SMLF vs. LGLV
Compare and contrast key facts about iShares MSCI USA Small-Cap Multifactor ETF (SMLF) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV).
SMLF and LGLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMLF is a passively managed fund by iShares that tracks the performance of the MSCI USA Small Cap Diversified Multi-Factor. It was launched on Apr 28, 2015. LGLV is a passively managed fund by State Street that tracks the performance of the SSGA US Large Cap Low Volatility (TR). It was launched on Feb 20, 2013. Both SMLF and LGLV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMLF or LGLV.
Correlation
The correlation between SMLF and LGLV is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SMLF vs. LGLV - Performance Comparison
Key characteristics
SMLF:
0.14
LGLV:
1.15
SMLF:
0.37
LGLV:
1.62
SMLF:
1.05
LGLV:
1.23
SMLF:
0.13
LGLV:
1.49
SMLF:
0.42
LGLV:
5.24
SMLF:
7.99%
LGLV:
2.90%
SMLF:
23.59%
LGLV:
13.23%
SMLF:
-41.89%
LGLV:
-36.64%
SMLF:
-16.62%
LGLV:
-3.41%
Returns By Period
In the year-to-date period, SMLF achieves a -8.81% return, which is significantly lower than LGLV's 3.26% return. Over the past 10 years, SMLF has underperformed LGLV with an annualized return of 9.40%, while LGLV has yielded a comparatively higher 11.58% annualized return.
SMLF
-8.81%
-1.33%
-7.43%
2.14%
14.47%
9.40%
LGLV
3.26%
-1.33%
1.59%
15.03%
13.86%
11.58%
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SMLF vs. LGLV - Expense Ratio Comparison
SMLF has a 0.30% expense ratio, which is higher than LGLV's 0.12% expense ratio.
Risk-Adjusted Performance
SMLF vs. LGLV — Risk-Adjusted Performance Rank
SMLF
LGLV
SMLF vs. LGLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Small-Cap Multifactor ETF (SMLF) and SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV). 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.
Dividends
SMLF vs. LGLV - Dividend Comparison
SMLF's dividend yield for the trailing twelve months is around 1.46%, less than LGLV's 1.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMLF iShares MSCI USA Small-Cap Multifactor ETF | 1.46% | 1.33% | 1.13% | 1.23% | 1.07% | 1.32% | 1.39% | 1.16% | 0.93% | 0.78% | 0.79% | 0.00% |
LGLV SPDR SSGA US Large Cap Low Volatility Index ETF | 1.96% | 1.93% | 2.03% | 1.95% | 1.65% | 1.98% | 1.89% | 2.09% | 4.39% | 2.54% | 2.97% | 7.14% |
Drawdowns
SMLF vs. LGLV - Drawdown Comparison
The maximum SMLF drawdown since its inception was -41.89%, which is greater than LGLV's maximum drawdown of -36.64%. Use the drawdown chart below to compare losses from any high point for SMLF and LGLV. For additional features, visit the drawdowns tool.
Volatility
SMLF vs. LGLV - Volatility Comparison
iShares MSCI USA Small-Cap Multifactor ETF (SMLF) has a higher volatility of 15.16% compared to SPDR SSGA US Large Cap Low Volatility Index ETF (LGLV) at 9.22%. This indicates that SMLF's price experiences larger fluctuations and is considered to be riskier than LGLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.