SCMB vs SMLF

Comparison between SCHWAB MUNICIPAL BOND ETF (SCMB, ETF) and ISHARES U.S. SMALL-CAP EQUITY FACTOR ETF (SMLF, ETF).

SCMB vs SMLF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SCMB(ETF)	SMLF(ETF)
Net Assets	$3.90B	$3.90B
Expense Ratio	0.03%	0.15%
Max Drawdown	7.77%	43.06%
Sharpe Ratio	0.87	1.44
5Y Beta	0.03	1.09
P/E Ratio	N/A	110.99
Forward P/E	N/A	14.86
5Y Dividends CAGR	N/A	11.57%
5Y EPS CAGR	N/A	15.70%
Debt to Equity	N/A	14.45%
P/S Ratio	N/A	1.43
P/B Ratio	N/A	2.65

Net Assets

SCMB

$3.90B

SMLF

$3.90B

Expense Ratio

Winner

SCMB

0.03%

SMLF

0.15%

Max Drawdown

Winner

SCMB

7.77%

SMLF

43.06%

Sharpe Ratio

SCMB

0.87

Winner

SMLF

1.44

5Y Beta

Winner

SCMB

0.03

SMLF

1.09

P/E Ratio

SCMB

N/A

SMLF

110.99

Forward P/E

SCMB

N/A

SMLF

14.86

5Y Dividends CAGR

SCMB

N/A

SMLF

11.57%

5Y EPS CAGR

SCMB

N/A

SMLF

15.70%

Debt to Equity

SCMB

N/A

SMLF

14.45%

P/S Ratio

SCMB

N/A

SMLF

1.43

P/B Ratio

SCMB

N/A

SMLF

2.65

SCMB vs SMLF - Historical Returns

Returns include dividend reinvestment.

Period	SCMB	SMLF
1 month	+0.41%	+4.55%
3 months	+1.00%	+17.03%
6 months	+1.59%	+14.45%
1 year	+6.05%	+32.36%
5 years(CAGR)	N/A	+10.92%
10 years(CAGR)	N/A	+12.65%
Max(CAGR)	+4.00%	+11.64%

SCMB

+0.41%

Winner

SMLF

+4.55%

SCMB

+1.00%

Winner

SMLF

+17.03%

SCMB

+1.59%

Winner

SMLF

+14.45%

SCMB

+6.05%

Winner

SMLF

+32.36%

5Y(CAGR)

SCMB

N/A

SMLF

+10.92%

10Y(CAGR)

SCMB

N/A

SMLF

+12.65%

Max(CAGR)

SCMB

+4.00%

Winner

SMLF

+11.64%

SCMB vs SMLF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SCMB	SMLF
2026	+1.03%	+14.79%
2025	+3.34%	+11.90%
2024	+1.10%	+17.21%
2023	+5.70%	+20.62%
2022	+3.05%	-12.70%
2021	N/A	+27.90%
2020	N/A	+8.48%
2019	N/A	+21.53%
2018	N/A	-9.03%
2017	N/A	+12.31%
2016	N/A	+25.23%
2015	N/A	+2.39%

SCMB vs SMLF Drawdown Comparison

The maximum drawdown for SCMB was -6.13%, occurring on Oct 30, 2023. Recovery took 162 trading sessions.

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

The current SCMB drawdown is -0.87%.

Rank	SCMB	SMLF
#1	-6.13% Apr 12, 2023 - Dec 1, 2023	-41.89% Jan 16, 2020 - Nov 24, 2020
#2	-4.75% Dec 4, 2024 - Sep 11, 2025	-26.27% Nov 25, 2024 - Aug 28, 2025
#3	-3.23% Feb 2, 2023 - Apr 6, 2023	-25.38% Nov 16, 2021 - Dec 14, 2023
#4	-2.92% Feb 27, 2026 - Mar 24, 2026	-24.77% Aug 29, 2018 - Jan 16, 2020
#5	-2.55% Oct 1, 2024 - Dec 3, 2024	-17.76% Jun 23, 2015 - Jul 12, 2016
#6	-2.25% Feb 1, 2024 - Jul 16, 2024	-9.35% Jan 23, 2018 - May 21, 2018
#7	-2.09% Oct 12, 2022 - Nov 10, 2022	-8.72% Jan 22, 2026 - Apr 14, 2026
#8	-1.25% Dec 29, 2023 - Feb 1, 2024	-8.55% Jul 31, 2024 - Sep 19, 2024
#9	-1.05% Dec 14, 2022 - Jan 6, 2023	-7.73% Oct 27, 2025 - Dec 10, 2025
#10	-0.94% Aug 5, 2024 - Sep 6, 2024	-7.66% Mar 28, 2024 - May 15, 2024
#11	-0.58% Sep 17, 2025 - Oct 10, 2025	-6.72% Jul 1, 2021 - Aug 11, 2021
#12	-0.50% Nov 11, 2025 - Dec 29, 2025	-6.52% Mar 15, 2021 - Apr 5, 2021
#13	-0.50% Jan 16, 2026 - Feb 5, 2026	-6.20% Feb 12, 2021 - Mar 11, 2021
#14	-0.38% Oct 24, 2025 - Nov 11, 2025	-5.88% Sep 22, 2016 - Nov 10, 2016
#15	-0.35% Dec 1, 2023 - Dec 6, 2023	-5.75% May 7, 2021 - Jun 8, 2021

Correlation

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

0.93

-101

Dividend Comparison (2015 - 2026)

SCMB vs SMLF dividend yield comparison.

Year	SCMB	SMLF
2026	1.46%	0.22%
2025	3.36%	1.14%
2024	3.34%	1.33%
2023	3.10%	1.13%
2022	0.59%	1.23%
2021	0.00%	1.07%
2020	0.00%	1.33%
2019	0.00%	1.39%
2018	0.00%	1.17%
2017	0.00%	0.93%
2016	0.00%	0.78%
2015	0.00%	0.79%