SMLF vs DBMF

Comparison between ISHARES U.S. SMALL-CAP EQUITY FACTOR ETF (SMLF, ETF) and IMGP DBI MANAGED FUTURES STRATEGY ETF (DBMF, ETF).

5-Year PerformanceSMLF has outperformed DBMF, delivering a return of +11.4% compared to +8.1%

SMLF vs DBMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMLF(ETF)	DBMF(ETF)
Net Assets	$3.90B	$3.90B
Expense Ratio	0.15%	0.85%
Max Drawdown	43.06%	29.26%
Sharpe Ratio	1.51	1.62
5Y Beta	1.08	0.27
P/E Ratio	95.62	N/A
Forward P/E	14.85	N/A
5Y Dividends CAGR	10.44%	51.19%
5Y EPS CAGR	16.33%	N/A
Debt to Equity	12.24%	N/A
P/S Ratio	1.51	N/A
P/B Ratio	2.68	N/A

Net Assets

SMLF

$3.90B

DBMF

$3.90B

Expense Ratio

Winner

SMLF

0.15%

DBMF

0.85%

Max Drawdown

SMLF

43.06%

Winner

DBMF

29.26%

Sharpe Ratio

SMLF

1.51

Winner

DBMF

1.62

5Y Beta

SMLF

1.08

Winner

DBMF

0.27

P/E Ratio

SMLF

95.62

DBMF

N/A

Forward P/E

SMLF

14.85

DBMF

N/A

5Y Dividends CAGR

SMLF

10.44%

Winner

DBMF

51.19%

5Y EPS CAGR

SMLF

16.33%

DBMF

N/A

Debt to Equity

SMLF

12.24%

DBMF

N/A

P/S Ratio

SMLF

1.51

DBMF

N/A

P/B Ratio

SMLF

2.68

DBMF

N/A

SMLF vs DBMF - Historical Returns

Returns include dividend reinvestment.

Period	SMLF	DBMF
1 month	+3.41%	-1.67%
3 months	+15.47%	+3.86%
6 months	+14.19%	+8.46%
1 year	+31.99%	+26.10%
5 years(CAGR)	+11.39%	+8.12%
10 years(CAGR)	+12.43%	N/A
Max(CAGR)	+11.61%	+9.05%

Winner

SMLF

+3.41%

DBMF

-1.67%

Winner

SMLF

+15.47%

DBMF

+3.86%

Winner

SMLF

+14.19%

DBMF

+8.46%

Winner

SMLF

+31.99%

DBMF

+26.10%

5Y(CAGR)

Winner

SMLF

+11.39%

DBMF

+8.12%

10Y(CAGR)

SMLF

+12.43%

DBMF

N/A

Max(CAGR)

Winner

SMLF

+11.61%

DBMF

+9.05%

SMLF vs DBMF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SMLF	DBMF
2026	+14.74%	+9.02%
2025	+11.90%	+13.02%
2024	+17.21%	+7.00%
2023	+20.62%	-8.72%
2022	-12.70%	+20.44%
2021	+27.90%	+11.21%
2020	+8.48%	+0.47%
2019	+21.53%	+10.68%
2018	-9.03%	N/A
2017	+12.31%	N/A
2016	+25.23%	N/A
2015	+2.39%	N/A

SMLF vs DBMF Drawdown Comparison

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

The maximum drawdown for DBMF was -20.44%, occurring on Mar 24, 2023. Recovery took 794 trading sessions.

The current SMLF drawdown is -0.85%. The current DBMF drawdown is -2.71%.

Rank	SMLF	DBMF
#1	-41.89% Jan 16, 2020 - Nov 24, 2020	-20.44% Oct 20, 2022 - Dec 19, 2025
#2	-26.27% Nov 25, 2024 - Aug 28, 2025	-10.43% Feb 20, 2020 - Feb 8, 2021
#3	-25.38% Nov 16, 2021 - Dec 14, 2023	-7.38% Jun 13, 2022 - Sep 21, 2022
#4	-24.77% Aug 29, 2018 - Jan 16, 2020	-6.73% Sep 4, 2019 - Jan 16, 2020
#5	-17.76% Jun 23, 2015 - Jul 12, 2016	-6.18% Nov 16, 2021 - Feb 11, 2022
#6	-9.35% Jan 23, 2018 - May 21, 2018	-6.10% Feb 27, 2026 - Jun 2, 2026
#7	-8.72% Jan 22, 2026 - Apr 14, 2026	-5.50% Jun 15, 2021 - Nov 9, 2021
#8	-8.55% Jul 31, 2024 - Sep 19, 2024	-4.75% Sep 27, 2022 - Oct 19, 2022
#9	-7.73% Oct 27, 2025 - Dec 10, 2025	-4.03% Mar 17, 2021 - Apr 19, 2021
#10	-7.66% Mar 28, 2024 - May 15, 2024	-3.89% May 6, 2022 - Jun 8, 2022
#11	-6.72% Jul 1, 2021 - Aug 11, 2021	-3.71% Jan 29, 2026 - Feb 9, 2026
#12	-6.52% Mar 15, 2021 - Apr 5, 2021	-3.55% Mar 8, 2022 - Mar 21, 2022
#13	-6.20% Feb 12, 2021 - Mar 11, 2021	-3.36% Feb 24, 2021 - Mar 11, 2021
#14	-5.88% Sep 22, 2016 - Nov 10, 2016	-2.86% May 2, 2022 - May 6, 2022
#15	-5.75% May 7, 2021 - Jun 8, 2021	-2.74% Mar 23, 2022 - Apr 5, 2022

Correlation

Correlation between SMLF and DBMF is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2015 - 2026)

SMLF vs DBMF dividend yield comparison.

Year	SMLF	DBMF
2026	0.46%	0.39%
2025	1.14%	5.91%
2024	1.33%	5.75%
2023	1.13%	2.91%
2022	1.23%	7.72%
2021	1.07%	10.38%
2020	1.33%	0.86%
2019	1.39%	9.35%
2018	1.17%	0.00%
2017	0.93%	0.00%
2016	0.78%	0.00%
2015	0.79%	0.00%