XSVM vs. ISCMF
XSVM (Invesco S&P SmallCap Value with Momentum ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - XSVM is a Momentum fund tracking the S&P SmallCap 600 High Momentum Value Index, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. Both are passively managed. Over the past 3 years, XSVM returned 17.36%/yr vs 16.78%/yr for ISCMF. At a correlation of -0.05, they often move in opposite directions. XSVM charges 0.37%/yr vs 0.19%/yr for ISCMF.
Performance
XSVM vs. ISCMF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSVM achieves a 20.07% return, which is significantly lower than ISCMF's 22.87% return.
XSVM
- 1D
- -0.05%
- 1M
- 2.87%
- YTD
- 20.07%
- 6M
- 17.31%
- 1Y
- 39.24%
- 3Y*
- 17.36%
- 5Y*
- 8.01%
- 10Y*
- 13.24%
ISCMF
- 1D
- 0.00%
- 1M
- -4.99%
- YTD
- 22.87%
- 6M
- 22.87%
- 1Y
- 31.30%
- 3Y*
- 16.78%
- 5Y*
- —
- 10Y*
- —
XSVM vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XSVM Invesco S&P SmallCap Value with Momentum ETF | 20.07% | 7.47% | 2.30% | 20.20% | -14.85% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 22.87% | 19.65% | 3.13% | -9.58% | -5.82% |
Correlation
The correlation between XSVM and ISCMF is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022 | -0.05 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XSVM vs. ISCMF — Risk / Return Rank
XSVM
ISCMF
XSVM vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Value with Momentum ETF (XSVM) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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.
| XSVM | ISCMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 2.31 | -0.94 |
| Calmar ratioReturn relative to maximum drawdown | 3.91 | 5.53 | -1.62 |
| Martin ratioReturn relative to average drawdown | 12.10 | 11.95 | +0.16 |
Loading charts...
Drawdowns
XSVM vs. ISCMF - Drawdown Comparison
The maximum XSVM drawdown since its inception was -62.57%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for XSVM and ISCMF.
Loading charts...
Drawdown Indicators
| XSVM | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.57% | -25.42% | -37.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.08% | -5.69% | -4.39% |
Max Drawdown (3Y)Largest decline over 3 years | -26.21% | -7.62% | -18.59% |
Max Drawdown (5Y)Largest decline over 5 years | -26.21% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -49.02% | — | — |
Current DrawdownCurrent decline from peak | -1.49% | -5.26% | +3.77% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -13.36% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 2.63% | +0.62% |
Volatility
XSVM vs. ISCMF - Volatility Comparison
The current volatility for Invesco S&P SmallCap Value with Momentum ETF (XSVM) is 4.60%, while iShares Diversified Commodity Swap UCITS ETF (ISCMF) has a volatility of 5.11%. This indicates that XSVM experiences smaller price fluctuations and is considered to be less risky than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSVM | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.60% | 5.11% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 12.27% | 15.45% | -3.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 17.87% | +0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.55% | 14.29% | +8.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.09% | 14.29% | +10.80% |
XSVM vs. ISCMF - Expense Ratio Comparison
XSVM has a 0.37% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Dividends
XSVM vs. ISCMF - Dividend Comparison
XSVM's dividend yield for the trailing twelve months is around 2.23%, while ISCMF has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISCMF iShares Diversified Commodity Swap UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSVM Invesco S&P SmallCap Value with Momentum ETF | 2.23% | 2.29% | 1.69% | 1.31% | 1.79% | 1.23% | 1.21% | 1.22% | 2.54% | 1.90% | 2.29% | 2.68% |
Frequently Asked Questions
XSVM and ISCMF have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISCMF has higher volatility (5.11%) compared to XSVM (4.60%). In terms of maximum drawdown, XSVM dropped -62.57% vs ISCMF's -25.42%.
On 3-year performance, XSVM leads with 17.36% vs 16.78% for ISCMF. On fees, ISCMF is cheaper at 0.19% per year. On volatility, XSVM has been the lower-risk option at 4.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XSVM has performed better with a 17.36% return vs 16.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISCMF is cheaper with a 0.19% expense ratio, compared with 0.37% for XSVM.
XSVM has the higher dividend yield at 2.23%, compared with 0.00% for ISCMF.
XSVM is categorized as Momentum, while ISCMF is Commodities. XSVM tracks S&P SmallCap 600 High Momentum Value Index, while ISCMF tracks Bloomberg Commodity Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.37% for XSVM and 0.19% for ISCMF.
XSVM currently has the higher Sharpe Ratio (2.13 vs 1.76), 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.
Find the right allocation for XSVM and ISCMF
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer