SMID vs. VXF

Last updated Apr 2, 2026

Compare and contrast key facts about Smith-Midland Corporation (SMID) and Vanguard Extended Market ETF (VXF).

VXF is a passively managed fund by Vanguard that tracks the performance of the S&P Completion Index. It was launched on Dec 27, 2001.

Performance

SMID vs. VXF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Smith-Midland Corporation (SMID) and Vanguard Extended Market ETF (VXF). The values are adjusted to include any dividend payments, if applicable.

SMID vs. VXF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SMID Smith-Midland Corporation	-20.28%	-18.26%	12.56%	92.68%	-56.38%	397.35%	57.50%	-18.98%	9.99%	29.02%
VXF Vanguard Extended Market ETF	-0.59%	11.40%	16.89%	25.51%	-26.52%	12.31%	32.45%	27.96%	-9.34%	18.06%

Returns By Period

In the year-to-date period, SMID achieves a -20.28% return, which is significantly lower than VXF's -0.59% return. Over the past 10 years, SMID has outperformed VXF with an annualized return of 28.26%, while VXF has yielded a comparatively lower 11.00% annualized return.

SMID

• 1D: -10.94%
• 1M: -27.25%
• YTD: -20.28%
• 6M: -21.21%
• 1Y: -13.13%
• 3Y*: 15.59%
• 5Y*: 17.86%
• 10Y*: 28.26%

VXF

• 1D: 0.69%
• 1M: -4.65%
• YTD: -0.59%
• 6M: -0.70%
• 1Y: 21.08%
• 3Y*: 15.35%
• 5Y*: 4.13%
• 10Y*: 11.00%

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

Return for Risk

SMID vs. VXF — Risk / Return Rank

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

SMID

SMID Risk / Return Rank: 32
SMID Sharpe Ratio Rank: 30
SMID Sortino Ratio Rank: 30
SMID Omega Ratio Rank: 31
SMID Calmar Ratio Rank: 35
SMID Martin Ratio Rank: 34

VXF

VXF Risk / Return Rank: 53
VXF Sharpe Ratio Rank: 48
VXF Sortino Ratio Rank: 51
VXF Omega Ratio Rank: 48
VXF Calmar Ratio Rank: 56
VXF Martin Ratio Rank: 59

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.

SMID vs. VXF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) and Vanguard Extended Market ETF (VXF). 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.

	SMID	VXF	Difference
Sharpe ratio Return per unit of total volatility	-0.22	0.92	-1.14
Sortino ratio Return per unit of downside risk	0.09	1.42	-1.33
Omega ratio Gain probability vs. loss probability	1.01	1.19	-0.18
Calmar ratio Return relative to maximum drawdown	-0.17	1.48	-1.65
Martin ratio Return relative to average drawdown	-0.45	6.06	-6.51
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SMID vs. VXF - Sharpe Ratio Comparison

The current SMID Sharpe Ratio is -0.22, which is lower than the VXF Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of SMID and VXF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SMID	VXF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	0.92	-1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.19	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.50	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.43	+0.03

Correlation

The correlation between SMID and VXF is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SMID vs. VXF - Dividend Comparison

SMID has not paid dividends to shareholders, while VXF's dividend yield for the trailing twelve months is around 1.17%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SMID Smith-Midland Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.92%	0.74%	0.73%	0.19%	0.00%
VXF Vanguard Extended Market ETF	1.17%	1.14%	1.09%	1.27%	1.15%	1.13%	1.07%	1.30%	1.66%	1.25%	1.43%	1.35%

Drawdowns

SMID vs. VXF - Drawdown Comparison

The maximum SMID drawdown since its inception was -72.37%, which is greater than VXF's maximum drawdown of -58.03%. Use the drawdown chart below to compare losses from any high point for SMID and VXF.

Drawdown Indicators

	SMID	VXF	Difference
Max Drawdown Largest peak-to-trough decline	-72.37%	-58.03%	-14.34%
Max Drawdown (1Y) Largest decline over 1 year	-39.29%	-14.68%	-24.61%
Max Drawdown (5Y) Largest decline over 5 years	-72.37%	-36.39%	-35.98%
Max Drawdown (10Y) Largest decline over 10 years	-72.37%	-41.72%	-30.65%
Current Drawdown Current decline from peak	-42.09%	-6.47%	-35.62%
Average Drawdown Average peak-to-trough decline	-27.35%	-9.61%	-17.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.06%	3.59%	+11.47%

Volatility

SMID vs. VXF - Volatility Comparison

Smith-Midland Corporation (SMID) has a higher volatility of 24.95% compared to Vanguard Extended Market ETF (VXF) at 6.89%. This indicates that SMID's price experiences larger fluctuations and is considered to be riskier than VXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SMID	VXF	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.95%	6.89%	+18.06%
Volatility (6M) Calculated over the trailing 6-month period	38.22%	13.50%	+24.72%
Volatility (1Y) Calculated over the trailing 1-year period	60.63%	23.05%	+37.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.99%	22.35%	+42.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.03%	22.25%	+31.78%