SMCP vs HWAY

Comparison between AlphaMark Actively Managed Small Cap ETF (SMCP, ETF) and THEMES US INFRASTRUCTURE ETF (HWAY, ETF).

SMCP vs HWAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMCP(ETF)	HWAY(ETF)
Net Assets	$3.50M	$3.50M
Expense Ratio	0.79%	0.29%
Max Drawdown	44.15%	26.12%
Sharpe Ratio	-0.67	1.26
5Y Beta	0.27	1.02
P/E Ratio	22.66	32.03
Forward P/E	12.61	23.07
5Y EPS CAGR	19.93%	17.13%
Debt to Equity	43.28%	30.99%
P/S Ratio	1.33	2.63
P/B Ratio	1.66	4.80

Net Assets

SMCP

$3.50M

HWAY

$3.50M

Expense Ratio

SMCP

0.79%

Winner

HWAY

0.29%

Max Drawdown

SMCP

44.15%

Winner

HWAY

26.12%

Sharpe Ratio

SMCP

-0.67

Winner

HWAY

1.26

5Y Beta

Winner

SMCP

0.27

HWAY

1.02

P/E Ratio

Winner

SMCP

22.66

HWAY

32.03

Forward P/E

Winner

SMCP

12.61

HWAY

23.07

5Y EPS CAGR

Winner

SMCP

19.93%

HWAY

17.13%

Debt to Equity

SMCP

43.28%

Winner

HWAY

30.99%

P/S Ratio

Winner

SMCP

1.33

HWAY

2.63

P/B Ratio

Winner

SMCP

1.66

HWAY

4.80

SMCP vs HWAY - Holdings Comparison

SMCP and HWAY have 10 common holdings. Overlap is 4.94%

SMCP's top 25 holdings weight is 26.73%. HWAY's top 25 holdings weight is 72.46%.

Rank	SMCP	HWAY
#1	THE E W SCRIPPS CO CLASS A (SSP) - 1.24%	CATERPILLAR INC (CAT) - 5.04%
#2	SUNSTONE HOTEL INVESTORS INC (SHO) - 1.20%	UNION PACIFIC CORP (UNP) - 4.89%
#3	YELP INC CLASS A (YELP) - 1.14%	CSX CORP (CSX) - 4.85%
#4	ALKERMES PLC (ALKS) - 1.11%	QUANTA SERVICES INC (PWR) - 4.84%
#5	HALOZYME THERAPEUTICS INC (HALO) - 1.08%	PARKER HANNIFIN CORP (PH) - 4.19%
#6	BADGER METER INC (BMI) - 1.07%	DEERE & CO (DE) - 4.02%
#7	CARGURUS INC CLASS A (CARG) - 1.07%	EMERSON ELECTRIC CO (EMR) - 3.99%
#8	OMNICELL INC (OMCL) - 1.07%	NORFOLK SOUTHERN CORP (NSC) - 3.83%
#9	RAMBUS INC (RMBS) - 1.07%	CRH PLC (CRH) - 3.63%
#10	INTERDIGITAL INC (IDCC) - 1.06%	UNITED RENTALS INC (URI) - 3.49%
#11	INTERPARFUMS INC (IPAR) - 1.06%	COMFORT SYSTEMS USA INC (FIX) - 3.25%
#12	WATTS WATER TECHNOLOGIES INC CLASS A (WTS) - 1.05%	W.W. GRAINGER INC (GWW) - 3.08%
#13	LANCASTER COLONY CORP (LANC) - 1.05%	NUCOR CORP (NUE) - 2.82%
#14	CORCEPT THERAPEUTICS INC (CORT) - 1.05%	FASTENAL CO (FAST) - 2.74%
#15	AXCELIS TECHNOLOGIES INC (ACLS) - 1.05%	WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB) - 2.31%
#16	CATALYST PHARMACEUTICALS INC (CPRX) - 1.05%	VULCAN MATERIALS CO (VMC) - 1.98%
#17	BANCFIRST CORP (BANF) - 1.04%	MARTIN MARIETTA MATERIALS INC (MLM) - 1.83%
#18	LANTHEUS HOLDINGS INC (LNTH) - 1.04%	EMCOR GROUP INC (EME) - 1.78%
#19	ZURN ELKAY WATER SOLUTIONS CORP (ZWS) - 1.04%	STEEL DYNAMICS INC (STLD) - 1.65%
#20	APPLE HOSPITALITY REIT INC (APLE) - 1.04%	XYLEM INC (XYL) - 1.56%
#21	FEDERAL SIGNAL CORP (FSS) - 1.03%	DOVER CORP (DOV) - 1.49%
#22	PROG HOLDINGS INC ORDINARY SHARES (PRG) - 1.03%	CARPENTER TECHNOLOGY CORP (CRS) - 1.46%
#23	MERITAGE HOMES CORP (MTH) - 1.03%	ATI INC (ATI) - 1.36%
#24	STRATEGIC EDUCATION INC (STRA) - 1.03%	AMRIZE LTD REGISTERED SHARE (AMRZ) - 1.32%
#25	QUALYS INC (QLYS) - 1.03%	RELIANCE INC (RS) - 1.06%
Total Holdings	101	100

SMCP vs HWAY - Historical Returns

Returns include dividend reinvestment.

Period	SMCP	HWAY
1 month	-0.88%	-1.27%
3 months	-24.57%	+4.46%
6 months	-24.57%	+15.32%
1 year	N/A	+31.23%
5 years(CAGR)	-3.69%	N/A
10 years(CAGR)	+1.40%	N/A
Max(CAGR)	+0.13%	+26.09%

Winner

SMCP

-0.88%

HWAY

-1.27%

SMCP

-24.57%

Winner

HWAY

+4.46%

SMCP

-24.57%

Winner

HWAY

+15.32%

SMCP

N/A

HWAY

+31.23%

5Y(CAGR)

SMCP

-3.69%

HWAY

N/A

10Y(CAGR)

SMCP

+1.40%

HWAY

N/A

Max(CAGR)

SMCP

+0.13%

Winner

HWAY

+26.09%

SMCP vs HWAY - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SMCP	HWAY
2026	-24.57%	+21.73%
2025	N/A	+20.79%
2024	+12.94%	+3.38%
2023	+23.41%	N/A
2022	-21.90%	N/A
2021	+18.67%	N/A
2020	+4.49%	N/A
2019	+21.16%	N/A
2018	-20.12%	N/A
2017	+17.02%	N/A
2016	+4.55%	N/A
2015	-12.53%	N/A

SMCP vs HWAY Drawdown Comparison

The maximum drawdown for SMCP was -43.80%, occurring on Mar 23, 2020. Recovery took 593 trading sessions.

The maximum drawdown for HWAY was -25.96%, occurring on Apr 8, 2025. Recovery took 164 trading sessions.

The current SMCP drawdown is -31.32%. The current HWAY drawdown is -3.65%.

Rank	SMCP	HWAY
#1	-43.80% Aug 29, 2018 - Jan 7, 2021	-25.96% Nov 25, 2024 - Jul 25, 2025
#2	-35.08% Nov 11, 2024 - Jun 10, 2026	-12.63% Feb 20, 2026 - Apr 23, 2026
#3	-31.90% Nov 8, 2021 - Jul 16, 2024	-7.42% Jun 25, 2026 - Jul 20, 2026
#4	-28.77% Jun 24, 2015 - Dec 18, 2017	-7.19% May 6, 2026 - Jun 15, 2026
#5	-11.28% Jul 16, 2024 - Nov 6, 2024	-5.78% Oct 29, 2025 - Dec 3, 2025
#6	-10.38% Jan 26, 2018 - Aug 14, 2018	-3.97% Jul 25, 2025 - Aug 13, 2025
#7	-8.34% Jun 8, 2021 - Nov 3, 2021	-3.77% Dec 11, 2025 - Jan 6, 2026
#8	-7.73% Mar 15, 2021 - Jun 1, 2021	-3.51% Nov 6, 2024 - Nov 22, 2024
#9	-3.62% Apr 24, 2015 - Jun 3, 2015	-3.47% Oct 8, 2025 - Oct 21, 2025
#10	-3.53% Mar 1, 2021 - Mar 10, 2021	-3.12% Oct 18, 2024 - Nov 6, 2024
#11	-3.31% Jan 14, 2021 - Feb 4, 2021	-2.79% Sep 19, 2024 - Oct 11, 2024
#12	-1.99% Feb 12, 2021 - Mar 1, 2021	-2.43% Aug 22, 2025 - Sep 22, 2025
#13	-1.34% Jan 7, 2021 - Jan 12, 2021	-2.39% Apr 23, 2026 - Apr 30, 2026
#14	-1.26% Nov 6, 2024 - Nov 11, 2024	-2.29% Aug 13, 2025 - Aug 22, 2025
#15	-1.14% Aug 14, 2018 - Aug 27, 2018	-2.19% Feb 11, 2026 - Feb 20, 2026

Correlation

Correlation between SMCP and HWAY is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101