ELCV vs SAWS
ELCV vs SAWS
Eventide High Dividend ETF vs AAM Sawgrass US Small Cap Quality Growth ETF
Quick Verdict
ELCV has a lower expense ratio. SAWS delivered stronger 1-year returns. SAWS offers more diversification with 71 holdings.
Side-by-Side Comparison
| Metric | ELCV | SAWS | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.55% | |
| AUM | $251M | $8M | |
| Dividend Yield | 2.06% | 0.02% | |
| Holdings | 47 | 72 | |
| YTD Return | +18.65% | +16.18% | |
| 1Y Return | +25.13% | +25.78% | |
| 3Y Return (annualized) | - | - | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 13.8% | 18.3% | |
| Max Drawdown | -18.4% | -22.0% | |
| Fund Family | Eventide | Advisors Asset Management, Inc. | |
| Category | Equity | Equity | |
| Inception | Sep 30, 2024 | Jul 30, 2024 |
ELCV vs SAWS Performance
Eventide High Dividend ETF (ELCV) is a ETF from Eventide and AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is a ETF from Advisors Asset Management, Inc.. Over the past year ELCV returned +25.13% while SAWS returned +25.78%. Year to date, ELCV is up 18.65% versus a gain of 16.18% for SAWS.
Risk: Volatility and Drawdowns
SAWS has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 13.8% for ELCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.4% for ELCV and -22.0% for SAWS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ELCV charges 0.49% per year while SAWS charges 0.55%. On a $10,000 position that is $49 vs $55 annually, a gap of $6 per year that compounds over a long holding period. On income, ELCV currently yields 2.06% against 0.02% for SAWS.
Holdings Overlap
ELCV and SAWS share 0 holdings out of 117 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ELCV or SAWS?
ELCV has an expense ratio of 0.49% while SAWS charges 0.55%. ELCV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, ELCV or SAWS?
Over the past year ELCV returned +25.13% vs +25.78% for SAWS, so SAWS leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +15.23% vs +13.57% for SAWS. Past performance does not guarantee future results.
Which is riskier, ELCV or SAWS?
SAWS has been the more volatile fund at 18.3% annualized versus 13.8% for ELCV. Worst drawdown: ELCV -18.4% vs SAWS -22.0%.
Should I hold both ELCV and SAWS?
ELCV and SAWS have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ELCV and SAWS?
ELCV and SAWS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 117 unique securities.
Which pays a higher dividend, ELCV or SAWS?
ELCV yields 2.06% while SAWS yields 0.02%, so ELCV currently pays the higher dividend yield.
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