OSCV vs SLYV
Opus Small Cap Value ETF vs State Street SPDR S&P 600 Small Cap Value ETF
Which is better, OSCV or SLYV?
SLYV has been ahead.
SLYV has a lower expense ratio. SLYV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. SLYV is less concentrated, with 8.5% of the fund in its ten largest positions against 25.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | OSCV | SLYV |
|---|---|---|
| Expense Ratio | 0.79% | 0.15%Best |
| AUM | $626M | $4.7B |
| Dividend Yield | 1.17% | 2.01% |
| Holdings | 130 | 463 |
| YTD Return | +6.44% | +12.58%Best |
| 1Y Return | +5.06% | +17.84%Best |
| 3Y Return (annualized) | +10.43% | +15.17%Best |
| 5Y Return (annualized) | +4.27% | +5.82%Best |
| Volatility (annualized) | 18.5%Best | 23.8% |
| Max Drawdown | -42.8%Best | -49.6% |
| $10,000 over 5 years | $12,325 | $13,269Best |
| Top 10 Weight | 25.2% | 8.5%Best |
| Fund Family | Aptus ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Small Cap Value |
| Inception | Jul 18, 2018 | Sep 25, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jul 18, 2018 to Oct 14, 2026 (8.2 years).
OSCV vs SLYV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.2 years both funds cover.
OSCV vs SLYV Performance
Opus Small Cap Value ETF (OSCV) is an ETF from Aptus ETFs and State Street SPDR S&P 600 Small Cap Value ETF (SLYV) is an ETF from State Street Investment Management. Over the past year OSCV returned +5.06% while SLYV returned +17.84%. Year to date, OSCV is up 6.44% versus a gain of 12.58% for SLYV.
Over three years, OSCV compounded at +10.43% per year against +15.17% for SLYV; over five years the annualized figures are +4.27% and +5.82% respectively. Across the full 8-year window we track, SLYV has the edge at +6.34% annualized vs +5.71%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLYV has been the more volatile fund, with annualized monthly volatility of 23.8% compared with 18.5% for OSCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -42.8% for OSCV and -49.6% for SLYV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
OSCV charges 0.79% per year while SLYV charges 0.15%. On a $10,000 position that is $79 vs $15 annually, a gap of $64 per year that compounds over a long holding period. On income, OSCV currently yields 1.17% against 2.01% for SLYV.
Holdings Overlap
20.6% of OSCV's money is in holdings SLYV also owns. 3.9% of SLYV's money is in holdings OSCV also owns.
OSCV and SLYV share little of their money.
17 positions in common, counted across the 70 positions we hold weights for in OSCV and 463 in SLYV, against full books of 130 and 463.
What only one of them owns
Our book lists 441 positions for SLYV that do not appear in our book for OSCV (94.8% of the fund), and 51 for OSCV that do not appear in SLYV (76.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OSCV | Weight in SLYV | Difference |
|---|---|---|---|
| SBCFSeacoast Banking Corp Of Florida | 2.32% | 0.18% | 2.14% |
| VCTRVictory Receivables Corp | 2.10% | 0.21% | 1.89% |
| HWKNHawkins Inc | 2.20% | 0.10% | 2.10% |
| ATENA10 Networks Inc | 2.04% | 0.07% | 1.97% |
| MTRNMaterion Corp | 1.64% | 0.32% | 1.32% |
| KAIKadant Inc | 1.77% | 0.17% | 1.60% |
| NOGNorthern Oil And Gas Inc | 1.11% | 0.28% | 0.83% |
| TRNOTerreno Realty Corp | 1.13% | 0.23% | 0.90% |
| FELEFranklin Electric Co Inc | 1.08% | 0.20% | 0.88% |
| MATXMatson Inc | 0.50% | 0.76% | 0.26% |
20.6% of OSCV is already inside SLYV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, OSCV or SLYV?
OSCV has an expense ratio of 0.79% while SLYV charges 0.15%. SLYV is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, OSCV or SLYV?
Over the past year OSCV returned +5.06% vs +17.84% for SLYV, so SLYV leads on 1-year performance. Over the longest common window we track (8 years), OSCV annualized +5.71% vs +6.34% for SLYV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OSCV or SLYV?
SLYV has been the more volatile fund at 23.8% annualized versus 18.5% for OSCV. Worst drawdown: OSCV -42.8% vs SLYV -49.6%.
Should I hold both OSCV and SLYV?
OSCV and SLYV have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between OSCV and SLYV?
20.6% of OSCV's money is in holdings SLYV also owns. 3.9% of SLYV's is in holdings OSCV also owns. They hold 17 positions in common, counted across the 70 positions we hold weights for in OSCV and 463 in SLYV.
Which pays a higher dividend, OSCV or SLYV?
OSCV yields 1.17% while SLYV yields 2.01%, so SLYV currently pays the higher dividend yield.
Is SLYV better than OSCV?
SLYV has a lower expense ratio. SLYV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. SLYV is less concentrated, with 8.5% of the fund in its ten largest positions against 25.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.