ESSC vs. ELCV

Last updated Jun 4, 2026

ESSC (Eventide Small Cap ETF) and ELCV (Eventide High Dividend ETF) are both exchange-traded funds - ESSC is a Small Cap Blend Equities fund actively managed by Eventide, while ELCV is a Large Cap Value Equities fund actively managed by Eventide. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.49% expense ratio.

Performance

ESSC vs. ELCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Small Cap ETF (ESSC) and Eventide High Dividend ETF (ELCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ESSC achieves a 15.03% return, which is significantly lower than ELCV's 21.38% return.

ESSC

• 1D: -0.78%
• 1M: 2.91%
• YTD: 15.03%
• 6M: 14.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ELCV

• 1D: 0.48%
• 1M: 4.35%
• YTD: 21.38%
• 6M: 20.08%
• 1Y: 30.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESSC vs. ELCV - Yearly Performance Comparison

	2026 (YTD)	2025
ESSC Eventide Small Cap ETF	15.03%	3.65%
ELCV Eventide High Dividend ETF	21.38%	-0.08%

Correlation

The correlation between ESSC and ELCV is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.71

Return for Risk

ESSC vs. ELCV — Risk / Return Rank

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

ELCV

ELCV Risk / Return Rank: 86
ELCV Sharpe Ratio Rank: 83
ELCV Sortino Ratio Rank: 82
ELCV Omega Ratio Rank: 79
ELCV Calmar Ratio Rank: 92
ELCV Martin Ratio Rank: 91

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.

ESSC vs. ELCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Small Cap ETF (ESSC) and Eventide High Dividend ETF (ELCV). 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.

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

Sharpe Ratios by Period

	ESSC	ELCV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.58	1.15	+0.43

Drawdowns

ESSC vs. ELCV - Drawdown Comparison

The maximum ESSC drawdown since its inception was -9.51%, smaller than the maximum ELCV drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for ESSC and ELCV.

Drawdown Indicators

	ESSC	ELCV	Difference
Max Drawdown Largest peak-to-trough decline	-9.51%	-18.38%	+8.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.05%	—
Current Drawdown Current decline from peak	-1.05%	0.00%	-1.05%
Average Drawdown Average peak-to-trough decline	-2.19%	-3.75%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.43%	—

Volatility

Volatility by Period

	ESSC	ELCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.00%	11.47%	+7.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.00%	15.38%	+3.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	15.38%	+3.62%

ESSC vs. ELCV - Expense Ratio Comparison

Both ESSC and ELCV have an expense ratio of 0.49%.

Dividends

ESSC vs. ELCV - Dividend Comparison

ESSC's dividend yield for the trailing twelve months is around 0.16%, less than ELCV's 1.76% yield.

Position	TTM	2025	2024
ELCV Eventide High Dividend ETF	1.76%	2.34%	0.29%
ESSC Eventide Small Cap ETF	0.16%	0.04%	0.00%

Frequently Asked Questions

Can I hold both ESSC and ELCV in my portfolio?

ESSC and ELCV have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESSC or ELCV?

Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESSC or ELCV?

ESSC and ELCV have the same expense ratio: 0.49% per year.

Which ETF pays a higher dividend yield, ESSC or ELCV?

ELCV has the higher dividend yield at 1.76%, compared with 0.16% for ESSC.

What is the main difference between ESSC and ELCV?

ESSC is categorized as Small Cap Blend Equities, while ELCV is Large Cap Value Equities.