Zacks Small/Mid Cap ETFZacks Small/Mid Cap ETFZacks Small/Mid Cap ETF

Zacks Small/Mid Cap ETF

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Key stats


Assets under management (AUM)
‪148.75 M‬USD
Fund flows (1Y)
‪56.44 M‬USD
Dividend yield (indicated)
0.42%
Discount/Premium to NAV
−0.03%
Shares outstanding
‪4.22 M‬
Expense ratio
0.56%

About Zacks Small/Mid Cap ETF


Issuer
The Greenwood Trust
Brand
Zacks
Home page
Inception date
Oct 3, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Zacks Investment Management, Inc.
Distributor
Northern Lights Distributors LLC
ISIN
US98888G2049
SMIZ invests in small- and mid-cap stocks listed on US exchanges. The fund considers securities from the Russell 2000 and Russell Mid Cap Indexes that are perceived to possess sound fundamentals and growth potential. Utilizing a proprietary quantitative model based on sell-side analyst data, the fund first focuses on four factors: Agreement (earnings estimate revisions), Magnitude (size of earnings estimate revisions), Upside (how earnings estimate compare to consensus estimates), and Surprise (differences between actual earnings versus the consensus estimates). Stocks are then selected based on the portfolio managers qualitative judgement. Holdings are rebalanced monthly using the same quantitative analysis but may consider qualitative factors, such as corporate actions and reorganizations. As an actively managed fund, SMIZ has full discretion to make buy, hold, or sell decisions at any time. The fund may hold derivatives, which opens investors to potential counterparty risk.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Extended market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Technology Services
Stock breakdown by region
97%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SMIZ trades at 35.88 USD today, its price has risen 1.85% in the past 24 hours. Track more dynamics on SMIZ price chart.
SMIZ net asset value is 35.89 today — it's fallen 2.42% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SMIZ assets under management is ‪148.75 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SMIZ price has fallen by −4.08% over the last month, and its yearly performance shows a 1.82% increase. See more dynamics on SMIZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.42% over the last month, have fallen by −2.42% over the last month, showed a 1.44% increase in three-month performance and has increased by 3.96% in a year.
SMIZ fund flows account for ‪56.44 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SMIZ invests in stocks. See more details in our Analysis section.
SMIZ expense ratio is 0.56%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SMIZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SMIZ technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SMIZ shows the neutral signal. See more of SMIZ technicals for a more comprehensive analysis.
Yes, SMIZ pays dividends to its holders with the dividend yield of 0.42%.
SMIZ trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SMIZ shares are issued by The Greenwood Trust
SMIZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 3, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.