CSB vs. SMCP

Last updated Jun 4, 2026

CSB (VictoryShares US Small Cap High Dividend Volatility Wtd ETF) and SMCP (AlphaMark Actively Managed Small Cap ETF) are both Small Cap Blend Equities funds - CSB tracks the Nasdaq Victory U.S. Small Cap High Dividend 100 Volatility Weighted Index while SMCP tracks the Actively Managed. Both are passively managed. At a 0.15 correlation, their price movements are largely independent. CSB charges 0.35%/yr vs 0.90%/yr for SMCP.

Performance

CSB vs. SMCP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB) and AlphaMark Actively Managed Small Cap ETF (SMCP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CSB

• 1D: -1.09%
• 1M: -1.58%
• YTD: 8.30%
• 6M: 7.74%
• 1Y: 17.95%
• 3Y*: 11.48%
• 5Y*: 3.65%
• 10Y*: 9.58%

SMCP

• 1D: -0.30%
• 1M: -25.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSB vs. SMCP - Yearly Performance Comparison

	2026 (YTD)
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF	-0.92%
SMCP AlphaMark Actively Managed Small Cap ETF	-25.99%

Correlation

The correlation between CSB and SMCP is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 9, 2026	0.15

CSB vs. SMCP - Sectors Allocation Comparison

Sectors	CSB	SMCP
Financial Services	26.5%	98.8%
Utilities	22.0%	3.0%
Consumer Cyclical	19.0%	7.3%
Energy	11.5%	7.6%
Industrials	8.5%	13.1%
Consumer Defensive	4.4%	8.1%
Communication Services	3.6%	4.0%
Basic Materials	3.4%	7.9%
Technology	1.2%	11.1%
Healthcare	0.4%	11.0%
Real Estate	-	3.1%

Return for Risk

CSB vs. SMCP — Risk / Return Rank

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

CSB

CSB Risk / Return Rank: 40
CSB Sharpe Ratio Rank: 35
CSB Sortino Ratio Rank: 36
CSB Omega Ratio Rank: 33
CSB Calmar Ratio Rank: 51
CSB Martin Ratio Rank: 44

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.

CSB vs. SMCP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares US Small Cap High Dividend Volatility Wtd ETF (CSB) and AlphaMark Actively Managed Small Cap ETF (SMCP). 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.

	CSB	SMCP	Difference
Sharpe ratio Return per unit of total volatility	1.25	—	—
Sortino ratio Return per unit of downside risk	1.92	—	—
Omega ratio Gain probability vs. loss probability	1.22	—	—
Calmar ratio Return relative to maximum drawdown	2.51	—	—
Martin ratio Return relative to average drawdown	7.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CSB	SMCP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	-1.43	+1.88

Drawdowns

CSB vs. SMCP - Drawdown Comparison

The maximum CSB drawdown since its inception was -42.07%, which is greater than SMCP's maximum drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for CSB and SMCP.

Drawdown Indicators

	CSB	SMCP	Difference
Max Drawdown Largest peak-to-trough decline	-42.07%	-27.86%	-14.21%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.07%	—	—
Current Drawdown Current decline from peak	-3.12%	-25.99%	+22.87%
Average Drawdown Average peak-to-trough decline	-7.14%	-5.33%	-1.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.48%	—	—

Volatility

Volatility by Period

	CSB	SMCP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.54%	43.62%	-29.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.78%	43.62%	-24.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.31%	43.62%	-22.31%

CSB vs. SMCP - Expense Ratio Comparison

CSB has a 0.35% expense ratio, which is lower than SMCP's 0.90% expense ratio.

Dividends

CSB vs. SMCP - Dividend Comparison

CSB's dividend yield for the trailing twelve months is around 3.26%, while SMCP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSB VictoryShares US Small Cap High Dividend Volatility Wtd ETF	3.26%	3.54%	3.12%	3.45%	3.60%	3.11%	3.70%	3.19%	3.45%	3.19%	2.85%	1.57%
SMCP AlphaMark Actively Managed Small Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CSB and SMCP in my portfolio?

CSB and SMCP have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CSB or SMCP?

On fees, CSB is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CSB or SMCP?

CSB is cheaper with a 0.35% expense ratio, compared with 0.90% for SMCP.

Which ETF pays a higher dividend yield, CSB or SMCP?

CSB has the higher dividend yield at 3.26%, compared with 0.00% for SMCP.

What is the main difference between CSB and SMCP?

CSB tracks Nasdaq Victory U.S. Small Cap High Dividend 100 Volatility Weighted Index, while SMCP tracks Actively Managed. They also come from different issuers: Crestview and AlphaMark Advisors. Their fees differ too: 0.35% for CSB and 0.90% for SMCP.