FTKI vs SAWS
FTKI vs SAWS
First Trust Small Cap BuyWrite Income ETF vs AAM Sawgrass US Small Cap Quality Growth ETF
Quick Verdict
SAWS has a lower expense ratio. SAWS delivered stronger 1-year returns. FTKI offers more diversification with 144 holdings.
Side-by-Side Comparison
| Metric | FTKI | SAWS | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.55% | |
| AUM | $25M | $8M | |
| Dividend Yield | 12.53% | 0.02% | |
| Holdings | 170 | 72 | |
| YTD Return | +13.99% | +16.18% | |
| 1Y Return | +23.96% | +25.78% | |
| 3Y Return (annualized) | - | - | |
| 5Y Return (annualized) | - | - | |
| Volatility (annualized) | 10.3% | 18.3% | |
| Max Drawdown | -15.2% | -22.0% | |
| Fund Family | First Trust Portfolios (US) | Advisors Asset Management, Inc. | |
| Category | Equity | Equity | |
| Inception | Feb 26, 2025 | Jul 30, 2024 |
FTKI vs SAWS Performance
First Trust Small Cap BuyWrite Income ETF (FTKI) is a ETF from First Trust Portfolios (US) and AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is a ETF from Advisors Asset Management, Inc.. Over the past year FTKI returned +23.96% while SAWS returned +25.78%. Year to date, FTKI is up 13.99% 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 10.3% for FTKI. 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 -15.2% for FTKI 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FTKI charges 0.85% per year while SAWS charges 0.55%. On a $10,000 position that is $85 vs $55 annually, a gap of $30 per year that compounds over a long holding period. On income, FTKI currently yields 12.53% against 0.02% for SAWS.
Holdings Overlap
FTKI and SAWS share 9 holdings out of 206 unique holdings combined, representing a 7.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FTKI | Weight in SAWS | Difference |
|---|---|---|---|
| IRMD | 0.24% | 3.48% | 3.24% |
| AROC | 0.58% | 2.66% | 2.08% |
| FCFS | 1.49% | 1.32% | 0.17% |
| MCRI | Pro | Pro | Pro |
| YOU | Pro | Pro | Pro |
| AIT | Pro | Pro | Pro |
| KAR | Pro | Pro | Pro |
| BFH | Pro | Pro | Pro |
| SKWD | Pro | Pro | Pro |
See all 9 holdings FTKI shares with SAWS Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FTKI or SAWS?
FTKI has an expense ratio of 0.85% while SAWS charges 0.55%. SAWS is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, FTKI or SAWS?
Over the past year FTKI returned +23.96% vs +25.78% for SAWS, so SAWS leads on 1-year performance. Over the longest common window we track (1 years), FTKI annualized +13.38% vs +13.57% for SAWS. Past performance does not guarantee future results.
Which is riskier, FTKI or SAWS?
SAWS has been the more volatile fund at 18.3% annualized versus 10.3% for FTKI. Worst drawdown: FTKI -15.2% vs SAWS -22.0%.
Should I hold both FTKI and SAWS?
FTKI and SAWS have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTKI and SAWS?
FTKI and SAWS share 9 common holdings with a 7.1% weight overlap. Combined, they hold 206 unique securities.
Which pays a higher dividend, FTKI or SAWS?
FTKI yields 12.53% while SAWS yields 0.02%, so FTKI currently pays the higher dividend yield.
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