STHH vs. SAPH

Last updated Aug 2, 2026

STHH (STMicroelectronics NV ADRhedged) and SAPH (ADRhedged SAP ETF) are both exchange-traded funds - STHH is a Technology Equities fund tracking the STMicroelectronics NV Local Shares Total Return, while SAPH is a Actively Managed fund actively managed by ADRhedged. STHH is passively managed, while SAPH is actively managed. Over the past year, STHH returned 115.16% vs -32.56% for SAPH. Their 0.03 correlation means their historical movements had little consistent relationship. Both charge a 0.19% expense ratio.

Performance

STHH vs. SAPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STMicroelectronics NV ADRhedged (STHH) and ADRhedged SAP ETF (SAPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STHH achieves a 108.31% return, which is significantly higher than SAPH's -20.90% return.

STHH

• 1D: -1.39%
• 1M: -22.86%
• 6M: 95.26%
• YTD: 108.31%
• 1Y: 115.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 102.44%

SAPH

• 1D: 1.25%
• 1M: 11.74%
• 6M: -4.48%
• YTD: -20.90%
• 1Y: -32.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -21.67%

*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)
SAPH ADRhedged SAP ETF	$30.52K	$29.02K	$22.45K
STHH STMicroelectronics NV ADRhedged	$187.95K	$364.56K	$515.16K

STHH vs. SAPH - Yearly Performance Comparison

	2026 (YTD)	2025
STHH STMicroelectronics NV ADRhedged	108.31%	17.60%
SAPH ADRhedged SAP ETF	-20.90%	-4.75%

Correlation

The correlation between STHH and SAPH is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.03
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.03

Return for Risk

STHH vs. SAPH — Risk / Return Rank

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

STHH

STHH Risk / Return Rank: 80
STHH Sharpe Ratio Rank: 84
STHH Sortino Ratio Rank: 77
STHH Omega Ratio Rank: 81
STHH Calmar Ratio Rank: 80
STHH Martin Ratio Rank: 77

SAPH

SAPH Risk / Return Rank: 3
SAPH Sharpe Ratio Rank: 2
SAPH Sortino Ratio Rank: 3
SAPH Omega Ratio Rank: 2
SAPH Calmar Ratio Rank: 3
SAPH Martin Ratio Rank: 3

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.

STHH vs. SAPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics NV ADRhedged (STHH) and ADRhedged SAP ETF (SAPH). 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.

	STHH	SAPH	Difference
Sharpe ratio: Return per unit of total volatility	1.96	-0.92	+2.88
Sortino ratio: Return per unit of downside risk	2.46	-1.24	+3.70
Omega ratio: Gain probability vs. loss probability	1.34	0.84	+0.50
Calmar ratio: Return relative to maximum drawdown	2.91	-0.73	+3.64
Martin ratio: Return relative to average drawdown	9.62	-1.18	+10.80

STHH vs. SAPH - Sharpe Ratio Comparison

The current STHH Sharpe Ratio is 1.96, which is higher than the SAPH Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of STHH and SAPH, 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

STHH vs. SAPH - Drawdown Comparison

The maximum STHH drawdown since its inception was -37.98%, smaller than the maximum SAPH drawdown of -51.72%. Use the drawdown chart below to compare losses from any high point for STHH and SAPH.

Drawdown Indicators

	STHH	SAPH	Difference
Max Drawdown Largest peak-to-trough decline	-37.98%	-51.72%	+13.74%
Max Drawdown (1Y) Largest decline over 1 year	-37.98%	-47.02%	+9.04%
Current Drawdown Current decline from peak	-33.48%	-40.69%	+7.21%
Average Drawdown Average peak-to-trough decline	-10.84%	-23.20%	+12.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.47%	29.04%	-17.57%

Volatility

STHH vs. SAPH - Volatility Comparison

STMicroelectronics NV ADRhedged (STHH) has a higher volatility of 26.97% compared to ADRhedged SAP ETF (SAPH) at 15.74%. This indicates that STHH's price experiences larger fluctuations and is considered to be riskier than SAPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STHH	SAPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.97%	15.74%	+11.23%
Volatility (6M) Calculated over the trailing 6-month period	48.55%	29.29%	+19.26%
Volatility (1Y) Calculated over the trailing 1-year period	56.49%	37.37%	+19.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.17%	35.50%	+19.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.17%	35.50%	+19.67%

STHH vs. SAPH - Expense Ratio Comparison

Both STHH and SAPH have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

STHH vs. SAPH - Dividend Comparison

STHH's dividend yield for the trailing twelve months is around 0.97%, less than SAPH's 3.53% yield.

Position	TTM	2025
SAPH ADRhedged SAP ETF	3.53%	0.00%
STHH STMicroelectronics NV ADRhedged	0.97%	0.69%

Frequently Asked Questions

Can I hold both STHH and SAPH in my portfolio?

STHH and SAPH have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STHH or SAPH?

STHH has higher volatility (26.97%) compared to SAPH (15.74%). In terms of maximum drawdown, STHH dropped -37.98% vs SAPH's -51.72%.

Which ETF is better, STHH or SAPH?

On 1-year performance, STHH leads with 115.16% vs -32.56% for SAPH. Both ETFs have the same 0.19% expense ratio. On volatility, SAPH has been the lower-risk option at 15.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STHH or SAPH?

Over the 1-year period, STHH has performed better with a 115.16% return vs -32.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STHH or SAPH?

STHH and SAPH have the same expense ratio: 0.19% per year.

Which ETF pays a higher dividend yield, STHH or SAPH?

SAPH has the higher dividend yield at 3.53%, compared with 0.97% for STHH.

What is the main difference between STHH and SAPH?

STHH is categorized as Technology Equities, while SAPH is Actively Managed.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (1.96 vs -0.92), 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.