratio: Return per unit of downside risk	-1.15	2.44	-3.59
Omega ratio: Gain probability vs. loss probability	0.85	1.34	-0.48
Calmar ratio: Return relative to maximum drawdown	-0.69	2.87	-3.55
Martin ratio: Return relative to average drawdown	-1.11	9.64	-10.75

SAPH vs. STHH - Sharpe Ratio Comparison

The current SAPH Sharpe Ratio is -0.87, which is lower than the STHH Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of SAPH and STHH, 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

SAPH vs. STHH - Drawdown Comparison

The maximum SAPH drawdown since its inception was -51.72%, which is greater than STHH's maximum drawdown of -37.98%. Use the drawdown chart below to compare losses from any high point for SAPH and STHH.

Drawdown Indicators

	SAPH	STHH	Difference
Max Drawdown Largest peak-to-trough decline	-51.72%	-37.98%	-13.74%
Max Drawdown (1Y) Largest decline over 1 year	-47.17%	-37.98%	-9.19%
Current Drawdown Current decline from peak	-39.47%	-32.54%	-6.93%
Average Drawdown Average peak-to-trough decline	-23.11%	-10.77%	-12.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.05%	11.30%	+17.75%

Volatility

SAPH vs. STHH - Volatility Comparison

The current volatility for ADRhedged SAP ETF (SAPH) is 15.24%, while STMicroelectronics NV ADRhedged (STHH) has a volatility of 27.20%. This indicates that SAPH experiences smaller price fluctuations and is considered to be less risky than STHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAPH	STHH	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.24%	27.20%	-11.96%
Volatility (6M) Calculated over the trailing 6-month period	33.67%	48.95%	-15.28%
Volatility (1Y) Calculated over the trailing 1-year period	37.36%	56.47%	-19.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.48%	55.24%	-19.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.48%	55.24%	-19.76%

SAPH vs. STHH - Expense Ratio Comparison

Both SAPH and STHH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SAPH vs. STHH - Dividend Comparison

SAPH's dividend yield for the trailing twelve months is around 3.46%, more than STHH's 0.96% yield.

Position	TTM	2025
SAPH ADRhedged SAP ETF	3.46%	0.00%
STHH STMicroelectronics NV ADRhedged	0.96%	0.69%

Frequently Asked Questions

Can I hold both SAPH and STHH in my portfolio?

SAPH and STHH 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.

Which is riskier, SAPH or STHH?

STHH has higher volatility (27.20%) compared to SAPH (15.24%). In terms of maximum drawdown, SAPH dropped -51.72% vs STHH's -37.98%.

Which ETF is better, SAPH or STHH?

On 1-year performance, STHH leads with 108.27% vs -32.30% for SAPH. Both ETFs have the same 0.19% expense ratio. On volatility, SAPH has been the lower-risk option at 15.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SAPH or STHH?

Over the 1-year period, STHH has performed better with a 108.27% return vs -32.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SAPH or STHH?

SAPH and STHH have the same expense ratio: 0.19% per year.

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

SAPH has the higher dividend yield at 3.46%, compared with 0.96% for STHH.

What is the main difference between SAPH and STHH?

SAPH is categorized as Actively Managed, while STHH is Technology Equities.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (1.93 vs -0.87), 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.