TOPT vs. SGRT

Last updated Jun 4, 2026

TOPT (iShares Top 20 U.S. Stocks ETF) and SGRT (SMART Earnings Growth 30 ETF) are both Large Cap Growth Equities funds. TOPT is passively managed, while SGRT is actively managed. A 0.64 correlation means they provide meaningful diversification when combined. TOPT charges 0.20%/yr vs 0.59%/yr for SGRT.

Performance

TOPT vs. SGRT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Top 20 U.S. Stocks ETF (TOPT) and SMART Earnings Growth 30 ETF (SGRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOPT achieves a 8.94% return, which is significantly lower than SGRT's 51.46% return.

TOPT

• 1D: -0.87%
• 1M: 5.40%
• YTD: 8.94%
• 6M: 8.53%
• 1Y: 30.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGRT

• 1D: 0.03%
• 1M: 14.68%
• YTD: 51.46%
• 6M: 56.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TOPT vs. SGRT - Yearly Performance Comparison

	2026 (YTD)	2025
TOPT iShares Top 20 U.S. Stocks ETF	8.94%	9.61%
SGRT SMART Earnings Growth 30 ETF	51.46%	25.25%

Correlation

The correlation between TOPT and SGRT is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.64

Return for Risk

TOPT vs. SGRT — Risk / Return Rank

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

TOPT

TOPT Risk / Return Rank: 58
TOPT Sharpe Ratio Rank: 65
TOPT Sortino Ratio Rank: 65
TOPT Omega Ratio Rank: 62
TOPT Calmar Ratio Rank: 46
TOPT Martin Ratio Rank: 51

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.

TOPT vs. SGRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Top 20 U.S. Stocks ETF (TOPT) and SMART Earnings Growth 30 ETF (SGRT). 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.

	TOPT	SGRT	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	3.07	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.31	—	—
Martin ratio: Return relative to average drawdown	8.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TOPT	SGRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.12	3.81	-2.68

Drawdowns

TOPT vs. SGRT - Drawdown Comparison

The maximum TOPT drawdown since its inception was -21.21%, which is greater than SGRT's maximum drawdown of -17.87%. Use the drawdown chart below to compare losses from any high point for TOPT and SGRT.

Drawdown Indicators

	TOPT	SGRT	Difference
Max Drawdown Largest peak-to-trough decline	-21.21%	-17.87%	-3.34%
Max Drawdown (1Y) Largest decline over 1 year	-13.13%	—	—
Current Drawdown Current decline from peak	-1.25%	0.00%	-1.25%
Average Drawdown Average peak-to-trough decline	-3.48%	-3.11%	-0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	—	—

Volatility

Volatility by Period

	TOPT	SGRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.68%	33.41%	-19.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.83%	33.41%	-13.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.83%	33.41%	-13.58%

TOPT vs. SGRT - Expense Ratio Comparison

TOPT has a 0.20% expense ratio, which is lower than SGRT's 0.59% expense ratio.

Dividends

TOPT vs. SGRT - Dividend Comparison

TOPT's dividend yield for the trailing twelve months is around 0.36%, more than SGRT's 0.11% yield.

Position	TTM	2025	2024
SGRT SMART Earnings Growth 30 ETF	0.11%	0.16%	0.00%
TOPT iShares Top 20 U.S. Stocks ETF	0.36%	0.38%	0.08%

Frequently Asked Questions

Can I hold both TOPT and SGRT in my portfolio?

TOPT and SGRT 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 ETF is better, TOPT or SGRT?

On fees, TOPT is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TOPT or SGRT?

TOPT is cheaper with a 0.20% expense ratio, compared with 0.59% for SGRT.

Which ETF pays a higher dividend yield, TOPT or SGRT?

TOPT has the higher dividend yield at 0.36%, compared with 0.11% for SGRT.

What is the main difference between TOPT and SGRT?

Their fees differ too: 0.20% for TOPT and 0.59% for SGRT.