DBMF vs SMLF

Comparison between IMGP DBI MANAGED FUTURES STRATEGY ETF (DBMF, ETF) and ISHARES U.S. SMALL-CAP EQUITY FACTOR ETF (SMLF, ETF).

5-Year PerformanceSMLF has outperformed DBMF, delivering a return of +10.5% compared to +7.9%

DBMF vs SMLF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DBMF(ETF)	SMLF(ETF)
Net Assets	$3.50B	$3.60B
Expense Ratio	0.85%	0.15%
Max Drawdown	29.26%	43.06%
Sharpe Ratio	1.74	1.35
5Y Beta	0.27	1.09
P/E Ratio	N/A	67.19
Forward P/E	N/A	15.45
5Y Dividends CAGR	51.19%	11.57%
5Y EPS CAGR	N/A	17.49%
Debt to Equity	N/A	20.06%
P/S Ratio	N/A	1.56
P/B Ratio	N/A	2.78

Net Assets

DBMF

$3.50B

Winner

SMLF

$3.60B

Expense Ratio

DBMF

0.85%

Winner

SMLF

0.15%

Max Drawdown

Winner

DBMF

29.26%

SMLF

43.06%

Sharpe Ratio

Winner

DBMF

1.74

SMLF

1.35

5Y Beta

Winner

DBMF

0.27

SMLF

1.09

P/E Ratio

DBMF

N/A

SMLF

67.19

Forward P/E

DBMF

N/A

SMLF

15.45

5Y Dividends CAGR

Winner

DBMF

51.19%

SMLF

11.57%

5Y EPS CAGR

DBMF

N/A

SMLF

17.49%

Debt to Equity

DBMF

N/A

SMLF

20.06%

P/S Ratio

DBMF

N/A

SMLF

1.56

P/B Ratio

DBMF

N/A

SMLF

2.78

DBMF vs SMLF - Historical Returns

Returns include dividend reinvestment.

Period	DBMF	SMLF
1 month	-0.26%	+1.03%
3 months	+1.75%	+9.08%
6 months	+11.78%	+11.89%
1 year	+27.81%	+29.13%
5 years(CAGR)	+7.89%	+10.55%
10 years(CAGR)	N/A	+12.06%
Max(CAGR)	+9.16%	+11.35%

DBMF

-0.26%

Winner

SMLF

+1.03%

DBMF

+1.75%

Winner

SMLF

+9.08%

DBMF

+11.78%

Winner

SMLF

+11.89%

DBMF

+27.81%

Winner

SMLF

+29.13%

5Y(CAGR)

DBMF

+7.89%

Winner

SMLF

+10.55%

10Y(CAGR)

DBMF

N/A

SMLF

+12.06%

Max(CAGR)

DBMF

+9.16%

Winner

SMLF

+11.35%

DBMF vs SMLF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	DBMF	SMLF
2026	+9.34%	+11.21%
2025	+13.02%	+11.90%
2024	+7.00%	+17.21%
2023	-8.72%	+20.62%
2022	+20.44%	-12.70%
2021	+11.21%	+27.90%
2020	+0.47%	+8.48%
2019	+10.68%	+21.53%
2018	N/A	-9.03%
2017	N/A	+12.31%
2016	N/A	+25.23%
2015	N/A	+2.39%

DBMF vs SMLF Drawdown Comparison

The maximum drawdown for DBMF was -20.44%, occurring on Mar 24, 2023. Recovery took 794 trading sessions.

The maximum drawdown for SMLF was -41.89%, occurring on Mar 18, 2020. Recovery took 217 trading sessions.

The current DBMF drawdown is -2.42%. The current SMLF drawdown is -2.58%.

Rank	DBMF	SMLF
#1	-20.44% Oct 20, 2022 - Dec 19, 2025	-41.89% Jan 16, 2020 - Nov 24, 2020
#2	-10.43% Feb 20, 2020 - Feb 8, 2021	-26.27% Nov 25, 2024 - Aug 28, 2025
#3	-7.38% Jun 13, 2022 - Sep 21, 2022	-25.38% Nov 16, 2021 - Dec 14, 2023
#4	-6.73% Sep 4, 2019 - Jan 16, 2020	-24.77% Aug 29, 2018 - Jan 16, 2020
#5	-6.18% Nov 16, 2021 - Feb 11, 2022	-17.76% Jun 23, 2015 - Jul 12, 2016
#6	-6.10% Feb 27, 2026 - Jun 2, 2026	-9.35% Jan 23, 2018 - May 21, 2018
#7	-5.50% Jun 15, 2021 - Nov 9, 2021	-8.72% Jan 22, 2026 - Apr 14, 2026
#8	-4.75% Sep 27, 2022 - Oct 19, 2022	-8.55% Jul 31, 2024 - Sep 19, 2024
#9	-4.03% Mar 17, 2021 - Apr 19, 2021	-7.73% Oct 27, 2025 - Dec 10, 2025
#10	-3.89% May 6, 2022 - Jun 8, 2022	-7.66% Mar 28, 2024 - May 15, 2024
#11	-3.71% Jan 29, 2026 - Feb 9, 2026	-6.72% Jul 1, 2021 - Aug 11, 2021
#12	-3.55% Mar 8, 2022 - Mar 21, 2022	-6.52% Mar 15, 2021 - Apr 5, 2021
#13	-3.36% Feb 24, 2021 - Mar 11, 2021	-6.20% Feb 12, 2021 - Mar 11, 2021
#14	-2.86% May 2, 2022 - May 6, 2022	-5.88% Sep 22, 2016 - Nov 10, 2016
#15	-2.74% Mar 23, 2022 - Apr 5, 2022	-5.75% May 7, 2021 - Jun 8, 2021

Correlation

Correlation between DBMF and SMLF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2015 - 2026)

DBMF vs SMLF dividend yield comparison.

Year	DBMF	SMLF
2026	0.39%	0.23%
2025	5.91%	1.14%
2024	5.75%	1.33%
2023	2.91%	1.13%
2022	7.72%	1.23%
2021	10.38%	1.07%
2020	0.86%	1.33%
2019	9.35%	1.39%
2018	0.00%	1.17%
2017	0.00%	0.93%
2016	0.00%	0.78%
2015	0.00%	0.79%