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RWJ vs. SMDV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


RWJSMDV
YTD Return4.29%4.30%
1Y Return15.89%17.63%
3Y Return (Ann)4.50%4.55%
5Y Return (Ann)17.56%5.54%
Sharpe Ratio0.670.83
Daily Std Dev22.34%20.24%
Max Drawdown-55.97%-34.12%
Current Drawdown-5.63%-6.16%

Correlation

-0.50.00.51.00.8

The correlation between RWJ and SMDV is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

RWJ vs. SMDV - Performance Comparison

The year-to-date returns for both investments are quite close, with RWJ having a 4.29% return and SMDV slightly higher at 4.30%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
4.57%
7.94%
RWJ
SMDV

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Invesco S&P SmallCap 600 Revenue ETF

ProShares Russell 2000 Dividend Growers ETF

RWJ vs. SMDV - Expense Ratio Comparison

RWJ has a 0.39% expense ratio, which is lower than SMDV's 0.40% expense ratio.


SMDV
ProShares Russell 2000 Dividend Growers ETF
Expense ratio chart for SMDV: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for RWJ: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

RWJ vs. SMDV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap 600 Revenue ETF (RWJ) 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.


RWJ
Sharpe ratio
The chart of Sharpe ratio for RWJ, currently valued at 0.67, compared to the broader market0.002.004.000.67
Sortino ratio
The chart of Sortino ratio for RWJ, currently valued at 1.13, compared to the broader market0.005.0010.001.13
Omega ratio
The chart of Omega ratio for RWJ, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.001.13
Calmar ratio
The chart of Calmar ratio for RWJ, currently valued at 0.72, compared to the broader market0.005.0010.0015.000.72
Martin ratio
The chart of Martin ratio for RWJ, currently valued at 3.13, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.13
SMDV
Sharpe ratio
The chart of Sharpe ratio for SMDV, currently valued at 0.83, compared to the broader market0.002.004.000.83
Sortino ratio
The chart of Sortino ratio for SMDV, currently valued at 1.35, compared to the broader market0.005.0010.001.35
Omega ratio
The chart of Omega ratio for SMDV, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.16
Calmar ratio
The chart of Calmar ratio for SMDV, currently valued at 0.91, compared to the broader market0.005.0010.0015.000.91
Martin ratio
The chart of Martin ratio for SMDV, currently valued at 3.24, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.24

RWJ vs. SMDV - Sharpe Ratio Comparison

The current RWJ Sharpe Ratio is 0.67, which roughly equals the SMDV Sharpe Ratio of 0.83. The chart below compares the 12-month rolling Sharpe Ratio of RWJ and SMDV.


Rolling 12-month Sharpe Ratio0.000.200.400.600.801.00AprilMayJuneJulyAugustSeptember
0.67
0.83
RWJ
SMDV

Dividends

RWJ vs. SMDV - Dividend Comparison

RWJ's dividend yield for the trailing twelve months is around 1.28%, less than SMDV's 2.85% yield.


TTM20232022202120202019201820172016201520142013
RWJ
Invesco S&P SmallCap 600 Revenue ETF
1.28%1.34%1.02%0.61%0.89%1.22%1.44%0.91%0.61%0.74%0.57%1.27%
SMDV
ProShares Russell 2000 Dividend Growers ETF
2.85%2.69%2.51%2.02%2.13%2.03%1.97%1.84%1.08%1.47%0.00%0.00%

Drawdowns

RWJ vs. SMDV - Drawdown Comparison

The maximum RWJ drawdown since its inception was -55.97%, which is greater than SMDV's maximum drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for RWJ and SMDV. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember
-5.63%
-6.16%
RWJ
SMDV

Volatility

RWJ vs. SMDV - Volatility Comparison

Invesco S&P SmallCap 600 Revenue ETF (RWJ) has a higher volatility of 6.64% compared to ProShares Russell 2000 Dividend Growers ETF (SMDV) at 5.37%. This indicates that RWJ's price experiences larger fluctuations and is considered to be riskier than SMDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%AprilMayJuneJulyAugustSeptember
6.64%
5.37%
RWJ
SMDV