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SMMDvsMSMLETF Comparison

ETF 1

SMMD

iShares Russell 2500 ETF

This fund is part of

US Multi-Factor

+1.1%

Full SMMD fund page

VS

ETF 2

MSML

iShares MSCI USA Small-Cap ETF

This fund is part of

US Small Cap

+1.43%

Full MSML fund page

iShares Russell 2500 ETF (SMMD) belongs to the US Multi-Factor segment. iShares MSCI USA Small-Cap ETF (MSML) is part of the US Small Cap segment. SMMD's top 3 sector exposures are Finance, Healthcare and Technology. In contrast, MSML's top sector exposures are Finance, Technology and Healthcare. SMMD is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.04% for MSML. SMMD is up 18.51% year-to-date (YTD) with +$1.58B in YTD flows. MSML performs worse with 14.9% YTD performance, and -$7M in YTD flows. Run a side-by-side ETF comparison of SMMD and MSML 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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SMMD vs MSML performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 11/04/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SMMD MSML	+1.13%+2.12%	-4.23%-3.38%	+18.51%+14.90%	+22.39%+19.43%	+72.16%+67.90%	+36.54%+31.10%
Flows	SMMD MSML	+$102M-	+$693M-	+$1.58B-$7M	+$1.91B-$10M	+$2.64B-$22M	+$3.12B-$23M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SMMD MSML	+12.26%+12.14%	+17.02%+15.52%	+19.12%+19.11%	+20.89%+21.19%
Max drawdown	SMMD MSML	-9.29%-8.77%	-9.48%-9.38%	-25.55%-25.75%	-28.20%-30.04%
Max drawdown duration	SMMD MSML	80d80d	43d65d	283d289d	980d1067d

Trading data

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	SMMD	MSML
Last sale 11/5/2026 at 2:30 PM	$84.68
Previous close 11/04/2026	$88.09
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

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

Main metrics

Last update 11/5/2026 at 2:30 PM

Live

Closed

	SMMD	MSML
Last price	$84.68	–
1D performance	-3.87%	–
AuM	$4.22 B	$281.14 M
E/R	0.23%	0.04%

Characteristics

	SMMD	MSML
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	Russell 2500 Index	MSCI Daily TR Gross Small Cap USA Index
N° of holdings	508	1545
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	July 6, 2017	June 28, 2004
ESG	No	No

More SMMD data on Trackinsight

More MSML data on Trackinsight

Exposure

Countries

SMMD

USA

95.01%

Other

4.99%

MSML

USA

96.43%

Other

3.57%

Sectors

SMMD

Finance

23.99%

Healthcare

15.35%

Technology

14.38%

Industrials

13.79%

Non-Energy Materi.

8.02%

Other

24.48%

MSML

Finance

24.77%

Technology

15.49%

Healthcare

15.49%

Industrials

12.94%

Other

31.31%

Diversification

SMMD

Total weight of top 15 holdings out of 15

45.3%

MSML

Total weight of top 15 holdings out of 15

4.85%

Top 15 holdings

Data as of September 30, 2026

SMMD

US4642876555

41.06%

nVent Electric Plc

0.37%

ATI, Inc.

0.36%

F5, Inc.

0.36%

Guardant Health, Inc.

0.33%

Viatris, Inc.

0.29%

Tenet Healthcare Corp.

0.29%

US Foods Holding Corp.

0.29%

Royal Gold, Inc.

0.28%

Roku, Inc.

0.28%

SoFi Technologies, Inc.

0.28%

Packaging Corporation of America

0.28%

TD SYNNEX Corp.

0.28%

Reliance, Inc.

0.28%

Woodward, Inc.

0.28%

MSML

Okta, Inc.

0.58%

Atlassian Corp.

0.47%

Guardant Health, Inc.

0.38%

Roku, Inc.

0.33%

Nutanix, Inc.

0.31%

Zebra Technologies Corp.

0.30%

Rubrik, Inc.

0.29%

Best Buy Co., Inc.

0.29%

Revvity, Inc.

0.28%

Dynatrace, Inc.

0.28%

Semtech Corp.

0.28%

Nordson Corp.

0.27%

Bitmine Immersion Technologies, Inc.

0.26%

Reinsurance Group of America, Inc.

0.26%

HF Sinclair Corp.

0.26%

Frequently asked questions about SMMD and MSML

How have the SMMD and MSML ETFs performed in 2026?

As of November 4, 2026, SMMD is up 18.51% year-to-date (YTD), while MSML has returned 14.9%. That puts SMMD better performer ahead so far this year.

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

Year-to-date, the SMMD ETF saw +$1.58B in flows, compared to -$7M for MSML.

Which ETF is more volatile: SMMD or MSML?

Over the past year, SMMD had a volatility of 17.02%, while MSML experienced 15.52%.

Which ETF is bigger: SMMD or MSML?

As of November 4, 2026, SMMD holds $4.22 B in assets under management (AUM), while MSML manages $281.14 M.

What sectors do the SMMD and MSML ETFs invest in?

SMMD leans toward sectors like Finance, Healthcare and Technology. Meanwhile, MSML focuses on Finance, Technology and Healthcare.

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

SMMD top holdings include US4642876555, nVent Electric Plc and ATI, Inc.. MSML holds in its top three: Okta, Inc., Atlassian Corp. and Guardant Health, Inc..

SMMDvsMSMLETF Comparison

iShares Russell 2500 ETF

iShares MSCI USA Small-Cap ETF

SMMD vs MSML 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 SMMD and MSML ETFs performed in 2026?

As of November 4, 2026, SMMD is up 18.51% year-to-date (YTD), while MSML has returned 14.9%. That puts SMMD better performer ahead so far this year.

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

Year-to-date, the SMMD ETF saw +$1.58B in flows, compared to -$7M for MSML.

Which ETF is more volatile: SMMD or MSML?

Over the past year, SMMD had a volatility of 17.02%, while MSML experienced 15.52%.

Which ETF is bigger: SMMD or MSML?

As of November 4, 2026, SMMD holds $4.22 B in assets under management (AUM), while MSML manages $281.14 M.

What sectors do the SMMD and MSML ETFs invest in?

SMMD leans toward sectors like Finance, Healthcare and Technology. Meanwhile, MSML focuses on Finance, Technology and Healthcare.

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

SMMD top holdings include US4642876555, nVent Electric Plc and ATI, Inc.. MSML holds in its top three: Okta, Inc., Atlassian Corp. and Guardant Health, Inc..

Which ETF is more diversified: SMMD or MSML?

SMMD holds 2485 securities with 45.3% of its assets in the top 15. MSML has 1560 securities and a top 15 weight of 4.85%.

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