iShares Russell 2500 ETF
$87.08−0.86 (−0.98%)
- Expense ratio
- 0.23%
- Fund size
- $4.1B
- 1Y return
- +19.7%
- Yield · Last 12 months
- 1.13%
- Volume · 30D
- 0.3M sh
- NAV per share
- $87.58
- 52W range
The ETF.net SMMD Grade
Score 66 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 44Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 57Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 76Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 58Category rank
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
- —
- 3%
- ATI
Sectors
- Industrials17.4%
- Financials15.7%
- Health Care15.3%
- Technology15.3%
- Consumer Discr.10.5%
- Real Estate7.6%
- Energy4.7%
- Materials4.6%
- Cons. Staples3.7%
- Communication2.7%
- Utilities2.6%
Geography
- United States94.77%
- Bermuda1.25%
- United Kingdom1.04%
- Ireland0.63%
- Canada0.40%
- Netherlands0.28%
- Cayman Islands0.21%
- Switzerland0.21%
- 1.20%
SMMD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +18.3% |
| 1 month | −3.9% |
| 3 months | −2.9% |
| 1 year | +19.7% |
| 3 years | +19.0% |
| 5 years | +7.8% |
| 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 | +18.3% | |
| 2025 | +11.7% | |
| 2024 | +11.9% | |
| 2023 | +17.7% | |
| 2022 | −18.5% | |
| 2021 | +18.3% | |
| 2020 | +20.0% |
SMMD in the news
ETF.net Research hasn’t filed on SMMD yet — coverage lands here as it’s written.
SMMD Dividends
- 1.13%
- $1.00
- $0.28 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.28 |
| Jun 15, 2026 | Jun 18, 2026 | $0.24 |
| Mar 17, 2026 | Mar 20, 2026 | $0.16 |
| Dec 16, 2025 | Dec 19, 2025 | $0.30 |
| Sep 16, 2025 | Sep 19, 2025 | $0.25 |
| Jun 16, 2025 | Jun 20, 2025 | $0.22 |
| Mar 18, 2025 | Mar 21, 2025 | $0.19 |
| Dec 17, 2024 | Dec 20, 2024 | $0.28 |
| Sep 25, 2024 | Sep 30, 2024 | $0.24 |
| Jun 11, 2024 | Jun 17, 2024 | $0.18 |
| Mar 21, 2024 | Mar 27, 2024 | $0.16 |
| Dec 20, 2023 | Dec 27, 2023 | $0.25 |
SMMD Risk
- 17.8%
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.
- 0.74
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.
- 1.08
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
- The middle half of US Small-Cap funds
- Median 0.20%
9 of the 17 US Small-Cap funds charge less.