SMDV vs. ABLS
SMDV (ProShares Russell 2000 Dividend Growers ETF) and ABLS (Abacus FCF Small Cap Leaders ETF) are both Small Cap Blend Equities funds - SMDV tracks the Russell 2000 Dividend Growth Index while ABLS tracks the Abacus FCF Small Cap Leaders Index. Both are passively managed. Over the past year, SMDV returned 23.79% vs 14.54% for ABLS. Their 0.66 correlation means they have sometimes moved together and sometimes differently. SMDV charges 0.40%/yr vs 0.39%/yr for ABLS.
Performance
SMDV vs. ABLS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMDV achieves a 18.11% return, which is significantly higher than ABLS's 13.73% return.
SMDV
- 1D
- -0.18%
- 1M
- 0.26%
- 6M
- 10.74%
- YTD
- 18.11%
- 1Y
- 23.79%
- 3Y*
- 10.63%
- 5Y*
- 6.99%
- 10Y*
- 7.53%
- ALL TIME*
- 8.24%
ABLS
- 1D
- -0.53%
- 1M
- -3.94%
- 6M
- 16.41%
- YTD
- 13.73%
- 1Y
- 14.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.62%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $105.10K | $83.71K | $40.86K | |
| $4.61M | $5.90M | $3.47M |
SMDV vs. ABLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SMDV ProShares Russell 2000 Dividend Growers ETF | 18.11% | -2.92% |
ABLS Abacus FCF Small Cap Leaders ETF | 13.73% | -8.72% |
Correlation
The correlation between SMDV and ABLS is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2025 | 0.66 |
The correlation between SMDV and ABLS has been stable across timeframes, ranging from 0.59 to 0.66 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SMDV vs. ABLS — Risk / Return Rank
SMDV
ABLS
SMDV vs. ABLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Russell 2000 Dividend Growers ETF (SMDV) and Abacus FCF Small Cap Leaders ETF (ABLS). 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.
| SMDV | ABLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.12 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 0.76 | +1.53 |
| Martin ratioReturn relative to average drawdown | 7.27 | 2.11 | +5.16 |
Loading charts...
Drawdowns
SMDV vs. ABLS - Drawdown Comparison
The maximum SMDV drawdown since its inception was -34.12%, which is greater than ABLS's maximum drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for SMDV and ABLS.
Loading charts...
Drawdown Indicators
| SMDV | ABLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.12% | -19.28% | -14.84% |
Max Drawdown (1Y)Largest decline over 1 year | -9.79% | -16.19% | +6.40% |
Max Drawdown (3Y)Largest decline over 3 years | -21.23% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.12% | — | — |
Current DrawdownCurrent decline from peak | -2.36% | -4.68% | +2.32% |
Average DrawdownAverage peak-to-trough decline | -5.87% | -7.79% | +1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 5.84% | -2.75% |
Volatility
SMDV vs. ABLS - Volatility Comparison
The current volatility for ProShares Russell 2000 Dividend Growers ETF (SMDV) is 4.40%, while Abacus FCF Small Cap Leaders ETF (ABLS) has a volatility of 5.51%. This indicates that SMDV experiences smaller price fluctuations and is considered to be less risky than ABLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SMDV | ABLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 5.51% | -1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 13.54% | -3.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.45% | 18.35% | -2.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.56% | 21.05% | -2.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.75% | 21.05% | -0.30% |
SMDV vs. ABLS - Expense Ratio Comparison
SMDV has a 0.40% expense ratio, which is higher than ABLS's 0.39% expense ratio.
Dividends
SMDV vs. ABLS - Dividend Comparison
SMDV's dividend yield for the trailing twelve months is around 2.29%, less than ABLS's 12.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABLS Abacus FCF Small Cap Leaders ETF | 12.66% | 14.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMDV ProShares Russell 2000 Dividend Growers ETF | 2.29% | 2.67% | 2.68% | 2.69% | 2.51% | 2.02% | 2.13% | 2.03% | 1.97% | 1.84% | 1.35% | 1.81% |
Frequently Asked Questions
SMDV and ABLS have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABLS has higher volatility (5.51%) compared to SMDV (4.40%). In terms of maximum drawdown, SMDV dropped -34.12% vs ABLS's -19.28%.
On 1-year performance, SMDV leads with 23.79% vs 14.54% for ABLS. On fees, ABLS is cheaper at 0.39% per year. On volatility, SMDV has been the lower-risk option at 4.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SMDV has performed better with a 23.79% return vs 14.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ABLS is cheaper with a 0.39% expense ratio, compared with 0.40% for SMDV.
ABLS has the higher dividend yield at 12.66%, compared with 2.29% for SMDV.
SMDV tracks Russell 2000 Dividend Growth Index, while ABLS tracks Abacus FCF Small Cap Leaders Index. They also come from different issuers: ProShares and Abacus. Their fees differ too: 0.40% for SMDV and 0.39% for ABLS.
SMDV currently has the higher Sharpe Ratio (1.46 vs 0.68), 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.
Find the right allocation for SMDV and ABLS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer