ESSC vs. SMDV

Last updated Jun 4, 2026

ESSC (Eventide Small Cap ETF) and SMDV (ProShares Russell 2000 Dividend Growers ETF) are both Small Cap Blend Equities funds. ESSC is actively managed, while SMDV is passively managed. A 0.71 correlation means they provide meaningful diversification when combined. ESSC charges 0.49%/yr vs 0.40%/yr for SMDV.

Performance

ESSC vs. SMDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eventide Small Cap ETF (ESSC) and ProShares Russell 2000 Dividend Growers ETF (SMDV). 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 higher than SMDV's 8.80% return.

ESSC

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

SMDV

• 1D: -1.58%
• 1M: -0.39%
• YTD: 8.80%
• 6M: 7.57%
• 1Y: 13.74%
• 3Y*: 9.13%
• 5Y*: 3.88%
• 10Y*: 7.08%

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

ESSC vs. SMDV - Yearly Performance Comparison

	2026 (YTD)	2025
ESSC Eventide Small Cap ETF	15.03%	3.65%
SMDV ProShares Russell 2000 Dividend Growers ETF	8.80%	-0.02%

Correlation

The correlation between ESSC and SMDV 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. SMDV — Risk / Return Rank

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

SMDV

SMDV Risk / Return Rank: 26
SMDV Sharpe Ratio Rank: 24
SMDV Sortino Ratio Rank: 26
SMDV Omega Ratio Rank: 24
SMDV Calmar Ratio Rank: 29
SMDV Martin Ratio Rank: 29

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. SMDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eventide Small Cap ETF (ESSC) and ProShares Russell 2000 Dividend Growers ETF (SMDV). 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	SMDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.87	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.58	0.38	+1.20

Drawdowns

ESSC vs. SMDV - Drawdown Comparison

The maximum ESSC drawdown since its inception was -9.51%, smaller than the maximum SMDV drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for ESSC and SMDV.

Drawdown Indicators

	ESSC	SMDV	Difference
Max Drawdown Largest peak-to-trough decline	-9.51%	-34.12%	+24.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.12%	—
Current Drawdown Current decline from peak	-1.05%	-2.76%	+1.71%
Average Drawdown Average peak-to-trough decline	-2.19%	-5.93%	+3.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.25%	—

Volatility

Volatility by Period

	ESSC	SMDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.00%	15.85%	+3.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.00%	18.69%	+0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	20.73%	-1.73%

ESSC vs. SMDV - Expense Ratio Comparison

ESSC has a 0.49% expense ratio, which is higher than SMDV's 0.40% expense ratio.

Dividends

ESSC vs. SMDV - Dividend Comparison

ESSC's dividend yield for the trailing twelve months is around 0.16%, less than SMDV's 2.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ESSC Eventide Small Cap ETF	0.16%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMDV ProShares Russell 2000 Dividend Growers ETF	2.42%	2.67%	2.68%	2.69%	2.51%	2.02%	2.13%	2.03%	1.97%	1.84%	1.35%	1.81%

Frequently Asked Questions

Can I hold both ESSC and SMDV in my portfolio?

ESSC and SMDV 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 SMDV?

On fees, SMDV is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ESSC or SMDV?

SMDV is cheaper with a 0.40% expense ratio, compared with 0.49% for ESSC.

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

SMDV has the higher dividend yield at 2.42%, compared with 0.16% for ESSC.

What is the main difference between ESSC and SMDV?

They also come from different issuers: Eventide and ProShares. Their fees differ too: 0.49% for ESSC and 0.40% for SMDV.