INNO vs SGDM
Harbor Disruptive Innovation ETF vs Sprott Gold Miners ETF
Which is better, INNO or SGDM?
INNO has been ahead.
SGDM has a lower expense ratio. INNO led over 1Y and the full window.
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 | INNO | SGDM |
|---|---|---|
| Expense Ratio | 0.75% | 0.46%Best |
| AUM | $3M | $645M |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 71 | 50 |
| Volatility (annualized) | 26.2%Best | 30.3% |
| Max Drawdown | -49.9% | -45.1%Best |
| $10,000 over 3 years | $14,076Best | $11,766 |
| Fund Family | Harbor Funds | Sprott ETFS |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Dec 1, 2021 | Jul 14, 2014 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 670 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. INNO has data through Dec 13, 2024 and SGDM through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Dec 1, 2021 to Dec 13, 2024 (3 years).
Risk: Volatility and Drawdowns
SGDM has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 26.2% for INNO. 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 -49.9% for INNO and -45.1% for SGDM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
INNO charges 0.75% per year while SGDM charges 0.46%. On a $10,000 position that is $75 vs $46 annually, a gap of $29 per year that compounds over a long holding period. On income, INNO currently yields 0.00% against 0.98% for SGDM.
You are not choosing between two funds in isolation.
Whichever of INNO and SGDM 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, INNO or SGDM?
INNO has an expense ratio of 0.75% while SGDM charges 0.46%. SGDM is the cheaper option, by $29 a year on a $10,000 investment.
Which is riskier, INNO or SGDM?
SGDM has been the more volatile fund at 30.3% annualized versus 26.2% for INNO. Worst drawdown: INNO -49.9% vs SGDM -45.1%.
Should I hold both INNO and SGDM?
INNO and SGDM have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, INNO or SGDM?
INNO yields 0.00% while SGDM yields 0.98%, so SGDM currently pays the higher dividend yield.
Is SGDM better than INNO?
SGDM has a lower expense ratio. INNO led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.