JPSV vs. DSMC

Last updated Jun 4, 2026

JPSV (Jpmorgan Active Small Cap Value ETF) and DSMC (Distillate Small/Mid Cash Flow ETF) are both Small Cap Value Equities funds. Both are actively managed. Over the past 3 years, JPSV returned 11.47%/yr vs 13.36%/yr for DSMC. Their correlation of 0.89 suggests significant overlap in exposure. JPSV charges 0.74%/yr vs 0.55%/yr for DSMC.

Performance

JPSV vs. DSMC - Performance Comparison

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

Returns By Period

In the year-to-date period, JPSV achieves a 10.39% return, which is significantly lower than DSMC's 12.84% return.

JPSV

• 1D: -1.23%
• 1M: 2.73%
• YTD: 10.39%
• 6M: 8.88%
• 1Y: 16.62%
• 3Y*: 11.47%
• 5Y*: —
• 10Y*: —

DSMC

• 1D: -1.10%
• 1M: 1.55%
• YTD: 12.84%
• 6M: 12.14%
• 1Y: 27.29%
• 3Y*: 13.36%
• 5Y*: —
• 10Y*: —

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

JPSV vs. DSMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPSV Jpmorgan Active Small Cap Value ETF	10.39%	0.63%	8.73%	9.72%
DSMC Distillate Small/Mid Cash Flow ETF	12.84%	2.73%	2.81%	18.28%

Correlation

The correlation between JPSV and DSMC is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (All Time) Calculated using the full available price history since Mar 9, 2023	0.89

The correlation between JPSV and DSMC has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.

JPSV vs. DSMC - Sectors Allocation Comparison

Sectors	JPSV	DSMC
Financial Services	24.8%	4.1%
Industrials	13.2%	17.8%
Consumer Cyclical	9.2%	19.9%
Technology	8.8%	21.5%
Real Estate	8.4%	0.4%
Communication Services	6.7%	6.0%
Utilities	5.5%	-
Energy	5.4%	17.0%
Healthcare	5.1%	5.0%
Basic Materials	5.1%	3.5%
Consumer Defensive	2.3%	4.8%

Return for Risk

JPSV vs. DSMC — Risk / Return Rank

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

JPSV

JPSV Risk / Return Rank: 32
JPSV Sharpe Ratio Rank: 30
JPSV Sortino Ratio Rank: 31
JPSV Omega Ratio Rank: 29
JPSV Calmar Ratio Rank: 37
JPSV Martin Ratio Rank: 33

DSMC

DSMC Risk / Return Rank: 49
DSMC Sharpe Ratio Rank: 46
DSMC Sortino Ratio Rank: 49
DSMC Omega Ratio Rank: 44
DSMC Calmar Ratio Rank: 54
DSMC Martin Ratio Rank: 52

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.

JPSV vs. DSMC - Risk-Adjusted Trends Comparison

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

	JPSV	DSMC	Difference
Sharpe ratio: Return per unit of total volatility	1.07	1.59	-0.52
Sortino ratio: Return per unit of downside risk	1.68	2.41	-0.73
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.08
Calmar ratio: Return relative to maximum drawdown	1.85	2.65	-0.80
Martin ratio: Return relative to average drawdown	4.96	8.82	-3.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPSV vs. DSMC - Sharpe Ratio Comparison

The current JPSV Sharpe Ratio is 1.07, which is lower than the DSMC Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of JPSV and DSMC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JPSV	DSMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.59	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.75	-0.24

Drawdowns

JPSV vs. DSMC - Drawdown Comparison

The maximum JPSV drawdown since its inception was -22.78%, smaller than the maximum DSMC drawdown of -28.62%. Use the drawdown chart below to compare losses from any high point for JPSV and DSMC.

Drawdown Indicators

	JPSV	DSMC	Difference
Max Drawdown Largest peak-to-trough decline	-22.78%	-28.62%	+5.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.02%	-10.33%	+1.31%
Max Drawdown (3Y) Largest decline over 3 years	-22.78%	-28.62%	+5.84%
Current Drawdown Current decline from peak	-1.33%	-1.66%	+0.33%
Average Drawdown Average peak-to-trough decline	-5.63%	-6.00%	+0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	3.10%	+0.26%

Volatility

JPSV vs. DSMC - Volatility Comparison

The current volatility for Jpmorgan Active Small Cap Value ETF (JPSV) is 3.80%, while Distillate Small/Mid Cash Flow ETF (DSMC) has a volatility of 4.40%. This indicates that JPSV experiences smaller price fluctuations and is considered to be less risky than DSMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPSV	DSMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	4.40%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	9.99%	10.54%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.62%	17.33%	-1.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.92%	20.39%	-2.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	20.39%	-2.47%

JPSV vs. DSMC - Expense Ratio Comparison

JPSV has a 0.74% expense ratio, which is higher than DSMC's 0.55% expense ratio.

Dividends

JPSV vs. DSMC - Dividend Comparison

JPSV's dividend yield for the trailing twelve months is around 1.28%, more than DSMC's 1.13% yield.

Position	TTM	2025	2024	2023	2022
DSMC Distillate Small/Mid Cash Flow ETF	1.13%	1.18%	1.31%	1.02%	0.27%
JPSV Jpmorgan Active Small Cap Value ETF	1.28%	1.42%	1.21%	1.09%	0.00%

Frequently Asked Questions

Can I hold both JPSV and DSMC in my portfolio?

JPSV and DSMC have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPSV or DSMC?

DSMC has higher volatility (4.40%) compared to JPSV (3.80%). In terms of maximum drawdown, JPSV dropped -22.78% vs DSMC's -28.62%.

Which ETF is better, JPSV or DSMC?

On 3-year performance, DSMC leads with 13.36% vs 11.47% for JPSV. On fees, DSMC is cheaper at 0.55% per year. On volatility, JPSV has been the lower-risk option at 3.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPSV or DSMC?

Over the 3-year period, DSMC has performed better with a 13.36% return vs 11.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPSV or DSMC?

DSMC is cheaper with a 0.55% expense ratio, compared with 0.74% for JPSV.

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

JPSV has the higher dividend yield at 1.28%, compared with 1.13% for DSMC.

What is the main difference between JPSV and DSMC?

They also come from different issuers: JPMorgan and Distillate. Their fees differ too: 0.74% for JPSV and 0.55% for DSMC.

Which has better risk-adjusted returns?

DSMC currently has the higher Sharpe Ratio (1.59 vs 1.07), 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.