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KAT vs SPDF

Scharf ETF vs Defender Risk Adaptive 500 ETF

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

SPDF

Defender Risk Adaptive 500 ETF

Tamarisk Capital Management LLC

Annual cost

0.69%

Fund size

$5M

Key differences

  • SPDF costs 0.06% less per year.
  • KAT is significantly larger than SPDF — larger funds tend to be more liquid and less likely to close.
  • KAT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

KATSPDF
Annual cost (TER)0.75%0.69%
Fund size (AUM)$688M$5M
Since20112026
Dividend yield0.39%
Asset classequityequity
Regionnorth america
Strategyactive selectionactive selection
CAGR 1YN/AN/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y
Max drawdown-9.25%-1.90%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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