SMMV vs. DUSG

Last updated Jul 17, 2026

SMMV (iShares MSCI USA Small-Cap Min Vol Factor ETF) and DUSG (Dimensional U.S. Small Cap Growth ETF) are both Small Cap Growth Equities funds. SMMV is passively managed, while DUSG is actively managed. At a 0.42 correlation, their price movements are largely independent. SMMV charges 0.20%/yr vs 0.32%/yr for DUSG.

Performance

SMMV vs. DUSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and Dimensional U.S. Small Cap Growth ETF (DUSG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMMV

• 1D: 1.45%
• 1M: 5.33%
• 6M: 6.01%
• YTD: 9.45%
• 1Y: 14.73%
• 3Y*: 12.84%
• 5Y*: 6.69%
• 10Y*: —

DUSG

• 1D: 0.69%
• 1M: 0.55%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMMV vs. DUSG - Yearly Performance Comparison

	2026 (YTD)
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	5.24%
DUSG Dimensional U.S. Small Cap Growth ETF	3.37%

Correlation

The correlation between SMMV and DUSG is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 6, 2026	0.42

Return for Risk

SMMV vs. DUSG — Risk / Return Rank

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

SMMV

SMMV Risk / Return Rank: 54
SMMV Sharpe Ratio Rank: 54
SMMV Sortino Ratio Rank: 61
SMMV Omega Ratio Rank: 53
SMMV Calmar Ratio Rank: 52
SMMV Martin Ratio Rank: 48

DUSG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

SMMV vs. DUSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and Dimensional U.S. Small Cap Growth ETF (DUSG). 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.

	SMMV	DUSG	Difference
Sharpe ratio: Return per unit of total volatility	1.50	—	—
Sortino ratio: Return per unit of downside risk	2.30	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	2.11	—	—
Martin ratio: Return relative to average drawdown	6.40	—	—

Drawdowns

SMMV vs. DUSG - Drawdown Comparison

The maximum SMMV drawdown since its inception was -38.77%, which is greater than DUSG's maximum drawdown of -4.19%. Use the drawdown chart below to compare losses from any high point for SMMV and DUSG.

Drawdown Indicators

	SMMV	DUSG	Difference
Max Drawdown Largest peak-to-trough decline	-38.77%	-4.19%	-34.58%
Max Drawdown (1Y) Largest decline over 1 year	-7.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.00%	—	—
Current Drawdown Current decline from peak	0.00%	-1.66%	+1.66%
Average Drawdown Average peak-to-trough decline	-5.06%	-1.14%	-3.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	—	—

Volatility

Volatility by Period

	SMMV	DUSG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.84%	14.63%	-4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.48%	14.63%	-1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.64%	14.63%	+1.01%

SMMV vs. DUSG - Expense Ratio Comparison

SMMV has a 0.20% expense ratio, which is lower than DUSG's 0.32% expense ratio.

Dividends

SMMV vs. DUSG - Dividend Comparison

SMMV's dividend yield for the trailing twelve months is around 1.65%, more than DUSG's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DUSG Dimensional U.S. Small Cap Growth ETF	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	1.65%	1.77%	1.76%	2.30%	1.67%	1.08%	1.39%	1.64%	1.72%	1.63%	0.79%

Frequently Asked Questions

Can I hold both SMMV and DUSG in my portfolio?

SMMV and DUSG have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMMV or DUSG?

On fees, SMMV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMMV or DUSG?

SMMV is cheaper with a 0.20% expense ratio, compared with 0.32% for DUSG.

Which ETF pays a higher dividend yield, SMMV or DUSG?

SMMV has the higher dividend yield at 1.65%, compared with 0.14% for DUSG.

What is the main difference between SMMV and DUSG?

They also come from different issuers: iShares and Dimensional Fund Advisors. Their fees differ too: 0.20% for SMMV and 0.32% for DUSG.