Distillate Small/Mid Cash Flow ETF
$42.35−0.39 (−0.90%)
- Expense ratio
- 0.55%
- Fund size
- $141M
- 1Y return
- +19.2%
- Yield · Last 12 months
- 1.09%
- Holdings
- 99
- Volume · 30D
- 0M sh
- NAV per share
- $42.68
- 52W range
The ETF.net DSMC Grade
Score 52 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 54Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.BScore 66Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 46Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 41Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 72Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 59Category rank
Our read on DSMC
CSmall-cap value usually means buying whatever screens cheap. Distillate ranks on free cash flow instead and typically skips heavily indebted companies, so the bargain bin arrives pre-sorted for balance sheets.
The fund seeks long-term capital appreciation through an actively managed strategy focused on securities with attractive valuation and cash-flow and quality characteristics.
Why people hold it
- 0.55% a year, below the median for active US stock ETFs. Active stock picking without the old-school active price tag.
- The screen scores valuation on free cash flow and quality on a proprietary debt-to-income measure, and typically avoids companies carrying significant leverage.distillatecapital.com
- A tight book of roughly 100 small and mid caps, and what it owns stands among the stronger portfolios in its active US equity peer group. Pays quarterly.
Worth knowing
- Thinly traded and modest in size next to index giants, so spreads can run wider. Limit orders matter more here than on a mega-cap fund.
- Cash-flow and leverage screens cut out sizeable slices of the small-cap market, so sector weights and results can wander well away from a plain small-cap index.distillatecapital.com
- Smaller companies move harder in both directions than large caps, a risk the fund's own prospectus spells out. Launched in 2022, so the live record is short.distillatecapital.com
DSMC Holdings
- Stocks
- 99
- 11%
- SWKS
Sectors
- Consumer Discr.20.8%
- Technology19.7%
- Industrials16.2%
- Energy12.4%
- Health Care8.4%
- Cons. Staples8.2%
- Materials6.1%
- Communication4.9%
- Financials3.3%
Geography
- United States94.53%
- Bermuda2.87%
- Ireland2.10%
- Cayman Islands0.51%
DSMC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DSMC |
|---|---|
| Year to date | +21.1% |
| 1 month | −3.3% |
| 3 months | +8.9% |
| 1 year | +19.2% |
| 3 years | +13.7% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DSMC |
|---|---|---|
| 2026 YTD | +21.1% | |
| 2025 | +2.7% | |
| 2024 | +2.8% | |
| 2023 | +29.5% | |
| 2022 | +8.7% |
DSMC in the news
ETF.net Research hasn’t filed on DSMC yet — coverage lands here as it’s written.
DSMC Dividends
- 1.09%
- $0.47
- $0.12 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 26, 2026 | $0.12 |
| Mar 26, 2026 | Mar 27, 2026 | $0.11 |
| Dec 29, 2025 | Dec 30, 2025 | $0.15 |
| Sep 24, 2025 | Sep 25, 2025 | $0.09 |
| Jun 25, 2025 | Jun 26, 2025 | $0.11 |
| Mar 26, 2025 | Mar 27, 2025 | $0.08 |
| Dec 27, 2024 | Dec 30, 2024 | $0.16 |
| Sep 25, 2024 | Sep 26, 2024 | $0.10 |
| Jun 26, 2024 | Jun 27, 2024 | $0.10 |
| Mar 20, 2024 | Mar 22, 2024 | $0.10 |
| Dec 27, 2023 | Data unavailable | $0.11 |
| Sep 20, 2023 | Sep 22, 2023 | $0.09 |
DSMC Risk
- 17.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.57
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −28.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DSMC Cost
- The middle half of US Active Small/Mid-Cap funds
- Median 0.55%
20 of the 47 US Active Small/Mid-Cap funds charge less.