SCAP vs. DSMC

Last updated Jun 4, 2026

SCAP (Infracap Small Cap Income ETF) and DSMC (Distillate Small/Mid Cash Flow ETF) are both Small Cap Value Equities funds. Both are actively managed. Over the past year, SCAP returned 27.11% vs 27.29% for DSMC. Their correlation of 0.85 suggests significant overlap in exposure. SCAP charges 0.80%/yr vs 0.55%/yr for DSMC.

Performance

SCAP vs. DSMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infracap Small Cap Income ETF (SCAP) 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, SCAP achieves a 9.64% return, which is significantly lower than DSMC's 12.84% return.

SCAP

• 1D: -0.95%
• 1M: 2.95%
• YTD: 9.64%
• 6M: 9.93%
• 1Y: 27.11%
• 3Y*: —
• 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)

SCAP vs. DSMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCAP Infracap Small Cap Income ETF	9.64%	11.85%	16.39%	6.21%
DSMC Distillate Small/Mid Cash Flow ETF	12.84%	2.73%	2.81%	7.45%

Correlation

The correlation between SCAP and DSMC is 0.78, 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	0.78
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.85

The correlation between SCAP and DSMC has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.

SCAP vs. DSMC - Sectors Allocation Comparison

Sectors	SCAP	DSMC
Industrials	22.6%	17.8%
Financial Services	20.5%	4.1%
Consumer Cyclical	13.7%	19.9%
Real Estate	10.6%	0.4%
Basic Materials	8.5%	3.5%
Technology	7.5%	21.5%
Energy	5.1%	17.0%
Communication Services	3.1%	6.0%
Healthcare	2.9%	5.0%
Consumer Defensive	2.8%	4.8%
Utilities	2.7%	-

Return for Risk

SCAP vs. DSMC — Risk / Return Rank

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

SCAP

SCAP Risk / Return Rank: 48
SCAP Sharpe Ratio Rank: 49
SCAP Sortino Ratio Rank: 48
SCAP Omega Ratio Rank: 48
SCAP Calmar Ratio Rank: 48
SCAP Martin Ratio Rank: 47

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.

SCAP vs. DSMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infracap Small Cap Income ETF (SCAP) 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.

	SCAP	DSMC	Difference
Sharpe ratio: Return per unit of total volatility	1.71	1.59	+0.12
Sortino ratio: Return per unit of downside risk	2.39	2.41	-0.02
Omega ratio: Gain probability vs. loss probability	1.30	1.28	+0.02
Calmar ratio: Return relative to maximum drawdown	2.36	2.65	-0.30
Martin ratio: Return relative to average drawdown	7.83	8.82	-1.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCAP vs. DSMC - Sharpe Ratio Comparison

The current SCAP Sharpe Ratio is 1.71, which is comparable to the DSMC Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of SCAP 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

	SCAP	DSMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	1.59	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	0.75	+0.24

Drawdowns

SCAP vs. DSMC - Drawdown Comparison

The maximum SCAP drawdown since its inception was -24.13%, smaller than the maximum DSMC drawdown of -28.62%. Use the drawdown chart below to compare losses from any high point for SCAP and DSMC.

Drawdown Indicators

	SCAP	DSMC	Difference
Max Drawdown Largest peak-to-trough decline	-24.13%	-28.62%	+4.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.55%	-10.33%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	—	-28.62%	—
Current Drawdown Current decline from peak	-0.95%	-1.66%	+0.71%
Average Drawdown Average peak-to-trough decline	-4.26%	-6.00%	+1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	3.10%	+0.37%

Volatility

SCAP vs. DSMC - Volatility Comparison

Infracap Small Cap Income ETF (SCAP) has a higher volatility of 4.70% compared to Distillate Small/Mid Cash Flow ETF (DSMC) at 4.40%. This indicates that SCAP's price experiences larger fluctuations and is considered to be riskier than DSMC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCAP	DSMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.70%	4.40%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	11.83%	10.54%	+1.29%
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	17.33%	-1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.67%	20.39%	-1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.67%	20.39%	-1.72%

SCAP vs. DSMC - Expense Ratio Comparison

SCAP has a 0.80% expense ratio, which is higher than DSMC's 0.55% expense ratio.

Dividends

SCAP vs. DSMC - Dividend Comparison

SCAP's dividend yield for the trailing twelve months is around 6.97%, 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%
SCAP Infracap Small Cap Income ETF	6.97%	6.71%	6.89%	0.27%	0.00%

Frequently Asked Questions

Can I hold both SCAP and DSMC in my portfolio?

SCAP and DSMC have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCAP or DSMC?

SCAP has higher volatility (4.70%) compared to DSMC (4.40%). In terms of maximum drawdown, SCAP dropped -24.13% vs DSMC's -28.62%.

Which ETF is better, SCAP or DSMC?

On 1-year performance, DSMC leads with 27.29% vs 27.11% for SCAP. 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, SCAP or DSMC?

Over the 1-year period, DSMC has performed better with a 27.29% return vs 27.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCAP or DSMC?

DSMC is cheaper with a 0.55% expense ratio, compared with 0.80% for SCAP.

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

SCAP has the higher dividend yield at 6.97%, compared with 1.13% for DSMC.

What is the main difference between SCAP and DSMC?

They also come from different issuers: InfraCap and Distillate. Their fees differ too: 0.80% for SCAP and 0.55% for DSMC.

Which has better risk-adjusted returns?

SCAP currently has the higher Sharpe Ratio (1.71 vs 1.59), 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.