ACSV vs. SMIG

Last updated Jun 4, 2026

ACSV (American Century Small Cap Value Insights ETF) and SMIG (Bahl & Gaynor Small/Mid Cap Income Growth ETF) are both Small Cap Value Equities funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. ACSV charges 0.49%/yr vs 0.60%/yr for SMIG.

Performance

ACSV vs. SMIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Small Cap Value Insights ETF (ACSV) and Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACSV achieves a 14.95% return, which is significantly higher than SMIG's 10.18% return.

ACSV

• 1D: -1.12%
• 1M: 1.83%
• YTD: 14.95%
• 6M: 14.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMIG

• 1D: -0.28%
• 1M: 1.31%
• YTD: 10.18%
• 6M: 11.46%
• 1Y: 11.81%
• 3Y*: 13.09%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACSV vs. SMIG - Yearly Performance Comparison

	2026 (YTD)	2025
ACSV American Century Small Cap Value Insights ETF	14.95%	2.82%
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF	10.18%	-0.12%

Correlation

The correlation between ACSV and SMIG is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 17, 2025	0.81

Return for Risk

ACSV vs. SMIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMIG

SMIG Risk / Return Rank: 27
SMIG Sharpe Ratio Rank: 27
SMIG Sortino Ratio Rank: 28
SMIG Omega Ratio Rank: 26
SMIG Calmar Ratio Rank: 29
SMIG Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACSV vs. SMIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Small Cap Value Insights ETF (ACSV) and Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ACSV	SMIG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.94	0.43	+1.50

Drawdowns

ACSV vs. SMIG - Drawdown Comparison

The maximum ACSV drawdown since its inception was -7.39%, smaller than the maximum SMIG drawdown of -19.65%. Use the drawdown chart below to compare losses from any high point for ACSV and SMIG.

Drawdown Indicators

	ACSV	SMIG	Difference
Max Drawdown Largest peak-to-trough decline	-7.39%	-19.65%	+12.26%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.52%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.23%	—
Current Drawdown Current decline from peak	-1.12%	-1.79%	+0.67%
Average Drawdown Average peak-to-trough decline	-1.82%	-6.55%	+4.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.27%	—

Volatility

Volatility by Period

	ACSV	SMIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	11.98%	+3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.92%	16.20%	-0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.92%	16.20%	-0.28%

ACSV vs. SMIG - Expense Ratio Comparison

ACSV has a 0.49% expense ratio, which is lower than SMIG's 0.60% expense ratio.

Dividends

ACSV vs. SMIG - Dividend Comparison

ACSV's dividend yield for the trailing twelve months is around 0.52%, less than SMIG's 1.75% yield.

Position	TTM	2025	2024	2023	2022	2021
ACSV American Century Small Cap Value Insights ETF	0.52%	0.43%	0.00%	0.00%	0.00%	0.00%
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF	1.75%	1.82%	1.75%	1.91%	2.00%	0.50%

Frequently Asked Questions

Can I hold both ACSV and SMIG in my portfolio?

ACSV and SMIG have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ACSV or SMIG?

On fees, ACSV is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ACSV or SMIG?

ACSV is cheaper with a 0.49% expense ratio, compared with 0.60% for SMIG.

Which ETF pays a higher dividend yield, ACSV or SMIG?

SMIG has the higher dividend yield at 1.75%, compared with 0.52% for ACSV.

What is the main difference between ACSV and SMIG?

They also come from different issuers: American Century and Bahl & Gaynor. Their fees differ too: 0.49% for ACSV and 0.60% for SMIG.