SCAP vs. XSVM

Last updated Jun 24, 2026

SCAP (Infracap Small Cap Income ETF) and XSVM (Invesco S&P SmallCap Value with Momentum ETF) are both exchange-traded funds - SCAP is a Small Cap Value Equities fund actively managed by InfraCap, while XSVM is a Momentum fund tracking the S&P SmallCap 600 High Momentum Value Index. SCAP is actively managed, while XSVM is passively managed. Over the past year, SCAP returned 26.20% vs 37.12% for XSVM. Their correlation of 0.87 suggests significant overlap in exposure. SCAP charges 0.80%/yr vs 0.37%/yr for XSVM.

Performance

SCAP vs. XSVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infracap Small Cap Income ETF (SCAP) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCAP achieves a 11.10% return, which is significantly lower than XSVM's 20.98% return.

SCAP

• 1D: -1.65%
• 1M: 3.11%
• YTD: 11.10%
• 6M: 9.71%
• 1Y: 26.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XSVM

• 1D: 0.77%
• 1M: 3.66%
• YTD: 20.98%
• 6M: 18.82%
• 1Y: 37.12%
• 3Y*: 17.66%
• 5Y*: 7.87%
• 10Y*: 13.32%

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

SCAP vs. XSVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCAP Infracap Small Cap Income ETF	11.10%	11.85%	16.39%	6.37%
XSVM Invesco S&P SmallCap Value with Momentum ETF	20.98%	7.47%	2.30%	6.70%

Correlation

The correlation between SCAP and XSVM is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Dec 12, 2023	0.87

The correlation between SCAP and XSVM has been stable across timeframes, ranging from 0.81 to 0.87 - a consistent structural relationship.

SCAP vs. XSVM - Sectors Allocation Comparison

Sectors	SCAP	XSVM
Industrials	21.5%	6.3%
Financial Services	17.1%	38.7%
Consumer Cyclical	14.5%	17.4%
Technology	12.8%	9.5%
Real Estate	9.8%	4.8%
Basic Materials	8.2%	2.0%
Energy	4.3%	9.3%
Consumer Defensive	3.7%	6.9%
Communication Services	2.9%	2.8%
Healthcare	2.8%	1.1%
Utilities	2.4%	1.2%

Return for Risk

SCAP vs. XSVM — 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: 46
SCAP Calmar Ratio Rank: 50
SCAP Martin Ratio Rank: 48

XSVM

XSVM Risk / Return Rank: 67
XSVM Sharpe Ratio Rank: 65
XSVM Sortino Ratio Rank: 67
XSVM Omega Ratio Rank: 62
XSVM Calmar Ratio Rank: 76
XSVM Martin Ratio Rank: 66

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. XSVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infracap Small Cap Income ETF (SCAP) and Invesco S&P SmallCap Value with Momentum ETF (XSVM). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SCAP	XSVM	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.03	-0.44
Sortino ratio: Return per unit of downside risk	2.23	2.93	-0.69
Omega ratio: Gain probability vs. loss probability	1.28	1.36	-0.08
Calmar ratio: Return relative to maximum drawdown	2.28	3.70	-1.42
Martin ratio: Return relative to average drawdown	7.54	11.45	-3.90

SCAP vs. XSVM - Sharpe Ratio Comparison

The current SCAP Sharpe Ratio is 1.59, which is comparable to the XSVM Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of SCAP and XSVM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCAP vs. XSVM - Drawdown Comparison

The maximum SCAP drawdown since its inception was -24.13%, smaller than the maximum XSVM drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for SCAP and XSVM.

Drawdown Indicators

	SCAP	XSVM	Difference
Max Drawdown Largest peak-to-trough decline	-24.13%	-62.57%	+38.44%
Max Drawdown (1Y) Largest decline over 1 year	-11.55%	-10.08%	-1.47%
Max Drawdown (3Y) Largest decline over 3 years	—	-26.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.21%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.02%	—
Current Drawdown Current decline from peak	-2.49%	-0.73%	-1.76%
Average Drawdown Average peak-to-trough decline	-4.18%	-11.54%	+7.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	3.25%	+0.23%

Volatility

SCAP vs. XSVM - Volatility Comparison

Infracap Small Cap Income ETF (SCAP) has a higher volatility of 5.98% compared to Invesco S&P SmallCap Value with Momentum ETF (XSVM) at 4.63%. This indicates that SCAP's price experiences larger fluctuations and is considered to be riskier than XSVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCAP	XSVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.98%	4.63%	+1.35%
Volatility (6M) Calculated over the trailing 6-month period	12.73%	12.28%	+0.45%
Volatility (1Y) Calculated over the trailing 1-year period	16.57%	18.54%	-1.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.78%	22.55%	-3.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.78%	25.07%	-6.29%

SCAP vs. XSVM - Expense Ratio Comparison

SCAP has a 0.80% expense ratio, which is higher than XSVM's 0.37% expense ratio.

Dividends

SCAP vs. XSVM - Dividend Comparison

SCAP's dividend yield for the trailing twelve months is around 6.88%, more than XSVM's 1.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCAP Infracap Small Cap Income ETF	6.88%	6.71%	6.89%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSVM Invesco S&P SmallCap Value with Momentum ETF	1.82%	2.29%	1.69%	1.31%	1.79%	1.23%	1.21%	1.22%	2.54%	1.90%	2.29%	2.68%

Frequently Asked Questions

Can I hold both SCAP and XSVM in my portfolio?

SCAP and XSVM have a correlation of 0.81, 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 XSVM?

SCAP has higher volatility (5.98%) compared to XSVM (4.63%). In terms of maximum drawdown, SCAP dropped -24.13% vs XSVM's -62.57%.

Which ETF is better, SCAP or XSVM?

On 1-year performance, XSVM leads with 37.12% vs 26.20% for SCAP. On fees, XSVM is cheaper at 0.37% per year. On volatility, XSVM has been the lower-risk option at 4.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCAP or XSVM?

Over the 1-year period, XSVM has performed better with a 37.12% return vs 26.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCAP or XSVM?

XSVM is cheaper with a 0.37% expense ratio, compared with 0.80% for SCAP.

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

SCAP has the higher dividend yield at 6.88%, compared with 1.82% for XSVM.

What is the main difference between SCAP and XSVM?

SCAP is categorized as Small Cap Value Equities, while XSVM is Momentum. They also come from different issuers: InfraCap and Invesco. Their fees differ too: 0.80% for SCAP and 0.37% for XSVM.

Which has better risk-adjusted returns?

XSVM currently has the higher Sharpe Ratio (2.03 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.