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SMMDvsSQLTETF 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

SQLT

iShares MSCI USA Small-Cap Quality Factor ETF

This fund is part of

US Multi-Factor

-0.03%

Full SQLT fund page

iShares Russell 2500 ETF (SMMD) and iShares MSCI USA Small-Cap Quality Factor ETF (SQLT) belong to the same industry segment: US Multi-Factor. SMMD's top 3 sector exposures are Finance, Healthcare and Industrials. In contrast, SQLT's top sector exposures are Finance, Technology and Industrials. SMMD is more expensive with a Total Expense Ratio (TER) of 0.23%, versus 0.2% for SQLT. Run a side-by-side ETF comparison of SMMD and SQLT 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 SQLT 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 09/18/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SMMD SQLT	-4.67%-4.45%	-3.03%-0.94%	+17.26%n/a	+18.17%n/a	+62.01%n/a	+46.63%n/a
Flows	SMMD SQLT	+$474M-	+$703M-	+$1.49B-	+$1.95B-	+$2.57B-	+$3.06B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SMMD SQLT	+12.80%+10.99%	+17.41%n/a	+19.36%n/a	+20.94%n/a
Max drawdown	SMMD SQLT	-6.52%-5.88%	-9.48%n/a	-25.55%n/a	-28.20%n/a
Max drawdown duration	SMMD SQLT	33d33d	43dn/a	283dn/a	980dn/a

Trading data

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	SMMD	SQLT
Last sale 9/21/2026 at 1:30 PM	$87.52	$27.87
Previous close 09/18/2026	$86.97	$27.87
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

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	SMMD	SQLT
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	SQLT
Last price	$87.52	$27.87
1D performance	+0.63%	-0.02%
AuM	$4.09 B	$6.69 M
E/R	0.23%	0.2%

Characteristics

	SMMD	SQLT
Management strategy	Passive	Passive
Provider	iShares	iShares
Benchmark	Russell 2500 Index	MSCI USA Small Cap Sector Neutral Quality Index
N° of holdings	2449	491
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	July 6, 2017	March 31, 2026
ESG	No	No

More SMMD data on Trackinsight

More SQLT data on Trackinsight

Exposure

Countries

SMMD

USA

95.29%

Other

4.71%

SQLT

USA

97.81%

Other

2.19%

Sectors

SMMD

Finance

25.19%

Healthcare

14.82%

Industrials

14.07%

Technology

12.73%

Non-Energy Materi.

8.03%

Other

25.16%

SQLT

Finance

22.55%

Technology

17.63%

Industrials

14.21%

Healthcare

14.11%

Non-Energy Materi.

9.57%

Other

21.92%

Diversification

SMMD

Total weight of top 15 holdings out of 15

4.49%

SQLT

Total weight of top 15 holdings out of 15

11.74%

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%

SQLT

National Fuel Gas Co.

1.17%

TD SYNNEX Corp.

0.86%

Carpenter Technology Corp.

0.82%

Manhattan Associates, Inc.

0.82%

East West Bancorp, Inc.

0.81%

Woodward, Inc.

0.81%

The New York Times Co.

0.78%

Medpace Holdings, Inc.

0.75%

Royal Gold, Inc.

0.73%

Tenet Healthcare Corp.

0.71%

Lattice Semiconductor Corp.

0.70%

Sterling Infrastructure, Inc.

0.70%

BJ's Wholesale Club Holdings, Inc.

0.69%

Exelixis, Inc.

0.69%

Akamai Technologies, Inc.

0.68%

Frequently asked questions about SMMD and SQLT

Which ETF is bigger: SMMD or SQLT?

As of September 18, 2026, SMMD holds $4.09 B in assets under management (AUM), while SQLT manages $6.69 M.

What sectors do the SMMD and SQLT ETFs invest in?

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

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

SMMD top holdings include ATI, Inc., BlackRock Cash Funds - Treasury and Carpenter Technology Corp.. SQLT holds in its top three: National Fuel Gas Co., TD SYNNEX Corp. and Carpenter Technology Corp..

SMMDvsSQLTETF Comparison

iShares Russell 2500 ETF

iShares MSCI USA Small-Cap Quality Factor ETF

SMMD vs SQLT 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

Which ETF is bigger: SMMD or SQLT?

As of September 18, 2026, SMMD holds $4.09 B in assets under management (AUM), while SQLT manages $6.69 M.

What sectors do the SMMD and SQLT ETFs invest in?

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

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

SMMD top holdings include ATI, Inc., BlackRock Cash Funds - Treasury and Carpenter Technology Corp.. SQLT holds in its top three: National Fuel Gas Co., TD SYNNEX Corp. and Carpenter Technology Corp..

Which ETF is more diversified: SMMD or SQLT?

SMMD holds 2468 securities with 4.49% of its assets in the top 15. SQLT has 494 securities and a top 15 weight of 11.74%.

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