SMCF vs. TSCV

Last updated Jun 4, 2026

SMCF (Themes US Small Cap Cash Flow Champions ETF) and TSCV (Thrivent Small Cap Value ETF) are both Small Cap Value Equities funds. SMCF is passively managed, while TSCV is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. SMCF charges 0.29%/yr vs 0.60%/yr for TSCV.

Performance

SMCF vs. TSCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes US Small Cap Cash Flow Champions ETF (SMCF) and Thrivent Small Cap Value ETF (TSCV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMCF achieves a 13.75% return, which is significantly lower than TSCV's 15.89% return.

SMCF

• 1D: -1.14%
• 1M: -1.09%
• YTD: 13.75%
• 6M: 13.63%
• 1Y: 32.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSCV

• 1D: -0.29%
• 1M: 1.16%
• YTD: 15.89%
• 6M: 14.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMCF vs. TSCV - Yearly Performance Comparison

	2026 (YTD)	2025
SMCF Themes US Small Cap Cash Flow Champions ETF	13.75%	6.30%
TSCV Thrivent Small Cap Value ETF	15.89%	6.24%

Correlation

The correlation between SMCF and TSCV 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 (All Time) Calculated using the full available price history since Nov 18, 2025	0.81

Return for Risk

SMCF vs. TSCV — Risk / Return Rank

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

SMCF

SMCF Risk / Return Rank: 67
SMCF Sharpe Ratio Rank: 61
SMCF Sortino Ratio Rank: 63
SMCF Omega Ratio Rank: 59
SMCF Calmar Ratio Rank: 85
SMCF Martin Ratio Rank: 68

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.

SMCF vs. TSCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes US Small Cap Cash Flow Champions ETF (SMCF) and Thrivent Small Cap Value ETF (TSCV). 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.

	SMCF	TSCV	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.95	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	4.63	—	—
Martin ratio: Return relative to average drawdown	12.46	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SMCF	TSCV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	2.84	-1.93

Drawdowns

SMCF vs. TSCV - Drawdown Comparison

The maximum SMCF drawdown since its inception was -28.48%, which is greater than TSCV's maximum drawdown of -10.17%. Use the drawdown chart below to compare losses from any high point for SMCF and TSCV.

Drawdown Indicators

	SMCF	TSCV	Difference
Max Drawdown Largest peak-to-trough decline	-28.48%	-10.17%	-18.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	—	—
Current Drawdown Current decline from peak	-2.44%	-0.70%	-1.74%
Average Drawdown Average peak-to-trough decline	-5.29%	-2.11%	-3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	—	—

Volatility

Volatility by Period

	SMCF	TSCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.18%	16.80%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.31%	16.80%	+3.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.31%	16.80%	+3.51%

SMCF vs. TSCV - Expense Ratio Comparison

SMCF has a 0.29% expense ratio, which is lower than TSCV's 0.60% expense ratio.

Dividends

SMCF vs. TSCV - Dividend Comparison

SMCF's dividend yield for the trailing twelve months is around 3.44%, more than TSCV's 0.24% yield.

Position	TTM	2025	2024
SMCF Themes US Small Cap Cash Flow Champions ETF	3.44%	3.91%	0.61%
TSCV Thrivent Small Cap Value ETF	0.24%	0.28%	0.00%

Frequently Asked Questions

Can I hold both SMCF and TSCV in my portfolio?

SMCF and TSCV 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 ETF is better, SMCF or TSCV?

On fees, SMCF is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMCF or TSCV?

SMCF is cheaper with a 0.29% expense ratio, compared with 0.60% for TSCV.

Which ETF pays a higher dividend yield, SMCF or TSCV?

SMCF has the higher dividend yield at 3.44%, compared with 0.24% for TSCV.

What is the main difference between SMCF and TSCV?

They also come from different issuers: Themes and Thrivent. Their fees differ too: 0.29% for SMCF and 0.60% for TSCV.