USMIX vs. SMCWX
Compare and contrast key facts about USAA Extended Market Index Fund (USMIX) and American Funds SMALLCAP World Fund Class A (SMCWX).
USMIX is managed by Victory. It was launched on Oct 27, 2000. SMCWX is managed by American Funds. It was launched on Apr 30, 1990.
Performance
USMIX vs. SMCWX - Performance Comparison
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USMIX vs. SMCWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USMIX USAA Extended Market Index Fund | 0.05% | 10.44% | 11.99% | 25.81% | -24.04% | 15.29% | 31.20% | 27.93% | -9.71% | 17.72% |
SMCWX American Funds SMALLCAP World Fund Class A | -1.05% | 14.07% | 2.33% | 18.86% | -29.90% | 10.14% | 37.46% | 30.79% | -9.75% | 26.85% |
Returns By Period
In the year-to-date period, USMIX achieves a 0.05% return, which is significantly higher than SMCWX's -1.05% return. Over the past 10 years, USMIX has outperformed SMCWX with an annualized return of 10.95%, while SMCWX has yielded a comparatively lower 9.04% annualized return.
USMIX
- 1D
- 3.09%
- 1M
- -5.95%
- YTD
- 0.05%
- 6M
- 1.90%
- 1Y
- 19.46%
- 3Y*
- 13.77%
- 5Y*
- 4.30%
- 10Y*
- 10.95%
SMCWX
- 1D
- 3.47%
- 1M
- -7.83%
- YTD
- -1.05%
- 6M
- 1.11%
- 1Y
- 20.45%
- 3Y*
- 8.86%
- 5Y*
- 0.17%
- 10Y*
- 9.04%
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USMIX vs. SMCWX - Expense Ratio Comparison
USMIX has a 0.38% expense ratio, which is lower than SMCWX's 1.02% expense ratio.
Return for Risk
USMIX vs. SMCWX — Risk / Return Rank
USMIX
SMCWX
USMIX vs. SMCWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Extended Market Index Fund (USMIX) and American Funds SMALLCAP World Fund Class A (SMCWX). 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.
| USMIX | SMCWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 1.17 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.72 | -0.31 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.66 | -0.28 |
Martin ratioReturn relative to average drawdown | 5.62 | 6.37 | -0.75 |
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
| USMIX | SMCWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.17 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.01 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.51 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.57 | -0.21 |
Correlation
The correlation between USMIX and SMCWX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
USMIX vs. SMCWX - Dividend Comparison
USMIX's dividend yield for the trailing twelve months is around 6.47%, more than SMCWX's 4.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USMIX USAA Extended Market Index Fund | 6.47% | 6.47% | 14.41% | 4.41% | 8.78% | 17.98% | 3.32% | 3.18% | 6.48% | 7.48% | 7.07% | 8.02% |
SMCWX American Funds SMALLCAP World Fund Class A | 4.90% | 4.84% | 0.60% | 0.64% | 0.00% | 9.24% | 1.60% | 4.24% | 7.06% | 4.48% | 0.35% | 6.49% |
Drawdowns
USMIX vs. SMCWX - Drawdown Comparison
The maximum USMIX drawdown since its inception was -57.91%, smaller than the maximum SMCWX drawdown of -62.46%. Use the drawdown chart below to compare losses from any high point for USMIX and SMCWX.
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Drawdown Indicators
| USMIX | SMCWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.91% | -62.46% | +4.55% |
Max Drawdown (1Y)Largest decline over 1 year | -14.21% | -11.83% | -2.38% |
Max Drawdown (5Y)Largest decline over 5 years | -37.86% | -39.79% | +1.93% |
Max Drawdown (10Y)Largest decline over 10 years | -41.86% | -39.79% | -2.07% |
Current DrawdownCurrent decline from peak | -7.18% | -10.12% | +2.94% |
Average DrawdownAverage peak-to-trough decline | -12.06% | -14.98% | +2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.50% | 3.08% | +0.42% |
Volatility
USMIX vs. SMCWX - Volatility Comparison
The current volatility for USAA Extended Market Index Fund (USMIX) is 6.49%, while American Funds SMALLCAP World Fund Class A (SMCWX) has a volatility of 7.62%. This indicates that USMIX experiences smaller price fluctuations and is considered to be less risky than SMCWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USMIX | SMCWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 7.62% | -1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.69% | 11.82% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.81% | 17.93% | +3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.99% | 18.05% | +6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.65% | 17.76% | +5.89% |