SMCO vs. ETHO

Last updated Jul 18, 2026

SMCO (Hilton Small-Midcap Opportunity ETF) and ETHO (Amplify Etho Climate Leadership U.S. ETF) are both Mid Cap Blend Equities funds. SMCO is actively managed, while ETHO is passively managed. Over the past year, SMCO returned 14.66% vs 34.18% for ETHO. Their correlation of 0.91 suggests significant overlap in exposure. SMCO charges 0.55%/yr vs 0.45%/yr for ETHO.

Performance

SMCO vs. ETHO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hilton Small-Midcap Opportunity ETF (SMCO) and Amplify Etho Climate Leadership U.S. ETF (ETHO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SMCO achieves a 11.61% return, which is significantly lower than ETHO's 21.47% return.

SMCO

• 1D: -0.81%
• 1M: 0.27%
• 6M: 4.09%
• YTD: 11.61%
• 1Y: 14.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETHO

• 1D: -0.80%
• 1M: 3.93%
• 6M: 15.83%
• YTD: 21.47%
• 1Y: 34.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMCO vs. ETHO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SMCO Hilton Small-Midcap Opportunity ETF	11.61%	6.46%	17.78%
ETHO Amplify Etho Climate Leadership U.S. ETF	21.47%	10.23%	11.21%

Correlation

The correlation between SMCO and ETHO is 0.90, 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	0.90
Correlation (All Time) Calculated using the full available price history since Jan 29, 2024	0.91

The correlation between SMCO and ETHO has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

Return for Risk

SMCO vs. ETHO — Risk / Return Rank

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

SMCO

SMCO Risk / Return Rank: 35
SMCO Sharpe Ratio Rank: 33
SMCO Sortino Ratio Rank: 33
SMCO Omega Ratio Rank: 31
SMCO Calmar Ratio Rank: 38
SMCO Martin Ratio Rank: 41

ETHO

ETHO Risk / Return Rank: 80
ETHO Sharpe Ratio Rank: 78
ETHO Sortino Ratio Rank: 78
ETHO Omega Ratio Rank: 71
ETHO Calmar Ratio Rank: 86
ETHO Martin Ratio Rank: 88

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.

SMCO vs. ETHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hilton Small-Midcap Opportunity ETF (SMCO) and Amplify Etho Climate Leadership U.S. ETF (ETHO). 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.

	SMCO	ETHO	Difference
Sharpe ratio: Return per unit of total volatility	0.92	1.94	-1.02
Sortino ratio: Return per unit of downside risk	1.41	2.76	-1.35
Omega ratio: Gain probability vs. loss probability	1.17	1.33	-0.16
Calmar ratio: Return relative to maximum drawdown	1.54	3.71	-2.17
Martin ratio: Return relative to average drawdown	5.04	14.37	-9.33

SMCO vs. ETHO - Sharpe Ratio Comparison

The current SMCO Sharpe Ratio is 0.92, which is lower than the ETHO Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of SMCO and ETHO, 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

SMCO vs. ETHO - Drawdown Comparison

The maximum SMCO drawdown since its inception was -22.71%, smaller than the maximum ETHO drawdown of -25.50%. Use the drawdown chart below to compare losses from any high point for SMCO and ETHO.

Drawdown Indicators

	SMCO	ETHO	Difference
Max Drawdown Largest peak-to-trough decline	-22.71%	-25.50%	+2.79%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-9.25%	-0.31%
Current Drawdown Current decline from peak	-3.50%	-1.61%	-1.89%
Average Drawdown Average peak-to-trough decline	-3.65%	-4.33%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.38%	+0.53%

Volatility

SMCO vs. ETHO - Volatility Comparison

The current volatility for Hilton Small-Midcap Opportunity ETF (SMCO) is 3.83%, while Amplify Etho Climate Leadership U.S. ETF (ETHO) has a volatility of 4.42%. This indicates that SMCO experiences smaller price fluctuations and is considered to be less risky than ETHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMCO	ETHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	4.42%	-0.59%
Volatility (6M) Calculated over the trailing 6-month period	12.09%	13.28%	-1.19%
Volatility (1Y) Calculated over the trailing 1-year period	16.08%	17.72%	-1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.08%	19.34%	-1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.08%	19.34%	-1.26%

SMCO vs. ETHO - Expense Ratio Comparison

SMCO has a 0.55% expense ratio, which is higher than ETHO's 0.45% expense ratio.

Dividends

SMCO vs. ETHO - Dividend Comparison

SMCO's dividend yield for the trailing twelve months is around 0.90%, more than ETHO's 0.70% yield.

Position	TTM	2025	2024	2023
ETHO Amplify Etho Climate Leadership U.S. ETF	0.70%	0.86%	0.69%	0.00%
SMCO Hilton Small-Midcap Opportunity ETF	0.90%	1.01%	0.47%	0.05%

Frequently Asked Questions

Can I hold both SMCO and ETHO in my portfolio?

With a correlation of 0.90, SMCO and ETHO 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, SMCO or ETHO?

ETHO has higher volatility (4.42%) compared to SMCO (3.83%). In terms of maximum drawdown, SMCO dropped -22.71% vs ETHO's -25.50%.

Which ETF is better, SMCO or ETHO?

On 1-year performance, ETHO leads with 34.18% vs 14.66% for SMCO. On fees, ETHO is cheaper at 0.45% per year. On volatility, SMCO has been the lower-risk option at 3.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SMCO or ETHO?

Over the 1-year period, ETHO has performed better with a 34.18% return vs 14.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SMCO or ETHO?

ETHO is cheaper with a 0.45% expense ratio, compared with 0.55% for SMCO.

Which ETF pays a higher dividend yield, SMCO or ETHO?

SMCO has the higher dividend yield at 0.90%, compared with 0.70% for ETHO.

What is the main difference between SMCO and ETHO?

They also come from different issuers: Hilton and Amplify. Their fees differ too: 0.55% for SMCO and 0.45% for ETHO.

Which has better risk-adjusted returns?

ETHO currently has the higher Sharpe Ratio (1.94 vs 0.92), 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.