Bahl & Gaynor Small/Mid Cap Income Growth ETF
$31.54+0.09 (+0.29%)
- 0.60%
- $1.4B
- +11.7%
- 1.73%
- 0.2M sh
- $31.43
- low $27.66high $33.70
The ETF.net SMIG Grade
B
Score 55 out of 100
- 15 of 48
Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C44 out of 100Rank 27 of 48Mission
Whether the fund did what it promised, tested against its stated mandate.A84 out of 100Rank 4 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 13 of 44Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 3 of 48Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D27 out of 100Rank 45 of 48Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A78 out of 100Rank 8 of 48
Our read on SMIG
BSmall caps are the market's dividend desert. SMIG hunts there anyway: an actively run book of about 60 small- and mid-cap companies chosen for rising dividend income and downside protection, with cash paid out monthly.
The Fund pursues current and increasing dividend income, downside protection, and long-term capital growth. It is actively managed and normally commits at least 80% of net assets to small- and mid-capitalization companies.
Why people hold it
- Unusual mandate: at least 80% of net assets in small- and mid-cap companies, selected for current and increasing dividend income and downside protection, not just headline yield.
- Costs 0.60% a year, under the median for active US equity ETFs in its group, and distributions land monthly rather than quarterly.
- About 60 holdings, hand-picked. Every name has to earn its slot, which is the opposite of a closet index.
- Launched in 2021 and now a multi-billion-dollar fund that trades at moderate volume, one of the stronger showings among the active US equity ETFs we grade.
Worth knowing
- The prospectus benchmark is the S&P 500, a large-cap index, so headline comparisons pit this small/mid portfolio against a very different universe.
- Active stock picking has a price: 0.60% sits well above broad low-cost active peers such as DFAU (0.12%) and FELC (0.18%).
- Downside protection is a stated objective, not a mechanism. A concentrated book of roughly 60 small and mid caps can still move sharply on a few names.
SMIG Holdings
- Stocks
- 39
- 42%
- SIMO
Sectors
- Financials20.4%
- Industrials19.0%
- Consumer Discretionary14.0%
- Energy10.3%
- Real Estate9.6%
- Technology9.5%
- Utilities8.2%
- Health Care3.6%
- Materials3.2%
- Consumer Staples2.3%
Geography
- United States89.32%
- Hong Kong6.42%
- Canada3.18%
- Ireland1.08%
SMIG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
SMIG$11,166
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SMIG |
|---|---|
| Year to date | +10.6% |
| 1 month | −2.0% |
| 3 months | −4.9% |
| 1 year | +11.7% |
| 3 years | +13.8% |
| 5 years | +7.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SMIG |
|---|---|---|
| 2026 YTD | +10.6% | |
| 2025 | +0.8% | |
| 2024 | +17.6% | |
| 2023 | +13.6% | |
| 2022 | −11.8% | |
| 2021 | +5.5% |
SMIG in the news
SMIG Dividends
- 1.73%
- $0.54
- $0.04 per share
- Monthly
Distribution history
SMIG Risk
- 14.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.60
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.81
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SMIG Cost
0.60%
SMIG0.60%
- The middle half of US Active Small/Mid-Cap funds
- Median 0.59%
25 of the 47 US Active Small/Mid-Cap funds charge less.
Other funds in US Active Small/Mid-Cap
- BTMSLT. Rowe Price Small-Mid Cap ETFExpense ratio 0.55%1 year return +21.1%
- BJMIDJanus Henderson Mid Cap Growth Alpha ETFExpense ratio 0.30%1 year return +11.6%
- BABCSAlpha Blue Capital US Small-Mid Cap Dynamic ETFExpense ratio 0.42%1 year return +18.6%
- CAFMCFirst Trust Active Factor Mid Cap ETFExpense ratio 0.68%1 year return +23.7%
- CRNINEA Series Trust - Bushido Capital US SMID Cap Equity ETFExpense ratio 0.68%1 year return +40.1%