STXK vs. SMMV

Last updated Aug 4, 2026

STXK (Strive Small-Cap ETF) and SMMV (iShares MSCI USA Small-Cap Min Vol Factor ETF) are both Small Cap Blend Equities funds - STXK tracks the Bloomberg US 600 Index - Benchmark TR Gross while SMMV tracks the MSCI USA Small Cap Minimum Volatility (USD) Index. Both are passively managed. Over the past 3 years, STXK returned 13.79%/yr vs 12.54%/yr for SMMV. Their correlation of 0.83 means they have usually moved in the same direction. STXK charges 0.18%/yr vs 0.20%/yr for SMMV.

Performance

STXK vs. SMMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive Small-Cap ETF (STXK) 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

In the year-to-date period, STXK achieves a 16.87% return, which is significantly higher than SMMV's 9.82% return.

STXK

• 1D: 1.52%
• 1M: 0.70%
• 6M: 10.79%
• YTD: 16.87%
• 1Y: 29.03%
• 3Y*: 13.79%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.48%

SMMV

• 1D: 0.45%
• 1M: 1.01%
• 6M: 7.53%
• YTD: 9.82%
• 1Y: 16.62%
• 3Y*: 12.54%
• 5Y*: 6.54%
• 10Y*: —
• ALL TIME*: 8.75%

*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	$351.26K	$334.06K	$426.33K
STXK Strive Small-Cap ETF	$405.30K	$275.09K	$260.42K

STXK vs. SMMV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXK Strive Small-Cap ETF	16.87%	7.82%	9.47%	20.15%	-3.32%
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	9.82%	6.42%	18.29%	5.63%	2.14%

Correlation

The correlation between STXK and SMMV is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.83

The correlation between STXK and SMMV shifts across timeframes, from 0.69 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

STXK vs. SMMV - Sectors Allocation Comparison

Sectors	STXK	SMMV
Technology	17.3%	13.7%
Financial Services	15.8%	9.2%
Industrials	15.0%	13.6%
Healthcare	13.8%	18.7%
Consumer Cyclical	13.4%	5.3%
Real Estate	7.2%	12.5%
Energy	5.6%	5.2%
Basic Materials	4.2%	1.6%
Utilities	2.9%	7.5%
Consumer Defensive	2.7%	7.6%
Communication Services	2.1%	5.1%

Return for Risk

STXK vs. SMMV — Risk / Return Rank

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

STXK

STXK Risk / Return Rank: 73
STXK Sharpe Ratio Rank: 71
STXK Sortino Ratio Rank: 75
STXK Omega Ratio Rank: 66
STXK Calmar Ratio Rank: 78
STXK Martin Ratio Rank: 77

SMMV

SMMV Risk / Return Rank: 69
SMMV Sharpe Ratio Rank: 72
SMMV Sortino Ratio Rank: 78
SMMV Omega Ratio Rank: 71
SMMV Calmar Ratio Rank: 66
SMMV Martin Ratio Rank: 59

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.

STXK vs. SMMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive Small-Cap ETF (STXK) 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.

	STXK	SMMV	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.72	+0.03
Sortino ratio: Return per unit of downside risk	2.60	2.62	-0.02
Omega ratio: Gain probability vs. loss probability	1.30	1.31	0.00
Calmar ratio: Return relative to maximum drawdown	2.97	2.38	+0.59
Martin ratio: Return relative to average drawdown	10.46	7.32	+3.14

STXK vs. SMMV - Sharpe Ratio Comparison

The current STXK Sharpe Ratio is 1.75, which is comparable to the SMMV Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of STXK and SMMV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

STXK vs. SMMV - Drawdown Comparison

The maximum STXK drawdown since its inception was -27.12%, smaller than the maximum SMMV drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for STXK and SMMV.

Drawdown Indicators

	STXK	SMMV	Difference
Max Drawdown Largest peak-to-trough decline	-27.12%	-38.77%	+11.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.81%	-7.02%	-2.79%
Max Drawdown (3Y) Largest decline over 3 years	-27.12%	-13.68%	-13.44%
Max Drawdown (5Y) Largest decline over 5 years	—	-18.00%	—
Current Drawdown Current decline from peak	-0.35%	-0.63%	+0.28%
Average Drawdown Average peak-to-trough decline	-5.40%	-5.03%	-0.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.78%	2.28%	+0.50%

Volatility

STXK vs. SMMV - Volatility Comparison

Strive Small-Cap ETF (STXK) has a higher volatility of 3.82% compared to iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) at 2.67%. This indicates that STXK's price experiences larger fluctuations and is considered to be riskier than SMMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STXK	SMMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	2.67%	+1.15%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	6.99%	+4.64%
Volatility (1Y) Calculated over the trailing 1-year period	16.68%	9.73%	+6.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.92%	13.45%	+6.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	15.61%	+4.31%

STXK vs. SMMV - Expense Ratio Comparison

STXK has a 0.18% expense ratio, which is lower than SMMV's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

STXK vs. SMMV - Dividend Comparison

STXK's dividend yield for the trailing twelve months is around 1.13%, less than SMMV's 1.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF	1.65%	1.77%	1.76%	2.30%	1.67%	1.08%	1.39%	1.64%	1.72%	1.63%	0.79%
STXK Strive Small-Cap ETF	1.13%	1.29%	1.64%	1.14%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXK and SMMV in my portfolio?

STXK and SMMV have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXK or SMMV?

STXK has higher volatility (3.82%) compared to SMMV (2.67%). In terms of maximum drawdown, STXK dropped -27.12% vs SMMV's -38.77%.

Which ETF is better, STXK or SMMV?

On 3-year performance, STXK leads with 13.79% vs 12.54% for SMMV. On fees, STXK is cheaper at 0.18% per year. On volatility, SMMV has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXK or SMMV?

Over the 3-year period, STXK has performed better with a 13.79% return vs 12.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXK or SMMV?

STXK is cheaper with a 0.18% expense ratio, compared with 0.20% for SMMV.

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

SMMV has the higher dividend yield at 1.65%, compared with 1.13% for STXK.

What is the main difference between STXK and SMMV?

STXK tracks Bloomberg US 600 Index - Benchmark TR Gross, while SMMV tracks MSCI USA Small Cap Minimum Volatility (USD) Index. They also come from different issuers: Strive and iShares. Their fees differ too: 0.18% for STXK and 0.20% for SMMV.

Which has better risk-adjusted returns?

STXK currently has the higher Sharpe Ratio (1.75 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.