SAWG vs. ITOT

Last updated Aug 2, 2026

SAWG (AAM Sawgrass U.S. Large Cap Quality Growth ETF) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both exchange-traded funds - SAWG is a Quality Factor fund actively managed by AAM, while ITOT is a Large Cap Blend Equities fund tracking the S&P Total Market Index. SAWG is actively managed, while ITOT is passively managed. Over the past year, SAWG returned 17.21% vs 21.81% for ITOT. Their correlation of 0.93 means they have usually moved in the same direction. SAWG charges 0.49%/yr vs 0.03%/yr for ITOT.

Performance

SAWG vs. ITOT - 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 iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAWG achieves a 8.37% return, which is significantly lower than ITOT's 10.57% return.

SAWG

• 1D: 0.52%
• 1M: 0.10%
• 6M: 8.55%
• YTD: 8.37%
• 1Y: 17.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.12%

ITOT

• 1D: 0.59%
• 1M: -0.09%
• 6M: 8.89%
• YTD: 10.57%
• 1Y: 21.81%
• 3Y*: 18.94%
• 5Y*: 11.75%
• 10Y*: 14.60%
• ALL TIME*: 10.56%

*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)
ITOT iShares Core S&P Total U.S. Stock Market ETF	$209.16M	$238.83M	$306.83M
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	$20.88K	$32.12K	$31.74K

SAWG vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	8.37%	11.30%	6.07%
ITOT iShares Core S&P Total U.S. Stock Market ETF	10.57%	17.00%	8.62%

Correlation

The correlation between SAWG and ITOT is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (All Time) Calculated using the full available price history since Jul 31, 2024	0.93

The correlation between SAWG and ITOT has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

SAWG vs. ITOT - Sectors Allocation Comparison

Sectors	SAWG	ITOT
Technology	46.2%	36.4%
Healthcare	15.4%	9.5%
Consumer Cyclical	11.3%	9.5%
Industrials	8.8%	9.9%
Financial Services	7.5%	11.9%
Communication Services	6.9%	9.1%
Consumer Defensive	3.8%	4.3%
Basic Materials	-	1.9%
Energy	-	3.1%
Real Estate	-	2.3%
Utilities	-	2.2%

Return for Risk

SAWG vs. ITOT — Risk / Return Rank

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

SAWG

SAWG Risk / Return Rank: 46
SAWG Sharpe Ratio Rank: 48
SAWG Sortino Ratio Rank: 47
SAWG Omega Ratio Rank: 45
SAWG Calmar Ratio Rank: 40
SAWG Martin Ratio Rank: 49

ITOT

ITOT Risk / Return Rank: 67
ITOT Sharpe Ratio Rank: 67
ITOT Sortino Ratio Rank: 64
ITOT Omega Ratio Rank: 64
ITOT Calmar Ratio Rank: 65
ITOT Martin Ratio Rank: 77

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.

SAWG vs. ITOT - 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 iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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	ITOT	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.51	-0.31
Sortino ratio: Return per unit of downside risk	1.72	2.10	-0.38
Omega ratio: Gain probability vs. loss probability	1.21	1.27	-0.06
Calmar ratio: Return relative to maximum drawdown	1.40	2.23	-0.83
Martin ratio: Return relative to average drawdown	5.64	9.56	-3.92

SAWG vs. ITOT - Sharpe Ratio Comparison

The current SAWG Sharpe Ratio is 1.20, which is comparable to the ITOT Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of SAWG and ITOT, 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

SAWG vs. ITOT - Drawdown Comparison

The maximum SAWG drawdown since its inception was -18.68%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for SAWG and ITOT.

Drawdown Indicators

	SAWG	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-18.68%	-55.20%	+36.52%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	-8.90%	-2.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-1.58%	-1.34%	-0.24%
Average Drawdown Average peak-to-trough decline	-2.57%	-6.93%	+4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.80%	2.07%	+0.73%

Volatility

SAWG vs. ITOT - Volatility Comparison

The current volatility for AAM Sawgrass U.S. Large Cap Quality Growth ETF (SAWG) is 3.28%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 3.52%. This indicates that SAWG experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SAWG	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	3.52%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	10.49%	10.27%	+0.22%
Volatility (1Y) Calculated over the trailing 1-year period	13.19%	13.14%	+0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.05%	17.47%	-1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	18.27%	-2.22%

SAWG vs. ITOT - Expense Ratio Comparison

SAWG has a 0.49% expense ratio, which is higher than ITOT's 0.03% expense ratio.

Dividends

SAWG vs. ITOT - Dividend Comparison

SAWG's dividend yield for the trailing twelve months is around 0.25%, less than ITOT's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITOT iShares Core S&P Total U.S. Stock Market ETF	1.01%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
SAWG AAM Sawgrass U.S. Large Cap Quality Growth ETF	0.25%	0.27%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SAWG and ITOT in my portfolio?

With a correlation of 0.93, SAWG and ITOT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SAWG or ITOT?

ITOT has higher volatility (3.52%) compared to SAWG (3.28%). In terms of maximum drawdown, SAWG dropped -18.68% vs ITOT's -55.20%.

Which ETF is better, SAWG or ITOT?

On 1-year performance, ITOT leads with 21.81% vs 17.21% for SAWG. On fees, ITOT is cheaper at 0.03% per year. On volatility, SAWG has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SAWG or ITOT?

Over the 1-year period, ITOT has performed better with a 21.81% return vs 17.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SAWG or ITOT?

ITOT is cheaper with a 0.03% expense ratio, compared with 0.49% for SAWG.

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

ITOT has the higher dividend yield at 1.01%, compared with 0.25% for SAWG.

What is the main difference between SAWG and ITOT?

SAWG is categorized as Quality Factor, while ITOT is Large Cap Blend Equities. They also come from different issuers: AAM and iShares. Their fees differ too: 0.49% for SAWG and 0.03% for ITOT.

Which has better risk-adjusted returns?

ITOT currently has the higher Sharpe Ratio (1.51 vs 1.20), 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.