SMLF vs SCMB

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

SMLF vs SCMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMLF(ETF)	SCMB(ETF)
Net Assets	$3.60B	$3.70B
Expense Ratio	0.15%	0.03%
Max Drawdown	43.06%	7.77%
Sharpe Ratio	1.35	0.92
5Y Beta	1.09	0.03
P/E Ratio	67.19	N/A
Forward P/E	15.45	N/A
5Y Dividends CAGR	11.57%	N/A
5Y EPS CAGR	17.49%	N/A
Debt to Equity	20.06%	N/A
P/S Ratio	1.56	N/A
P/B Ratio	2.78	N/A

Net Assets

SMLF

$3.60B

Winner

SCMB

$3.70B

Expense Ratio

SMLF

0.15%

Winner

SCMB

0.03%

Max Drawdown

SMLF

43.06%

Winner

SCMB

7.77%

Sharpe Ratio

Winner

SMLF

1.35

SCMB

0.92

5Y Beta

SMLF

1.09

Winner

SCMB

0.03

P/E Ratio

SMLF

67.19

SCMB

N/A

Forward P/E

SMLF

15.45

SCMB

N/A

5Y Dividends CAGR

SMLF

11.57%

SCMB

N/A

5Y EPS CAGR

SMLF

17.49%

SCMB

N/A

Debt to Equity

SMLF

20.06%

SCMB

N/A

P/S Ratio

SMLF

1.56

SCMB

N/A

P/B Ratio

SMLF

2.78

SCMB

N/A

SMLF vs SCMB - Historical Returns

Returns include dividend reinvestment.

Period	SMLF	SCMB
1 month	+1.03%	+0.60%
3 months	+9.08%	-0.02%
6 months	+11.89%	+1.55%
1 year	+29.13%	+6.52%
5 years(CAGR)	+10.55%	N/A
10 years(CAGR)	+12.06%	N/A
Max(CAGR)	+11.35%	+4.02%

Winner

SMLF

+1.03%

SCMB

+0.60%

Winner

SMLF

+9.08%

SCMB

-0.02%

Winner

SMLF

+11.89%

SCMB

+1.55%

Winner

SMLF

+29.13%

SCMB

+6.52%

5Y(CAGR)

SMLF

+10.55%

SCMB

N/A

10Y(CAGR)

SMLF

+12.06%

SCMB

N/A

Max(CAGR)

Winner

SMLF

+11.35%

SCMB

+4.02%

SMLF vs SCMB - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	SMLF	SCMB
2026	+11.21%	+1.03%
2025	+11.90%	+3.34%
2024	+17.21%	+1.10%
2023	+20.62%	+5.70%
2022	-12.70%	+3.05%
2021	+27.90%	N/A
2020	+8.48%	N/A
2019	+21.53%	N/A
2018	-9.03%	N/A
2017	+12.31%	N/A
2016	+25.23%	N/A
2015	+2.39%	N/A

SMLF vs SCMB Drawdown Comparison

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

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

The current SMLF drawdown is -2.58%. The current SCMB drawdown is -0.87%.

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

Correlation

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

0.93

-101

Dividend Comparison (2015 - 2026)

SMLF vs SCMB dividend yield comparison.

Year	SMLF	SCMB
2026	0.23%	1.46%
2025	1.14%	3.36%
2024	1.33%	3.34%
2023	1.13%	3.10%
2022	1.23%	0.59%
2021	1.07%	0.00%
2020	1.33%	0.00%
2019	1.39%	0.00%
2018	1.17%	0.00%
2017	0.93%	0.00%
2016	0.78%	0.00%
2015	0.79%	0.00%