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SMDV vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SMDV and SPY is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

SMDV vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Russell 2000 Dividend Growers ETF (SMDV) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
96.10%
218.93%
SMDV
SPY

Key characteristics

Sharpe Ratio

SMDV:

0.22

SPY:

0.51

Sortino Ratio

SMDV:

0.49

SPY:

0.86

Omega Ratio

SMDV:

1.06

SPY:

1.13

Calmar Ratio

SMDV:

0.22

SPY:

0.55

Martin Ratio

SMDV:

0.61

SPY:

2.26

Ulcer Index

SMDV:

7.64%

SPY:

4.55%

Daily Std Dev

SMDV:

20.66%

SPY:

20.08%

Max Drawdown

SMDV:

-34.12%

SPY:

-55.19%

Current Drawdown

SMDV:

-15.84%

SPY:

-9.89%

Returns By Period

In the year-to-date period, SMDV achieves a -6.37% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, SMDV has underperformed SPY with an annualized return of 6.93%, while SPY has yielded a comparatively higher 11.99% annualized return.


SMDV

YTD

-6.37%

1M

-4.88%

6M

-6.15%

1Y

5.57%

5Y*

9.31%

10Y*

6.93%

SPY

YTD

-5.76%

1M

-3.16%

6M

-4.30%

1Y

10.76%

5Y*

15.96%

10Y*

11.99%

*Annualized

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SMDV vs. SPY - Expense Ratio Comparison

SMDV has a 0.40% expense ratio, which is higher than SPY's 0.09% expense ratio.


Expense ratio chart for SMDV: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SMDV: 0.40%
Expense ratio chart for SPY: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPY: 0.09%

Risk-Adjusted Performance

SMDV vs. SPY — Risk-Adjusted Performance Rank

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

SMDV
The Risk-Adjusted Performance Rank of SMDV is 3636
Overall Rank
The Sharpe Ratio Rank of SMDV is 3535
Sharpe Ratio Rank
The Sortino Ratio Rank of SMDV is 3838
Sortino Ratio Rank
The Omega Ratio Rank of SMDV is 3434
Omega Ratio Rank
The Calmar Ratio Rank of SMDV is 3939
Calmar Ratio Rank
The Martin Ratio Rank of SMDV is 3333
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6161
Overall Rank
The Sharpe Ratio Rank of SPY is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 5858
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6161
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6464
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SMDV vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Russell 2000 Dividend Growers ETF (SMDV) and SPDR S&P 500 ETF (SPY). 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.


The chart of Sharpe ratio for SMDV, currently valued at 0.22, compared to the broader market-1.000.001.002.003.004.00
SMDV: 0.22
SPY: 0.51
The chart of Sortino ratio for SMDV, currently valued at 0.49, compared to the broader market-2.000.002.004.006.008.00
SMDV: 0.49
SPY: 0.86
The chart of Omega ratio for SMDV, currently valued at 1.06, compared to the broader market0.501.001.502.002.50
SMDV: 1.06
SPY: 1.13
The chart of Calmar ratio for SMDV, currently valued at 0.22, compared to the broader market0.002.004.006.008.0010.0012.00
SMDV: 0.22
SPY: 0.55
The chart of Martin ratio for SMDV, currently valued at 0.61, compared to the broader market0.0020.0040.0060.00
SMDV: 0.61
SPY: 2.26

The current SMDV Sharpe Ratio is 0.22, which is lower than the SPY Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of SMDV and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.22
0.51
SMDV
SPY

Dividends

SMDV vs. SPY - Dividend Comparison

SMDV's dividend yield for the trailing twelve months is around 3.00%, more than SPY's 1.30% yield.


TTM20242023202220212020201920182017201620152014
SMDV
ProShares Russell 2000 Dividend Growers ETF
3.00%2.68%2.69%2.51%2.02%2.13%2.03%1.97%1.84%1.08%1.47%0.00%
SPY
SPDR S&P 500 ETF
1.30%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

SMDV vs. SPY - Drawdown Comparison

The maximum SMDV drawdown since its inception was -34.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SMDV and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-15.84%
-9.89%
SMDV
SPY

Volatility

SMDV vs. SPY - Volatility Comparison

The current volatility for ProShares Russell 2000 Dividend Growers ETF (SMDV) is 9.61%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that SMDV experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
9.61%
15.12%
SMDV
SPY