DSMC vs. EPSV

Last updated Jul 12, 2026

DSMC (Distillate Small/Mid Cash Flow ETF) and EPSV (Harbor SMID Cap Value ETF) are both Small Cap Value Equities funds. Both are actively managed. Over the past year, DSMC returned 21.63% vs 37.43% for EPSV. A 0.72 correlation means they provide meaningful diversification when combined. DSMC charges 0.55%/yr vs 0.88%/yr for EPSV.

Performance

DSMC vs. EPSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Distillate Small/Mid Cash Flow ETF (DSMC) and Harbor SMID Cap Value ETF (EPSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DSMC achieves a 16.33% return, which is significantly lower than EPSV's 27.82% return.

DSMC

• 1D: 0.69%
• 1M: 0.93%
• 6M: 10.98%
• YTD: 16.33%
• 1Y: 21.63%
• 3Y*: 11.51%
• 5Y*: —
• 10Y*: —

EPSV

• 1D: 0.07%
• 1M: -0.22%
• 6M: 22.09%
• YTD: 27.82%
• 1Y: 37.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DSMC vs. EPSV - Yearly Performance Comparison

	2026 (YTD)	2025
DSMC Distillate Small/Mid Cash Flow ETF	16.33%	19.01%
EPSV Harbor SMID Cap Value ETF	27.82%	22.17%

Correlation

The correlation between DSMC and EPSV is 0.69, 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	0.69
Correlation (All Time) Calculated using the full available price history since May 2, 2025	0.72

The correlation between DSMC and EPSV has been stable across timeframes, ranging from 0.69 to 0.72 - a consistent structural relationship.

DSMC vs. EPSV - Sectors Allocation Comparison

Sectors	DSMC	EPSV
Consumer Cyclical	18.7%	6.8%
Technology	18.0%	22.2%
Industrials	16.6%	26.0%
Energy	14.4%	4.8%
Healthcare	11.0%	2.4%
Consumer Defensive	9.0%	3.8%
Communication Services	5.8%	-
Basic Materials	3.4%	5.3%
Financial Services	3.0%	17.5%
Real Estate	0.4%	8.1%
Utilities	-	3.3%

Return for Risk

DSMC vs. EPSV — Risk / Return Rank

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

DSMC

DSMC Risk / Return Rank: 45
DSMC Sharpe Ratio Rank: 41
DSMC Sortino Ratio Rank: 46
DSMC Omega Ratio Rank: 39
DSMC Calmar Ratio Rank: 49
DSMC Martin Ratio Rank: 49

EPSV

EPSV Risk / Return Rank: 82
EPSV Sharpe Ratio Rank: 80
EPSV Sortino Ratio Rank: 82
EPSV Omega Ratio Rank: 75
EPSV Calmar Ratio Rank: 88
EPSV Martin Ratio Rank: 86

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.

DSMC vs. EPSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Distillate Small/Mid Cash Flow ETF (DSMC) and Harbor SMID Cap Value ETF (EPSV). 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.

	DSMC	EPSV	Difference
Sharpe ratio: Return per unit of total volatility	1.19	2.02	-0.82
Sortino ratio: Return per unit of downside risk	1.86	2.91	-1.04
Omega ratio: Gain probability vs. loss probability	1.21	1.35	-0.14
Calmar ratio: Return relative to maximum drawdown	1.97	4.09	-2.12
Martin ratio: Return relative to average drawdown	6.53	14.03	-7.50

DSMC vs. EPSV - Sharpe Ratio Comparison

The current DSMC Sharpe Ratio is 1.19, which is lower than the EPSV Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of DSMC and EPSV, 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

DSMC vs. EPSV - Drawdown Comparison

The maximum DSMC drawdown since its inception was -28.62%, which is greater than EPSV's maximum drawdown of -8.93%. Use the drawdown chart below to compare losses from any high point for DSMC and EPSV.

Drawdown Indicators

	DSMC	EPSV	Difference
Max Drawdown Largest peak-to-trough decline	-28.62%	-8.93%	-19.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.33%	-8.93%	-1.40%
Max Drawdown (3Y) Largest decline over 3 years	-28.62%	—	—
Current Drawdown Current decline from peak	-0.29%	-2.76%	+2.47%
Average Drawdown Average peak-to-trough decline	-5.87%	-1.63%	-4.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	2.61%	+0.52%

Volatility

DSMC vs. EPSV - Volatility Comparison

The current volatility for Distillate Small/Mid Cash Flow ETF (DSMC) is 4.40%, while Harbor SMID Cap Value ETF (EPSV) has a volatility of 5.52%. This indicates that DSMC experiences smaller price fluctuations and is considered to be less risky than EPSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DSMC	EPSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	5.52%	-1.12%
Volatility (6M) Calculated over the trailing 6-month period	10.71%	13.32%	-2.61%
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	18.14%	-1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.24%	18.18%	+2.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	18.18%	+2.06%

DSMC vs. EPSV - Expense Ratio Comparison

DSMC has a 0.55% expense ratio, which is lower than EPSV's 0.88% expense ratio.

Dividends

DSMC vs. EPSV - Dividend Comparison

DSMC's dividend yield for the trailing twelve months is around 1.13%, less than EPSV's 2.25% yield.

Position	TTM	2025	2024	2023	2022
DSMC Distillate Small/Mid Cash Flow ETF	1.13%	1.18%	1.31%	1.02%	0.27%
EPSV Harbor SMID Cap Value ETF	2.25%	2.88%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DSMC and EPSV in my portfolio?

DSMC and EPSV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DSMC or EPSV?

EPSV has higher volatility (5.52%) compared to DSMC (4.40%). In terms of maximum drawdown, DSMC dropped -28.62% vs EPSV's -8.93%.

Which ETF is better, DSMC or EPSV?

On 1-year performance, EPSV leads with 37.43% vs 21.63% for DSMC. On fees, DSMC is cheaper at 0.55% per year. On volatility, DSMC has been the lower-risk option at 4.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DSMC or EPSV?

Over the 1-year period, EPSV has performed better with a 37.43% return vs 21.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DSMC or EPSV?

DSMC is cheaper with a 0.55% expense ratio, compared with 0.88% for EPSV.

Which ETF pays a higher dividend yield, DSMC or EPSV?

EPSV has the higher dividend yield at 2.25%, compared with 1.13% for DSMC.

What is the main difference between DSMC and EPSV?

They also come from different issuers: Distillate and Harbor. Their fees differ too: 0.55% for DSMC and 0.88% for EPSV.

Which has better risk-adjusted returns?

EPSV currently has the higher Sharpe Ratio (2.02 vs 1.19), 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.