iShares Russell 2500 ETF
$85.85−0.16 (−0.19%)
- 0.23%
- $4.1B
- +20.8%
- 1.16%
- 0.3M sh
- $86.33
- low $59.97high $93.42
The ETF.net SMMD Grade
B
Score 66 out of 100
- 8 of 17
Score 66 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 10 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 7 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 6 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 4 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 8 of 17
Our read on SMMD
BIts peer group is wall-to-wall Russell 2000 trackers. SMMD reaches one rung higher, tracking the Russell 2500: US small caps plus the mid-cap names pure small-cap indexes stop short of, in one iShares wrapper priced under the group's typical fee.
The fund tracks the Russell 2500 Index, an index representing small- to mid-capitalization U.S. equities.
Why people hold it
- One ticket, both rungs: the Russell 2500 spans small and mid cap US stocks, so the mid-cap zone that pure small-cap indexes leave out sits inside the fund.ishares.com
- 0.23% a year, below the typical fee in its small-cap peer group. Not the cheapest thing on the shelf, but modest for a blended small-and-mid mandate.
- No factor tilts, no clever screens: it holds the Russell 2500 as written, and it lands in the upper half of a 20-fund small-cap group on our review.
- Running since 2017 with billions in assets under the iShares roof, and it pays distributions quarterly. Not a fragile launch.
Worth knowing
- The fee is the trade-off. Core small-cap index funds like VB and SCHA charge 0.03%, so the mid-cap extension is what you are paying up for.
- Mid caps dilute the pure small-cap exposure some portfolios are built around, and the fund overlaps with any mid-cap holding already in the mix.ishares.com
- Moderately traded rather than a volume leader in its category, so spreads can be wider than the household-name small-cap funds, especially away from midday.
SMMD Holdings
- Stocks
- 2,491
- 3%
- FFIV
Geography
- United States94.99%
- Bermuda1.22%
- United Kingdom1.06%
- Ireland0.65%
- Netherlands0.31%
- Cayman Islands0.27%
- Switzerland0.21%
- Australia0.20%
- 1.09%
SMMD 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.
SMMD$12,083
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 | SMMD |
|---|---|
| Year to date | +15.7% |
| 1 month | −2.6% |
| 3 months | −4.3% |
| 1 year | +20.8% |
| 3 years | +18.8% |
| 5 years | +7.3% |
| 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 | SMMD |
|---|---|---|
| 2026 YTD | +15.7% | |
| 2025 | +11.7% | |
| 2024 | +11.9% | |
| 2023 | +17.7% | |
| 2022 | −18.5% | |
| 2021 | +18.3% | |
| 2020 | +20.0% |
SMMD in the news
SMMD Dividends
- 1.16%
- $1.00
- $0.28 per share
- Quarterly
Distribution history
SMMD Risk
- 17.7%
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.
- 0.76
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.
- −28.2%
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.
- 1.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SMMD Cost
0.23%
SMMD0.23%
- The middle half of US Small-Cap funds
- Median 0.22%
8 of the 16 US Small-Cap funds charge less.
Other funds in US Small-Cap
- AIWMiShares Russell 2000 ETFExpense ratio 0.19%1 year return +18.1%
- BRSSLGlobal X - Russell 2000 ETFExpense ratio 0.08%1 year return +18.1%
- BDFASDimensional - US Small Cap ETFExpense ratio 0.31%1 year return +19.6%
- BFNDASchwab Fundamental U.S. Small Company Index ETFExpense ratio 0.25%1 year return +20.8%
- BBBSCJPMorgan BetaBuilders U.S. Small Cap Equity ETFExpense ratio 0.09%1 year return +18.6%