SMRF vs. BVAL

Last updated Jul 10, 2026

SMRF (ALPS Nautilus SMR, Nuclear & Technology ETF) and BVAL (Bluemonte Large Cap Value ETF) are both exchange-traded funds - SMRF is a Actively Managed fund actively managed by ALPS, while BVAL is a Large Cap Value Equities fund managed by Bluemonte. A 0.64 correlation means they provide meaningful diversification when combined. SMRF charges 0.65%/yr vs 0.24%/yr for BVAL.

Performance

SMRF vs. BVAL - 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 Value ETF (BVAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SMRF

• 1D: 1.90%
• 1M: -0.53%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BVAL

• 1D: 0.58%
• 1M: 2.32%
• 6M: 11.01%
• YTD: 13.32%
• 1Y: 22.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMRF vs. BVAL - Yearly Performance Comparison

	2026 (YTD)
SMRF ALPS Nautilus SMR, Nuclear & Technology ETF	0.00%
BVAL Bluemonte Large Cap Value ETF	7.61%

Correlation

The correlation between SMRF and BVAL is 0.64, 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	0.64

Return for Risk

SMRF vs. BVAL — 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.

BVAL

BVAL Risk / Return Rank: 84
BVAL Sharpe Ratio Rank: 85
BVAL Sortino Ratio Rank: 85
BVAL Omega Ratio Rank: 83
BVAL Calmar Ratio Rank: 80
BVAL Martin Ratio Rank: 85

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. BVAL - 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 Value ETF (BVAL). 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	BVAL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.17	—
Sortino ratio: Return per unit of downside risk	—	3.05	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	3.34	—
Martin ratio: Return relative to average drawdown	—	13.82	—

Drawdowns

SMRF vs. BVAL - Drawdown Comparison

The maximum SMRF drawdown since its inception was -17.20%, which is greater than BVAL's maximum drawdown of -6.69%. Use the drawdown chart below to compare losses from any high point for SMRF and BVAL.

Drawdown Indicators

	SMRF	BVAL	Difference
Max Drawdown Largest peak-to-trough decline	-17.20%	-6.69%	-10.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.69%	—
Current Drawdown Current decline from peak	-14.19%	-0.38%	-13.81%
Average Drawdown Average peak-to-trough decline	-6.73%	-0.89%	-5.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.62%	—

Volatility

Volatility by Period

	SMRF	BVAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	44.61%	10.31%	+34.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.61%	10.25%	+34.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.61%	10.25%	+34.36%

SMRF vs. BVAL - Expense Ratio Comparison

SMRF has a 0.65% expense ratio, which is higher than BVAL's 0.24% expense ratio.

Dividends

SMRF vs. BVAL - Dividend Comparison

SMRF's dividend yield for the trailing twelve months is around 0.30%, less than BVAL's 1.32% yield.

Position	TTM	2025
BVAL Bluemonte Large Cap Value ETF	1.32%	0.73%
SMRF ALPS Nautilus SMR, Nuclear & Technology ETF	0.30%	0.00%

Frequently Asked Questions

Can I hold both SMRF and BVAL in my portfolio?

SMRF and BVAL have a correlation of 0.64, 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 BVAL?

On fees, BVAL is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMRF or BVAL?

BVAL is cheaper with a 0.24% expense ratio, compared with 0.65% for SMRF.

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

BVAL has the higher dividend yield at 1.32%, compared with 0.30% for SMRF.

What is the main difference between SMRF and BVAL?

SMRF is categorized as Actively Managed, while BVAL is Large Cap Value Equities. They also come from different issuers: ALPS and Bluemonte. Their fees differ too: 0.65% for SMRF and 0.24% for BVAL.