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SMMDvsSMLFETF 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

SMLF

iShares U.S. Small-Cap Equity Factor ETF

This fund is part of

US Multi-Factor

+1.1%

Full SMLF fund page

iShares Russell 2500 ETF (SMMD) and iShares U.S. Small-Cap Equity Factor ETF (SMLF) belong to the same industry segment: US Multi-Factor. SMMD's top 3 sector exposures are Finance, Healthcare and Technology. In contrast, SMLF's top sector exposures are Finance, Technology and Healthcare. SMMD is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.15% for SMLF. SMMD is up 18.51% year-to-date (YTD) with +$1.58B in YTD flows. SMLF performs worse with 16.86% YTD performance, and +$958M in YTD flows. Run a side-by-side ETF comparison of SMMD and SMLF 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 SMLF 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 SMLF	+1.13%+1.40%	-4.23%-2.97%	+18.51%+16.86%	+22.39%+19.89%	+72.16%+77.46%	+36.54%+57.49%
Flows	SMMD SMLF	+$102M+$97M	+$693M+$173M	+$1.58B+$958M	+$1.91B+$1.19B	+$2.64B+$2.60B	+$3.12B+$2.33B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SMMD SMLF	+12.26%+13.11%	+17.02%+16.85%	+19.12%+19.64%	+20.89%+21.03%
Max drawdown	SMMD SMLF	-9.29%-7.76%	-9.48%-8.74%	-25.55%-26.10%	-28.20%-26.10%
Max drawdown duration	SMMD SMLF	80d80d	43d81d	283d266d	980d266d

Trading data

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	SMMD	SMLF
Last sale 11/5/2026 at 2:30 PM	$84.68	$83.05
Previous close 11/04/2026	$88.09	$86.76
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	SMLF
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	SMLF
Last price	$84.68	$83.05
1D performance	-3.87%	-4.28%
AuM	$4.22 B	$4.30 B
E/R	0.23%	0.15%

Characteristics

	SMMD	SMLF
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	Russell 2500 Index	STOXX U.S. Small-Cap Equity Factor USD Gross Return
N° of holdings	508	933
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 6, 2017	April 28, 2015
ESG	No	No

More SMMD data on Trackinsight

More SMLF data on Trackinsight

Exposure

Countries

SMMD

USA

95.01%

Other

4.99%

SMLF

USA

93.41%

Other

6.59%

Sectors

SMMD

Finance

23.99%

Healthcare

15.35%

Technology

14.38%

Industrials

13.79%

Non-Energy Materi.

8.02%

Other

24.48%

SMLF

Finance

20.8%

Technology

17.87%

Healthcare

14.74%

Industrials

14.07%

Non-Energy Materi.

7.56%

Other

24.96%

Diversification

SMMD

Total weight of top 15 holdings out of 15

45.3%

SMLF

Total weight of top 15 holdings out of 15

9.71%

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%

SMLF

BlackRock Cash Funds - Treasury

0.97%

EMCOR Group, Inc.

0.93%

nVent Electric Plc

0.87%

Flex Ltd.

0.78%

Jabil, Inc.

0.71%

Everpure, Inc.

0.69%

Williams-Sonoma, Inc.

0.63%

Mueller Industries, Inc.

0.56%

Guardant Health, Inc.

0.56%

Reliance, Inc.

0.55%

Tapestry, Inc.

0.52%

Tenet Healthcare Corp.

0.50%

Medpace Holdings, Inc.

0.50%

Popular, Inc.

0.50%

Halozyme Therapeutics, Inc.

0.45%

Frequently asked questions about SMMD and SMLF

How have the SMMD and SMLF ETFs performed in 2026?

As of November 4, 2026, SMMD is up 18.51% year-to-date (YTD), while SMLF has returned 16.86%. That puts SMMD better performer ahead so far this year.

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

Year-to-date, the SMMD ETF saw +$1.58B in flows, compared to +$958M for SMLF.

Which ETF is more volatile: SMMD or SMLF?

Over the past year, SMMD had a volatility of 17.02%, while SMLF experienced 16.85%.

Which ETF is bigger: SMMD or SMLF?

As of November 4, 2026, SMMD holds $4.22 B in assets under management (AUM), while SMLF manages $4.30 B.

What sectors do the SMMD and SMLF ETFs invest in?

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

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

SMMD top holdings include US4642876555, nVent Electric Plc and ATI, Inc.. SMLF holds in its top three: BlackRock Cash Funds - Treasury, EMCOR Group, Inc. and nVent Electric Plc.

SMMDvsSMLFETF Comparison

iShares Russell 2500 ETF

iShares U.S. Small-Cap Equity Factor ETF

SMMD vs SMLF 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 SMLF ETFs performed in 2026?

As of November 4, 2026, SMMD is up 18.51% year-to-date (YTD), while SMLF has returned 16.86%. That puts SMMD better performer ahead so far this year.

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

Year-to-date, the SMMD ETF saw +$1.58B in flows, compared to +$958M for SMLF.

Which ETF is more volatile: SMMD or SMLF?

Over the past year, SMMD had a volatility of 17.02%, while SMLF experienced 16.85%.

Which ETF is bigger: SMMD or SMLF?

As of November 4, 2026, SMMD holds $4.22 B in assets under management (AUM), while SMLF manages $4.30 B.

What sectors do the SMMD and SMLF ETFs invest in?

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

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

SMMD top holdings include US4642876555, nVent Electric Plc and ATI, Inc.. SMLF holds in its top three: BlackRock Cash Funds - Treasury, EMCOR Group, Inc. and nVent Electric Plc.

Which ETF is more diversified: SMMD or SMLF?

SMMD holds 2485 securities with 45.3% of its assets in the top 15. SMLF has 934 securities and a top 15 weight of 9.71%.

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