Verified factor-similar pair

PSC vs SMLF

These two ETFs pass the same FF6 US similarity lane: US-listed equity ETFs, same USD model basis, at least one material non-market factor, and 100% overlap in statistically significant material factor exposure.

SMB

Similarity score

Verified similar

Score blends exposure-level distance, factor-vector shape, market-beta closeness, and a small backtested relative-Sharpe term.

PSC

Principal U.S. Small-Cap ETF

SMB

Adj. R2

0.955

Rel. Sharpe

0.902

Mkt beta

1.01

AUM

US$1.9B

MER

0.38%

Valuation

210

SMLF

iShares U.S. SmallCap Equity Factor ETF

SMB

Adj. R2

0.936

Rel. Sharpe

1.074

Mkt beta

1.00

AUM

US$3.4B

MER

0.15%

Valuation

108

Factor Exposure Match

Blue bars compare raw factor beta magnitude. Green bars compare absolute t-stat strength. Dim bars indicate the t-stat is below 1.96.

SMB

PSC

+0.76

|t|

+14.1

SMLF

+0.63

|t|

+11.5

diff +0.13

HML

PSC

+0.25

|t|

+5.5

SMLF

+0.21

|t|

+4.4

diff +0.04

RMW

PSC

+0.08

|t|

+1.3

SMLF

+0.10

|t|

+1.6

diff -0.02

CMA

PSC

-0.07

|t|

-1.1

SMLF

+0.00

|t|

+0.0

diff -0.07

UMD

PSC

+0.05

|t|

+1.2

SMLF

+0.10

|t|

+2.8

diff -0.06

Why This Pair Matches

Exposure level

Exposure shape

100

Mkt beta diff

0.01

Rel. Sharpe diff

0.172

This comparison focuses on measured factor exposure, not a qualitative review of each fund's portfolio-construction process. Backtested relative Sharpe is included as a secondary signal, while we continue refining a comparison metric that separates factor payoff from alpha. See methodology.

PSC fund page SMLF fund page US ETF Leaders US Universe

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