AAM Sawgrass U.S. Small Cap Quality Growth ETF (SAWS) Performance
SAWS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +4.4% since Dec 31, 2025
- 1 year
- +3.5% total return
- Since first price
- +15.9% since 2024
SAWS trailing returns vs SPY, QQQ, AGG
| Period | SAWS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −4.3% | −4.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −10.7% | −10.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −5.6% | −5.6% | +7.8% | +8.4% | −1.5% |
| YTD | +4.4% | +4.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.5% | +3.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionJul 31, 2024 | +15.9% | +15.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SAWS vs SPY
From Jul 31, 2024: SAWS grew to $11,589, SPY to $14,159.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SAWS returns by calendar year
1 of 1 full years positive. Best 2025 (+7.3%), worst 2025 (+7.3%). 2026 is year to date.
SAWS annual returns table
| Year | SAWS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +4.4% | −15.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.3% | −18.3% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SAWS largest drawdowns
Now 15.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 11, 2024 | −22.0% | Apr 8, 2025 | Dec 11, 2025 | 5 months | 1.1 years |
| Jun 30, 2026 | −15.4% | Oct 23, 2026 | not yet | 4 months | 4 months so far |
| Feb 26, 2026 | −10.2% | Mar 30, 2026 | Apr 17, 2026 | 32 days | 50 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SAWS risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +8.9% |
| Volatility (annualized) | 17.7% |
| Sharpe ratio | 0.34 |
| Sortino ratio | 0.57 |
| Best month | +12.1% |
| Worst month | −8.3% |
| Best 12 months | +32.4% |
| Worst 12 months | −2.6% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SAWS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 16 | −2.6% | +8.8% | +32.4% | 94% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SAWS performance overview
AAM Sawgrass U.S. Small Cap Quality Growth ETF (SAWS) returned +3.5% over the past year, with distributions reinvested. Since its first recorded price on Jul 31, 2024 it has returned +15.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −22.0%, from Nov 11, 2024 to Apr 8, 2025, and it took 8 months to get back to the old high. Volatility has been 17.7% a year.
Related: SAWS chart, SAWS holdings, SAWS dividends, SAWS valuation. See the SAWS overview for the latest quote and fund facts.
SAWS performance FAQ
What is the SAWS return over the past year?
SAWS returned +3.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 3.5%.
How much would $10,000 invested in SAWS be worth?
$10,000 invested in SAWS at its first recorded close on July 31, 2024 would be worth about $11,589 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SAWS?
The largest peak-to-trough decline was −22.0% between November 11, 2024 and April 8, 2025. It recovered to the old high on December 11, 2025, 8 months after the bottom.
How volatile is SAWS?
Over the past history SAWS had an annualized volatility of 17.7% and a Sharpe ratio of 0.34 (excess return over 1–3 month T-bills per unit of risk).