TCV vs. STRN

Last updated Aug 2, 2026

TCV (Towle Value ETF) and STRN (SMART Trend 25 ETF) are both exchange-traded funds - TCV is a Small Cap Value Equities fund actively managed by Alpha Architect, while STRN is a Actively Managed fund actively managed by SmartWay. Both are actively managed. Their 0.48 correlation means their historical movements had little consistent relationship. TCV charges 0.85%/yr vs 0.59%/yr for STRN.

Performance

TCV vs. STRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Towle Value ETF (TCV) and SMART Trend 25 ETF (STRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCV achieves a 26.87% return, which is significantly higher than STRN's 18.43% return.

TCV

• 1D: -0.89%
• 1M: 3.05%
• 6M: 14.79%
• YTD: 26.87%
• 1Y: 42.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.39%

STRN

• 1D: 1.59%
• 1M: -3.94%
• 6M: 13.98%
• YTD: 18.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
STRN SMART Trend 25 ETF	$206.17K	$301.02K	$324.54K
TCV Towle Value ETF	$839.64K	$680.12K	$340.23K

TCV vs. STRN - Yearly Performance Comparison

	2026 (YTD)	2025
TCV Towle Value ETF	26.87%	6.31%
STRN SMART Trend 25 ETF	18.43%	10.48%

Correlation

The correlation between TCV and STRN is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.48

Return for Risk

TCV vs. STRN — Risk / Return Rank

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

TCV

TCV Risk / Return Rank: 81
TCV Sharpe Ratio Rank: 83
TCV Sortino Ratio Rank: 82
TCV Omega Ratio Rank: 77
TCV Calmar Ratio Rank: 85
TCV Martin Ratio Rank: 80

STRN

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

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.

TCV vs. STRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Towle Value ETF (TCV) and SMART Trend 25 ETF (STRN). 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.

	TCV	STRN	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	3.27	—	—
Martin ratio: Return relative to average drawdown	10.51	—	—

Drawdowns

TCV vs. STRN - Drawdown Comparison

The maximum TCV drawdown since its inception was -12.23%, smaller than the maximum STRN drawdown of -15.43%. Use the drawdown chart below to compare losses from any high point for TCV and STRN.

Drawdown Indicators

	TCV	STRN	Difference
Max Drawdown Largest peak-to-trough decline	-12.23%	-15.43%	+3.20%
Max Drawdown (1Y) Largest decline over 1 year	-12.13%	—	—
Current Drawdown Current decline from peak	-2.70%	-9.56%	+6.86%
Average Drawdown Average peak-to-trough decline	-3.22%	-3.30%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	—	—

Volatility

Volatility by Period

	TCV	STRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.43%	27.17%	-6.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.02%	27.17%	-6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.02%	27.17%	-6.15%

TCV vs. STRN - Expense Ratio Comparison

TCV has a 0.85% expense ratio, which is higher than STRN's 0.59% expense ratio.

Dividends

TCV vs. STRN - Dividend Comparison

TCV's dividend yield for the trailing twelve months is around 0.57%, more than STRN's 0.16% yield.

Position	TTM	2025
STRN SMART Trend 25 ETF	0.16%	0.18%
TCV Towle Value ETF	0.57%	0.31%

Frequently Asked Questions

Can I hold both TCV and STRN in my portfolio?

TCV and STRN have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TCV or STRN?

On fees, STRN is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TCV or STRN?

STRN is cheaper with a 0.59% expense ratio, compared with 0.85% for TCV.

Which ETF pays a higher dividend yield, TCV or STRN?

TCV has the higher dividend yield at 0.57%, compared with 0.16% for STRN.

What is the main difference between TCV and STRN?

TCV is categorized as Small Cap Value Equities, while STRN is Actively Managed. They also come from different issuers: Alpha Architect and SmartWay. Their fees differ too: 0.85% for TCV and 0.59% for STRN.