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TEQI vs SMLF

T. Rowe Price Equity Income ETF vs iShares U.S. Small-Cap Equity Factor ETF

TEQI

T. Rowe Price Equity Income ETF

Annual cost

0.54%

Fund size

$406M

SMLF

iShares U.S. Small-Cap Equity Factor ETF

Annual cost

0.15%

Fund size

$3.9B

Key differences

Both TEQI and SMLF are equity ETFs. TEQI charges 0.54% a year and SMLF 0.15%. The main difference: TEQI follows a active selection strategy; SMLF uses index tracking.

  • TEQI follows a active selection strategy; SMLF uses index tracking.
  • SMLF costs 0.39% less per year.
  • SMLF is much larger than TEQI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, SMLF has delivered higher annualized returns.
  • SMLF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TEQISMLF
Annual cost (TER)0.54%0.15%
Fund size (AUM)$406M$3.9B
Since20202015
Dividend yield1.54%1.03%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+21.2%+29.2%
CAGR 3Y+17.3%+21.0%
CAGR 5Y+9.2%+10.6%
Sharpe 3Y1.030.88
Volatility 1Y10.59%17.39%
Max drawdown-17.82%-41.89%

Similar to TEQI and SMLF