SNAV vs. CNAV

Last updated Jun 4, 2026

SNAV (Mohr Sector Nav ETF) and CNAV (Mohr Company Nav ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, SNAV returned 25.19% vs 72.64% for CNAV. A 0.74 correlation means they provide meaningful diversification when combined. SNAV charges 1.30%/yr vs 1.31%/yr for CNAV.

Performance

SNAV vs. CNAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Sector Nav ETF (SNAV) and Mohr Company Nav ETF (CNAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNAV achieves a 11.57% return, which is significantly lower than CNAV's 47.26% return.

SNAV

• 1D: -0.67%
• 1M: 6.93%
• YTD: 11.57%
• 6M: 11.36%
• 1Y: 25.19%
• 3Y*: 15.57%
• 5Y*: —
• 10Y*: —

CNAV

• 1D: 1.11%
• 1M: 21.60%
• YTD: 47.26%
• 6M: 48.02%
• 1Y: 72.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SNAV vs. CNAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SNAV Mohr Sector Nav ETF	11.57%	15.54%	-1.02%
CNAV Mohr Company Nav ETF	47.26%	16.80%	6.34%

Correlation

The correlation between SNAV and CNAV is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.74

The correlation between SNAV and CNAV has been stable across timeframes, ranging from 0.74 to 0.75 - a consistent structural relationship.

Return for Risk

SNAV vs. CNAV — Risk / Return Rank

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

SNAV

SNAV Risk / Return Rank: 74
SNAV Sharpe Ratio Rank: 74
SNAV Sortino Ratio Rank: 72
SNAV Omega Ratio Rank: 72
SNAV Calmar Ratio Rank: 78
SNAV Martin Ratio Rank: 75

CNAV

CNAV Risk / Return Rank: 87
CNAV Sharpe Ratio Rank: 87
CNAV Sortino Ratio Rank: 81
CNAV Omega Ratio Rank: 81
CNAV Calmar Ratio Rank: 90
CNAV Martin Ratio Rank: 93

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.

SNAV vs. CNAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Sector Nav ETF (SNAV) and Mohr Company Nav ETF (CNAV). 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.

	SNAV	CNAV	Difference
Sharpe ratio Return per unit of total volatility	2.37	2.91	-0.54
Sortino ratio Return per unit of downside risk	3.21	3.62	-0.40
Omega ratio Gain probability vs. loss probability	1.42	1.48	-0.06
Calmar ratio Return relative to maximum drawdown	3.92	5.63	-1.71
Martin ratio Return relative to average drawdown	14.09	24.09	-10.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNAV vs. CNAV - Sharpe Ratio Comparison

The current SNAV Sharpe Ratio is 2.37, which is comparable to the CNAV Sharpe Ratio of 2.91. The chart below compares the historical Sharpe Ratios of SNAV and CNAV, 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

	SNAV	CNAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	2.91	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	1.62	-0.51

Drawdowns

SNAV vs. CNAV - Drawdown Comparison

The maximum SNAV drawdown since its inception was -16.61%, smaller than the maximum CNAV drawdown of -30.06%. Use the drawdown chart below to compare losses from any high point for SNAV and CNAV.

Drawdown Indicators

	SNAV	CNAV	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-30.06%	+13.45%
Max Drawdown (1Y) Largest decline over 1 year	-6.45%	-12.97%	+6.52%
Max Drawdown (3Y) Largest decline over 3 years	-16.61%	—	—
Current Drawdown Current decline from peak	-0.67%	0.00%	-0.67%
Average Drawdown Average peak-to-trough decline	-2.51%	-5.42%	+2.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	3.02%	-1.23%

Volatility

SNAV vs. CNAV - Volatility Comparison

The current volatility for Mohr Sector Nav ETF (SNAV) is 3.12%, while Mohr Company Nav ETF (CNAV) has a volatility of 12.28%. This indicates that SNAV experiences smaller price fluctuations and is considered to be less risky than CNAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNAV	CNAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	12.28%	-9.16%
Volatility (6M) Calculated over the trailing 6-month period	7.28%	21.02%	-13.74%
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	25.08%	-14.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.64%	27.16%	-13.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.64%	27.16%	-13.52%

SNAV vs. CNAV - Expense Ratio Comparison

SNAV has a 1.30% expense ratio, which is lower than CNAV's 1.31% expense ratio.

Dividends

SNAV vs. CNAV - Dividend Comparison

Neither SNAV nor CNAV has paid dividends to shareholders.

Position	TTM	2025	2024	2023
CNAV Mohr Company Nav ETF	0.00%	0.00%	0.00%	0.00%
SNAV Mohr Sector Nav ETF	0.00%	0.00%	0.94%	3.29%

Frequently Asked Questions

Can I hold both SNAV and CNAV in my portfolio?

SNAV and CNAV have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNAV or CNAV?

CNAV has higher volatility (12.28%) compared to SNAV (3.12%). In terms of maximum drawdown, SNAV dropped -16.61% vs CNAV's -30.06%.

Which ETF is better, SNAV or CNAV?

On 1-year performance, CNAV leads with 72.64% vs 25.19% for SNAV. On fees, SNAV is cheaper at 1.30% per year. On volatility, SNAV has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNAV or CNAV?

Over the 1-year period, CNAV has performed better with a 72.64% return vs 25.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNAV or CNAV?

SNAV is cheaper with a 1.30% expense ratio, compared with 1.31% for CNAV.

Which ETF pays a higher dividend yield, SNAV or CNAV?

SNAV and CNAV have nearly identical dividend yields, around 0.00%.

What is the main difference between SNAV and CNAV?

They also come from different issuers: Mohr Funds and Mohr. Their fees differ too: 1.30% for SNAV and 1.31% for CNAV.

Which has better risk-adjusted returns?

CNAV currently has the higher Sharpe Ratio (2.91 vs 2.37), 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.