SMIZ
Zacks Small/Mid Cap ETF
📎 Investment Objective
The Zacks Small/Mid Cap ETF (SMIZ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Zacks Small-Mid Cap Index.
Overview
ETF tracking Zacks Small/Mid Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Zacks Small/Mid Cap ETF (SMIZ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Zacks Small-Mid Cap Index.
🎯 Investment Strategy
The ETF invests in a portfolio of small and mid-cap U.S. equities that are selected and weighted based on a proprietary methodology developed by Zacks Investment Research. The goal is to provide exposure to a diversified basket of smaller capitalization stocks with the potential for capital appreciation.
✨ Key Features
- Focuses on small and mid-cap U.S. stocks
- Uses a quantitative, rules-based index methodology to select and weight holdings
- Aims to provide broad exposure to the small and mid-cap segments of the U.S. equity market
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Smaller company risk - Small and mid-cap stocks may be more volatile and less liquid than large-cap stocks
- Market risk - The value of the ETF's holdings may decline due to general market and economic conditions
- Concentration risk - The ETF's performance may be more sensitive to any single industry or company
- Tracking error risk - The ETF may not perfectly track the underlying index
👤 Best For
The Zacks Small/Mid Cap ETF may be suitable for investors seeking broad exposure to the small and mid-cap segments of the U.S. equity market as part of a diversified portfolio. It could be appropriate for investors with a longer-term investment horizon and a moderate to high risk tolerance.