HFXI vs SAWS
NYLI FTSE International Equity Currency Neutral ETF vs AAM Sawgrass US Small Cap Quality Growth ETF
Quick Verdict
HFXI has a lower expense ratio. HFXI delivered stronger 1-year returns. HFXI offers more diversification with 876 holdings.
Side-by-Side Comparison
| Metric | HFXI | SAWS | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.55% | |
| AUM | $2.1B | $8M | |
| Dividend Yield | 3.39% | 0.02% | |
| Holdings | 876 | 72 | |
| YTD Return | +16.53% | +11.77% | |
| 1Y Return | +28.65% | +16.68% | |
| 3Y Return (annualized) | +21.38% | - | |
| 5Y Return (annualized) | +12.45% | - | |
| Volatility (annualized) | 13.8% | 18.6% | |
| Max Drawdown | -34.2% | -22.0% | |
| Fund Family | INDEXIQ ETF TRUST | Advisors Asset Management, Inc. | |
| Category | Equity | Equity | |
| Inception | Jul 22, 2015 | Jul 30, 2024 |
HFXI vs SAWS Performance
NYLI FTSE International Equity Currency Neutral ETF (HFXI) is a ETF from INDEXIQ ETF TRUST and AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is a ETF from Advisors Asset Management, Inc.. Over the past year HFXI returned +28.65% while SAWS returned +16.68%. Year to date, HFXI is up 16.53% versus a gain of 11.77% for SAWS.
Risk: Volatility and Drawdowns
SAWS has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 13.8% for HFXI. 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 -34.2% for HFXI 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HFXI charges 0.20% per year while SAWS charges 0.55%. On a $10,000 position that is $20 vs $55 annually, a gap of $35 per year that compounds over a long holding period. On income, HFXI currently yields 3.39% against 0.02% for SAWS.
Holdings Overlap
HFXI and SAWS share 0 holdings out of 815 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, HFXI or SAWS?
HFXI has an expense ratio of 0.20% while SAWS charges 0.55%. HFXI is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, HFXI or SAWS?
Over the past year HFXI returned +28.65% vs +16.68% for SAWS, so HFXI leads on 1-year performance. Over the longest common window we track (2 years), HFXI annualized +7.86% vs +11.20% for SAWS. Past performance does not guarantee future results.
Which is riskier, HFXI or SAWS?
SAWS has been the more volatile fund at 18.6% annualized versus 13.8% for HFXI. Worst drawdown: HFXI -34.2% vs SAWS -22.0%.
Should I hold both HFXI and SAWS?
HFXI and SAWS have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HFXI and SAWS?
HFXI and SAWS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 815 unique securities.
Which pays a higher dividend, HFXI or SAWS?
HFXI yields 3.39% while SAWS yields 0.02%, so HFXI 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.