DES vs. SMCP

Last updated Jun 3, 2026

DES (WisdomTree U.S. SmallCap Dividend Fund) and SMCP (AlphaMark Actively Managed Small Cap ETF) are both Small Cap Blend Equities funds - DES tracks the WisdomTree SmallCap Dividend (TR) while SMCP tracks the Actively Managed. Both are passively managed. At a 0.20 correlation, their price movements are largely independent. DES charges 0.38%/yr vs 0.90%/yr for SMCP.

Performance

DES vs. SMCP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. SmallCap Dividend Fund (DES) and AlphaMark Actively Managed Small Cap ETF (SMCP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DES

• 1D: 0.99%
• 1M: 0.53%
• YTD: 16.63%
• 6M: 17.07%
• 1Y: 28.87%
• 3Y*: 14.65%
• 5Y*: 6.21%
• 10Y*: 8.17%

SMCP

• 1D: 1.02%
• 1M: -25.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DES vs. SMCP - Yearly Performance Comparison

	2026 (YTD)
DES WisdomTree U.S. SmallCap Dividend Fund	3.59%
SMCP AlphaMark Actively Managed Small Cap ETF	-25.77%

Correlation

The correlation between DES and SMCP is 0.20, 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	0.20

DES vs. SMCP - Sectors Allocation Comparison

Sectors	DES	SMCP
Financial Services	23.7%	98.8%
Consumer Cyclical	14.8%	7.3%
Industrials	13.3%	13.1%
Energy	10.7%	7.6%
Real Estate	9.6%	3.1%
Basic Materials	6.0%	7.9%
Technology	5.5%	11.1%
Utilities	4.6%	3.0%
Consumer Defensive	4.3%	8.1%
Communication Services	2.8%	4.0%
Healthcare	1.7%	11.0%

Return for Risk

DES vs. SMCP — Risk / Return Rank

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

DES

DES Risk / Return Rank: 57
DES Sharpe Ratio Rank: 51
DES Sortino Ratio Rank: 54
DES Omega Ratio Rank: 49
DES Calmar Ratio Rank: 72
DES Martin Ratio Rank: 59

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.

DES vs. SMCP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. SmallCap Dividend Fund (DES) 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.

	DES	SMCP	Difference
Sharpe ratio Return per unit of total volatility	1.77	—	—
Sortino ratio Return per unit of downside risk	2.64	—	—
Omega ratio Gain probability vs. loss probability	1.31	—	—
Calmar ratio Return relative to maximum drawdown	3.67	—	—
Martin ratio Return relative to average drawdown	10.48	—	—
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

	DES	SMCP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	-1.43	+1.75

Drawdowns

DES vs. SMCP - Drawdown Comparison

The maximum DES drawdown since its inception was -65.48%, which is greater than SMCP's maximum drawdown of -27.86%. Use the drawdown chart below to compare losses from any high point for DES and SMCP.

Drawdown Indicators

	DES	SMCP	Difference
Max Drawdown Largest peak-to-trough decline	-65.48%	-27.86%	-37.62%
Max Drawdown (1Y) Largest decline over 1 year	-7.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.65%	—	—
Current Drawdown Current decline from peak	-0.28%	-25.77%	+25.49%
Average Drawdown Average peak-to-trough decline	-9.68%	-5.07%	-4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	DES	SMCP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	43.91%	-27.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.56%	43.91%	-24.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.97%	43.91%	-21.94%

DES vs. SMCP - Expense Ratio Comparison

DES has a 0.38% expense ratio, which is lower than SMCP's 0.90% expense ratio.

Dividends

DES vs. SMCP - Dividend Comparison

DES's dividend yield for the trailing twelve months is around 2.37%, while SMCP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DES WisdomTree U.S. SmallCap Dividend Fund	2.37%	2.85%	2.81%	2.65%	2.89%	2.31%	2.75%	2.68%	3.65%	2.89%	2.70%	3.09%
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 DES and SMCP in my portfolio?

DES and SMCP have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DES or SMCP?

On fees, DES is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DES or SMCP?

DES is cheaper with a 0.38% expense ratio, compared with 0.90% for SMCP.

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

DES has the higher dividend yield at 2.37%, compared with 0.00% for SMCP.

What is the main difference between DES and SMCP?

DES tracks WisdomTree SmallCap Dividend (TR), while SMCP tracks Actively Managed. They also come from different issuers: WisdomTree and AlphaMark Advisors. Their fees differ too: 0.38% for DES and 0.90% for SMCP.