AVUV vs. SMCF

Last updated Jun 25, 2026

AVUV (Avantis US Small Cap Value ETF) and SMCF (Themes US Small Cap Cash Flow Champions ETF) are both Small Cap Value Equities funds. AVUV is actively managed, while SMCF is passively managed. Over the past year, AVUV returned 38.52% vs 31.69% for SMCF. Their correlation of 0.92 suggests significant overlap in exposure. AVUV charges 0.25%/yr vs 0.29%/yr for SMCF.

Performance

AVUV vs. SMCF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis US Small Cap Value ETF (AVUV) and Themes US Small Cap Cash Flow Champions ETF (SMCF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVUV achieves a 21.53% return, which is significantly higher than SMCF's 16.96% return.

AVUV

• 1D: 0.65%
• 1M: 2.99%
• YTD: 21.53%
• 6M: 19.38%
• 1Y: 38.52%
• 3Y*: 20.29%
• 5Y*: 11.66%
• 10Y*: —

SMCF

• 1D: -0.08%
• 1M: 1.52%
• YTD: 16.96%
• 6M: 14.38%
• 1Y: 31.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVUV vs. SMCF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AVUV Avantis US Small Cap Value ETF	21.53%	7.44%	9.28%	8.52%
SMCF Themes US Small Cap Cash Flow Champions ETF	16.96%	9.56%	16.30%	7.07%

Correlation

The correlation between AVUV and SMCF is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.92

The correlation between AVUV and SMCF has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

AVUV vs. SMCF - Sectors Allocation Comparison

Sectors	AVUV	SMCF
Financial Services	26.1%	48.8%
Consumer Cyclical	18.7%	3.1%
Energy	15.8%	17.1%
Industrials	13.6%	9.1%
Technology	7.4%	13.0%
Basic Materials	5.1%	0.7%
Healthcare	4.8%	4.8%
Consumer Defensive	4.7%	1.3%
Communication Services	3.1%	1.6%
Real Estate	0.7%	0.5%
Utilities	0.1%	-

Return for Risk

AVUV vs. SMCF — Risk / Return Rank

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

AVUV

AVUV Risk / Return Rank: 79
AVUV Sharpe Ratio Rank: 77
AVUV Sortino Ratio Rank: 79
AVUV Omega Ratio Rank: 71
AVUV Calmar Ratio Rank: 89
AVUV Martin Ratio Rank: 81

SMCF

SMCF Risk / Return Rank: 74
SMCF Sharpe Ratio Rank: 70
SMCF Sortino Ratio Rank: 72
SMCF Omega Ratio Rank: 67
SMCF Calmar Ratio Rank: 88
SMCF Martin Ratio Rank: 73

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.

AVUV vs. SMCF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis US Small Cap Value ETF (AVUV) and Themes US Small Cap Cash Flow Champions ETF (SMCF). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVUV	SMCF	Difference
Sharpe ratio: Return per unit of total volatility	2.20	1.98	+0.22
Sortino ratio: Return per unit of downside risk	3.14	2.86	+0.28
Omega ratio: Gain probability vs. loss probability	1.38	1.35	+0.03
Calmar ratio: Return relative to maximum drawdown	4.87	4.47	+0.40
Martin ratio: Return relative to average drawdown	14.43	11.95	+2.48

AVUV vs. SMCF - Sharpe Ratio Comparison

The current AVUV Sharpe Ratio is 2.20, which is comparable to the SMCF Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of AVUV and SMCF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVUV vs. SMCF - Drawdown Comparison

The maximum AVUV drawdown since its inception was -49.42%, which is greater than SMCF's maximum drawdown of -28.48%. Use the drawdown chart below to compare losses from any high point for AVUV and SMCF.

Drawdown Indicators

	AVUV	SMCF	Difference
Max Drawdown Largest peak-to-trough decline	-49.42%	-28.48%	-20.94%
Max Drawdown (1Y) Largest decline over 1 year	-7.95%	-7.13%	-0.82%
Max Drawdown (3Y) Largest decline over 3 years	-28.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.79%	—	—
Current Drawdown Current decline from peak	-0.97%	-0.08%	-0.89%
Average Drawdown Average peak-to-trough decline	-7.89%	-5.19%	-2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.66%	+0.02%

Volatility

AVUV vs. SMCF - Volatility Comparison

Avantis US Small Cap Value ETF (AVUV) has a higher volatility of 4.28% compared to Themes US Small Cap Cash Flow Champions ETF (SMCF) at 3.22%. This indicates that AVUV's price experiences larger fluctuations and is considered to be riskier than SMCF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVUV	SMCF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.28%	3.22%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	11.40%	9.86%	+1.54%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	16.09%	+1.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.64%	20.19%	+2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.21%	20.19%	+8.02%

AVUV vs. SMCF - Expense Ratio Comparison

AVUV has a 0.25% expense ratio, which is lower than SMCF's 0.29% expense ratio.

Dividends

AVUV vs. SMCF - Dividend Comparison

AVUV's dividend yield for the trailing twelve months is around 1.27%, less than SMCF's 3.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVUV Avantis US Small Cap Value ETF	1.27%	1.58%	1.61%	1.65%	1.74%	1.28%	1.21%	0.38%
SMCF Themes US Small Cap Cash Flow Champions ETF	3.34%	3.91%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVUV and SMCF in my portfolio?

AVUV and SMCF have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVUV or SMCF?

AVUV has higher volatility (4.28%) compared to SMCF (3.22%). In terms of maximum drawdown, AVUV dropped -49.42% vs SMCF's -28.48%.

Which ETF is better, AVUV or SMCF?

On 1-year performance, AVUV leads with 38.52% vs 31.69% for SMCF. On fees, AVUV is cheaper at 0.25% per year. On volatility, SMCF has been the lower-risk option at 3.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVUV or SMCF?

Over the 1-year period, AVUV has performed better with a 38.52% return vs 31.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVUV or SMCF?

AVUV is cheaper with a 0.25% expense ratio, compared with 0.29% for SMCF.

Which ETF pays a higher dividend yield, AVUV or SMCF?

SMCF has the higher dividend yield at 3.34%, compared with 1.27% for AVUV.

What is the main difference between AVUV and SMCF?

They also come from different issuers: Avantis and Themes. Their fees differ too: 0.25% for AVUV and 0.29% for SMCF.

Which has better risk-adjusted returns?

AVUV currently has the higher Sharpe Ratio (2.20 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.