FORH vs SAEF
Formidable ETF vs Schwab Ariel Opportunities ETF
Which is better, FORH or SAEF?
Each has led over a different period.
SAEF has a lower expense ratio. FORH led over the full window, SAEF over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FORH | SAEF |
|---|---|---|
| Expense Ratio | 1.19% | 0.59%Best |
| AUM | $19M | $19M |
| Dividend Yield | 1.86% | 0.33% |
| Holdings | 129 | 59 |
| Volatility (annualized) | 13.7%Best | 24.6% |
| Max Drawdown | -20.7%Best | -28.1% |
| $10,000 over 4.7 years | $10,290Best | $9,883 |
| Fund Family | Formidable Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Apr 29, 2021 | Nov 15, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 90 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. FORH has data through Oct 15, 2026 and SAEF through Jul 17, 2026.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Nov 16, 2021 to Jul 17, 2026 (4.7 years).
Risk: Volatility and Drawdowns
SAEF has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 13.7% for FORH. 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 -20.7% for FORH and -28.1% for SAEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FORH charges 1.19% per year while SAEF charges 0.59%. On a $10,000 position that is $119 vs $59 annually, a gap of $60 per year that compounds over a long holding period. On income, FORH currently yields 1.86% against 0.33% for SAEF.
Holdings Overlap
At least 6.0% of SAEF's money is in holdings FORH also owns.
Stated as a floor: for FORH, our book for it covers 83.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SAEF and FORH share little of their money.
The two holdings books were reported 168 days apart, FORH as of Sep 15, 2026 and SAEF as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 38 positions we hold weights for in FORH and 58 in SAEF, against full books of 129 and 59.
You are not choosing between two funds in isolation.
Whichever of FORH and SAEF you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FORH or SAEF?
FORH has an expense ratio of 1.19% while SAEF charges 0.59%. SAEF is the cheaper option, by $60 a year on a $10,000 investment.
Which is riskier, FORH or SAEF?
SAEF has been the more volatile fund at 24.6% annualized versus 13.7% for FORH. Worst drawdown: FORH -20.7% vs SAEF -28.1%.
Should I hold both FORH and SAEF?
FORH and SAEF have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FORH and SAEF?
At least 6.0% of SAEF's money is in holdings FORH also owns. Our book for FORH is partial, so the real figure is this or higher. They hold 3 positions in common, counted across the 38 positions we hold weights for in FORH and 58 in SAEF.
Which pays a higher dividend, FORH or SAEF?
FORH yields 1.86% while SAEF yields 0.33%, so FORH currently pays the higher dividend yield.
Is SAEF better than FORH?
SAEF has a lower expense ratio. FORH led over the full window, SAEF over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.