SDVY vs. OUSM

Last updated Jun 4, 2026

SDVY (First Trust SMID Cap Rising Dividend Achievers ETF) and OUSM (OShares U.S. Small-Cap Quality Dividend ETF) are both Small Cap Blend Equities funds - SDVY tracks the NASDAQ US Small Mid Cap Rising Dividend Achievers™ Index while OUSM tracks the O'Shares US Small-Cap Quality Dividend Index. Both are passively managed. Over the past 5 years, SDVY returned 8.43%/yr vs 7.39%/yr for OUSM. Their correlation of 0.85 suggests significant overlap in exposure. SDVY charges 0.60%/yr vs 0.48%/yr for OUSM.

Performance

SDVY vs. OUSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDVY achieves a 7.70% return, which is significantly higher than OUSM's 6.80% return.

SDVY

• 1D: -0.44%
• 1M: -1.18%
• YTD: 7.70%
• 6M: 7.75%
• 1Y: 20.08%
• 3Y*: 17.26%
• 5Y*: 8.43%
• 10Y*: —

OUSM

• 1D: -0.06%
• 1M: 1.69%
• YTD: 6.80%
• 6M: 6.94%
• 1Y: 10.89%
• 3Y*: 11.71%
• 5Y*: 7.39%
• 10Y*: —

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

SDVY vs. OUSM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SDVY First Trust SMID Cap Rising Dividend Achievers ETF	7.70%	8.83%	11.19%	28.58%	-11.98%	29.13%	11.72%	25.62%	-15.26%	5.78%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	6.80%	2.17%	13.45%	18.82%	-7.89%	21.45%	7.64%	28.04%	-10.60%	3.25%

Correlation

The correlation between SDVY and OUSM is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017	0.85

The correlation between SDVY and OUSM has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

SDVY vs. OUSM - Sectors Allocation Comparison

Sectors	SDVY	OUSM
Financial Services	33.5%	21.1%
Industrials	29.3%	22.8%
Consumer Cyclical	10.2%	19.3%
Technology	8.4%	13.5%
Consumer Defensive	5.4%	4.9%
Basic Materials	4.2%	1.4%
Energy	3.0%	0.3%
Healthcare	3.0%	9.2%
Communication Services	1.8%	3.8%
Utilities	0.6%	3.9%
Real Estate	-	-

Return for Risk

SDVY vs. OUSM — Risk / Return Rank

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

SDVY

SDVY Risk / Return Rank: 40
SDVY Sharpe Ratio Rank: 36
SDVY Sortino Ratio Rank: 39
SDVY Omega Ratio Rank: 35
SDVY Calmar Ratio Rank: 44
SDVY Martin Ratio Rank: 45

OUSM

OUSM Risk / Return Rank: 24
OUSM Sharpe Ratio Rank: 23
OUSM Sortino Ratio Rank: 24
OUSM Omega Ratio Rank: 22
OUSM Calmar Ratio Rank: 25
OUSM Martin Ratio Rank: 25

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.

SDVY vs. OUSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM). 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.

	SDVY	OUSM	Difference
Sharpe ratio: Return per unit of total volatility	1.32	0.83	+0.49
Sortino ratio: Return per unit of downside risk	2.05	1.34	+0.71
Omega ratio: Gain probability vs. loss probability	1.24	1.15	+0.09
Calmar ratio: Return relative to maximum drawdown	2.17	1.19	+0.99
Martin ratio: Return relative to average drawdown	7.49	3.47	+4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDVY vs. OUSM - Sharpe Ratio Comparison

The current SDVY Sharpe Ratio is 1.32, which is higher than the OUSM Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of SDVY and OUSM, 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

	SDVY	OUSM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	0.83	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.46	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.48	-0.04

Drawdowns

SDVY vs. OUSM - Drawdown Comparison

The maximum SDVY drawdown since its inception was -44.70%, which is greater than OUSM's maximum drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for SDVY and OUSM.

Drawdown Indicators

	SDVY	OUSM	Difference
Max Drawdown Largest peak-to-trough decline	-44.70%	-39.84%	-4.86%
Max Drawdown (1Y) Largest decline over 1 year	-9.28%	-9.21%	-0.07%
Max Drawdown (3Y) Largest decline over 3 years	-25.92%	-19.44%	-6.48%
Max Drawdown (5Y) Largest decline over 5 years	-25.92%	-19.44%	-6.48%
Current Drawdown Current decline from peak	-3.08%	-1.67%	-1.41%
Average Drawdown Average peak-to-trough decline	-7.71%	-5.22%	-2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	3.14%	-0.45%

Volatility

SDVY vs. OUSM - Volatility Comparison

First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) has a higher volatility of 4.14% compared to OShares U.S. Small-Cap Quality Dividend ETF (OUSM) at 3.66%. This indicates that SDVY's price experiences larger fluctuations and is considered to be riskier than OUSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDVY	OUSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	3.66%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	10.89%	9.25%	+1.64%
Volatility (1Y) Calculated over the trailing 1-year period	15.34%	13.15%	+2.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.04%	16.30%	+4.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.82%	18.94%	+5.88%

SDVY vs. OUSM - Expense Ratio Comparison

SDVY has a 0.60% expense ratio, which is higher than OUSM's 0.48% expense ratio.

Dividends

SDVY vs. OUSM - Dividend Comparison

SDVY's dividend yield for the trailing twelve months is around 1.20%, less than OUSM's 2.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
OUSM OShares U.S. Small-Cap Quality Dividend ETF	2.07%	2.09%	1.62%	1.64%	1.98%	1.55%	2.02%	1.99%	2.63%	2.17%
SDVY First Trust SMID Cap Rising Dividend Achievers ETF	1.20%	1.69%	1.60%	1.90%	2.28%	1.09%	1.48%	1.69%	1.57%	0.29%

Frequently Asked Questions

Can I hold both SDVY and OUSM in my portfolio?

With a correlation of 0.92, SDVY and OUSM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SDVY or OUSM?

SDVY has higher volatility (4.14%) compared to OUSM (3.66%). In terms of maximum drawdown, SDVY dropped -44.70% vs OUSM's -39.84%.

Which ETF is better, SDVY or OUSM?

On 5-year performance, SDVY leads with 8.43% vs 7.39% for OUSM. On fees, OUSM is cheaper at 0.48% per year. On volatility, OUSM has been the lower-risk option at 3.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDVY or OUSM?

Over the 5-year period, SDVY has performed better with a 8.43% return vs 7.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDVY or OUSM?

OUSM is cheaper with a 0.48% expense ratio, compared with 0.60% for SDVY.

Which ETF pays a higher dividend yield, SDVY or OUSM?

OUSM has the higher dividend yield at 2.07%, compared with 1.20% for SDVY.

What is the main difference between SDVY and OUSM?

SDVY tracks NASDAQ US Small Mid Cap Rising Dividend Achievers™ Index, while OUSM tracks O'Shares US Small-Cap Quality Dividend Index. They also come from different issuers: First Trust and O'Shares Investments. Their fees differ too: 0.60% for SDVY and 0.48% for OUSM.

Which has better risk-adjusted returns?

SDVY currently has the higher Sharpe Ratio (1.32 vs 0.83), 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.