FNGG vs SAWS
FNGG vs SAWS
Direxion Daily NYSE FANG+ Bull 2X ETF vs AAM Sawgrass US Small Cap Quality Growth ETF
Quick Verdict
SAWS has a lower expense ratio. FNGG delivered stronger 1-year returns. SAWS offers more diversification with 71 holdings.
Side-by-Side Comparison
| Metric | FNGG | SAWS | Winner |
|---|---|---|---|
| Expense Ratio | 0.97% | 0.55% | |
| AUM | $116M | $8M | |
| Dividend Yield | 11.05% | 0.02% | |
| Holdings | 18 | 72 | |
| YTD Return | +34.97% | +16.18% | |
| 1Y Return | +37.82% | +25.78% | |
| 3Y Return (annualized) | +58.42% | - | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 58.6% | 18.3% | |
| Max Drawdown | -91.3% | -22.0% | |
| Fund Family | Direxion Shares ETF Trust | Advisors Asset Management, Inc. | |
| Category | Alternative | Equity | |
| Inception | Sep 29, 2021 | Jul 30, 2024 |
FNGG vs SAWS Performance
Direxion Daily NYSE FANG+ Bull 2X ETF (FNGG) is a ETF from Direxion Shares ETF Trust and AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is a ETF from Advisors Asset Management, Inc.. Over the past year FNGG returned +37.82% while SAWS returned +25.78%. Year to date, FNGG is up 34.97% versus a gain of 16.18% for SAWS.
Risk: Volatility and Drawdowns
FNGG has been the more volatile fund, with annualized monthly volatility of 58.6% compared with 18.3% for SAWS. 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 -91.3% for FNGG 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FNGG charges 0.97% per year while SAWS charges 0.55%. On a $10,000 position that is $97 vs $55 annually, a gap of $42 per year that compounds over a long holding period. On income, FNGG currently yields 11.05% against 0.02% for SAWS.
Holdings Overlap
FNGG and SAWS share 0 holdings out of 84 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, FNGG or SAWS?
FNGG has an expense ratio of 0.97% while SAWS charges 0.55%. SAWS is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, FNGG or SAWS?
Over the past year FNGG returned +37.82% vs +25.78% for SAWS, so FNGG leads on 1-year performance. Over the longest common window we track (2 years), FNGG annualized +4.69% vs +13.57% for SAWS. Past performance does not guarantee future results.
Which is riskier, FNGG or SAWS?
FNGG has been the more volatile fund at 58.6% annualized versus 18.3% for SAWS. Worst drawdown: FNGG -91.3% vs SAWS -22.0%.
Should I hold both FNGG and SAWS?
FNGG and SAWS have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNGG and SAWS?
FNGG and SAWS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 84 unique securities.
Which pays a higher dividend, FNGG or SAWS?
FNGG yields 11.05% while SAWS yields 0.02%, so FNGG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.