SMCF vs VYM
Themes US Small Cap Cash Flow Champions ETF vs Vanguard High Dividend Yield ETF
Which is better, SMCF or VYM?
Small Cap Blend against Large Cap Value.
VYM has a lower expense ratio. SMCF led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SMCF | VYM |
|---|---|---|
| Expense Ratio | 0.29% | 0.04%Best |
| AUM | $3M | $81.6B |
| Dividend Yield | 3.23% | 2.22% |
| Holdings | 76 | 613 |
| YTD Return | +17.62%Best | +10.96% |
| 1Y Return | +19.98%Best | +15.42% |
| 3Y Return (annualized) | - | +17.78% |
| 5Y Return (annualized) | - | +12.05% |
| Volatility (annualized) | 17.6% | 10.3%Best |
| Max Drawdown | -28.0% | -14.5%Best |
| $10,000 over 2.8 years | $15,929Best | $15,625 |
| Top 10 Weight | 35.7% | 26.1%Best |
| Fund Family | Themes ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Dec 13, 2023 | Nov 10, 2006 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Sep 21, 2026 (2.8 years).
SMCF vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
SMCF vs VYM Performance
Themes US Small Cap Cash Flow Champions ETF (SMCF) is an ETF from Themes ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year SMCF returned +19.98% while VYM returned +15.42%. Year to date, SMCF is up 17.62% versus a gain of 10.96% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCF has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 10.3% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -28.0% for SMCF and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SMCF charges 0.29% per year while VYM charges 0.04%. On a $10,000 position that is $29 vs $4 annually, a gap of $25 per year that compounds over a long holding period. On income, SMCF currently yields 3.23% against 2.22% for VYM.
Holdings Overlap
45.5% of SMCF's money is in holdings VYM also owns. 0.6% of VYM's money is in holdings SMCF also owns.
The two portfolios partly overlap.
26 positions in common, counted across the 75 positions we hold weights for in SMCF and 557 in VYM, against full books of 76 and 613.
What only one of them owns
Our book lists 507 positions for VYM that do not appear in our book for SMCF (96.5% of the fund), and 43 for SMCF that do not appear in VYM (48.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SMCF | Weight in VYM | Difference |
|---|---|---|---|
| RGAReinsurance Group of America, Incorporated | 5.21% | 0.06% | 5.15% |
| DINOHF Sinclair Corp | 4.88% | 0.06% | 4.82% |
| FNFFidelity Nationa | 3.73% | 0.05% | 3.68% |
| UMBFUmb Financial Corp. | 3.24% | 0.04% | 3.20% |
| JXNJackson Financial Inc USD | 3.01% | 0.03% | 2.98% |
| THGHanover Insurance Group Inc | 2.50% | 0.03% | 2.47% |
| MTGMgic Investment Corp | 2.04% | 0.03% | 2.01% |
| AUBAtlantic Union Bankshares Corp. | 1.82% | 0.02% | 1.80% |
| SIGISelective Insurance Group Inc | 1.72% | 0.02% | 1.70% |
| OZKBank Ozk | 1.65% | 0.02% | 1.63% |
45.5% of SMCF is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SMCF or VYM?
SMCF has an expense ratio of 0.29% while VYM charges 0.04%. VYM is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, SMCF or VYM?
Over the past year SMCF returned +19.98% vs +15.42% for VYM, so SMCF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SMCF or VYM?
SMCF has been the more volatile fund at 17.6% annualized versus 10.3% for VYM. Worst drawdown: SMCF -28.0% vs VYM -14.5%.
Should I hold both SMCF and VYM?
SMCF and VYM have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SMCF and VYM?
45.5% of SMCF's money is in holdings VYM also owns. 0.6% of VYM's is in holdings SMCF also owns. They hold 26 positions in common, counted across the 75 positions we hold weights for in SMCF and 557 in VYM.
Which pays a higher dividend, SMCF or VYM?
SMCF yields 3.23% while VYM yields 2.22%, so SMCF currently pays the higher dividend yield.
Is VYM better than SMCF?
VYM has a lower expense ratio. SMCF led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.