TCV vs. STRN

Last updated Jul 12, 2026

TCV (Towle Value ETF) and STRN (SMART Trend ETF) are both exchange-traded funds - TCV is a Small Cap Value Equities fund actively managed by Towle, while STRN is a Actively Managed fund actively managed by SmartWay. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. 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 ETF (STRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with TCV having a 25.62% return and STRN slightly lower at 25.24%.

TCV

• 1D: 0.52%
• 1M: -0.17%
• 6M: 14.91%
• YTD: 25.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

STRN

• 1D: -0.72%
• 1M: 0.22%
• 6M: 19.90%
• YTD: 25.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TCV vs. STRN - Yearly Performance Comparison

	2026 (YTD)	2025
TCV Towle Value ETF	25.62%	6.31%
STRN SMART Trend ETF	25.24%	10.48%

Correlation

The correlation between TCV and STRN is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.50

Return for Risk

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 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.

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

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%
Current Drawdown Current decline from peak	-0.17%	-4.36%	+4.19%
Average Drawdown Average peak-to-trough decline	-3.34%	-2.93%	-0.41%

Volatility

Volatility by Period

	TCV	STRN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.22%	26.60%	-5.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.22%	26.60%	-5.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.22%	26.60%	-5.38%

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 0.15% yield.

Position	TTM	2025
STRN SMART Trend ETF	0.15%	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 0.50, 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 0.15% 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: Towle and SmartWay. Their fees differ too: 0.85% for TCV and 0.59% for STRN.