DBSC vs. CALF

Last updated Jun 24, 2026

DBSC (Deepwater Beachfront Small Cap ETF) and CALF (Pacer US Small Cap Cash Cows 100 ETF) are both Small Cap Blend Equities funds. DBSC is actively managed, while CALF is passively managed. At a 0.48 correlation, their price movements are largely independent. DBSC charges 0.85%/yr vs 0.59%/yr for CALF.

Performance

DBSC vs. CALF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Deepwater Beachfront Small Cap ETF (DBSC) and Pacer US Small Cap Cash Cows 100 ETF (CALF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DBSC achieves a 5.96% return, which is significantly lower than CALF's 10.96% return.

DBSC

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.96%
• 6M: 3.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CALF

• 1D: 0.34%
• 1M: 0.78%
• YTD: 10.96%
• 6M: 9.95%
• 1Y: 26.19%
• 3Y*: 9.45%
• 5Y*: 3.49%
• 10Y*: —

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

DBSC vs. CALF - Yearly Performance Comparison

	2026 (YTD)	2025
DBSC Deepwater Beachfront Small Cap ETF	5.96%	-0.86%
CALF Pacer US Small Cap Cash Cows 100 ETF	10.96%	-1.68%

Correlation

The correlation between DBSC and CALF is 0.48, 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 Dec 16, 2025	0.48

Return for Risk

DBSC vs. CALF — Risk / Return Rank

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

DBSC

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

CALF

CALF Risk / Return Rank: 60
CALF Sharpe Ratio Rank: 50
CALF Sortino Ratio Rank: 52
CALF Omega Ratio Rank: 47
CALF Calmar Ratio Rank: 83
CALF Martin Ratio Rank: 67

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.

DBSC vs. CALF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Deepwater Beachfront Small Cap ETF (DBSC) and Pacer US Small Cap Cash Cows 100 ETF (CALF). 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.

	DBSC	CALF	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.40	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	4.28	—
Martin ratio: Return relative to average drawdown	—	11.68	—

Drawdowns

DBSC vs. CALF - Drawdown Comparison

The maximum DBSC drawdown since its inception was -16.61%, smaller than the maximum CALF drawdown of -47.58%. Use the drawdown chart below to compare losses from any high point for DBSC and CALF.

Drawdown Indicators

	DBSC	CALF	Difference
Max Drawdown Largest peak-to-trough decline	-16.61%	-47.58%	+30.97%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.22%	—
Current Drawdown Current decline from peak	-2.17%	-4.01%	+1.84%
Average Drawdown Average peak-to-trough decline	-4.41%	-10.69%	+6.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.25%	—

Volatility

Volatility by Period

	DBSC	CALF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.39%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.92%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.22%	16.02%	+3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.22%	23.39%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.22%	25.97%	-6.75%

DBSC vs. CALF - Expense Ratio Comparison

DBSC has a 0.85% expense ratio, which is higher than CALF's 0.59% expense ratio.

Dividends

DBSC vs. CALF - Dividend Comparison

DBSC has not paid dividends to shareholders, while CALF's dividend yield for the trailing twelve months is around 1.24%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CALF Pacer US Small Cap Cash Cows 100 ETF	1.24%	1.43%	1.07%	1.18%	0.85%	2.63%	0.82%	0.99%	1.39%	0.70%
DBSC Deepwater Beachfront Small Cap ETF	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 DBSC and CALF in my portfolio?

DBSC and CALF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DBSC or CALF?

On fees, CALF is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DBSC or CALF?

CALF is cheaper with a 0.59% expense ratio, compared with 0.85% for DBSC.

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

CALF has the higher dividend yield at 1.24%, compared with 0.00% for DBSC.

What is the main difference between DBSC and CALF?

They also come from different issuers: Deepwater Asset Management and Pacer. Their fees differ too: 0.85% for DBSC and 0.59% for CALF.