SMR vs. HDV
SMR (NuScale Power Corporation) is a stock, while HDV (iShares Core High Dividend ETF) is Dividend fund tracking the Morningstar Dividend Yield Focus Index. Over the past 5 years, SMR returned 1.52%/yr vs 10.58%/yr for HDV. At a 0.15 correlation, their price movements are largely independent.
Performance
SMR vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, SMR achieves a -24.06% return, which is significantly lower than HDV's 13.23% return.
SMR
- 1D
- 2.48%
- 1M
- -14.26%
- YTD
- -24.06%
- 6M
- -50.09%
- 1Y
- -68.68%
- 3Y*
- 10.94%
- 5Y*
- 1.52%
- 10Y*
- —
HDV
- 1D
- -0.44%
- 1M
- 2.01%
- YTD
- 13.23%
- 6M
- 14.65%
- 1Y
- 21.13%
- 3Y*
- 14.75%
- 5Y*
- 10.58%
- 10Y*
- 9.21%
SMR vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SMR NuScale Power Corporation | -24.06% | -20.97% | 444.98% | -67.93% | 2.29% | -0.89% | 1.71% |
HDV iShares Core High Dividend ETF | 13.23% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -2.39% |
Correlation
The correlation between SMR and HDV is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020 | 0.15 |
The correlation between SMR and HDV shifts across timeframes, from -0.09 (1 year) to 0.16 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SMR vs. HDV — Risk / Return Rank
SMR
HDV
SMR vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NuScale Power Corporation (SMR) and iShares Core High Dividend ETF (HDV). 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.
| SMR | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.85 | ||
| Sortino ratioReturn per unit of downside risk | -4.13 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.38 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | 4.10 | -4.93 |
| Martin ratioReturn relative to average drawdown | -1.22 | 11.37 | -12.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SMR | HDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.66 | 2.19 | -2.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.83 | -0.81 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 0.72 | -0.71 |
Drawdowns
SMR vs. HDV - Drawdown Comparison
The maximum SMR drawdown since its inception was -87.47%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for SMR and HDV.
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Drawdown Indicators
| SMR | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.47% | -37.04% | -50.43% |
Max Drawdown (1Y)Largest decline over 1 year | -82.86% | -5.18% | -77.68% |
Max Drawdown (3Y)Largest decline over 3 years | -82.86% | -10.49% | -72.37% |
Max Drawdown (5Y)Largest decline over 5 years | -87.47% | -15.42% | -72.05% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -79.86% | -2.08% | -77.78% |
Average DrawdownAverage peak-to-trough decline | -34.97% | -3.09% | -31.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 56.46% | 1.86% | +54.60% |
Volatility
SMR vs. HDV - Volatility Comparison
NuScale Power Corporation (SMR) has a higher volatility of 29.21% compared to iShares Core High Dividend ETF (HDV) at 3.08%. This indicates that SMR's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMR | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.21% | 3.08% | +26.13% |
Volatility (6M)Calculated over the trailing 6-month period | 69.12% | 7.51% | +61.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 104.37% | 9.71% | +94.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 93.41% | 12.82% | +80.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 89.34% | 15.73% | +73.61% |
Dividends
SMR vs. HDV - Dividend Comparison
SMR has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 2.89% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
SMR NuScale Power Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SMR and HDV have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMR has higher volatility (29.21%) compared to HDV (3.08%). In terms of maximum drawdown, SMR dropped -87.47% vs HDV's -37.04%.
HDV currently has the higher Sharpe Ratio (2.19 vs -0.66), 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.
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