SSCP vs. SMMV

Last updated Aug 5, 2026

SSCP (SMART Small Cap ETF) and SMMV (iShares MSCI USA Small-Cap Min Vol Factor ETF) are both exchange-traded funds - SSCP is a Small Cap Growth Equities fund actively managed by SmartWay, while SMMV is a Small Cap Blend Equities fund tracking the MSCI USA Small Cap Minimum Volatility (USD) Index. SSCP is actively managed, while SMMV is passively managed. Their 0.33 correlation means their historical movements had little consistent relationship. SSCP charges 0.79%/yr vs 0.20%/yr for SMMV.

Performance

SSCP vs. SMMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SMART Small Cap ETF (SSCP) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SSCP

• 1D: 1.02%
• 1M: 1.66%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SMMV

• 1D: 0.78%
• 1M: 1.80%
• 6M: 8.42%
• YTD: 10.68%
• 1Y: 16.22%
• 3Y*: 12.84%
• 5Y*: 6.53%
• 10Y*: —
• ALL TIME*: 8.84%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	$351.66K	$331.41K	$425.92K
SSCP SMART Small Cap ETF	$30.14K	$47.47K	$106.93K

SSCP vs. SMMV - Yearly Performance Comparison

	2026 (YTD)
SSCP SMART Small Cap ETF	6.86%
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	7.38%

Correlation

The correlation between SSCP and SMMV is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 12, 2026	0.33

Return for Risk

SSCP vs. SMMV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SSCP

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

SMMV

SMMV Risk / Return Rank: 62
SMMV Sharpe Ratio Rank: 64
SMMV Sortino Ratio Rank: 70
SMMV Omega Ratio Rank: 62
SMMV Calmar Ratio Rank: 58
SMMV Martin Ratio Rank: 55

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SSCP vs. SMMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SMART Small Cap ETF (SSCP) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). 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.

	SSCP	SMMV	Difference
Sharpe ratio: Return per unit of total volatility	—	1.68	—
Sortino ratio: Return per unit of downside risk	—	2.56	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.32	—
Martin ratio: Return relative to average drawdown	—	7.14	—

Drawdowns

SSCP vs. SMMV - Drawdown Comparison

The maximum SSCP drawdown since its inception was -4.50%, smaller than the maximum SMMV drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for SSCP and SMMV.

Drawdown Indicators

	SSCP	SMMV	Difference
Max Drawdown Largest peak-to-trough decline	-4.50%	-38.77%	+34.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.00%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.34%	-5.03%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.28%	—

Volatility

Volatility by Period

	SSCP	SMMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.07%	9.74%	+9.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.07%	13.44%	+5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.07%	15.61%	+3.46%

SSCP vs. SMMV - Expense Ratio Comparison

SSCP has a 0.79% expense ratio, which is higher than SMMV's 0.20% expense ratio.

Dividends

SSCP vs. SMMV - Dividend Comparison

SSCP has not paid dividends to shareholders, while SMMV's dividend yield for the trailing twelve months is around 1.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	1.64%	1.77%	1.76%	2.30%	1.67%	1.08%	1.39%	1.64%	1.72%	1.63%	0.79%
SSCP SMART Small Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SSCP and SMMV in my portfolio?

SSCP and SMMV have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SSCP or SMMV?

On fees, SMMV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SSCP or SMMV?

SMMV is cheaper with a 0.20% expense ratio, compared with 0.79% for SSCP.

Which ETF pays a higher dividend yield, SSCP or SMMV?

SMMV has the higher dividend yield at 1.64%, compared with 0.00% for SSCP.

What is the main difference between SSCP and SMMV?

SSCP is categorized as Small Cap Growth Equities, while SMMV is Small Cap Blend Equities. They also come from different issuers: SmartWay and iShares. Their fees differ too: 0.79% for SSCP and 0.20% for SMMV.