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SMLFvsSMMDETF Comparison
iShares U.S. Small-Cap Equity Factor ETF (SMLF) and iShares Russell 2500 ETF (SMMD) belong to the same industry segment: US Multi-Factor. Both ETFs have the same top 3 sector exposures: Industrials, Financials and Information Technology. SMLF is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.23% for SMMD. SMLF is up 1.81% year-to-date (YTD) with +$430M in YTD flows. SMMD performs better with 3.54% YTD performance, and +$58M in YTD flows. Run a side-by-side ETF comparison of SMLF 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.
SMLF vs SMMD performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SMLF SMMD | -4.04%-4.30% | -1.28%+0.28% | +1.81%+3.54% | +24.32%+25.79% | +60.53%+53.36% | +52.80%+28.68% |
| Flows | SMLF SMMD | +$94M+$109M | +$472M+$146M | +$430M+$58M | +$1.34B+$674M | +$1.84B+$1.36B | +$1.95B+$1.70B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SMLF SMMD | +16.81%+16.77% | +22.59%+21.93% | +19.91%+19.21% | +21.22%+20.89% |
| Max drawdown | SMLF SMMD | -5.65%-5.60% | -16.13%-15.86% | -26.10%-25.55% | -26.10%-28.20% |
| Max drawdown duration | SMLF SMMD | 48d13d | 46d46d | 266d283d | 266d980d |
SMLF | SMMD | |
Last sale 3/12/2026 at 6:04 PM | $74.91 | $76.64 |
| Previous close 03/11/2026 | $76.17 | $77.64 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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SMLF | SMMD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
SMLF | SMMD | |
|---|---|---|
| Last price | $74.91 | $76.64 |
| 1D performance | -1.65% | -1.29% |
| AuM | $3.30 B | $2.33 B |
| E/R | 0.15% | 0.23% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the SMLF and SMMD ETFs performed in 2026?
As of March 11, 2026, SMLF is up 1.81% year-to-date (YTD), while SMMD has returned 3.54%. That puts SMMD better performer ahead so far this year.
Which ETF is attracting more investor money: SMLF or SMMD?
Year-to-date, the SMLF ETF saw +$430M in flows, compared to +$58M for SMMD.
Which ETF is more volatile: SMLF or SMMD?
Over the past year, SMLF had a volatility of 22.59%, while SMMD experienced 21.93%.
Which ETF is bigger: SMLF or SMMD?
As of March 11, 2026, SMLF holds $3.30 B in assets under management (AUM), while SMMD manages $2.33 B.
What sectors do the SMLF and SMMD ETFs invest in?
SMLF leans toward sectors like Industrials, Financials and Information Technology. Meanwhile, SMMD focuses on Industrials, Financials and Information Technology.
What are the top holdings of the SMLF ETF and SMMD ETF?
SMLF top holdings include US80004C2008, EMCOR GROUP and COMFORT SYSTEMS USA. SMMD holds in its top three: US80004C2008, COMFORT SYSTEMS USA and BLOOM ENERGY CORP.
Which ETF is more diversified: SMLF or SMMD?
SMLF holds 840 securities with 10.75% of its assets in the top 15. SMMD has 2438 securities and a top 15 weight of 6.56%.
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