SMVTX vs. IWM
Compare and contrast key facts about Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) and iShares Russell 2000 ETF (IWM).
SMVTX is managed by Virtus. It was launched on Nov 30, 2001. IWM is a passively managed fund by iShares that tracks the performance of the Russell 2000 Index. It was launched on May 22, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMVTX or IWM.
Correlation
The correlation between SMVTX and IWM is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SMVTX vs. IWM - Performance Comparison
Key characteristics
SMVTX:
0.67
IWM:
1.06
SMVTX:
0.93
IWM:
1.57
SMVTX:
1.14
IWM:
1.19
SMVTX:
0.48
IWM:
1.20
SMVTX:
2.78
IWM:
5.25
SMVTX:
4.25%
IWM:
4.19%
SMVTX:
17.63%
IWM:
20.81%
SMVTX:
-62.88%
IWM:
-59.05%
SMVTX:
-16.37%
IWM:
-4.92%
Returns By Period
In the year-to-date period, SMVTX achieves a 6.17% return, which is significantly higher than IWM's 4.00% return. Over the past 10 years, SMVTX has underperformed IWM with an annualized return of 0.45%, while IWM has yielded a comparatively higher 8.34% annualized return.
SMVTX
6.17%
6.26%
0.25%
9.98%
0.48%
0.45%
IWM
4.00%
3.55%
3.88%
18.29%
7.95%
8.34%
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SMVTX vs. IWM - Expense Ratio Comparison
SMVTX has a 0.99% expense ratio, which is higher than IWM's 0.19% expense ratio.
Risk-Adjusted Performance
SMVTX vs. IWM — Risk-Adjusted Performance Rank
SMVTX
IWM
SMVTX vs. IWM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) and iShares Russell 2000 ETF (IWM). 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
SMVTX vs. IWM - Dividend Comparison
SMVTX's dividend yield for the trailing twelve months is around 1.03%, less than IWM's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMVTX Virtus Ceredex Mid-Cap Value Equity Fund | 1.03% | 1.09% | 1.16% | 0.87% | 0.34% | 0.83% | 1.04% | 1.29% | 0.99% | 1.26% | 1.28% | 0.90% |
IWM iShares Russell 2000 ETF | 1.10% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% | 1.26% |
Drawdowns
SMVTX vs. IWM - Drawdown Comparison
The maximum SMVTX drawdown since its inception was -62.88%, which is greater than IWM's maximum drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for SMVTX and IWM. For additional features, visit the drawdowns tool.
Volatility
SMVTX vs. IWM - Volatility Comparison
Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) has a higher volatility of 10.98% compared to iShares Russell 2000 ETF (IWM) at 6.73%. This indicates that SMVTX's price experiences larger fluctuations and is considered to be riskier than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.