SAPH vs. TEMD
SAPH (ADRhedged SAP ETF) and TEMD (Templeton Emerging Markets Debt ETF) are both Actively Managed funds. Both are actively managed. At a correlation of -0.01, they often move in opposite directions. SAPH charges 0.19%/yr vs 0.45%/yr for TEMD.
Performance
SAPH vs. TEMD - Performance Comparison
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Returns By Period
SAPH
- 1D
- 3.72%
- 1M
- -0.69%
- 6M
- -28.50%
- YTD
- -29.61%
- 1Y
- -44.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEMD
- 1D
- -0.16%
- 1M
- -1.08%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SAPH vs. TEMD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SAPH ADRhedged SAP ETF | -24.49% |
TEMD Templeton Emerging Markets Debt ETF | 1.68% |
Correlation
The correlation between SAPH and TEMD is -0.01, 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 Jan 22, 2026 | -0.01 |
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Return for Risk
SAPH vs. TEMD — Risk / Return Rank
SAPH
TEMD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SAPH vs. TEMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ADRhedged SAP ETF (SAPH) and Templeton Emerging Markets Debt ETF (TEMD). 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 | TEMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.76 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.91 | — | — |
| Martin ratioReturn relative to average drawdown | -1.45 | — | — |
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Drawdowns
SAPH vs. TEMD - Drawdown Comparison
The maximum SAPH drawdown since its inception was -51.14%, which is greater than TEMD's maximum drawdown of -4.34%. Use the drawdown chart below to compare losses from any high point for SAPH and TEMD.
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Drawdown Indicators
| SAPH | TEMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.14% | -4.34% | -46.80% |
Max Drawdown (1Y)Largest decline over 1 year | -48.85% | — | — |
Current DrawdownCurrent decline from peak | -47.22% | -1.11% | -46.11% |
Average DrawdownAverage peak-to-trough decline | -22.55% | -1.18% | -21.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.53% | — | — |
Volatility
SAPH vs. TEMD - Volatility Comparison
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Volatility by Period
| SAPH | TEMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.43% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 31.75% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 35.26% | 5.87% | +29.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.18% | 5.87% | +28.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.18% | 5.87% | +28.31% |
SAPH vs. TEMD - Expense Ratio Comparison
SAPH has a 0.19% expense ratio, which is lower than TEMD's 0.45% expense ratio.
Dividends
SAPH vs. TEMD - Dividend Comparison
SAPH's dividend yield for the trailing twelve months is around 3.96%, more than TEMD's 3.08% yield.
| Position | TTM |
|---|---|
SAPH ADRhedged SAP ETF | 3.96% |
TEMD Templeton Emerging Markets Debt ETF | 3.08% |
Frequently Asked Questions
SAPH and TEMD 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.
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 0.45% for TEMD.
SAPH has the higher dividend yield at 3.96%, compared with 3.08% for TEMD.
They also come from different issuers: ADRhedged and Franklin Templeton Investments. Their fees differ too: 0.19% for SAPH and 0.45% for TEMD.
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