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CSDvsSMMDETF Comparison

ETF 1

CSD

Invesco S&P Spin-Off ETF

This fund is part of

US All Cap

+0.09%

Full CSD fund page

VS

ETF 2

SMMD

iShares Russell 2500 ETF

This fund is part of

US Multi-Factor

+0.14%

Full SMMD fund page

Invesco S&P Spin-Off ETF (CSD) belongs to the US All Cap segment. iShares Russell 2500 ETF (SMMD) is part of the US Multi-Factor segment. CSD's top 3 sector exposures are Industrials, Non-Energy Materials and Healthcare. In contrast, SMMD's top sector exposures are Finance, Industrials and Healthcare. CSD is more expensive with a Total Expense Ratio (TER) of 0.67%, versus 0.23% for SMMD. CSD is up 35.06% year-to-date (YTD) with +$114M in YTD flows. SMMD performs worse with 20.25% YTD performance, and +$876M in YTD flows. Run a side-by-side ETF comparison of CSD and SMMD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CSD vs SMMD performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 07/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	CSD SMMD	-7.78%-1.58%	+4.75%+6.51%	+35.06%+20.25%	+54.00%+29.08%	+130.75%+57.89%	+114.76%+50.61%
Flows	CSD SMMD	+$24M-$283M	+$76M+$432M	+$114M+$876M	+$113M+$1.45B	+$110M+$1.97B	+$96M+$2.47B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	CSD SMMD	+25.94%+17.77%	+25.14%+17.82%	+23.57%+19.38%	+23.09%+20.95%
Max drawdown	CSD SMMD	-10.01%-4.22%	-11.36%-9.48%	-30.15%-25.55%	-30.15%-28.20%
Max drawdown duration	CSD SMMD	27d16d	41d43d	230d283d	230d980d

Trading data

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	CSD	SMMD
Last sale 7/27/2026 at 1:30 PM	$134.53	$89.64
Previous close 07/27/2026	$135.28	$89.18
Consolidated volume 07/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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	CSD	SMMD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/27/2026 at 1:30 PM

Live

Closed

	CSD	SMMD
Last price	$134.53	$89.64
1D performance	-0.55%	+0.52%
AuM	$228.89 M	$3.59 B
E/R	0.67%	0.23%

Characteristics

	CSD	SMMD
Management strategy	Passive	Passive
Provider	Invesco	iShares
Benchmark	S&P U.S. Spin-Off Index	Russell 2500 Index
N° of holdings	25	2467
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 15, 2006	July 6, 2017
ESG	No	No

More CSD data on Trackinsight

More SMMD data on Trackinsight

Exposure

Countries

CSD

USA

91.63%

Other

8.37%

SMMD

USA

95.04%

Other

4.96%

Sectors

CSD

Industrials

34.1%

Non-Energy Materi.

16.99%

Healthcare

12.33%

Technology

10.75%

Consumer Cyclical.

7.99%

Other

17.84%

SMMD

Finance

23.86%

Industrials

15.48%

Healthcare

14.26%

Technology

13.89%

Non-Energy Materi.

8.19%

Other

24.33%

Diversification

CSD

Total weight of top 15 holdings out of 15

81.92%

SMMD

Total weight of top 15 holdings out of 15

4.88%

Top 15 holdings

Data as of June 30, 2026

CSD

Sandisk Corp.

8.90%

GE Vernova, Inc.

8.43%

Qnity Electronics, Inc.

7.92%

GE Healthcare Technologies, Inc.

7.22%

Solstice Advanced Materials, Inc.

6.55%

US3143521058

6.14%

Ralliant Corp.

4.85%

Everus Construction Group, Inc.

4.74%

Crane Co.

4.70%

Veralto Corp.

4.56%

U-Haul Holding Co.

4.52%

Solventum Corp.

4.13%

Versant Media Group, Inc.

3.46%

Liberty Live Holdings, Inc.

2.98%

RXO, Inc.

2.80%

SMMD

MKS, Inc.

0.40%

Carpenter Technology Corp.

0.40%

nVent Electric Plc

0.36%

ATI, Inc.

0.35%

MACOM Technology Solutions Holdings, Inc.

0.34%

Woodward, Inc.

0.34%

Sterling Infrastructure, Inc.

0.33%

F5, Inc.

0.31%

Affirm Holdings, Inc.

0.30%

NiSource, Inc.

0.30%

SoFi Technologies, Inc.

0.30%

US Foods Holding Corp.

0.30%

C.H. Robinson Worldwide, Inc.

0.29%

Lattice Semiconductor Corp.

0.28%

Packaging Corporation of America

0.27%

Frequently asked questions about CSD and SMMD

How have the CSD and SMMD ETFs performed in 2026?

As of July 27, 2026, CSD is up 35.06% year-to-date (YTD), while SMMD has returned 20.25%. That puts CSD better performer ahead so far this year.

Which ETF is attracting more investor money: CSD or SMMD?

Year-to-date, the CSD ETF saw +$114M in flows, compared to +$876M for SMMD.

Which ETF is more volatile: CSD or SMMD?

Over the past year, CSD had a volatility of 25.14%, while SMMD experienced 17.82%.

Which ETF is bigger: CSD or SMMD?

As of July 27, 2026, CSD holds $228.89 M in assets under management (AUM), while SMMD manages $3.59 B.

What sectors do the CSD and SMMD ETFs invest in?

CSD leans toward sectors like Industrials, Non-Energy Materials and Healthcare. Meanwhile, SMMD focuses on Finance, Industrials and Healthcare.

What are the top holdings of the CSD ETF and SMMD ETF?

CSD top holdings include Sandisk Corp., GE Vernova, Inc. and Qnity Electronics, Inc.. SMMD holds in its top three: MKS, Inc., Carpenter Technology Corp. and nVent Electric Plc.

Which ETF is more diversified: CSD or SMMD?

CSD holds 25 securities with 81.92% of its assets in the top 15. SMMD has 2505 securities and a top 15 weight of 4.88%.

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April 10, 2024

CSD

CSDvsSMMDETF Comparison

Invesco S&P Spin-Off ETF

iShares Russell 2500 ETF

CSD vs SMMD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the CSD and SMMD ETFs performed in 2026?

As of July 27, 2026, CSD is up 35.06% year-to-date (YTD), while SMMD has returned 20.25%. That puts CSD better performer ahead so far this year.

Which ETF is attracting more investor money: CSD or SMMD?

Year-to-date, the CSD ETF saw +$114M in flows, compared to +$876M for SMMD.

Which ETF is more volatile: CSD or SMMD?

Over the past year, CSD had a volatility of 25.14%, while SMMD experienced 17.82%.

Which ETF is bigger: CSD or SMMD?

As of July 27, 2026, CSD holds $228.89 M in assets under management (AUM), while SMMD manages $3.59 B.

What sectors do the CSD and SMMD ETFs invest in?

CSD leans toward sectors like Industrials, Non-Energy Materials and Healthcare. Meanwhile, SMMD focuses on Finance, Industrials and Healthcare.

What are the top holdings of the CSD ETF and SMMD ETF?

CSD top holdings include Sandisk Corp., GE Vernova, Inc. and Qnity Electronics, Inc.. SMMD holds in its top three: MKS, Inc., Carpenter Technology Corp. and nVent Electric Plc.

Which ETF is more diversified: CSD or SMMD?

CSD holds 25 securities with 81.92% of its assets in the top 15. SMMD has 2505 securities and a top 15 weight of 4.88%.

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