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.
Performance
SMVTX vs. IWM - Performance Comparison
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SMVTX vs. IWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMVTX Virtus Ceredex Mid-Cap Value Equity Fund | 9.20% | 17.58% | 18.93% | 10.94% | -13.89% | 29.15% | -1.19% | 33.14% | -8.01% | 11.69% |
IWM iShares Russell 2000 ETF | 1.56% | 12.66% | 11.38% | 16.83% | -20.48% | 14.54% | 20.03% | 25.39% | -11.12% | 14.58% |
Returns By Period
In the year-to-date period, SMVTX achieves a 9.20% return, which is significantly higher than IWM's 1.56% return. Over the past 10 years, SMVTX has outperformed IWM with an annualized return of 11.36%, while IWM has yielded a comparatively lower 9.83% annualized return.
SMVTX
- 1D
- 2.65%
- 1M
- -4.56%
- YTD
- 9.20%
- 6M
- 13.51%
- 1Y
- 34.44%
- 3Y*
- 19.43%
- 5Y*
- 10.79%
- 10Y*
- 11.36%
IWM
- 1D
- 0.63%
- 1M
- -5.23%
- YTD
- 1.56%
- 6M
- 3.44%
- 1Y
- 26.43%
- 3Y*
- 13.18%
- 5Y*
- 3.47%
- 10Y*
- 9.83%
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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.
Return for Risk
SMVTX vs. IWM — Risk / Return Rank
SMVTX
IWM
SMVTX vs. IWM - Risk-Adjusted Trends 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.
| SMVTX | IWM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.69 | 1.15 | +0.54 |
Sortino ratioReturn per unit of downside risk | 2.29 | 1.70 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.22 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 2.46 | 1.93 | +0.54 |
Martin ratioReturn relative to average drawdown | 11.87 | 7.08 | +4.79 |
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
| SMVTX | IWM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.15 | +0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.15 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.43 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.34 | +0.13 |
Correlation
The correlation between SMVTX and IWM is 0.89, 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.
Dividends
SMVTX vs. IWM - Dividend Comparison
SMVTX's dividend yield for the trailing twelve months is around 15.05%, more than IWM's 1.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMVTX Virtus Ceredex Mid-Cap Value Equity Fund | 15.05% | 16.44% | 15.96% | 1.16% | 6.75% | 18.53% | 2.52% | 5.82% | 14.47% | 20.86% | 3.61% | 7.05% |
IWM iShares Russell 2000 ETF | 1.02% | 1.04% | 1.15% | 1.35% | 1.48% | 0.94% | 1.04% | 1.26% | 1.40% | 1.26% | 1.38% | 1.54% |
Drawdowns
SMVTX vs. IWM - Drawdown Comparison
The maximum SMVTX drawdown since its inception was -54.72%, smaller than the maximum IWM drawdown of -59.05%. Use the drawdown chart below to compare losses from any high point for SMVTX and IWM.
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Drawdown Indicators
| SMVTX | IWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.72% | -59.05% | +4.33% |
Max Drawdown (1Y)Largest decline over 1 year | -14.46% | -13.74% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | -31.91% | +6.47% |
Max Drawdown (10Y)Largest decline over 10 years | -45.45% | -41.13% | -4.32% |
Current DrawdownCurrent decline from peak | -4.56% | -7.33% | +2.77% |
Average DrawdownAverage peak-to-trough decline | -8.28% | -10.83% | +2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 3.73% | -0.73% |
Volatility
SMVTX vs. IWM - Volatility Comparison
The current volatility for Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) is 6.31%, while iShares Russell 2000 ETF (IWM) has a volatility of 7.36%. This indicates that SMVTX experiences smaller price fluctuations and is considered to be less risky than IWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMVTX | IWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.31% | 7.36% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.00% | 14.48% | -2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.93% | 23.18% | -2.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.36% | 22.54% | -2.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.59% | 22.99% | -2.40% |