CSMD vs. KMID

Last updated Jun 4, 2026

CSMD (Congress SMID Growth ETF) and KMID (Virtus KAR Mid-Cap ETF) are both Mid Cap Growth Equities funds. Both are actively managed. Over the past year, CSMD returned 14.97% vs 0.73% for KMID. A 0.79 correlation means they provide meaningful diversification when combined. CSMD charges 0.68%/yr vs 0.80%/yr for KMID.

Performance

CSMD vs. KMID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Congress SMID Growth ETF (CSMD) and Virtus KAR Mid-Cap ETF (KMID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSMD achieves a 10.72% return, which is significantly higher than KMID's 1.86% return.

CSMD

• 1D: 0.29%
• 1M: 7.59%
• YTD: 10.72%
• 6M: 8.83%
• 1Y: 14.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KMID

• 1D: 0.52%
• 1M: 0.10%
• YTD: 1.86%
• 6M: 1.78%
• 1Y: 0.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CSMD vs. KMID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CSMD Congress SMID Growth ETF	10.72%	5.68%	-0.81%
KMID Virtus KAR Mid-Cap ETF	1.86%	0.31%	-2.93%

Correlation

The correlation between CSMD and KMID is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Oct 17, 2024	0.79

The correlation between CSMD and KMID has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.

CSMD vs. KMID - Sectors Allocation Comparison

Sectors	CSMD	KMID
Industrials	31.1%	49.3%
Technology	25.3%	19.1%
Healthcare	14.6%	10.8%
Consumer Cyclical	8.7%	8.8%
Consumer Defensive	6.8%	-
Financial Services	3.7%	12.1%
Energy	3.6%	-
Basic Materials	2.0%	-
Real Estate	1.6%	-
Communication Services	-	-
Utilities	-	-

Return for Risk

CSMD vs. KMID — Risk / Return Rank

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

CSMD

CSMD Risk / Return Rank: 24
CSMD Sharpe Ratio Rank: 24
CSMD Sortino Ratio Rank: 24
CSMD Omega Ratio Rank: 23
CSMD Calmar Ratio Rank: 23
CSMD Martin Ratio Rank: 24

KMID

KMID Risk / Return Rank: 10
KMID Sharpe Ratio Rank: 10
KMID Sortino Ratio Rank: 9
KMID Omega Ratio Rank: 9
KMID Calmar Ratio Rank: 10
KMID Martin Ratio Rank: 10

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.

CSMD vs. KMID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Congress SMID Growth ETF (CSMD) and Virtus KAR Mid-Cap ETF (KMID). 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.

	CSMD	KMID	Difference
Sharpe ratio: Return per unit of total volatility	0.79	0.05	+0.74
Sortino ratio: Return per unit of downside risk	1.24	0.18	+1.06
Omega ratio: Gain probability vs. loss probability	1.15	1.02	+0.13
Calmar ratio: Return relative to maximum drawdown	1.02	0.07	+0.95
Martin ratio: Return relative to average drawdown	3.09	0.17	+2.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSMD vs. KMID - Sharpe Ratio Comparison

The current CSMD Sharpe Ratio is 0.79, which is higher than the KMID Sharpe Ratio of 0.05. The chart below compares the historical Sharpe Ratios of CSMD and KMID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CSMD	KMID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	0.05	+0.74
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	-0.03	+0.69

Drawdowns

CSMD vs. KMID - Drawdown Comparison

The maximum CSMD drawdown since its inception was -22.54%, which is greater than KMID's maximum drawdown of -18.89%. Use the drawdown chart below to compare losses from any high point for CSMD and KMID.

Drawdown Indicators

	CSMD	KMID	Difference
Max Drawdown Largest peak-to-trough decline	-22.54%	-18.89%	-3.65%
Max Drawdown (1Y) Largest decline over 1 year	-14.79%	-10.71%	-4.08%
Current Drawdown Current decline from peak	0.00%	-5.28%	+5.28%
Average Drawdown Average peak-to-trough decline	-4.75%	-5.77%	+1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.85%	4.27%	+0.58%

Volatility

CSMD vs. KMID - Volatility Comparison

Congress SMID Growth ETF (CSMD) has a higher volatility of 6.03% compared to Virtus KAR Mid-Cap ETF (KMID) at 3.78%. This indicates that CSMD's price experiences larger fluctuations and is considered to be riskier than KMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSMD	KMID	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.03%	3.78%	+2.25%
Volatility (6M) Calculated over the trailing 6-month period	14.45%	11.17%	+3.28%
Volatility (1Y) Calculated over the trailing 1-year period	18.97%	14.34%	+4.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.77%	16.91%	+2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.77%	16.91%	+2.86%

CSMD vs. KMID - Expense Ratio Comparison

CSMD has a 0.68% expense ratio, which is lower than KMID's 0.80% expense ratio.

Dividends

CSMD vs. KMID - Dividend Comparison

CSMD has not paid dividends to shareholders, while KMID's dividend yield for the trailing twelve months is around 0.11%.

Position	TTM	2025	2024	2023
CSMD Congress SMID Growth ETF	0.00%	0.00%	0.40%	0.02%
KMID Virtus KAR Mid-Cap ETF	0.11%	0.06%	0.05%	0.00%

Frequently Asked Questions

Can I hold both CSMD and KMID in my portfolio?

CSMD and KMID have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSMD or KMID?

CSMD has higher volatility (6.03%) compared to KMID (3.78%). In terms of maximum drawdown, CSMD dropped -22.54% vs KMID's -18.89%.

Which ETF is better, CSMD or KMID?

On 1-year performance, CSMD leads with 14.97% vs 0.73% for KMID. On fees, CSMD is cheaper at 0.68% per year. On volatility, KMID has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSMD or KMID?

Over the 1-year period, CSMD has performed better with a 14.97% return vs 0.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSMD or KMID?

CSMD is cheaper with a 0.68% expense ratio, compared with 0.80% for KMID.

Which ETF pays a higher dividend yield, CSMD or KMID?

KMID has the higher dividend yield at 0.11%, compared with 0.00% for CSMD.

What is the main difference between CSMD and KMID?

They also come from different issuers: Congress and Virtus. Their fees differ too: 0.68% for CSMD and 0.80% for KMID.

Which has better risk-adjusted returns?

CSMD currently has the higher Sharpe Ratio (0.79 vs 0.05), 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.