AAM Sawgrass U.S. Small Cap Quality Growth ETF
$23.04−0.10 (−0.43%)
- Expense ratio
- 0.55%
- Fund size
- $8M
- 1Y return
- +8.6%
- Yield · Last 12 months
- 0.02%
- Holdings
- 74
- Volume · 30D
- 0M sh
- NAV per share
- $22.90
- 52W range
The ETF.net SAWS Grade
Score 39 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E. A structural cap ceilings this fund at 40, so B and A are out of reach.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 55Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 30Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 21Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 25Category rank
Our read on SAWS
DMost small-cap funds are built to chase the upside. SAWS writes the other half into its mandate: the prospectus objective names downside protection and low standard deviation alongside growth, pursued through an active, multi-screen model.
The Fund seeks risk-adjusted returns, upside participation, downside protection, low standard deviation, and long-term capital appreciation.
Why people hold it
- The mandate is unusually specific for a small-cap fund: risk-adjusted returns, upside participation, downside protection and low standard deviation, and the portfolio has tracked that description closely.
- Five screens stacked into one small-cap sleeve: quality, profitability, value, momentum and low volatility, blended by a proprietary model rather than an off-the-shelf index.
- At 0.55% a year, active stock selection priced close to the middle of the active small-cap field rather than at a premium to it.
Worth knowing
- A small fund that trades lightly. Bid-ask spreads can be wide, and that cost lands in your fill price, most visibly on bigger orders.
- Launched in 2024, so the record is short and covers one market regime. No full drawdown cycle yet to test the downside-protection half of the mandate.
- Bigger systematic rivals such as AVUV, AVSC and DUHP charge 0.20% to 0.29% and stand higher in the cohort; SAWS sits in the lower half of its peer group.
SAWS Holdings
- Stocks
- 74
- 29%
- SNEX
Geography
- United States99.05%
- Canada0.95%
SAWS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SAWS |
|---|---|
| Year to date | +9.6% |
| 1 month | −2.9% |
| 3 months | −9.1% |
| 1 year | +8.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SAWS |
|---|---|---|
| 2026 YTD | +9.6% | |
| 2025 | +7.3% | |
| 2024 | +3.5% |
SAWS in the news
ETF.net Research hasn’t filed on SAWS yet — coverage lands here as it’s written.
SAWS Dividends
- 0.02%
- $0.0045
- $0.0045 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 31, 2025 | Jan 5, 2026 | $0.0045 |
| Dec 31, 2024 | Jan 3, 2025 | $0.0065 |
SAWS Risk
- 18.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.40
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.85
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SAWS Cost
- The middle half of US Active Small-Cap funds
- Median 0.55%
17 of the 39 US Active Small-Cap funds charge less.