SHRY vs. SAMT

Last updated Jun 4, 2026

SHRY (First Trust Bloomberg Shareholder Yield ETF) and SAMT (Strategas Macro Thematic Opportunities ETF) are both Large Cap Blend Equities funds. SHRY is passively managed, while SAMT is actively managed. Over the past 3 years, SHRY returned 13.90%/yr vs 28.84%/yr for SAMT. A 0.64 correlation means they provide meaningful diversification when combined. SHRY charges 0.60%/yr vs 0.66%/yr for SAMT.

Performance

SHRY vs. SAMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Bloomberg Shareholder Yield ETF (SHRY) and Strategas Macro Thematic Opportunities ETF (SAMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SHRY achieves a 4.24% return, which is significantly lower than SAMT's 20.25% return.

SHRY

• 1D: -0.83%
• 1M: -1.07%
• YTD: 4.24%
• 6M: 5.20%
• 1Y: 6.62%
• 3Y*: 13.90%
• 5Y*: 7.87%
• 10Y*: —

SAMT

• 1D: -0.66%
• 1M: 6.66%
• YTD: 20.25%
• 6M: 23.92%
• 1Y: 42.07%
• 3Y*: 28.84%
• 5Y*: —
• 10Y*: —

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

SHRY vs. SAMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SHRY First Trust Bloomberg Shareholder Yield ETF	4.24%	7.29%	17.27%	17.47%	-7.19%
SAMT Strategas Macro Thematic Opportunities ETF	20.25%	33.10%	28.15%	1.27%	-6.59%

Correlation

The correlation between SHRY and SAMT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022	0.64

Over the past year, the correlation between SHRY and SAMT has dropped to 0.31 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

SHRY vs. SAMT - Sectors Allocation Comparison

Sectors	SHRY	SAMT
Financial Services	23.2%	5.6%
Technology	18.2%	27.8%
Communication Services	12.9%	7.8%
Energy	10.7%	2.9%
Consumer Defensive	10.2%	12.0%
Healthcare	8.5%	4.3%
Industrials	8.1%	22.0%
Consumer Cyclical	7.5%	5.6%
Basic Materials	0.7%	2.7%
Real Estate	-	2.9%
Utilities	-	6.6%

Return for Risk

SHRY vs. SAMT — Risk / Return Rank

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

SHRY

SHRY Risk / Return Rank: 20
SHRY Sharpe Ratio Rank: 19
SHRY Sortino Ratio Rank: 18
SHRY Omega Ratio Rank: 18
SHRY Calmar Ratio Rank: 21
SHRY Martin Ratio Rank: 22

SAMT

SAMT Risk / Return Rank: 77
SAMT Sharpe Ratio Rank: 77
SAMT Sortino Ratio Rank: 74
SAMT Omega Ratio Rank: 70
SAMT Calmar Ratio Rank: 88
SAMT Martin Ratio Rank: 75

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.

SHRY vs. SAMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Shareholder Yield ETF (SHRY) and Strategas Macro Thematic Opportunities ETF (SAMT). 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.

	SHRY	SAMT	Difference
Sharpe ratio Return per unit of total volatility	0.62	2.53	-1.92
Sortino ratio Return per unit of downside risk	0.95	3.35	-2.41
Omega ratio Gain probability vs. loss probability	1.11	1.42	-0.31
Calmar ratio Return relative to maximum drawdown	0.92	5.19	-4.26
Martin ratio Return relative to average drawdown	2.54	14.30	-11.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHRY vs. SAMT - Sharpe Ratio Comparison

The current SHRY Sharpe Ratio is 0.62, which is lower than the SAMT Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of SHRY and SAMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SHRY	SAMT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.53	-1.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.98	-0.38

Drawdowns

SHRY vs. SAMT - Drawdown Comparison

The maximum SHRY drawdown since its inception was -36.67%, which is greater than SAMT's maximum drawdown of -20.57%. Use the drawdown chart below to compare losses from any high point for SHRY and SAMT.

Drawdown Indicators

	SHRY	SAMT	Difference
Max Drawdown Largest peak-to-trough decline	-36.67%	-20.57%	-16.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.20%	-8.15%	+0.95%
Max Drawdown (3Y) Largest decline over 3 years	-15.34%	-18.27%	+2.93%
Max Drawdown (5Y) Largest decline over 5 years	-23.94%	—	—
Current Drawdown Current decline from peak	-3.73%	-0.66%	-3.07%
Average Drawdown Average peak-to-trough decline	-5.03%	-7.72%	+2.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	2.95%	-0.33%

Volatility

SHRY vs. SAMT - Volatility Comparison

The current volatility for First Trust Bloomberg Shareholder Yield ETF (SHRY) is 2.31%, while Strategas Macro Thematic Opportunities ETF (SAMT) has a volatility of 6.82%. This indicates that SHRY experiences smaller price fluctuations and is considered to be less risky than SAMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHRY	SAMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.31%	6.82%	-4.51%
Volatility (6M) Calculated over the trailing 6-month period	7.51%	12.56%	-5.05%
Volatility (1Y) Calculated over the trailing 1-year period	10.78%	16.68%	-5.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	16.94%	-1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	16.94%	+1.24%

SHRY vs. SAMT - Expense Ratio Comparison

SHRY has a 0.60% expense ratio, which is lower than SAMT's 0.66% expense ratio.

Dividends

SHRY vs. SAMT - Dividend Comparison

SHRY's dividend yield for the trailing twelve months is around 1.69%, more than SAMT's 0.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SAMT Strategas Macro Thematic Opportunities ETF	0.58%	0.70%	1.40%	1.49%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%
SHRY First Trust Bloomberg Shareholder Yield ETF	1.69%	1.73%	1.76%	1.49%	1.52%	0.98%	1.65%	1.54%	1.89%	0.55%

Frequently Asked Questions

Can I hold both SHRY and SAMT in my portfolio?

SHRY and SAMT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SHRY or SAMT?

SAMT has higher volatility (6.82%) compared to SHRY (2.31%). In terms of maximum drawdown, SHRY dropped -36.67% vs SAMT's -20.57%.

Which ETF is better, SHRY or SAMT?

On 3-year performance, SAMT leads with 28.84% vs 13.90% for SHRY. On fees, SHRY is cheaper at 0.60% per year. On volatility, SHRY has been the lower-risk option at 2.31%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SHRY or SAMT?

Over the 3-year period, SAMT has performed better with a 28.84% return vs 13.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SHRY or SAMT?

SHRY is cheaper with a 0.60% expense ratio, compared with 0.66% for SAMT.

Which ETF pays a higher dividend yield, SHRY or SAMT?

SHRY has the higher dividend yield at 1.69%, compared with 0.58% for SAMT.

What is the main difference between SHRY and SAMT?

They also come from different issuers: First Trust and Strategas. Their fees differ too: 0.60% for SHRY and 0.66% for SAMT.

Which has better risk-adjusted returns?

SAMT currently has the higher Sharpe Ratio (2.53 vs 0.62), 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.