Which returned more over the last year, SDVY or SPSM?

In the year to Oct 28, 2026, with distributions reinvested, SDVY returned +12.2% and SPSM +17.6%.

Which is cheaper, SDVY or SPSM?

SPSM is cheaper, by 0.55 percentage points a year. That is about $55 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do SDVY and SPSM overlap with the S&P 500?

By their latest filed holdings, 24% of SDVY and 0% of SPSM by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

SDVY vs SPSM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SDVY returned +12.2% to SPSM's +17.6%; 9% of their weight is in the same names.

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Net assets on Oct 27, 2026: $11.1bn for First Trust SMID Cap Rising Dividend Achievers ETF and $16.0bn for State Street SPDR Portfolio S&P 600 Small Cap ETF.

SDVY on its own →SPSM on its own →

At a glance

+12.2%

SDVY total return, 1 year

+17.6%

SPSM total return, 1 year

0.58%

SDVY expense ratio

0.03%

SPSM expense ratio

Pair scorecard

SPSM costs 0.55 points a year less; their one-year returns differ by 5.4 points; SPSM is 1.4 times larger.

SDVY vs SPSM: Differences, Returns & Fees
Measure	SDVY	SPSM
Return
Measure	SDVY	SPSM
Total return, 1 year	+12.2%	+17.6%
Drawdown
Measure	SDVY	SPSM
Below its high	6.6%, high on Aug 4, 2026	6.7%, high on Aug 14, 2026
Benchmark
Measure	SDVY	SPSM
What it tracks	Nasdaq US Small Mid Cap Rising Dividend Achievers Index	S&P SmallCap 600 Index
Cost and size
Measure	SDVY	SPSM
Expense ratio	0.58%	0.03%
Net assets, as of Oct 27, 2026	$11.1bn	$16.0bn
Holdings
Measure	SDVY	SPSM
Holdings in common	9%
Top ten holdings, share of the fund	10.2%	5.3%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Nov 10, 2017 to Oct 23, 2026 · 467 weekly returns

SDVY SPSM

Return

Total return edge SDVY +147.8% +115.9%

Annualized edge SDVY +10.6% +8.9%

Price return edge SDVY +113.0% +85.9%

Risk

Volatility edge SDVY (slight) 22.8% 23.5%

Max drawdown edge SDVY (slight) −40.5% −41.9%

Downside capture 101.6% 100.3%

Beta 1.05 1.00

Risk-adjusted

Sharpe edge SDVY 0.44 0.37

Sortino edge SDVY 0.63 0.53

Treynor 0.095 0.091

Calmar edge SDVY 0.26 0.21

Against the benchmark

Alpha −2.5% a year −0.5% a year

Alpha t-stat −0.60 −0.73

Information ratio −0.15 −0.20

Tracking error 12.4% 2.4%

Each against its own benchmark: SDVY against IWV, Nov 10, 2017 to Oct 23, 2026; SPSM against IJR, Jul 19, 2013 to Oct 23, 2026.

Reading

SDVY returned more: +147.8% to +115.9%. SDVY swung slightly less: 22.8% to 23.5%. SDVY fell slightly less at its worst: −40.5% to −41.9%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: SDVY vs SPSM: Differences, Returns & Fees
Measure	SDVY	SPSM	Edge	How it is measured
Return
Total return	+147.8%	+115.9%	SDVY	Price change plus distributions, reinvested.
Annualized	+10.6%	+8.9%	SDVY	Total return as a yearly rate.
Price return	+113.0%	+85.9%	SDVY	Price change alone, distributions left out.
Risk
Volatility	22.8%	23.5%	SDVY (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	16.0%	16.3%	SDVY (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−40.5%	−41.9%	SDVY (slight)	Deepest fall from a high to the low after it.
Upside capture	95.2%	99.1%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	101.6%	100.3%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.05	1.00	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.70	0.99	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.44	0.37	SDVY	Return above Treasury bills per unit of volatility.
Sortino	0.63	0.53	SDVY	Return above Treasury bills per unit of downside deviation.
Treynor	0.095	0.091		Return above Treasury bills per unit of beta.
Calmar	0.26	0.21	SDVY	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	IWV	IJR		The ETF each fund is measured against.
Alpha	−2.5% a year	−0.5% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.60	−0.73	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−10.7% to +5.7%	−1.8% to +0.8%	Includes zero	The 95% range for the yearly alpha.
Information ratio	−0.15	−0.20		Return against its benchmark per unit of tracking error.
Tracking error	12.4%	2.4%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 467 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, SDVY and SPSM hold 9% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

9% in common

Positions both hold · largest shared weight first SDVY SPSM

Paycom Software, Inc. 0.79% 0.58%

Match Group Inc. 0.83% 0.57%

Zurn Elkay Water Solutions Corp. 0.43% 0.41%

Balchem Corporation 0.87% 0.31%

Argan, Inc. 0.29% 0.27%

Eastern Bankshares, Inc. 0.47% 0.27%

Installed Building Products, Inc. 0.69% 0.27%

Powell Industries, Inc. 0.32% 0.27%

Cactus, Inc. (Class A) 0.57% 0.26%

Fulton Financial Corporation 0.49% 0.26%

Badger Meter, Inc. 0.90% 0.25%

International Seaways, Inc. 0.25% 0.27%

Only in one fund ↓

Only in SDVY

Reinsurance Group of America, Incorporated 1.06%

Williams-Sonoma, Inc. 1.06%

The Hanover Insurance Group, Inc. 1.05%

Assurant, Inc. 1.00%

VeriSign, Inc. 1.00%

Watts Water Technologies, Inc. 0.98%

East West Bancorp, Inc. 0.97%

Expedia Group, Inc. 0.96%

Only in SPSM

GLAUKOS CORP 0.61%

VIASAT INC 0.56%

SM ENERGY CO 0.53%

PROTAGONIST THERAPEUTICS INC 0.52%

RYMAN HOSPITALITY PROPERTIES 0.52%

JACKSON FINANCIAL INC A 0.48%

LIFE TIME GROUP HOLDINGS INC 0.48%

ELEMENT SOLUTIONS INC 0.46%

Check overlap with more funds →

Side by side

SDVY First Trust SMID Cap Rising Dividend Achievers ETF SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF

Where it sits Stock ETF Stock ETF

Issuer First Trust State Street

What it is Tracks an index Tracks an index

Total return, 1 year +12.2% +17.6%

Its benchmark over the same days +13.3% (IWV) +17.5% (IJR)

Gap to its benchmark −1.1 pts vs IWV +0.1 pts vs IJR

Expense ratio 0.58% 0.03%

Already in the S&P 500 23.5% 0.0%

Holdings 172 609

Net assets, as of Oct 27, 2026 $11.1bn $16.0bn

SDVY and SPSM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-C27F960A12

SDVY and SPSM are built for the same job. How do they differ in cost, holdings and results?

What each follows. SDVY follows Nasdaq US Small Mid Cap Rising Dividend Achievers Index and SPSM follows S&P SmallCap 600 Index.
Holdings in common. 9% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 SDVY returned +12.2% and SPSM +17.6% with distributions reinvested, a gap of 5.4 points.

Data as of Oct 28, 2026.

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About each fund

SDVY

Over the year to Oct 28, 2026 it returned +12.2% with distributions reinvested, against +13.3% for its benchmark, the Russell 3000 Index.

SDVY tracks an index. The prospectus expense ratio is 0.58% a year. By its holdings published by its issuer for Oct 27, 2026, 24% of the fund by weight is stocks the S&P 500 also holds, across 172 positions, with the top ten at 10.2%. It sat 6.6% below its high of Aug 4, 2026 on Oct 28, 2026.

SPSM

SPSM tracks an index. Over the year to Oct 28, 2026 it returned +17.6% with distributions reinvested, against +17.5% for its benchmark, the S&P SmallCap 600 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 609 positions, with the top ten at 5.3%. It sat 6.7% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SDVY or SPSM?: In the year to Oct 28, 2026, with distributions reinvested, SDVY returned +12.2% and SPSM +17.6%.
Which is cheaper, SDVY or SPSM?: SPSM is cheaper, by 0.55 percentage points a year. That is about $55 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SDVY and SPSM overlap with the S&P 500?: By their latest filed holdings, 24% of SDVY and 0% of SPSM by weight is stocks the S&P 500 already holds.

Other comparisons

SDVY vs VTWO FNDA vs SDVY SDVY vs VB IJR vs SDVY FNDA vs SPSM IJT vs SPSM FESM vs SPSM SLYG vs SPSM

Where to next

SDVY on its own →SPSM on its own →Hold both: look the portfolio through →Rankings →SDVY dividend history →SDVY holdings →SPSM dividend history →SPSM holdings →Standards and sources →

Sources and dates

SDVY filings on SEC EDGAR ↗

SDVY prospectus with the expense ratio (SEC) ↗

First Trust page for SDVY ↗

SPSM filings on SEC EDGAR ↗

SPSM prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, SDVY against SPSM, data as of Oct 28, 2026. https://etfiq.com/compare/any/sdvy-vs-spsm

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