TIIV vs. SAPH

Last updated Jul 30, 2026

TIIV (AAM Todd International Intrinsic Value ETF) and SAPH (ADRhedged SAP ETF) are both Actively Managed funds. Both are actively managed. Over the past year, TIIV returned 25.15% vs -32.30% for SAPH. Their 0.09 correlation means their historical movements had little consistent relationship. TIIV charges 0.54%/yr vs 0.19%/yr for SAPH.

Performance

TIIV vs. SAPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Todd International Intrinsic Value ETF (TIIV) 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, TIIV achieves a 11.86% return, which is significantly higher than SAPH's -19.27% return.

TIIV

• 1D: -0.44%
• 1M: 2.59%
• 6M: 5.27%
• YTD: 11.86%
• 1Y: 25.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 23.71%

SAPH

• 1D: 3.32%
• 1M: 19.22%
• 6M: -15.81%
• YTD: -19.27%
• 1Y: -32.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -20.71%

*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	$30.61K	$28.06K	$22.54K
TIIV AAM Todd International Intrinsic Value ETF	$18.60K	$14.86K	$76.21K

TIIV vs. SAPH - Yearly Performance Comparison

	2026 (YTD)	2025
TIIV AAM Todd International Intrinsic Value ETF	11.86%	10.83%
SAPH ADRhedged SAP ETF	-19.27%	-14.46%

Correlation

The correlation between TIIV and SAPH is 0.08, 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.	0.08
Correlation (All Time) Calculated using the full available price history since Jul 25, 2025	0.09

Return for Risk

TIIV vs. SAPH — Risk / Return Rank

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

TIIV

TIIV Risk / Return Rank: 79
TIIV Sharpe Ratio Rank: 80
TIIV Sortino Ratio Rank: 82
TIIV Omega Ratio Rank: 80
TIIV Calmar Ratio Rank: 77
TIIV Martin Ratio Rank: 76

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: 4
SAPH Martin Ratio Rank: 4

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.

TIIV vs. SAPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Todd International Intrinsic Value ETF (TIIV) 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.

	TIIV	SAPH	Difference
Sharpe ratio: Return per unit of total volatility	1.76	-0.87	+2.63
Sortino ratio: Return per unit of downside risk	2.58	-1.15	+3.73
Omega ratio: Gain probability vs. loss probability	1.32	0.85	+0.47
Calmar ratio: Return relative to maximum drawdown	2.61	-0.69	+3.30
Martin ratio: Return relative to average drawdown	9.09	-1.11	+10.21

TIIV vs. SAPH - Sharpe Ratio Comparison

The current TIIV Sharpe Ratio is 1.76, which is higher than the SAPH Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of TIIV 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

TIIV vs. SAPH - Drawdown Comparison

The maximum TIIV drawdown since its inception was -9.68%, smaller than the maximum SAPH drawdown of -51.72%. Use the drawdown chart below to compare losses from any high point for TIIV and SAPH.

Drawdown Indicators

	TIIV	SAPH	Difference
Max Drawdown Largest peak-to-trough decline	-9.68%	-51.72%	+42.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-47.17%	+37.49%
Current Drawdown Current decline from peak	-0.86%	-39.47%	+38.61%
Average Drawdown Average peak-to-trough decline	-1.79%	-23.11%	+21.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	29.05%	-26.27%

Volatility

TIIV vs. SAPH - Volatility Comparison

The current volatility for AAM Todd International Intrinsic Value ETF (TIIV) is 3.16%, while ADRhedged SAP ETF (SAPH) has a volatility of 15.24%. This indicates that TIIV experiences smaller price fluctuations and is considered to be less risky than SAPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TIIV	SAPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	15.24%	-12.08%
Volatility (6M) Calculated over the trailing 6-month period	11.85%	33.67%	-21.82%
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	37.36%	-23.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.38%	35.48%	-21.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.38%	35.48%	-21.10%

TIIV vs. SAPH - Expense Ratio Comparison

TIIV has a 0.54% expense ratio, which is higher than SAPH's 0.19% expense ratio.

Dividends

TIIV vs. SAPH - Dividend Comparison

TIIV's dividend yield for the trailing twelve months is around 3.18%, less than SAPH's 3.46% yield.

Position	TTM	2025
SAPH ADRhedged SAP ETF	3.46%	0.00%
TIIV AAM Todd International Intrinsic Value ETF	3.18%	2.33%

Frequently Asked Questions

Can I hold both TIIV and SAPH in my portfolio?

TIIV and SAPH have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TIIV or SAPH?

SAPH has higher volatility (15.24%) compared to TIIV (3.16%). In terms of maximum drawdown, TIIV dropped -9.68% vs SAPH's -51.72%.

Which ETF is better, TIIV or SAPH?

On 1-year performance, TIIV leads with 25.15% vs -32.30% for SAPH. On fees, SAPH is cheaper at 0.19% per year. On volatility, TIIV has been the lower-risk option at 3.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TIIV or SAPH?

Over the 1-year period, TIIV has performed better with a 25.15% return vs -32.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TIIV or SAPH?

SAPH is cheaper with a 0.19% expense ratio, compared with 0.54% for TIIV.

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

SAPH has the higher dividend yield at 3.46%, compared with 3.18% for TIIV.

What is the main difference between TIIV and SAPH?

They also come from different issuers: AAM and ADRhedged. Their fees differ too: 0.54% for TIIV and 0.19% for SAPH.

Which has better risk-adjusted returns?

TIIV currently has the higher Sharpe Ratio (1.76 vs -0.87), 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.