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Launched · SEC filings

Zacks Small/Mid Cap ETF

SMIZNYSE ArcaC

$41.75+0.08 (+0.19%)

As of Oct 13, 2026, 3:59 PM

C51/ 100

Rank 21 of 48 in US Active Small/Mid-Cap

C51/100Rank 21 of 48inUS Active Small/Mid-Cap
Intraday session: up, 51 prints from 41.67 to 41.75. Range 41.32 to 41.79. Use the arrow keys to read each point.41.3041.4041.5041.6010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$281M
1Y total return
+15.9%
Yield · Last 12 months
0.55%
Holdings
200
Avg volume · 30D
0M sh
NAV per share
$41.98
52W range
low $35.14high $44.77
Launched
Filings
SEC EDGAR

The ETF.net SMIZ Grade

C

Score 51 out of 100

Category
US Active Small/Mid-Cap⁠
Rank
21 of 48
Six-pillar profile for SMIZ. Scores out of 100: Cost 44, Risk 34, Mission 60, Tradability 62, Holdings 79, Durability 67. Strongest: Holdings (79). Weakest: Risk (34). Leans toward Holdings.

Score 51 of 100 falls in the C 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 100
    Rank 27 of 48

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B60 out of 100
    Rank 10 of 11

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D34 out of 100
    Rank 31 of 44

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B62 out of 100
    Rank 13 of 48

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A79 out of 100
    Rank 9 of 48

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B67 out of 100
    Rank 12 of 48

Our read on SMIZ

ETF.net Research

CZacks made its name ranking stocks for other people. SMIZ is the research shop running the money itself: an actively managed portfolio of small and midsize US companies, measured against the whole Russell 3000.

Stated mandate

The Fund seeks positive risk-adjusted returns through investments in equity securities of small and midsize U.S. companies and related derivatives.

Why people hold it

  1. 01Active, not indexed. Managers pick small and midsize US companies, with related derivatives available, aiming for positive risk-adjusted returns.
  2. 02The portfolio is the strongest part of the package, rating well above the typical fund in a crowded active US equity field on holdings quality.
  3. 03Ordinary 1940 Act ETF plumbing: US stocks, standard fund taxation, no partnership paperwork or structural leverage baked into the wrapper.

Worth knowing

  1. 010.87% a year is above the going rate for active US stock funds and many times what index rivals charge, like DFAU at 0.12%.
  2. 02Thinly traded next to the giants of its category, so bid-ask spreads can widen and limit orders carry more weight than they would in a mega-fund.
  3. 03Launched in 2023 and benchmarked to the broad Russell 3000 rather than a small/mid index, so size-matched comparisons take extra homework.

SMIZ Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
200
Top-10 weight
13%
Largest holding
Bbh Sweep Vehicle2.7%

Sectors

  • Technology25.5%
  • Industrials20.7%
  • Financials19.1%
  • Health Care10.6%
  • Consumer Discretionary6.4%
  • Materials4.3%
  • Energy3.9%
  • Real Estate3.6%
  • Consumer Staples2.8%
  • Utilities2.0%
  • Communication1.3%

Geography

  • United States97.20%
  • Bermuda0.75%
  • United Kingdom0.70%
  • Cayman Islands0.40%
  • France0.39%
  • Switzerland0.36%
  • Finland0.21%
The fund’s holdings, weight-ordered — page 1 of 14.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Bbh Sweep Vehicle2.66%7,471,399$7M49
002EMEEmcor Group Inc1.59%5,682$4M326
003VSTSVestis Corp1.24%246,654$3M94
004ANETArista Networks1.21%15,671$3M509
005KLICKulicke & Soffa1.14%34,896$3M139
006INSWInternational SE1.12%26,275$3M160
007AMGAffil Managers1.11%8,050$3M164
008FIXComfort Systems1.10%1,805$3M396
009ALNTAllient Inc1.07%27,362$3M85
010CVLTCommvault System1.06%18,884$3M158
011APHAmphenol Corp-A1.03%33,170$3M454
012EXPDExpeditors Intl0.98%14,253$3M316
013NTRSNorthern Trust0.94%15,710$3M304
014ARWArrow Electronic0.93%11,482$3M171
015PSXPhillips 660.92%9,289$3M379

Showing 1–15 of 200 holdings

SMIZ Performance

Launched Oct 2, 2023

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.Not enough history yet.
SMIZ$11,588
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. SMIZ $11,588. SPY $12,044. Use the arrow keys to read each point.$9,524$11,073$12,621Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

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.

Trailing total return for SMIZ. Periods over one year show the average yearly return.
PeriodSMIZ
Year to date+12.7%
1 month0.0%
3 months−4.0%
1 year+15.9%
3 yearsper year+19.5%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SMIZ
YearReturn barSMIZ
2026 YTD+12.7%
2025+12.2%
2024+17.9%
2023+16.4%

History from Oct 3, 2023

SMIZ in the news

Filtered to SMIZ · US Active Small/Mid-Cap

SMIZ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
0.55%Last 12 months
Payout per share
$0.23Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 22, 2023 $0.02; Dec 27, 2024 $0.52; Dec 29, 2025 $0.23. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2025Jan 2, 2026$0.23
Dec 27, 2024Jan 3, 2025$0.52
Dec 22, 2023Dec 28, 2023$0.02

SMIZ Risk

How much the fund’s monthly returns vary, scaled to a year.
17.4%
Annualised · 35 months to Sep 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.94
vs 3-month T-bills · 35 months to Sep 2026
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.

The largest fall from a peak to the low that followed.
−25.0%
36 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.17
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SMIZ Cost

Expense ratio0.60%
  • 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.

SMIZ costs $60.00 a year on $10,000. The median US Active Small/Mid-Cap fund costs $59.00.

Other funds in US Active Small/Mid-Cap

See others