SMMV vs. XMU.TO
Compare and contrast key facts about iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and iShares MSCI Min Vol USA Index ETF (XMU.TO).
SMMV and XMU.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Small Cap Minimum Volatility (USD) Index. It was launched on Sep 7, 2016. XMU.TO is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Jul 24, 2012. Both SMMV and XMU.TO 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: SMMV or XMU.TO.
Key characteristics
| SMMV | XMU.TO | |
|---|---|---|
| YTD Return | 24.84% | 27.18% |
| 1Y Return | 35.57% | 28.56% |
| 3Y Return (Ann) | 5.52% | 10.30% |
| 5Y Return (Ann) | 6.60% | 9.86% |
| Sharpe Ratio | 2.99 | 3.68 |
| Sortino Ratio | 4.40 | 5.91 |
| Omega Ratio | 1.56 | 1.77 |
| Calmar Ratio | 2.69 | 9.33 |
| Martin Ratio | 22.64 | 28.24 |
| Ulcer Index | 1.60% | 1.05% |
| Daily Std Dev | 12.14% | 8.03% |
| Max Drawdown | -38.77% | -27.31% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SMMV and XMU.TO is 0.70, 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.
Performance
SMMV vs. XMU.TO - Performance Comparison
In the year-to-date period, SMMV achieves a 24.84% return, which is significantly lower than XMU.TO's 27.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SMMV vs. XMU.TO - Expense Ratio Comparison
SMMV has a 0.20% expense ratio, which is lower than XMU.TO's 0.33% expense ratio.
Risk-Adjusted Performance
SMMV vs. XMU.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and iShares MSCI Min Vol USA Index ETF (XMU.TO). 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
SMMV vs. XMU.TO - Dividend Comparison
SMMV's dividend yield for the trailing twelve months is around 1.47%, more than XMU.TO's 1.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF | 1.47% | 1.78% | 1.67% | 1.07% | 1.39% | 1.65% | 1.72% | 1.62% | 0.79% | 0.00% | 0.00% | 0.00% |
XMU.TO iShares MSCI Min Vol USA Index ETF | 1.13% | 1.41% | 1.17% | 1.06% | 1.68% | 1.44% | 1.48% | 1.59% | 1.83% | 1.43% | 4.96% | 1.30% |
Drawdowns
SMMV vs. XMU.TO - Drawdown Comparison
The maximum SMMV drawdown since its inception was -38.77%, which is greater than XMU.TO's maximum drawdown of -27.31%. Use the drawdown chart below to compare losses from any high point for SMMV and XMU.TO. For additional features, visit the drawdowns tool.
Volatility
SMMV vs. XMU.TO - Volatility Comparison
iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) has a higher volatility of 4.58% compared to iShares MSCI Min Vol USA Index ETF (XMU.TO) at 3.23%. This indicates that SMMV's price experiences larger fluctuations and is considered to be riskier than XMU.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.