BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

SMMDvsSMLFETF Comparison

ETF 1

SMMD

iShares Russell 2500 ETF

This fund is part of

US Multi-Factor

-0.03%

Full SMMD fund page

VS

ETF 2

SMLF

iShares U.S. Small-Cap Equity Factor ETF

This fund is part of

US Multi-Factor

-0.03%

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 Industrials. 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 17.26% year-to-date (YTD) with +$1.49B in YTD flows. SMLF performs worse with 14.3% YTD performance, and +$1.04B 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.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

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

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 09/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SMMD SMLF	-4.67%-4.45%	-3.03%-2.20%	+17.26%+14.30%	+18.17%+13.55%	+62.01%+65.41%	+46.63%+68.75%
Flows	SMMD SMLF	+$474M+$219M	+$703M+$329M	+$1.49B+$1.04B	+$1.95B+$1.55B	+$2.57B+$2.67B	+$3.06B+$2.42B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SMMD SMLF	+12.80%+13.81%	+17.41%+17.28%	+19.36%+19.88%	+20.94%+21.12%
Max drawdown	SMMD SMLF	-6.52%-6.45%	-9.48%-8.74%	-25.55%-26.10%	-28.20%-26.10%
Max drawdown duration	SMMD SMLF	33d33d	43d81d	283d266d	980d266d

Trading data

Create an account to view trading data

Join for free

	SMMD	SMLF
Last sale 9/21/2026 at 1:30 PM	$87.52	$85.40
Previous close 09/18/2026	$86.97	$84.80
Consolidated volume 09/18/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

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

Main metrics

Last update 9/21/2026 at 1:30 PM

Live

Closed

	SMMD	SMLF
Last price	$87.52	$85.40
1D performance	+0.63%	+0.71%
AuM	$4.09 B	$4.28 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	2449	890
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

95.29%

Other

4.71%

SMLF

USA

93.28%

Other

6.72%

Sectors

SMMD

Finance

25.19%

Healthcare

14.82%

Industrials

14.07%

Technology

12.73%

Non-Energy Materi.

8.03%

Other

25.16%

SMLF

Finance

21.93%

Technology

17.24%

Healthcare

14.67%

Industrials

13.83%

Non-Energy Materi.

7.45%

Consumer Cyclical.

7.14%

Other

17.75%

Diversification

SMMD

Total weight of top 15 holdings out of 15

4.49%

SMLF

Total weight of top 15 holdings out of 15

10.16%

Top 15 holdings

Data as of July 31, 2026

SMMD

ATI, Inc.

0.34%

BlackRock Cash Funds - Treasury

0.33%

Carpenter Technology Corp.

0.33%

nVent Electric Plc

0.32%

US Foods Holding Corp.

0.30%

F5, Inc.

0.30%

Packaging Corporation of America

0.29%

NiSource, Inc.

0.29%

Tenet Healthcare Corp.

0.29%

Woodward, Inc.

0.29%

SoFi Technologies, Inc.

0.28%

Snap-On, Inc.

0.28%

Viatris, Inc.

0.28%

Affirm Holdings, Inc.

0.28%

Reliance, Inc.

0.28%

SMLF

EMCOR Group, Inc.

0.95%

Interactive Brokers Group, Inc.

0.86%

BlackRock Cash Funds - Treasury

0.83%

Flex Ltd.

0.77%

nVent Electric Plc

0.75%

Jabil, Inc.

0.74%

Astera Labs, Inc.

0.67%

Tapestry, Inc.

0.66%

Natera, Inc.

0.62%

Williams-Sonoma, Inc.

0.62%

Mueller Industries, Inc.

0.59%

Reliance, Inc.

0.55%

Popular, Inc.

0.54%

Tenet Healthcare Corp.

0.51%

Credo Technology Group Holding Ltd.

0.50%

Frequently asked questions about SMMD and SMLF

How have the SMMD and SMLF ETFs performed in 2026?

As of September 18, 2026, SMMD is up 17.26% year-to-date (YTD), while SMLF has returned 14.3%. 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 +$1.49B in flows, compared to +$1.04B for SMLF.

Which ETF is more volatile: SMMD or SMLF?

Over the past year, SMMD had a volatility of 17.41%, while SMLF experienced 17.28%.

Which ETF is bigger: SMMD or SMLF?

As of September 18, 2026, SMMD holds $4.09 B in assets under management (AUM), while SMLF manages $4.28 B.

What sectors do the SMMD and SMLF ETFs invest in?

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

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

SMMD top holdings include ATI, Inc., BlackRock Cash Funds - Treasury and Carpenter Technology Corp.. SMLF holds in its top three: EMCOR Group, Inc., Interactive Brokers Group, Inc. and BlackRock Cash Funds - Treasury.

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 September 18, 2026, SMMD is up 17.26% year-to-date (YTD), while SMLF has returned 14.3%. 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 +$1.49B in flows, compared to +$1.04B for SMLF.

Which ETF is more volatile: SMMD or SMLF?

Over the past year, SMMD had a volatility of 17.41%, while SMLF experienced 17.28%.

Which ETF is bigger: SMMD or SMLF?

As of September 18, 2026, SMMD holds $4.09 B in assets under management (AUM), while SMLF manages $4.28 B.

What sectors do the SMMD and SMLF ETFs invest in?

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

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

SMMD top holdings include ATI, Inc., BlackRock Cash Funds - Treasury and Carpenter Technology Corp.. SMLF holds in its top three: EMCOR Group, Inc., Interactive Brokers Group, Inc. and BlackRock Cash Funds - Treasury.

Which ETF is more diversified: SMMD or SMLF?

SMMD holds 2468 securities with 4.49% of its assets in the top 15. SMLF has 891 securities and a top 15 weight of 10.16%.

Expert-Built ETF Portfolios, All in One Place