SAWS vs. TIIV

Last updated Jul 15, 2026

SAWS (AAM Sawgrass U.S. Small Cap Quality Growth ETF) and TIIV (AAM Todd International Intrinsic Value ETF) are both exchange-traded funds - SAWS is a Small Cap Growth Equities fund actively managed by AAM, while TIIV is a Actively Managed fund actively managed by AAM. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. SAWS charges 0.55%/yr vs 0.54%/yr for TIIV.

Performance

SAWS vs. TIIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Sawgrass U.S. Small Cap Quality Growth ETF (SAWS) and AAM Todd International Intrinsic Value ETF (TIIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SAWS achieves a 16.95% return, which is significantly higher than TIIV's 12.41% return.

SAWS

• 1D: 0.32%
• 1M: 0.24%
• 6M: 11.83%
• YTD: 16.95%
• 1Y: 25.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TIIV

• 1D: 0.64%
• 1M: 2.07%
• 6M: 9.03%
• YTD: 12.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SAWS vs. TIIV - Yearly Performance Comparison

	2026 (YTD)	2025
SAWS AAM Sawgrass U.S. Small Cap Quality Growth ETF	16.95%	9.17%
TIIV AAM Todd International Intrinsic Value ETF	12.41%	10.83%

Correlation

The correlation between SAWS and TIIV is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.60

Return for Risk

SAWS vs. TIIV — Risk / Return Rank

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

SAWS

SAWS Risk / Return Rank: 54
SAWS Sharpe Ratio Rank: 49
SAWS Sortino Ratio Rank: 52
SAWS Omega Ratio Rank: 44
SAWS Calmar Ratio Rank: 64
SAWS Martin Ratio Rank: 58

TIIV

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.

SAWS vs. TIIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Sawgrass U.S. Small Cap Quality Growth ETF (SAWS) and AAM Todd International Intrinsic Value ETF (TIIV). 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.

	SAWS	TIIV	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	2.09	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.54	—	—
Martin ratio: Return relative to average drawdown	8.17	—	—

Drawdowns

SAWS vs. TIIV - Drawdown Comparison

The maximum SAWS drawdown since its inception was -22.04%, which is greater than TIIV's maximum drawdown of -9.68%. Use the drawdown chart below to compare losses from any high point for SAWS and TIIV.

Drawdown Indicators

	SAWS	TIIV	Difference
Max Drawdown Largest peak-to-trough decline	-22.04%	-9.68%	-12.36%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	—	—
Current Drawdown Current decline from peak	-5.22%	0.00%	-5.22%
Average Drawdown Average peak-to-trough decline	-5.39%	-1.85%	-3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	—	—

Volatility

Volatility by Period

	SAWS	TIIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.86%	14.55%	+4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.99%	14.55%	+6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.99%	14.55%	+6.44%

SAWS vs. TIIV - Expense Ratio Comparison

SAWS has a 0.55% expense ratio, which is higher than TIIV's 0.54% expense ratio.

Dividends

SAWS vs. TIIV - Dividend Comparison

SAWS's dividend yield for the trailing twelve months is around 0.02%, less than TIIV's 3.17% yield.

Position	TTM	2025	2024
SAWS AAM Sawgrass U.S. Small Cap Quality Growth ETF	0.02%	0.02%	0.03%
TIIV AAM Todd International Intrinsic Value ETF	3.17%	2.33%	0.00%

Frequently Asked Questions

Can I hold both SAWS and TIIV in my portfolio?

SAWS and TIIV have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SAWS or TIIV?

On fees, TIIV is cheaper at 0.54% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SAWS or TIIV?

TIIV is cheaper with a 0.54% expense ratio, compared with 0.55% for SAWS.

Which ETF pays a higher dividend yield, SAWS or TIIV?

TIIV has the higher dividend yield at 3.17%, compared with 0.02% for SAWS.

What is the main difference between SAWS and TIIV?

SAWS is categorized as Small Cap Growth Equities, while TIIV is Actively Managed. Their fees differ too: 0.55% for SAWS and 0.54% for TIIV.