DEEP vs SQLV

Comparison between ACQUIRERS SMALL AND MICRO DEEP VALUE ETF (DEEP, ETF) and ROYCE QUANT SMALL-CAP QUALITY VALUE ETF (SQLV, ETF).

5-Year PerformanceSQLV has outperformed DEEP, delivering a return of +6.0% compared to +3.8%

DEEP vs SQLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DEEP(ETF)	SQLV(ETF)
Net Assets	$26M	$26M
Expense Ratio	0.80%	0.60%
Max Drawdown	56.44%	49.78%
Sharpe Ratio	1.19	1.21
5Y Beta	0.89	0.93
P/E Ratio	47.33	-333.56
Forward P/E	8.67	11.35
5Y Dividends CAGR	13.54%	9.55%
5Y EPS CAGR	8.31%	11.18%
Debt to Equity	58.62%	4.05%
P/S Ratio	0.59	0.89
P/B Ratio	1.41	1.60

Net Assets

DEEP

$26M

Winner

SQLV

$26M

Expense Ratio

DEEP

0.80%

Winner

SQLV

0.60%

Max Drawdown

DEEP

56.44%

Winner

SQLV

49.78%

Sharpe Ratio

DEEP

1.19

Winner

SQLV

1.21

5Y Beta

Winner

DEEP

0.89

SQLV

0.93

P/E Ratio

DEEP

47.33

Winner

SQLV

-333.56

Forward P/E

Winner

DEEP

8.67

SQLV

11.35

5Y Dividends CAGR

Winner

DEEP

13.54%

SQLV

9.55%

5Y EPS CAGR

DEEP

8.31%

Winner

SQLV

11.18%

Debt to Equity

DEEP

58.62%

Winner

SQLV

4.05%

P/S Ratio

Winner

DEEP

0.59

SQLV

0.89

P/B Ratio

Winner

DEEP

1.41

SQLV

1.60

DEEP vs SQLV - Holdings Comparison

DEEP and SQLV have 39 common holdings. Overlap is 10.61%

DEEP's top 25 holdings weight is 32.02%. SQLV's top 25 holdings weight is 16.80%.

Rank	DEEP	SQLV
#1	AXCELIS TECHNOLOGIES INC (ACLS) - 1.71%	IRIDIUM COMMUNICATIONS INC (IRDM) - 1.03%
#2	FRANKLIN COVEY CO (FC) - 1.70%	VICTORY CAPITAL HOLDINGS INC CLASS A (VCTR) - 1.02%
#3	HELEN OF TROY LTD (HELE) - 1.58%	OSCAR HEALTH INC CLASS A (OSCR) - 0.82%
#4	OPEN LENDING CORP (LPRO) - 1.49%	PENGUIN SOLUTIONS INC (PENG) - 0.80%
#5	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 1.40%	FEDERATED HERMES INC CLASS B (FHI) - 0.77%
#6	KFORCE INC (KFRC) - 1.39%	ENPHASE ENERGY INC (ENPH) - 0.76%
#7	ATKORE INC (ATKR) - 1.35%	SM ENERGY CO (SM) - 0.74%
#8	PHOTRONICS INC (PLAB) - 1.32%	NWPX INFRASTRUCTURE INC (NWPX) - 0.73%
#9	AMN HEALTHCARE SERVICES INC (AMN) - 1.32%	CRESCENT ENERGY CO CLASS A (CRGY) - 0.73%
#10	NVE CORP (NVEC) - 1.31%	INTERNATIONAL BANCSHARES CORP (IBOC) - 0.69%
#11	ACADIAN ASSET MANAGEMENT INC (AAMI) - 1.30%	BENCHMARK ELECTRONICS INC (BHE) - 0.68%
#12	WISDOMTREE INC (WT) - 1.27%	H&R BLOCK INC (HRB) - 0.68%
#13	AMC GLOBAL MEDIA INC CLASS A (AMCX) - 1.25%	CABOT CORP (CBT) - 0.67%
#14	VISTEON CORP (VC) - 1.21%	AVANOS MEDICAL INC (AVNS) - 0.65%
#15	STEVEN MADDEN LTD (SHOO) - 1.18%	PHOTRONICS INC (PLAB) - 0.65%
#16	BLOOMIN BRANDS INC (BLMN) - 1.17%	FRESH DEL MONTE PRODUCE INC (FDP) - 0.62%
#17	HARLEY-DAVIDSON INC (HOG) - 1.16%	LCI INDUSTRIES INC (LCII) - 0.61%
#18	BLUE BIRD CORP (BLBD) - 1.14%	MONARCH CASINO & RESORT INC (MCRI) - 0.61%
#19	WORLD ACCEPTANCE CORP (WRLD) - 1.12%	n/a (NP) - 0.60%
#20	PROG HOLDINGS INC ORDINARY SHARES (PRG) - 1.12%	n/a (DXC) - 0.60%
#21	LEGACY HOUSING CORP (LEGH) - 1.12%	MASTERBRAND INC ORDINARY SHARES (MBC) - 0.47%
#22	ITURAN LOCATION AND CONTROL LTD (ITRN) - 1.11%	BEL FUSE INC CLASS B (BELFB) - 0.47%
#23	ARDMORE SHIPPING CORP (ASC) - 1.11%	PEDIATRIX MEDICAL GROUP INC (MD) - 0.47%
#24	MOVADO GROUP INC (MOV) - 1.10%	MERCANTILE BANK CORP (MBWM) - 0.47%
#25	MONARCH CASINO & RESORT INC (MCRI) - 1.09%	CORVEL CORP (CRVL) - 0.46%
Total Holdings	103	269

DEEP vs SQLV - Historical Returns

Returns include dividend reinvestment.

Period	DEEP	SQLV
1 month	-0.33%	+0.68%
3 months	+6.82%	+7.67%
6 months	+13.13%	+13.26%
1 year	+28.48%	+26.34%
5 years(CAGR)	+3.76%	+6.03%
10 years(CAGR)	+7.98%	+8.96%
Max(CAGR)	+6.87%	+8.96%

DEEP

-0.33%

Winner

SQLV

+0.68%

DEEP

+6.82%

Winner

SQLV

+7.67%

DEEP

+13.13%

Winner

SQLV

+13.26%

Winner

DEEP

+28.48%

SQLV

+26.34%

5Y(CAGR)

DEEP

+3.76%

Winner

SQLV

+6.03%

10Y(CAGR)

DEEP

+7.98%

Winner

SQLV

+8.96%

Max(CAGR)

DEEP

+6.87%

Winner

SQLV

+8.96%

DEEP vs SQLV - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	DEEP	SQLV
2026	+12.34%	+13.26%
2025	+5.51%	+2.93%
2024	-2.85%	+5.13%
2023	+21.74%	+20.86%
2022	-18.21%	-13.66%
2021	+36.88%	+37.16%
2020	-9.48%	+7.04%
2019	+10.43%	+17.16%
2018	-8.99%	-10.70%
2017	+25.08%	+8.51%
2016	+26.16%	N/A
2015	-9.50%	N/A
2014	+3.18%	N/A

DEEP vs SQLV Drawdown Comparison

The maximum drawdown for DEEP was -52.61%, occurring on Mar 23, 2020. Recovery took 689 trading sessions.

The maximum drawdown for SQLV was -48.31%, occurring on Mar 18, 2020. Recovery took 590 trading sessions.

The current DEEP drawdown is -1.90%. The current SQLV drawdown is -1.55%.

Rank	DEEP	SQLV
#1	-52.61% Jun 11, 2018 - Mar 8, 2021	-48.31% Aug 21, 2018 - Dec 23, 2020
#2	-28.39% Jul 31, 2024 - Sep 18, 2025	-26.87% Dec 2, 2024 - Jan 15, 2026
#3	-28.21% Nov 11, 2021 - Jul 26, 2024	-23.81% Nov 11, 2021 - Dec 19, 2023
#4	-28.04% Apr 15, 2015 - Aug 23, 2016	-9.86% Jul 31, 2024 - Nov 6, 2024
#5	-11.87% Sep 18, 2025 - Jan 8, 2026	-8.60% Dec 26, 2023 - Jul 16, 2024
#6	-11.52% Jun 1, 2021 - Oct 25, 2021	-8.53% Jul 20, 2017 - Sep 28, 2017
#7	-11.35% Jan 29, 2018 - Jun 6, 2018	-8.08% Mar 12, 2021 - May 14, 2021
#8	-8.96% Feb 20, 2026 - Apr 15, 2026	-8.00% Jan 19, 2018 - Apr 17, 2018
#9	-8.64% Sep 24, 2014 - Nov 11, 2014	-7.70% Feb 6, 2026 - Apr 14, 2026
#10	-8.23% Mar 12, 2021 - May 3, 2021	-7.37% Jun 8, 2021 - Sep 27, 2021
#11	-7.95% Aug 23, 2016 - Nov 14, 2016	-4.94% Nov 11, 2024 - Nov 25, 2024
#12	-6.58% May 8, 2026 - Jun 1, 2026	-4.59% Jan 25, 2021 - Feb 8, 2021
#13	-6.56% Oct 24, 2017 - Nov 20, 2017	-3.86% May 8, 2026 - May 26, 2026
#14	-4.89% Nov 28, 2014 - Dec 19, 2014	-3.27% Jan 22, 2026 - Feb 6, 2026
#15	-4.77% Dec 9, 2016 - Feb 23, 2017	-2.92% Sep 27, 2021 - Oct 14, 2021

Correlation

Correlation between DEEP and SQLV is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2014 - 2026)

DEEP vs SQLV dividend yield comparison.

Year	DEEP	SQLV
2026	0.56%	0.24%
2025	1.78%	1.15%
2024	1.96%	1.11%
2023	1.67%	1.09%
2022	1.28%	1.24%
2021	1.43%	1.12%
2020	4.03%	1.22%
2019	3.49%	1.20%
2018	1.51%	1.08%
2017	2.01%	0.40%
2016	3.14%	0.00%
2015	3.98%	0.00%
2014	0.42%	0.00%