SMIG vs. COMB
SMIG (Bahl & Gaynor Small/Mid Cap Income Growth ETF) and COMB (GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF) are both exchange-traded funds - SMIG is a Small Cap Value Equities fund actively managed by Bahl & Gaynor, while COMB is a Commodities fund actively managed by GraniteShares. Both are actively managed. Over the past 3 years, SMIG returned 13.46%/yr vs 11.95%/yr for COMB. At a 0.16 correlation, their price movements are largely independent. SMIG charges 0.60%/yr vs 0.25%/yr for COMB.
Performance
SMIG vs. COMB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SMIG achieves a 16.37% return, which is significantly lower than COMB's 17.53% return.
SMIG
- 1D
- 0.51%
- 1M
- 3.35%
- 6M
- 13.15%
- YTD
- 16.37%
- 1Y
- 15.57%
- 3Y*
- 13.46%
- 5Y*
- —
- 10Y*
- —
COMB
- 1D
- 0.00%
- 1M
- -1.59%
- 6M
- 14.82%
- YTD
- 17.53%
- 1Y
- 25.91%
- 3Y*
- 11.95%
- 5Y*
- 9.83%
- 10Y*
- —
SMIG vs. COMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF | 16.37% | 0.78% | 17.63% | 13.62% | -11.83% | 5.23% |
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | 17.53% | 15.12% | 5.24% | -7.75% | 14.56% | 4.87% |
Correlation
The correlation between SMIG and COMB is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 26, 2021 | 0.16 |
The correlation between SMIG and COMB shifts across timeframes, from -0.07 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
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
SMIG vs. COMB — Risk / Return Rank
SMIG
COMB
SMIG vs. COMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB). 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.
| SMIG | COMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.82 | -0.08 |
| Martin ratioReturn relative to average drawdown | 4.53 | 6.14 | -1.61 |
Loading charts...
Drawdowns
SMIG vs. COMB - Drawdown Comparison
The maximum SMIG drawdown since its inception was -19.65%, smaller than the maximum COMB drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for SMIG and COMB.
Loading charts...
Drawdown Indicators
| SMIG | COMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.65% | -33.50% | +13.85% |
Max Drawdown (1Y)Largest decline over 1 year | -8.52% | -14.84% | +6.32% |
Max Drawdown (3Y)Largest decline over 3 years | -19.23% | -14.84% | -4.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.63% | — |
Current DrawdownCurrent decline from peak | 0.00% | -11.35% | +11.35% |
Average DrawdownAverage peak-to-trough decline | -6.42% | -12.05% | +5.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 4.40% | -1.13% |
Volatility
SMIG vs. COMB - Volatility Comparison
The current volatility for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is 2.88%, while GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) has a volatility of 4.24%. This indicates that SMIG experiences smaller price fluctuations and is considered to be less risky than COMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SMIG | COMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 4.24% | -1.36% |
Volatility (6M)Calculated over the trailing 6-month period | 8.45% | 15.09% | -6.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.95% | 17.38% | -5.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.10% | 16.69% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.10% | 15.15% | +0.95% |
SMIG vs. COMB - Expense Ratio Comparison
SMIG has a 0.60% expense ratio, which is higher than COMB's 0.25% expense ratio.
Dividends
SMIG vs. COMB - Dividend Comparison
SMIG's dividend yield for the trailing twelve months is around 1.67%, less than COMB's 7.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
COMB GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF | 7.70% | 9.05% | 2.48% | 6.57% | 30.85% | 15.83% | 0.07% | 1.48% | 0.97% | 0.20% |
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF | 1.67% | 1.82% | 1.75% | 1.91% | 2.00% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SMIG and COMB have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COMB has higher volatility (4.24%) compared to SMIG (2.88%). In terms of maximum drawdown, SMIG dropped -19.65% vs COMB's -33.50%.
On 3-year performance, SMIG leads with 13.46% vs 11.95% for COMB. On fees, COMB is cheaper at 0.25% per year. On volatility, SMIG has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SMIG has performed better with a 13.46% return vs 11.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
COMB is cheaper with a 0.25% expense ratio, compared with 0.60% for SMIG.
COMB has the higher dividend yield at 7.70%, compared with 1.67% for SMIG.
SMIG is categorized as Small Cap Value Equities, while COMB is Commodities. They also come from different issuers: Bahl & Gaynor and GraniteShares. Their fees differ too: 0.60% for SMIG and 0.25% for COMB.
COMB currently has the higher Sharpe Ratio (1.56 vs 1.24), 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 SMIG and COMB
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