SMRF vs. OEFA

Last updated Jul 10, 2026

SMRF (ALPS Nautilus SMR, Nuclear & Technology ETF) and OEFA (ALPS O'Shares International Developed Quality Dividend ETF) are both exchange-traded funds - SMRF is a Actively Managed fund actively managed by ALPS, while OEFA is a International Equity fund tracking the O’Shares International Developed Quality Dividend Index. SMRF is actively managed, while OEFA is passively managed. A 0.58 correlation means they provide meaningful diversification when combined. SMRF charges 0.65%/yr vs 0.48%/yr for OEFA.

Performance

SMRF vs. OEFA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) and ALPS O'Shares International Developed Quality Dividend ETF (OEFA). 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*: —

OEFA

• 1D: 0.44%
• 1M: 3.18%
• 6M: 2.97%
• YTD: 4.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMRF vs. OEFA - Yearly Performance Comparison

	2026 (YTD)
SMRF ALPS Nautilus SMR, Nuclear & Technology ETF	0.00%
OEFA ALPS O'Shares International Developed Quality Dividend ETF	-0.50%

Correlation

The correlation between SMRF and OEFA is 0.58, 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	0.58

Return for Risk

SMRF vs. OEFA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) and ALPS O'Shares International Developed Quality Dividend ETF (OEFA). 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.

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

Drawdowns

SMRF vs. OEFA - Drawdown Comparison

The maximum SMRF drawdown since its inception was -17.20%, which is greater than OEFA's maximum drawdown of -13.54%. Use the drawdown chart below to compare losses from any high point for SMRF and OEFA.

Drawdown Indicators

	SMRF	OEFA	Difference
Max Drawdown Largest peak-to-trough decline	-17.20%	-13.54%	-3.66%
Current Drawdown Current decline from peak	-14.19%	-1.43%	-12.76%
Average Drawdown Average peak-to-trough decline	-6.73%	-3.61%	-3.12%

Volatility

Volatility by Period

	SMRF	OEFA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	44.61%	17.41%	+27.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.61%	17.41%	+27.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.61%	17.41%	+27.20%

SMRF vs. OEFA - Expense Ratio Comparison

SMRF has a 0.65% expense ratio, which is higher than OEFA's 0.48% expense ratio.

Dividends

SMRF vs. OEFA - Dividend Comparison

SMRF's dividend yield for the trailing twelve months is around 0.30%, less than OEFA's 1.42% yield.

Position	TTM	2025
OEFA ALPS O'Shares International Developed Quality Dividend ETF	1.42%	0.28%
SMRF ALPS Nautilus SMR, Nuclear & Technology ETF	0.30%	0.00%

Frequently Asked Questions

Can I hold both SMRF and OEFA in my portfolio?

SMRF and OEFA have a correlation of 0.58, 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 OEFA?

On fees, OEFA is cheaper at 0.48% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SMRF or OEFA?

OEFA is cheaper with a 0.48% expense ratio, compared with 0.65% for SMRF.

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

OEFA has the higher dividend yield at 1.42%, compared with 0.30% for SMRF.

What is the main difference between SMRF and OEFA?

SMRF is categorized as Actively Managed, while OEFA is International Equity. Their fees differ too: 0.65% for SMRF and 0.48% for OEFA.