SGFFX vs. ETILX

Last updated Aug 1, 2026

SGFFX (Sparrow Growth Fund) and ETILX (Eventide Gilead Class I) are both Mid Cap Growth Equities funds. Over the past 10 years, SGFFX returned 15.37%/yr vs 13.24%/yr for ETILX. Their correlation of 0.82 means they have usually moved in the same direction. SGFFX charges 1.81%/yr vs 1.11%/yr for ETILX.

Performance

SGFFX vs. ETILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sparrow Growth Fund (SGFFX) and Eventide Gilead Class I (ETILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SGFFX achieves a -0.52% return, which is significantly lower than ETILX's 11.73% return. Over the past 10 years, SGFFX has outperformed ETILX with an annualized return of 15.37%, while ETILX has yielded a comparatively lower 13.24% annualized return.

SGFFX

• 1D: 1.35%
• 1M: -2.45%
• 6M: 2.22%
• YTD: -0.52%
• 1Y: 5.81%
• 3Y*: 16.75%
• 5Y*: 4.83%
• 10Y*: 15.37%
• ALL TIME*: 6.80%

ETILX

• 1D: 2.79%
• 1M: -6.44%
• 6M: 9.69%
• YTD: 11.73%
• 1Y: 27.88%
• 3Y*: 11.25%
• 5Y*: 2.21%
• 10Y*: 13.24%
• ALL TIME*: 13.33%

*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)
ETILX Eventide Gilead Class I	$0.00	$0.00	$0.00
SGFFX Sparrow Growth Fund	$0.00	$0.00	$0.00

SGFFX vs. ETILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SGFFX Sparrow Growth Fund	-0.52%	14.31%	34.81%	17.02%	-23.36%	-11.00%	97.83%	27.24%	6.26%	31.24%
ETILX Eventide Gilead Class I	11.73%	23.77%	-0.03%	22.76%	-34.03%	11.44%	55.44%	34.11%	-2.35%	33.09%

Correlation

The correlation between SGFFX and ETILX is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.64
Correlation (3Y) Balances recent behavior with more history.	0.71
Correlation (5Y) Shows whether the relationship held over a longer period.	0.77
Correlation (10Y) Provides a long-term view across more market conditions.	0.81
Correlation (All Time) Calculated using the full available price history since Feb 2, 2010	0.82

The correlation between SGFFX and ETILX shifts across timeframes, from 0.64 (1 year) to 0.82 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SGFFX vs. ETILX — Risk / Return Rank

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

SGFFX

SGFFX Risk / Return Rank: 8
SGFFX Sharpe Ratio Rank: 8
SGFFX Sortino Ratio Rank: 8
SGFFX Omega Ratio Rank: 8
SGFFX Calmar Ratio Rank: 7
SGFFX Martin Ratio Rank: 8

ETILX

ETILX Risk / Return Rank: 50
ETILX Sharpe Ratio Rank: 53
ETILX Sortino Ratio Rank: 53
ETILX Omega Ratio Rank: 48
ETILX Calmar Ratio Rank: 51
ETILX Martin Ratio Rank: 48

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.

SGFFX vs. ETILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sparrow Growth Fund (SGFFX) and Eventide Gilead Class I (ETILX). 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.

	SGFFX	ETILX	Difference
Sharpe ratio: Return per unit of total volatility	0.30	1.36	-1.06
Sortino ratio: Return per unit of downside risk	0.51	1.96	-1.45
Omega ratio: Gain probability vs. loss probability	1.06	1.24	-0.18
Calmar ratio: Return relative to maximum drawdown	0.27	1.86	-1.59
Martin ratio: Return relative to average drawdown	0.87	6.63	-5.77

SGFFX vs. ETILX - Sharpe Ratio Comparison

The current SGFFX Sharpe Ratio is 0.30, which is lower than the ETILX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of SGFFX and ETILX, 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

SGFFX vs. ETILX - Drawdown Comparison

The maximum SGFFX drawdown since its inception was -62.10%, which is greater than ETILX's maximum drawdown of -41.30%. Use the drawdown chart below to compare losses from any high point for SGFFX and ETILX.

Drawdown Indicators

	SGFFX	ETILX	Difference
Max Drawdown Largest peak-to-trough decline	-62.10%	-41.30%	-20.80%
Max Drawdown (1Y) Largest decline over 1 year	-15.33%	-14.40%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	-39.29%	-25.71%	-13.58%
Max Drawdown (5Y) Largest decline over 5 years	-40.24%	-41.30%	+1.06%
Max Drawdown (10Y) Largest decline over 10 years	-50.45%	-41.30%	-9.15%
Current Drawdown Current decline from peak	-19.20%	-9.02%	-10.18%
Average Drawdown Average peak-to-trough decline	-22.14%	-11.44%	-10.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.75%	4.03%	+0.72%

Volatility

SGFFX vs. ETILX - Volatility Comparison

The current volatility for Sparrow Growth Fund (SGFFX) is 4.02%, while Eventide Gilead Class I (ETILX) has a volatility of 6.00%. This indicates that SGFFX experiences smaller price fluctuations and is considered to be less risky than ETILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGFFX	ETILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	6.00%	-1.98%
Volatility (6M) Calculated over the trailing 6-month period	11.06%	16.45%	-5.39%
Volatility (1Y) Calculated over the trailing 1-year period	13.88%	19.65%	-5.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.97%	24.49%	+2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.01%	23.45%	+4.56%

SGFFX vs. ETILX - Expense Ratio Comparison

SGFFX has a 1.81% expense ratio, which is higher than ETILX's 1.11% expense ratio.

Dividends

SGFFX vs. ETILX - Dividend Comparison

SGFFX has not paid dividends to shareholders, while ETILX's dividend yield for the trailing twelve months is around 10.80%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETILX Eventide Gilead Class I	10.80%	12.07%	1.25%	0.00%	5.36%	6.30%	0.79%	3.14%	5.31%	0.00%	0.00%	1.13%
SGFFX Sparrow Growth Fund	0.00%	0.00%	0.00%	0.00%	18.67%	0.00%	0.67%	1.33%	5.84%	7.33%	0.00%	2.59%

Frequently Asked Questions

Can I hold both SGFFX and ETILX in my portfolio?

SGFFX and ETILX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGFFX or ETILX?

ETILX has higher volatility (6.00%) compared to SGFFX (4.02%). In terms of maximum drawdown, SGFFX dropped -62.10% vs ETILX's -41.30%.

Which has better risk-adjusted returns?

ETILX currently has the higher Sharpe Ratio (1.36 vs 0.30), 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.