Best ETFs
Schwab and Vanguard charge the same 0.03%. Their small-cap funds are 3.7 percentage points apart
Royce Quant Small-Cap Quality Value ETF
$53.65+0.44 (+0.83%)
- 0.60%
- $40M
- +28.9%
- 1.01%
- 6.1K sh
- low $39.95high $55.30
The ETF.net SQLV Grade
B
Score 62 out of 100
- 10 of 41
Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C48 out of 100Rank 22 of 41Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A71 out of 100Rank 5 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 9 of 41Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A71 out of 100Rank 12 of 41Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 10 of 41
Our read on SQLV
In short
BAn active small-cap fund with an algorithm at the wheel. Royce's quant screen ranks US small caps on value, quality and momentum, then spreads the money across roughly 300 names instead of a concentrated stock-picker's short list.
Stated mandate
The fund seeks long-term capital growth.
Why people hold it
Worth knowing
SQLV Holdings
- Stocks
- 301
- 9%
- DXC
Sectors
- Financials19.3%
- Health Care18.7%
- Technology14.8%
- Consumer Discretionary13.2%
- Industrials10.3%
- Consumer Staples7.7%
- Communication5.6%
- Energy4.4%
- Materials4.3%
- Real Estate1.6%
- Utilities0.3%
Geography
- United States100.00%
SQLV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
SQLV$12,890
Returns run to the Oct 30, 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 | SQLV |
|---|---|
| Year to date | +24.2% |
| 1 month | +4.6% |
| 3 months | +0.5% |
| 1 year | +28.9% |
| 3 years | +17.4% |
| 5 years | +7.7% |
| 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 | SQLV |
|---|---|---|
| 2026 YTD | +24.2% | |
| 2025 | +2.5% | |
| 2024 | +4.7% | |
| 2023 | +21.2% | |
| 2022 | −12.8% | |
| 2021 | +37.1% | |
| 2020 | +7.2% |
SQLV in the news
SQLV Dividends
- 1.01%
- $0.54
- $0.15 per share
- Quarterly
SQLV Risk
- 18.2%
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.
- 0.73
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.
- −26.9%
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.
- 1.00
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SQLV Cost
Overpaying vs AVSC, cheapest in US Active Small-Cap
$6,658
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SQLV 0.60%
$11,817
AVSC 0.25% Cheapest
$5,159
Cost over time
Year by year
| Year | SQLV | AVSC | Overpaying |
|---|---|---|---|
| 10 | $1,076 | $455 | $621 |
| 20 | $4,116 | $1,769 | $2,347 |
| 30 | $11,817 | $5,159 | $6,658 |
Other funds in US Active Small-Cap
- BFSMLFranklin Small Cap Enhanced ETFExpense ratio 0.45%1 year return
- BFSCCFederated Hermes MDT Small Cap Core ETFExpense ratio 0.36%1 year return +13.6%
- BSEISSEI Select Small Cap ETFExpense ratio 0.55%1 year return +16.2%
- BSIXSETC 6 Meridian Small Cap Equity ETFExpense ratio 0.50%1 year return +20.9%
- BFSEGFidelity Enhanced Small Cap Growth ETFExpense ratio 0.28%1 year return
