SMCF vs. URAN

Last updated Aug 4, 2026

SMCF (Themes US Small Cap Cash Flow Champions ETF) and URAN (Themes Uranium & Nuclear ETF) are both exchange-traded funds - SMCF is a Small Cap Value Equities fund tracking the Solactive US Small Cap Cash Flow Champions Index - Benchmark TR Gross, while URAN is a Uranium fund tracking the BITA Global Uranium and Nuclear Select Index. Both are passively managed. Over the past year, SMCF returned 37.67% vs 2.32% for URAN. Their 0.33 correlation means their historical movements had little consistent relationship. SMCF charges 0.29%/yr vs 0.35%/yr for URAN.

Performance

SMCF vs. URAN - 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 Themes Uranium & Nuclear ETF (URAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMCF achieves a 24.28% return, which is significantly higher than URAN's -10.15% return.

SMCF

• 1D: 0.91%
• 1M: 4.54%
• 6M: 16.69%
• YTD: 24.28%
• 1Y: 37.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.15%

URAN

• 1D: 2.57%
• 1M: -2.34%
• 6M: -22.93%
• YTD: -10.15%
• 1Y: 2.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SMCF Themes US Small Cap Cash Flow Champions ETF	$40.53K	$23.18K	$16.60K
URAN Themes Uranium & Nuclear ETF	$138.72K	$486.15K	$431.80K

SMCF vs. URAN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SMCF Themes US Small Cap Cash Flow Champions ETF	24.28%	9.56%	0.55%
URAN Themes Uranium & Nuclear ETF	-10.15%	49.05%	3.89%

Correlation

The correlation between SMCF and URAN is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.24
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.33

Return for Risk

SMCF vs. URAN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SMCF

SMCF Risk / Return Rank: 92
SMCF Sharpe Ratio Rank: 92
SMCF Sortino Ratio Rank: 93
SMCF Omega Ratio Rank: 91
SMCF Calmar Ratio Rank: 95
SMCF Martin Ratio Rank: 89

URAN

URAN Risk / Return Rank: 13
URAN Sharpe Ratio Rank: 12
URAN Sortino Ratio Rank: 14
URAN Omega Ratio Rank: 14
URAN Calmar Ratio Rank: 12
URAN Martin Ratio Rank: 12

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SMCF vs. URAN - 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 Themes Uranium & Nuclear ETF (URAN). 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.

	SMCF	URAN	Difference
Sharpe ratio: Return per unit of total volatility	2.48	0.06	+2.42
Sortino ratio: Return per unit of downside risk	3.55	0.37	+3.18
Omega ratio: Gain probability vs. loss probability	1.45	1.04	+0.40
Calmar ratio: Return relative to maximum drawdown	5.31	0.07	+5.24
Martin ratio: Return relative to average drawdown	14.66	0.13	+14.52

SMCF vs. URAN - Sharpe Ratio Comparison

The current SMCF Sharpe Ratio is 2.48, which is higher than the URAN Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of SMCF and URAN, 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

SMCF vs. URAN - Drawdown Comparison

The maximum SMCF drawdown since its inception was -28.48%, smaller than the maximum URAN drawdown of -35.21%. Use the drawdown chart below to compare losses from any high point for SMCF and URAN.

Drawdown Indicators

	SMCF	URAN	Difference
Max Drawdown Largest peak-to-trough decline	-28.48%	-35.21%	+6.73%
Max Drawdown (1Y) Largest decline over 1 year	-7.13%	-35.21%	+28.08%
Current Drawdown Current decline from peak	-0.10%	-31.80%	+31.70%
Average Drawdown Average peak-to-trough decline	-4.99%	-12.42%	+7.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	17.48%	-14.90%

Volatility

SMCF vs. URAN - Volatility Comparison

The current volatility for Themes US Small Cap Cash Flow Champions ETF (SMCF) is 3.33%, while Themes Uranium & Nuclear ETF (URAN) has a volatility of 9.88%. This indicates that SMCF experiences smaller price fluctuations and is considered to be less risky than URAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMCF	URAN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	9.88%	-6.55%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	28.60%	-19.53%
Volatility (1Y) Calculated over the trailing 1-year period	15.27%	40.15%	-24.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	38.93%	-19.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.89%	38.93%	-19.04%

SMCF vs. URAN - Expense Ratio Comparison

SMCF has a 0.29% expense ratio, which is lower than URAN's 0.35% expense ratio.

Dividends

SMCF vs. URAN - Dividend Comparison

SMCF's dividend yield for the trailing twelve months is around 3.15%, more than URAN's 2.85% yield.

Position	TTM	2025	2024
SMCF Themes US Small Cap Cash Flow Champions ETF	3.15%	3.91%	0.61%
URAN Themes Uranium & Nuclear ETF	2.85%	2.56%	0.21%

Frequently Asked Questions

Can I hold both SMCF and URAN in my portfolio?

SMCF and URAN 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 is riskier, SMCF or URAN?

URAN has higher volatility (9.88%) compared to SMCF (3.33%). In terms of maximum drawdown, SMCF dropped -28.48% vs URAN's -35.21%.

Which ETF is better, SMCF or URAN?

On 1-year performance, SMCF leads with 37.67% vs 2.32% for URAN. On fees, SMCF is cheaper at 0.29% per year. On volatility, SMCF has been the lower-risk option at 3.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SMCF or URAN?

Over the 1-year period, SMCF has performed better with a 37.67% return vs 2.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SMCF or URAN?

SMCF is cheaper with a 0.29% expense ratio, compared with 0.35% for URAN.

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

SMCF has the higher dividend yield at 3.15%, compared with 2.85% for URAN.

What is the main difference between SMCF and URAN?

SMCF is categorized as Small Cap Value Equities, while URAN is Uranium. SMCF tracks Solactive US Small Cap Cash Flow Champions Index - Benchmark TR Gross, while URAN tracks BITA Global Uranium and Nuclear Select Index. Their fees differ too: 0.29% for SMCF and 0.35% for URAN.

Which has better risk-adjusted returns?

SMCF currently has the higher Sharpe Ratio (2.48 vs 0.06), 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.