SQLV vs. TSCV
SQLV (Royce Quant Small-Cap Quality Value ETF) and TSCV (Thrivent Small Cap Value ETF) are both Small Cap Value Equities funds. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.60% expense ratio.
Performance
SQLV vs. TSCV - Performance Comparison
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Returns By Period
In the year-to-date period, SQLV achieves a 12.76% return, which is significantly lower than TSCV's 15.89% return.
SQLV
- 1D
- -1.66%
- 1M
- 1.74%
- YTD
- 12.76%
- 6M
- 12.70%
- 1Y
- 25.91%
- 3Y*
- 12.10%
- 5Y*
- 6.01%
- 10Y*
- —
TSCV
- 1D
- -0.29%
- 1M
- 1.16%
- YTD
- 15.89%
- 6M
- 14.99%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SQLV vs. TSCV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SQLV Royce Quant Small-Cap Quality Value ETF | 12.76% | 6.79% |
TSCV Thrivent Small Cap Value ETF | 15.89% | 6.24% |
Correlation
The correlation between SQLV and TSCV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.85 |
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Return for Risk
SQLV vs. TSCV — Risk / Return Rank
SQLV
TSCV
SQLV vs. TSCV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Quant Small-Cap Quality Value ETF (SQLV) and Thrivent Small Cap Value ETF (TSCV). 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.
| SQLV | TSCV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | — | — |
| Martin ratioReturn relative to average drawdown | 8.77 | — | — |
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
| SQLV | TSCV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 2.84 | -2.45 |
Drawdowns
SQLV vs. TSCV - Drawdown Comparison
The maximum SQLV drawdown since its inception was -48.34%, which is greater than TSCV's maximum drawdown of -10.17%. Use the drawdown chart below to compare losses from any high point for SQLV and TSCV.
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Drawdown Indicators
| SQLV | TSCV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.34% | -10.17% | -38.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -26.86% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.86% | — | — |
Current DrawdownCurrent decline from peak | -1.66% | -0.70% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -2.11% | -6.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | — | — |
Volatility
SQLV vs. TSCV - Volatility Comparison
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Volatility by Period
| SQLV | TSCV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.36% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.70% | 16.80% | +0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.99% | 16.80% | +4.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.36% | 16.80% | +6.56% |
SQLV vs. TSCV - Expense Ratio Comparison
Both SQLV and TSCV have an expense ratio of 0.60%.
Dividends
SQLV vs. TSCV - Dividend Comparison
SQLV's dividend yield for the trailing twelve months is around 1.01%, more than TSCV's 0.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
SQLV Royce Quant Small-Cap Quality Value ETF | 1.01% | 1.15% | 1.11% | 1.09% | 1.24% | 1.12% | 1.22% | 1.20% | 1.08% | 0.40% |
TSCV Thrivent Small Cap Value ETF | 0.24% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SQLV and TSCV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.60% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SQLV and TSCV have the same expense ratio: 0.60% per year.
SQLV has the higher dividend yield at 1.01%, compared with 0.24% for TSCV.
They also come from different issuers: Franklin Templeton and Thrivent.
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