SMCF vs DESK
Comparison between THEMES US SMALL CAP CASH FLOW CHAMPIONS ETF (SMCF, ETF) and VANECK OFFICE AND COMMERCIAL REIT ETF (DESK, ETF).
SMCF vs DESK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SMCF
$3M
DESK
$3M
Expense Ratio
Winner
SMCF
0.29%
DESK
0.51%
Max Drawdown
Winner
SMCF
28.92%
DESK
32.63%
Sharpe Ratio
Winner
SMCF
1.63
DESK
0.11
5Y Beta
SMCF
0.93
Winner
DESK
0.80
P/E Ratio
Winner
SMCF
13.30
DESK
84.16
Forward P/E
Winner
SMCF
11.07
DESK
26.18
PEG Ratio
SMCF
0.04
DESK
N/A
5Y EPS CAGR
Winner
SMCF
19.98%
DESK
0.32%
Debt to Equity
Winner
SMCF
22.15%
DESK
89.36%
SMCF vs DESK - Holdings Comparison
SMCF and DESK have 1 common holdings. Overlap is -0.07%
SMCF's top 25 holdings weight is 67.66%. DESK's top 25 holdings weight is 100.07%.
| Rank | SMCF | DESK |
|---|---|---|
| #1 | EAST WEST BANCORP INC (EWBC) - 5.58% | VORNADO REALTY TRUST (VNO) - 11.79% |
| #2 | NEXTPOWER INC CLASS A (NXT) - 4.64% | COUSINS PROPERTIES INC (CUZ) - 10.38% |
| #3 | MUELLER INDUSTRIES INC (MLI) - 4.51% | BXP INC (BXP) - 10.33% |
| #4 | REINSURANCE GROUP OF AMERICA INC (RGA) - 4.24% | SL GREEN REALTY CORP (SLG) - 8.61% |
| #5 | APA CORP (APA) - 3.96% | COPT DEFENSE PROPERTIES (CDP) - 7.81% |
| #6 | RENAISSANCERE HOLDINGS LTD (RNR) - 3.94% | HIGHWOODS PROPERTIES INC (HIW) - 4.97% |
| #7 | FIDELITY NATIONAL FINANCIAL INC (FNF) - 3.88% | KILROY REALTY CORP (KRC) - 4.93% |
| #8 | HF SINCLAIR CORP (DINO) - 3.38% | DOUGLAS EMMETT INC (DEI) - 4.63% |
| #9 | UMB FINANCIAL CORP (UMBF) - 3.02% | PIEDMONT REALTY TRUST INC CLASS A (PDM) - 3.64% |
| #10 | BUILDERS FIRSTSOURCE INC (BLDR) - 2.67% | SIMON PROPERTY GROUP INC (SPG) - 3.63% |
| #11 | CHORD ENERGY CORP ORDINARY SHARES NEW (CHRD) - 2.41% | PROLOGIS INC (PLD) - 3.57% |
| #12 | JACKSON FINANCIAL INC (JXN) - 2.29% | EASTERLY GOVERNMENT PROPERTIES INC (DEA) - 3.09% |
| #13 | n/a (WFRD) - 2.26% | REALTY INCOME CORP (O) - 3.08% |
| #14 | ALKERMES PLC (ALKS) - 2.18% | AMERICAN ASSETS TRUST INC (AAT) - 2.68% |
| #15 | THE HANOVER INSURANCE GROUP INC (THG) - 2.16% | EMPIRE STATE REALTY TRUST INC CLASS A (ESRT) - 2.38% |
| #16 | FIRST BANCORP (FBP) - 2.00% | HUDSON PACIFIC PROPERTIES INC (HPP) - 2.31% |
| #17 | MGIC INVESTMENT CORP (MTG) - 1.79% | ALEXANDER'S INC (ALX) - 2.09% |
| #18 | BANK OZK (OZK) - 1.71% | JBG SMITH PROPERTIES (JBGS) - 1.92% |
| #19 | SELECTIVE INSURANCE GROUP INC (SIGI) - 1.71% | W.P. CAREY INC (WPC) - 1.80% |
| #20 | MURPHY OIL CORP (MUR) - 1.64% | BRANDYWINE REALTY TRUST (BDN) - 1.52% |
| #21 | GARRETT MOTION INC ORDINARY SHARES NEW (GTX) - 1.63% | KIMCO REALTY CORP (KIM) - 1.51% |
| #22 | HESS MIDSTREAM LP (n/a) - 1.59% | BRIXMOR PROPERTY GROUP INC (BRX) - 1.01% |
| #23 | WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) - 1.54% | REGENCY CENTERS CORP (REG) - 1.00% |
| #24 | CLEAR SECURE INC ORDINARY SHARES CLASS A (YOU) - 1.48% | AGREE REALTY CORP (ADC) - 0.78% |
| #25 | EASTERN BANKSHARES INC ORDINARY SHARES (EBC) - 1.45% | REXFORD INDUSTRIAL REALTY INC (REXR) - 0.61% |
| Total Holdings | 75 | 26 |
SMCF vs DESK - Historical Returns
Returns include dividend reinvestment.
1M
SMCF
-0.11%
Winner
DESK
+8.38%
3M
SMCF
+10.93%
Winner
DESK
+21.50%
6M
Winner
SMCF
+13.16%
DESK
+11.06%
1Y
Winner
SMCF
+32.32%
DESK
+3.70%
Max(CAGR)
Winner
SMCF
+18.57%
DESK
+12.39%
SMCF vs DESK - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | SMCF | DESK |
|---|---|---|
| 2026 | +14.53% | +11.01% |
| 2025 | +9.15% | -10.21% |
| 2024 | +16.26% | +14.33% |
| 2023 | +4.47% | +18.91% |
SMCF vs DESK Drawdown Comparison
The maximum drawdown for SMCF was -28.49%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.
The maximum drawdown for DESK was -28.65%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current SMCF drawdown is -1.44%. The current DESK drawdown is -8.81%.
| Rank | SMCF | DESK |
|---|---|---|
| #1 | -28.49% Nov 25, 2024 - Dec 10, 2025 | -28.65% Oct 18, 2024 - Mar 27, 2026 |
| #2 | -9.67% Jul 31, 2024 - Oct 11, 2024 | -14.58% Dec 14, 2023 - Jul 16, 2024 |
| #3 | -7.15% Mar 28, 2024 - Jul 16, 2024 | -11.95% Sep 21, 2023 - Nov 29, 2023 |
| #4 | -6.60% Feb 6, 2026 - Apr 16, 2026 | -6.56% Jul 30, 2024 - Aug 21, 2024 |
| #5 | -5.31% Dec 26, 2023 - Feb 12, 2024 | -2.65% Jul 16, 2024 - Jul 23, 2024 |
| #6 | -4.01% Oct 17, 2024 - Nov 6, 2024 | -2.61% Sep 24, 2024 - Oct 14, 2024 |
| #7 | -2.73% Dec 11, 2025 - Jan 6, 2026 | -2.12% Aug 30, 2024 - Sep 12, 2024 |
| #8 | -2.59% May 5, 2026 - Jun 12, 2026 | -2.09% Jul 23, 2024 - Jul 26, 2024 |
| #9 | -2.53% Jul 16, 2024 - Jul 25, 2024 | -1.77% Dec 4, 2023 - Dec 7, 2023 |
| #10 | -2.29% Feb 12, 2024 - Feb 15, 2024 | -1.73% Dec 7, 2023 - Dec 13, 2023 |
| #11 | -2.00% Nov 11, 2024 - Nov 20, 2024 | -1.26% Sep 19, 2024 - Sep 24, 2024 |
| #12 | -1.73% Feb 15, 2024 - Feb 23, 2024 | -0.50% Sep 16, 2024 - Sep 18, 2024 |
| #13 | -1.72% Jan 21, 2026 - Jan 29, 2026 | -0.41% Aug 27, 2024 - Aug 30, 2024 |
| #14 | -1.63% Jun 12, 2026 - Jun 17, 2026 | -0.40% Aug 21, 2024 - Aug 23, 2024 |
| #15 | -1.53% Jan 9, 2026 - Jan 21, 2026 | -0.13% Nov 29, 2023 - Dec 1, 2023 |
Correlation
Correlation between SMCF and DESK is 0.34 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
0.34
-101
Dividend Comparison (2023 - 2026)
SMCF vs DESK dividend yield comparison.
| Year | SMCF | DESK |
|---|---|---|
| 2026 | 0.00% | 1.60% |
| 2025 | 3.91% | 5.15% |
| 2024 | 0.61% | 3.78% |
| 2023 | 0.00% | 1.73% |
Select Stocks to Compare
Popular: SMCF vs SPYDESK vs SPY
More Comparisons
Compare with similar stocks