SAWG vs. GARY

Last updated Jul 14, 2026

SAWG (AAM Sawgrass U.S. Large Cap Quality Growth ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. SAWG charges 0.49%/yr vs 0.77%/yr for GARY.

Performance

SAWG vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Sawgrass U.S. Large Cap Quality Growth ETF (SAWG) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAWG achieves a 9.23% return, which is significantly lower than GARY's 30.03% return.

SAWG

• 1D: -0.80%
• 1M: 1.52%
• 6M: 7.93%
• YTD: 9.23%
• 1Y: 18.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GARY

• 1D: -1.55%
• 1M: -0.00%
• 6M: 22.99%
• YTD: 30.03%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SAWG vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	9.23%	0.14%
GARY Mango Growth ETF	30.03%	0.15%

Correlation

The correlation between SAWG and GARY is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.81

Return for Risk

SAWG vs. GARY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAWG

SAWG Risk / Return Rank: 48
SAWG Sharpe Ratio Rank: 52
SAWG Sortino Ratio Rank: 51
SAWG Omega Ratio Rank: 49
SAWG Calmar Ratio Rank: 40
SAWG Martin Ratio Rank: 50

GARY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SAWG vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Sawgrass U.S. Large Cap Quality Growth ETF (SAWG) and Mango Growth ETF (GARY). 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.

	SAWG	GARY	Difference
Sharpe ratio: Return per unit of total volatility	1.44	—	—
Sortino ratio: Return per unit of downside risk	2.03	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.64	—	—
Martin ratio: Return relative to average drawdown	6.70	—	—

Drawdowns

SAWG vs. GARY - Drawdown Comparison

The maximum SAWG drawdown since its inception was -18.68%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for SAWG and GARY.

Drawdown Indicators

	SAWG	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-10.28%	-8.40%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	—	—
Current Drawdown Current decline from peak	-0.80%	-5.23%	+4.43%
Average Drawdown Average peak-to-trough decline	-2.60%	-1.87%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.77%	—	—

Volatility

Volatility by Period

	SAWG	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.96%	21.84%	-8.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.15%	21.84%	-5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.15%	21.84%	-5.69%

SAWG vs. GARY - Expense Ratio Comparison

SAWG has a 0.49% expense ratio, which is lower than GARY's 0.77% expense ratio.

Dividends

SAWG vs. GARY - Dividend Comparison

SAWG's dividend yield for the trailing twelve months is around 0.25%, more than GARY's 0.04% yield.

Position	TTM	2025	2024
GARY Mango Growth ETF	0.04%	0.05%	0.00%
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	0.25%	0.27%	0.16%

Frequently Asked Questions

Can I hold both SAWG and GARY in my portfolio?

SAWG and GARY have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SAWG or GARY?

On fees, SAWG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SAWG or GARY?

SAWG is cheaper with a 0.49% expense ratio, compared with 0.77% for GARY.

Which ETF pays a higher dividend yield, SAWG or GARY?

SAWG has the higher dividend yield at 0.25%, compared with 0.04% for GARY.

What is the main difference between SAWG and GARY?

They also come from different issuers: AAM and Mango. Their fees differ too: 0.49% for SAWG and 0.77% for GARY.