CALF vs. BSVO

Last updated Jul 14, 2026

CALF (Pacer US Small Cap Cash Cows ETF) and BSVO (EA Bridgeway Omni Small-Cap Value ETF) are both Small Cap Value Equities funds. CALF is passively managed, while BSVO is actively managed. Over the past 3 years, CALF returned 9.15%/yr vs 18.45%/yr for BSVO. Their correlation of 0.88 suggests significant overlap in exposure. CALF charges 0.59%/yr vs 0.47%/yr for BSVO.

Performance

CALF vs. BSVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer US Small Cap Cash Cows ETF (CALF) and EA Bridgeway Omni Small-Cap Value ETF (BSVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CALF achieves a 17.73% return, which is significantly lower than BSVO's 24.64% return.

CALF

• 1D: 0.69%
• 1M: 3.18%
• 6M: 14.07%
• YTD: 17.73%
• 1Y: 28.04%
• 3Y*: 9.15%
• 5Y*: 5.43%
• 10Y*: —

BSVO

• 1D: 0.17%
• 1M: 0.29%
• 6M: 18.52%
• YTD: 24.64%
• 1Y: 37.45%
• 3Y*: 18.45%
• 5Y*: —
• 10Y*: —

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

CALF vs. BSVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CALF Pacer US Small Cap Cash Cows ETF	17.73%	2.33%	-7.41%	29.21%
BSVO EA Bridgeway Omni Small-Cap Value ETF	24.64%	9.21%	4.68%	21.95%

Correlation

The correlation between CALF and BSVO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since Mar 13, 2023	0.88

The correlation between CALF and BSVO shifts across timeframes, from 0.77 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

CALF vs. BSVO - Sectors Allocation Comparison

Sectors	CALF	BSVO
Technology	32.4%	5.6%
Consumer Cyclical	28.5%	15.5%
Healthcare	9.7%	3.9%
Energy	8.9%	11.6%
Communication Services	8.3%	4.3%
Industrials	5.4%	13.6%
Consumer Defensive	3.6%	4.4%
Basic Materials	1.6%	4.7%
Real Estate	1.5%	0.8%
Financial Services	0.2%	35.6%
Utilities	-	-

Return for Risk

CALF vs. BSVO — Risk / Return Rank

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

CALF

CALF Risk / Return Rank: 76
CALF Sharpe Ratio Rank: 69
CALF Sortino Ratio Rank: 71
CALF Omega Ratio Rank: 66
CALF Calmar Ratio Rank: 91
CALF Martin Ratio Rank: 82

BSVO

BSVO Risk / Return Rank: 82
BSVO Sharpe Ratio Rank: 80
BSVO Sortino Ratio Rank: 82
BSVO Omega Ratio Rank: 77
BSVO Calmar Ratio Rank: 91
BSVO Martin Ratio Rank: 83

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.

CALF vs. BSVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer US Small Cap Cash Cows ETF (CALF) and EA Bridgeway Omni Small-Cap Value ETF (BSVO). 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.

	CALF	BSVO	Difference
Sharpe ratio: Return per unit of total volatility	1.77	2.03	-0.26
Sortino ratio: Return per unit of downside risk	2.58	2.90	-0.33
Omega ratio: Gain probability vs. loss probability	1.31	1.36	-0.04
Calmar ratio: Return relative to maximum drawdown	4.58	4.53	+0.06
Martin ratio: Return relative to average drawdown	12.58	12.91	-0.33

CALF vs. BSVO - Sharpe Ratio Comparison

The current CALF Sharpe Ratio is 1.77, which is comparable to the BSVO Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of CALF and BSVO, 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

CALF vs. BSVO - Drawdown Comparison

The maximum CALF drawdown since its inception was -47.58%, which is greater than BSVO's maximum drawdown of -28.67%. Use the drawdown chart below to compare losses from any high point for CALF and BSVO.

Drawdown Indicators

	CALF	BSVO	Difference
Max Drawdown Largest peak-to-trough decline	-47.58%	-28.67%	-18.91%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-8.31%	+2.16%
Max Drawdown (3Y) Largest decline over 3 years	-34.22%	-28.67%	-5.55%
Max Drawdown (5Y) Largest decline over 5 years	-34.22%	—	—
Current Drawdown Current decline from peak	0.00%	-0.51%	+0.51%
Average Drawdown Average peak-to-trough decline	-10.63%	-5.58%	-5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	2.91%	-0.67%

Volatility

CALF vs. BSVO - Volatility Comparison

Pacer US Small Cap Cash Cows ETF (CALF) has a higher volatility of 4.71% compared to EA Bridgeway Omni Small-Cap Value ETF (BSVO) at 4.05%. This indicates that CALF's price experiences larger fluctuations and is considered to be riskier than BSVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CALF	BSVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.71%	4.05%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	11.17%	12.02%	-0.85%
Volatility (1Y) Calculated over the trailing 1-year period	15.94%	18.59%	-2.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.29%	21.52%	+1.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.92%	21.52%	+4.40%

CALF vs. BSVO - Expense Ratio Comparison

CALF has a 0.59% expense ratio, which is higher than BSVO's 0.47% expense ratio.

Dividends

CALF vs. BSVO - Dividend Comparison

CALF's dividend yield for the trailing twelve months is around 1.17%, less than BSVO's 1.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSVO EA Bridgeway Omni Small-Cap Value ETF	1.22%	1.52%	1.61%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CALF Pacer US Small Cap Cash Cows ETF	1.17%	1.43%	1.07%	1.18%	0.85%	2.63%	0.82%	0.99%	1.39%	0.70%

Frequently Asked Questions

Can I hold both CALF and BSVO in my portfolio?

CALF and BSVO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CALF or BSVO?

CALF has higher volatility (4.71%) compared to BSVO (4.05%). In terms of maximum drawdown, CALF dropped -47.58% vs BSVO's -28.67%.

Which ETF is better, CALF or BSVO?

On 3-year performance, BSVO leads with 18.45% vs 9.15% for CALF. On fees, BSVO is cheaper at 0.47% per year. On volatility, BSVO has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CALF or BSVO?

Over the 3-year period, BSVO has performed better with a 18.45% return vs 9.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CALF or BSVO?

BSVO is cheaper with a 0.47% expense ratio, compared with 0.59% for CALF.

Which ETF pays a higher dividend yield, CALF or BSVO?

BSVO has the higher dividend yield at 1.22%, compared with 1.17% for CALF.

What is the main difference between CALF and BSVO?

They also come from different issuers: Pacer and Bridgeway. Their fees differ too: 0.59% for CALF and 0.47% for BSVO.

Which has better risk-adjusted returns?

BSVO currently has the higher Sharpe Ratio (2.03 vs 1.77), 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.