SMAP vs. CVSM

Last updated Jul 21, 2026

SMAP (Amplify Small-Mid Cap Equity ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both Small Cap Blend Equities funds. At a 0.24 correlation, their price movements are largely independent. SMAP charges 0.60%/yr vs 0.55%/yr for CVSM.

Performance

SMAP vs. CVSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Small-Mid Cap Equity ETF (SMAP) and CresAlta Small & Mid-Cap ETF (CVSM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMAP

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

CVSM

• 1D: -0.51%
• 1M: 1.76%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

SMAP vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
SMAP Amplify Small-Mid Cap Equity ETF	2.95%
CVSM CresAlta Small & Mid-Cap ETF	3.44%

Correlation

The correlation between SMAP and CVSM is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.24

Return for Risk

SMAP vs. CVSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Small-Mid Cap Equity ETF (SMAP) and CresAlta Small & Mid-Cap ETF (CVSM). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	SMAP	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	—	-3.36%	—
Current Drawdown Current decline from peak	—	-1.17%	—
Average Drawdown Average peak-to-trough decline	—	-1.01%	—

Volatility

Volatility by Period

	SMAP	CVSM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	10.99%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	10.99%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	10.99%	—

SMAP vs. CVSM - Expense Ratio Comparison

SMAP has a 0.60% expense ratio, which is higher than CVSM's 0.55% expense ratio.

Dividends

SMAP vs. CVSM - Dividend Comparison

SMAP's dividend yield for the trailing twelve months is around 0.32%, more than CVSM's 0.23% yield.

Position	TTM	2025	2024
CVSM CresAlta Small & Mid-Cap ETF	0.23%	0.00%	0.00%
SMAP Amplify Small-Mid Cap Equity ETF	0.32%	0.48%	0.14%

Frequently Asked Questions

Can I hold both SMAP and CVSM in my portfolio?

SMAP and CVSM have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMAP or CVSM?

On fees, CVSM is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMAP or CVSM?

CVSM is cheaper with a 0.55% expense ratio, compared with 0.60% for SMAP.

Which ETF pays a higher dividend yield, SMAP or CVSM?

SMAP has the higher dividend yield at 0.32%, compared with 0.23% for CVSM.

What is the main difference between SMAP and CVSM?

They also come from different issuers: Amplify and CresAlta. Their fees differ too: 0.60% for SMAP and 0.55% for CVSM.