SAPH vs. STRN
SAPH (ADRhedged SAP ETF) and STRN (SMART Trend ETF) are both Actively Managed funds. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. SAPH charges 0.19%/yr vs 0.59%/yr for STRN.
Performance
SAPH vs. STRN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SAPH achieves a -30.91% return, which is significantly lower than STRN's 26.14% return.
SAPH
- 1D
- 0.63%
- 1M
- -10.17%
- 6M
- -31.03%
- YTD
- -30.91%
- 1Y
- -45.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
STRN
- 1D
- 2.27%
- 1M
- 3.03%
- 6M
- 21.56%
- YTD
- 26.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SAPH vs. STRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SAPH ADRhedged SAP ETF | -30.91% | -11.49% |
STRN SMART Trend ETF | 26.14% | 10.48% |
Correlation
The correlation between SAPH and STRN is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | 0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SAPH vs. STRN — Risk / Return Rank
SAPH
STRN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SAPH vs. STRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ADRhedged SAP ETF (SAPH) and SMART Trend ETF (STRN). 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 | STRN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.75 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | — | — |
| Martin ratioReturn relative to average drawdown | -1.54 | — | — |
Loading charts...
Drawdowns
SAPH vs. STRN - Drawdown Comparison
The maximum SAPH drawdown since its inception was -51.14%, which is greater than STRN's maximum drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for SAPH and STRN.
Loading charts...
Drawdown Indicators
| SAPH | STRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.14% | -15.43% | -35.71% |
Max Drawdown (1Y)Largest decline over 1 year | -48.85% | — | — |
Current DrawdownCurrent decline from peak | -48.20% | -3.67% | -44.53% |
Average DrawdownAverage peak-to-trough decline | -22.21% | -2.92% | -19.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.92% | — | — |
Volatility
SAPH vs. STRN - Volatility Comparison
Loading charts...
Volatility by Period
| SAPH | STRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.82% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 34.95% | 26.65% | +8.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.14% | 26.65% | +7.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.14% | 26.65% | +7.49% |
SAPH vs. STRN - Expense Ratio Comparison
SAPH has a 0.19% expense ratio, which is lower than STRN's 0.59% expense ratio.
Dividends
SAPH vs. STRN - Dividend Comparison
SAPH's dividend yield for the trailing twelve months is around 4.04%, more than STRN's 0.15% yield.
| Position | TTM | 2025 |
|---|---|---|
SAPH ADRhedged SAP ETF | 4.04% | 0.00% |
STRN SMART Trend ETF | 0.15% | 0.18% |
Frequently Asked Questions
SAPH and STRN have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
SAPH is cheaper with a 0.19% expense ratio, compared with 0.59% for STRN.
SAPH has the higher dividend yield at 4.04%, compared with 0.15% for STRN.
They also come from different issuers: ADRhedged and SmartWay. Their fees differ too: 0.19% for SAPH and 0.59% for STRN.
Find the right allocation for SAPH and STRN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer