diff --git a/crates/dbg-swc/scripts/check-size.sh b/crates/dbg-swc/scripts/check-size.sh
index f9fdcecd572..67c0a4971e7 100755
--- a/crates/dbg-swc/scripts/check-size.sh
+++ b/crates/dbg-swc/scripts/check-size.sh
@@ -2,4 +2,4 @@
 set -eu
 
 # cargo run -- minify ensure-size --no-terser $1 > list.txt
-cat list.txt | xargs -L 1 cargo run --release -- minify reduce
\ No newline at end of file
+cat list.txt | xargs -L 1 cargo run --release -- minify reduce --mode semantics
\ No newline at end of file
diff --git a/crates/dbg-swc/src/main.rs b/crates/dbg-swc/src/main.rs
index f90867b5208..19770368379 100644
--- a/crates/dbg-swc/src/main.rs
+++ b/crates/dbg-swc/src/main.rs
@@ -63,7 +63,7 @@ fn main() -> Result<()> {
 
     let cm = Arc::new(SourceMap::default());
 
-    if env::var("CREDUCE_COMPARE").unwrap_or_default() == "1" {
+    if let Ok(mode) = env::var("CREDUCE_COMPARE") {
         return try_with_handler(
             cm.clone(),
             HandlerOpts {
@@ -75,33 +75,54 @@ fn main() -> Result<()> {
                     HANDLER.set(handler, || {
                         //
 
-                        let m = get_minified(cm.clone(), "input.js".as_ref(), true, true)?;
+                        if mode == "SIZE" {
+                            let m = get_minified(cm.clone(), "input.js".as_ref(), true, true)?;
 
-                        let swc_output = print_js(cm.clone(), &m.module, true)?;
+                            let swc_output = print_js(cm.clone(), &m.module, true)?;
 
-                        let terser_output = get_terser_output("input.js".as_ref(), true, true)?;
-                        if swc_output.len() > terser_output.len() {
-                            return Ok(());
+                            let terser_output = get_terser_output("input.js".as_ref(), true, true)?;
+                            if swc_output.len() > terser_output.len() {
+                                return Ok(());
+                            }
+
+                            // We only care about length, so we can replace it.
+                            //
+                            // We target es5, but esbuild does not support it
+                            let swc_output = swc_output.replace("\\n", "_");
+
+                            let esbuild_output = get_esbuild_output("input.js".as_ref(), true)?;
+
+                            if swc_output.len() > esbuild_output.len() {
+                                return Ok(());
+                            }
+
+                            println!(
+                                "swc size = {}, esbuild size = {}",
+                                swc_output.len(),
+                                esbuild_output.len()
+                            );
+
+                            bail!("We don't care about this file")
+                        } else if mode == "SEMANTICS" {
+                            let m = get_minified(cm.clone(), "input.js".as_ref(), true, false)?;
+
+                            let swc_output = print_js(cm.clone(), &m.module, true)?;
+
+                            let terser_output =
+                                get_terser_output("input.js".as_ref(), true, false)?;
+
+                            if swc_output.len() <= 1000 || terser_output.len() <= 1000 {
+                                bail!("We don't care about this file because it's too small")
+                            }
+
+                            if swc_output.trim() == terser_output.trim() {
+                                bail!("We don't care about this file")
+                            }
+
+                            Ok(())
+                        } else {
+                            unreachable!("Unknown mode `{}`", mode)
                         }
-
-                        // We only care about length, so we can replace it.
-                        //
-                        // We target es5, but esbuild does not support it
-                        let swc_output = swc_output.replace("\\n", "_");
-
-                        let esbuild_output = get_esbuild_output("input.js".as_ref(), true)?;
-
-                        if swc_output.len() > esbuild_output.len() {
-                            return Ok(());
-                        }
-
-                        println!(
-                            "swc size = {}, esbuild size = {}",
-                            swc_output.len(),
-                            esbuild_output.len()
-                        );
-
-                        bail!("We don't care about this file")
                     })
                 })
             },
diff --git a/crates/dbg-swc/src/minify/reduce.rs b/crates/dbg-swc/src/minify/reduce.rs
index e196fc8bf34..1bf4f76383a 100644
--- a/crates/dbg-swc/src/minify/reduce.rs
+++ b/crates/dbg-swc/src/minify/reduce.rs
@@ -7,13 +7,22 @@ use std::{
 };
 
 use anyhow::{Context, Result};
-use clap::Args;
+use clap::{ArgEnum, Args};
 use sha1::{Digest, Sha1};
 use swc_common::SourceMap;
 
 #[derive(Debug, Args)]
 pub struct ReduceCommand {
     pub path: PathBuf,
+
+    #[clap(long, arg_enum)]
+    pub mode: ReduceMode,
+}
+
+#[derive(Debug, Clone, Copy, ArgEnum)]
+pub enum ReduceMode {
+    Size,
+    Semantics,
 }
 
 impl ReduceCommand {
@@ -21,7 +30,14 @@ impl ReduceCommand {
         fs::copy(&self.path, "input.js").context("failed to copy")?;
 
         let mut c = Command::new("creduce");
-        c.env("CREDUCE_COMPARE", "1");
+
+        c.env(
+            "CREDUCE_COMPARE",
+            match self.mode {
+                ReduceMode::Size => "SIZE",
+                ReduceMode::Semantics => "SEMANTICS",
+            },
+        );
         let exe = current_exe()?;
         c.arg(&exe);
         c.arg("input.js");