SMRF vs. BLUC

Last updated Jul 17, 2026

SMRF (ALPS Nautilus SMR, Nuclear & Technology ETF) and BLUC (Bluemonte Large Cap Core ETF) are both exchange-traded funds - SMRF is a Actively Managed fund actively managed by ALPS, while BLUC is a Large Cap Blend Equities fund managed by Bluemonte. A 0.75 correlation means they provide meaningful diversification when combined. SMRF charges 0.65%/yr vs 0.23%/yr for BLUC.

Performance

SMRF vs. BLUC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) and Bluemonte Large Cap Core ETF (BLUC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMRF

• 1D: -4.82%
• 1M: -15.57%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLUC

• 1D: -0.78%
• 1M: 0.08%
• 6M: 8.41%
• YTD: 9.26%
• 1Y: 19.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMRF vs. BLUC - Yearly Performance Comparison

	2026 (YTD)
SMRF ALPS Nautilus SMR, Nuclear & Technology ETF	-9.65%
BLUC Bluemonte Large Cap Core ETF	10.59%

Correlation

The correlation between SMRF and BLUC is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	0.75

SMRF vs. BLUC - Sectors Allocation Comparison

Sectors	SMRF	BLUC
Energy	31.7%	2.4%
Technology	26.6%	42.4%
Utilities	20.3%	1.5%
Industrials	16.4%	7.1%
Communication Services	2.0%	12.9%
Basic Materials	1.6%	1.4%
Financial Services	0.5%	9.2%
Consumer Cyclical	-	10.5%
Consumer Defensive	-	3.7%
Healthcare	-	7.4%
Real Estate	-	1.6%

Return for Risk

SMRF vs. BLUC — Risk / Return Rank

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

SMRF

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

BLUC

BLUC Risk / Return Rank: 50
BLUC Sharpe Ratio Rank: 52
BLUC Sortino Ratio Rank: 50
BLUC Omega Ratio Rank: 50
BLUC Calmar Ratio Rank: 45
BLUC Martin Ratio Rank: 54

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.

SMRF vs. BLUC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) and Bluemonte Large Cap Core ETF (BLUC). 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.

	SMRF	BLUC	Difference
Sharpe ratio: Return per unit of total volatility	—	1.45	—
Sortino ratio: Return per unit of downside risk	—	2.02	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	1.86	—
Martin ratio: Return relative to average drawdown	—	7.31	—

Drawdowns

SMRF vs. BLUC - Drawdown Comparison

The maximum SMRF drawdown since its inception was -22.47%, which is greater than BLUC's maximum drawdown of -10.69%. Use the drawdown chart below to compare losses from any high point for SMRF and BLUC.

Drawdown Indicators

	SMRF	BLUC	Difference
Max Drawdown Largest peak-to-trough decline	-22.47%	-10.69%	-11.78%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.69%	—
Current Drawdown Current decline from peak	-22.47%	-2.32%	-20.15%
Average Drawdown Average peak-to-trough decline	-7.28%	-1.69%	-5.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.71%	—

Volatility

Volatility by Period

	SMRF	BLUC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	45.03%	13.69%	+31.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.03%	13.44%	+31.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.03%	13.44%	+31.59%

SMRF vs. BLUC - Expense Ratio Comparison

SMRF has a 0.65% expense ratio, which is higher than BLUC's 0.23% expense ratio.

Dividends

SMRF vs. BLUC - Dividend Comparison

SMRF's dividend yield for the trailing twelve months is around 0.62%, less than BLUC's 0.63% yield.

Position	TTM	2025
BLUC Bluemonte Large Cap Core ETF	0.63%	0.46%
SMRF ALPS Nautilus SMR, Nuclear & Technology ETF	0.62%	0.00%

Frequently Asked Questions

Can I hold both SMRF and BLUC in my portfolio?

SMRF and BLUC have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SMRF or BLUC?

On fees, BLUC is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMRF or BLUC?

BLUC is cheaper with a 0.23% expense ratio, compared with 0.65% for SMRF.

Which ETF pays a higher dividend yield, SMRF or BLUC?

BLUC has the higher dividend yield at 0.63%, compared with 0.62% for SMRF.

What is the main difference between SMRF and BLUC?

SMRF is categorized as Actively Managed, while BLUC is Large Cap Blend Equities. They also come from different issuers: ALPS and Bluemonte. Their fees differ too: 0.65% for SMRF and 0.23% for BLUC.