SMCF vs USLV

Comparison between THEMES US SMALL CAP CASH FLOW CHAMPIONS ETF (SMCF, ETF) and DIREXION DAILY SILVER BULL 2X ETF (USLV, ETF).

SMCF vs USLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCF(ETF)	USLV(ETF)
Net Assets	$3.10M	$3.20M
Expense Ratio	0.29%	N/A
Max Drawdown	28.92%	48.61%
Sharpe Ratio	1.43	-3.83
5Y Beta	0.93	4.27
P/E Ratio	14.60	N/A
Forward P/E	11.62	N/A
5Y EPS CAGR	20.12%	N/A
P/S Ratio	1.49	N/A
P/B Ratio	1.83	N/A

Net Assets

SMCF

$3.10M

Winner

USLV

$3.20M

Expense Ratio

SMCF

0.29%

USLV

N/A

Max Drawdown

Winner

SMCF

28.92%

USLV

48.61%

Sharpe Ratio

Winner

SMCF

1.43

USLV

-3.83

5Y Beta

Winner

SMCF

0.93

USLV

4.27

P/E Ratio

SMCF

14.60

USLV

N/A

Forward P/E

SMCF

11.62

USLV

N/A

5Y EPS CAGR

SMCF

20.12%

USLV

N/A

P/S Ratio

SMCF

1.49

USLV

N/A

P/B Ratio

SMCF

1.83

USLV

N/A

SMCF vs USLV - Historical Returns

Returns include dividend reinvestment.

Period	SMCF	USLV
1 month	+2.73%	-14.93%
3 months	+4.90%	N/A
6 months	+15.37%	N/A
1 year	+26.85%	N/A
Max(CAGR)	+19.75%	-98.01%

Winner

SMCF

+2.73%

USLV

-14.93%

SMCF

+4.90%

USLV

N/A

SMCF

+15.37%

USLV

N/A

SMCF

+26.85%

USLV

N/A

Max(CAGR)

Winner

SMCF

+19.75%

USLV

-98.01%

SMCF vs USLV - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	SMCF	USLV
2026	+19.47%	-45.15%
2025	+9.15%	N/A
2024	+16.26%	N/A
2023	+4.47%	N/A

SMCF vs USLV Drawdown Comparison

The maximum drawdown for SMCF was -28.49%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.

The maximum drawdown for USLV was -48.49%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The current SMCF drawdown is -1.91%. The current USLV drawdown is -45.15%.

Rank	SMCF	USLV
#1	-28.49% Nov 25, 2024 - Dec 10, 2025	-48.49% May 28, 2026 - Jul 16, 2026
#2	-9.67% Jul 31, 2024 - Oct 11, 2024	N/A
#3	-7.15% Mar 28, 2024 - Jul 16, 2024	N/A
#4	-6.60% Feb 6, 2026 - Apr 16, 2026	N/A
#5	-5.31% Dec 26, 2023 - Feb 12, 2024	N/A
#6	-4.01% Oct 17, 2024 - Nov 6, 2024	N/A
#7	-2.73% Dec 11, 2025 - Jan 6, 2026	N/A
#8	-2.59% May 5, 2026 - Jun 12, 2026	N/A
#9	-2.53% Jul 16, 2024 - Jul 25, 2024	N/A
#10	-2.29% Feb 12, 2024 - Feb 15, 2024	N/A
#11	-2.00% Nov 11, 2024 - Nov 20, 2024	N/A
#12	-1.91% Jul 21, 2026 - Jul 23, 2026	N/A
#13	-1.73% Feb 15, 2024 - Feb 23, 2024	N/A
#14	-1.72% Jan 21, 2026 - Jan 29, 2026	N/A
#15	-1.63% Jun 12, 2026 - Jun 23, 2026	N/A

Correlation

Correlation between SMCF and USLV is -0.97 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.97

-101