SAWS vs SCHQ

Quick Verdict

SCHQ has a lower expense ratio. SAWS delivered stronger 1-year returns. SCHQ offers more diversification with 98 holdings.

Lower Fees: SCHQHigher Returns: SAWSMore Diversified: SCHQ

Side-by-Side Comparison

MetricSAWSSCHQWinner
Expense Ratio0.55%0.03%
AUM$8M$806M
Dividend Yield0.02%4.73%
Holdings7298
YTD Return+15.60%-2.58%
1Y Return+18.20%-1.09%
3Y Return (annualized)-+0.30%
5Y Return (annualized)--6.94%
Volatility (annualized)18.4%13.5%
Max Drawdown-22.0%-46.7%
Fund FamilyAdvisors Asset Management, Inc.Charles Schwab Asset Management
CategoryEquityFixed Income
InceptionJul 30, 2024Oct 10, 2019

SAWS vs SCHQ Performance

AAM Sawgrass US Small Cap Quality Growth ETF (SAWS) is a ETF from Advisors Asset Management, Inc. and Schwab Long-Term US Treasury ETF (SCHQ) is a ETF from Charles Schwab Asset Management. Over the past year SAWS returned +18.20% while SCHQ returned -1.09%. Year to date, SAWS is up 15.60% versus a loss of 2.58% for SCHQ.

Risk: Volatility and Drawdowns

SAWS has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 13.5% for SCHQ. 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 -22.0% for SAWS and -46.7% for SCHQ. 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 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SAWS charges 0.55% per year while SCHQ charges 0.03%. On a $10,000 position that is $55 vs $3 annually, a gap of $52 per year that compounds over a long holding period. On income, SAWS currently yields 0.02% against 4.73% for SCHQ.

Frequently Asked Questions

Which is cheaper, SAWS or SCHQ?

SAWS has an expense ratio of 0.55% while SCHQ charges 0.03%. SCHQ is the cheaper option. On a $10,000 investment, that is $52 per year of difference.

Which performed better, SAWS or SCHQ?

Over the past year SAWS returned +18.20% vs -1.09% for SCHQ, so SAWS leads on 1-year performance. Over the longest common window we track (2 years), SAWS annualized +13.18% vs -4.40% for SCHQ. Past performance does not guarantee future results.

Which is riskier, SAWS or SCHQ?

SAWS has been the more volatile fund at 18.4% annualized versus 13.5% for SCHQ. Worst drawdown: SAWS -22.0% vs SCHQ -46.7%.

Should I hold both SAWS and SCHQ?

SAWS and SCHQ have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SAWS or SCHQ?

SAWS yields 0.02% while SCHQ yields 4.73%, so SCHQ currently pays the higher dividend yield.

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