SMLV vs VEXC

Comparison between STATE STREET(R) SPDR(R) US SMALL CAP LOW VOLATILITY INDEX ETF (SMLV, ETF) and VANGUARD EMERGING MARKETS EX-CHINA ETF ETF SHARES (VEXC, ETF).

SMLV vs VEXC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SMLV(ETF)	VEXC(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.12%	0.07%
Max Drawdown	42.87%	12.81%
Sharpe Ratio	1.50	1.25
5Y Beta	0.72	1.23
P/E Ratio	26.52	N/A
Forward P/E	14.38	N/A
5Y Dividends CAGR	12.18%	N/A
5Y EPS CAGR	11.43%	N/A
Debt to Equity	63.23%	N/A
P/S Ratio	1.67	N/A
P/B Ratio	1.80	N/A

Net Assets

Winner

SMLV

$258M

VEXC

$258M

Expense Ratio

SMLV

0.12%

Winner

VEXC

0.07%

Max Drawdown

SMLV

42.87%

Winner

VEXC

12.81%

Sharpe Ratio

Winner

SMLV

1.50

VEXC

1.25

5Y Beta

Winner

SMLV

0.72

VEXC

1.23

P/E Ratio

SMLV

26.52

VEXC

N/A

Forward P/E

SMLV

14.38

VEXC

N/A

5Y Dividends CAGR

SMLV

12.18%

VEXC

N/A

5Y EPS CAGR

SMLV

11.43%

VEXC

N/A

Debt to Equity

SMLV

63.23%

VEXC

N/A

P/S Ratio

SMLV

1.67

VEXC

N/A

P/B Ratio

SMLV

1.80

VEXC

N/A

SMLV vs VEXC - Holdings Comparison

SMLV and VEXC have 1 common holdings. Overlap is 0.00%

SMLV's top 25 holdings weight is 13.17%. VEXC's top 25 holdings weight is 40.85%.

Rank	SMLV	VEXC
#1	n/a (n/a) - 0.70%	n/a (n/a) - 23.78%
#2	E-MINI RUSS 2000 SEP26 XCME 20260918 (n/a) - 0.70%	MEDIATEK INC (n/a) - 2.07%
#3	SAFETY INSURANCE GROUP INC (SAFT) - 0.64%	DELTA ELECTRONICS INC (n/a) - 1.25%
#4	CITY HOLDING CO (CHCO) - 0.62%	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 1.23%
#5	HORACE MANN EDUCATORS CORP (HMN) - 0.61%	RELIANCE INDUSTRIES LTD (n/a) - 1.22%
#6	AMERICAN STATES WATER CO (AWR) - 0.61%	HDFC BANK LTD (n/a) - 1.18%
#7	n/a (PECO) - 0.60%	ICICI BANK LTD (n/a) - 1.06%
#8	ATLANTA BRAVES HOLDINGS INC CLASS C (BATRK) - 0.57%	BHARTI AIRTEL LTD (n/a) - 0.83%
#9	NORTHWESTERN ENERGY GROUP INC (NWE) - 0.57%	ASE TECHNOLOGY HOLDING CO LTD (n/a) - 0.75%
#10	CHEMED CORP (CHE) - 0.55%	VALE SA (n/a) - 0.70%
#11	COMMUNITY TRUST BANCORP INC (CTBI) - 0.51%	AL RAJHI BANK (n/a) - 0.65%
#12	MCGRATH RENTCORP (MGRC) - 0.51%	n/a (n/a) - 0.61%
#13	APPLE HOSPITALITY REIT INC (APLE) - 0.49%	UNITED MICROELECTRONICS CORP (n/a) - 0.58%
#14	SELECTIVE INSURANCE GROUP INC (SIGI) - 0.49%	SAUDI ARABIAN OIL CO (n/a) - 0.56%
#15	MSC INDUSTRIAL DIRECT CO INC CLASS A (MSM) - 0.49%	ELITE MATERIAL CO LTD (n/a) - 0.55%
#16	LANDSTAR SYSTEM INC (LSTR) - 0.49%	NASPERS LTD CLASS N (n/a) - 0.54%
#17	FOUR CORNERS PROPERTY TRUST INC (FCPT) - 0.48%	INFOSYS LTD (n/a) - 0.53%
#18	BRADY CORP CLASS A (BRC) - 0.47%	n/a (n/a) - 0.51%
#19	TFS FINANCIAL CORP (TFSL) - 0.46%	ANGLOGOLD ASHANTI PLC (AU) - 0.50%
#20	NEW JERSEY RESOURCES CORP (NJR) - 0.45%	PETROLEO BRASILEIRO SA PETROBRAS (n/a) - 0.48%
#21	ASHLAND INC (ASH) - 0.44%	n/a (n/a) - 0.26%
#22	LTC PROPERTIES INC (LTC) - 0.43%	HINDUSTAN UNILEVER LTD (n/a) - 0.26%
#23	FIRST FINANCIAL CORP (THFF) - 0.43%	MARUTI SUZUKI INDIA LTD (n/a) - 0.25%
#24	PEOPLES BANCORP INC (MARIETTA OH) (PEBO) - 0.43%	TITAN CO LTD (n/a) - 0.25%
#25	BANK FIRST CORP (BFC) - 0.43%	n/a (n/a) - 0.25%
Total Holdings	398	994

SMLV vs VEXC - Historical Returns

Returns include dividend reinvestment.

Period	SMLV	VEXC
1 month	+0.55%	+4.23%
3 months	+8.63%	+3.79%
6 months	+13.89%	+7.55%
1 year	+24.04%	+26.62%
5 years(CAGR)	+9.86%	N/A
10 years(CAGR)	+10.36%	N/A
Max(CAGR)	+11.08%	+30.27%

SMLV

+0.55%

Winner

VEXC

+4.23%

Winner

SMLV

+8.63%

VEXC

+3.79%

Winner

SMLV

+13.89%

VEXC

+7.55%

SMLV

+24.04%

Winner

VEXC

+26.62%

5Y(CAGR)

SMLV

+9.86%

VEXC

N/A

10Y(CAGR)

SMLV

+10.36%

VEXC

N/A

Max(CAGR)

SMLV

+11.08%

Winner

VEXC

+30.27%

SMLV vs VEXC - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	SMLV	VEXC
2026	+23.03%	+19.11%
2025	+6.66%	+4.79%
2024	+17.20%	N/A
2023	+7.45%	N/A
2022	-8.11%	N/A
2021	+29.84%	N/A
2020	-1.27%	N/A
2019	+23.87%	N/A
2018	-6.82%	N/A
2017	+4.97%	N/A
2016	+33.71%	N/A
2015	-0.90%	N/A
2014	+15.16%	N/A
2013	+23.62%	N/A

SMLV vs VEXC Drawdown Comparison

The maximum drawdown for SMLV was -42.43%, occurring on Mar 23, 2020. Recovery took 245 trading sessions.

The maximum drawdown for VEXC was -12.41%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The current SMLV drawdown is -2.05%. The current VEXC drawdown is -3.20%.

Rank	SMLV	VEXC
#1	-42.43% Jan 16, 2020 - Jan 6, 2021	-12.41% Feb 25, 2026 - Apr 17, 2026
#2	-20.42% Nov 25, 2024 - Jan 12, 2026	-9.96% Jun 22, 2026 - Jul 29, 2026
#3	-18.95% Jan 4, 2022 - Jul 11, 2024	-5.78% Jun 2, 2026 - Jun 15, 2026
#4	-18.82% Aug 31, 2018 - Sep 13, 2019	-5.36% May 6, 2026 - May 26, 2026
#5	-14.30% Dec 1, 2015 - Apr 27, 2016	-3.55% Oct 29, 2025 - Dec 10, 2025
#6	-9.84% Apr 2, 2015 - Nov 27, 2015	-3.08% Oct 8, 2025 - Oct 15, 2025
#7	-8.94% Jul 26, 2024 - Sep 19, 2024	-2.59% Dec 10, 2025 - Dec 23, 2025
#8	-8.39% Nov 29, 2017 - May 25, 2018	-2.54% Jan 28, 2026 - Feb 6, 2026
#9	-7.34% Feb 6, 2026 - Apr 9, 2026	-1.85% Apr 27, 2026 - May 5, 2026
#10	-7.13% Sep 3, 2014 - Oct 29, 2014	-1.82% Apr 17, 2026 - Apr 24, 2026
#11	-7.06% Nov 5, 2021 - Jan 4, 2022	-1.47% Feb 11, 2026 - Feb 20, 2026
#12	-6.76% Mar 12, 2021 - Jun 8, 2021	-0.92% Feb 20, 2026 - Feb 24, 2026
#13	-6.75% Jun 8, 2021 - Oct 20, 2021	-0.86% Jun 15, 2026 - Jun 18, 2026
#14	-6.43% Jun 8, 2016 - Jul 11, 2016	-0.80% Jan 15, 2026 - Jan 22, 2026
#15	-6.29% Jan 4, 2017 - Apr 26, 2017	-0.79% Jan 6, 2026 - Jan 12, 2026

Correlation

Correlation between SMLV and VEXC is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2013 - 2026)

SMLV vs VEXC dividend yield comparison.

Year	SMLV	VEXC
2026	1.02%	1.07%
2025	2.74%	0.43%
2024	2.68%	0.00%
2023	2.68%	0.00%
2022	2.40%	0.00%
2021	2.12%	0.00%
2020	2.47%	0.00%
2019	2.62%	0.00%
2018	3.15%	0.00%
2017	7.92%	0.00%
2016	3.04%	0.00%
2015	2.63%	0.00%
2014	2.76%	0.00%
2013	3.68%	0.00%