Equity: U.S. - Small Cap

DWAS Top Performer Intra-day
Price $47.91
Today’s Change +0.46%
3:59pm 12/13/2017
OMFS Bottom Performer Intra-day
Price $25.87
Today’s Change -0.05%
4:00pm 12/13/2017

ETF.com Insight

With 44 ETFs and over $122.85B in combined AUM, the Equity: U.S. - Small Cap segment provides exposure to the U.S. space with a focus on Small Cap securities.

Year-to-date, the best-performing ETF in the segment is the PowerShares DWA SmallCap Momentum Portfolio (DWAS), with a total return of 17.49%. Meanwhile, the most popular ETF is the iShares Russell 2000 ETF (IWM) with $44.85BB in assets under management.

Investors should take a look at the Vanguard Small-Cap ETF (VB). This fund has been chosen as the best ETF for the average investor in this market segment, thus carrying the analyst pick badge. VB has an expense ratio of 0.06% and tracks the CRSP US Small Cap Index.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Equity: U.S. - Small Cap segment is 90 out of 100, with the iShares Core S&P Small Cap ETF(IJR) obtaining the highest rating of 100 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.33% per year, with the Schwab U.S. Small-Cap ETF (SCHA) having the lowest expense ratio, charging investors 0.05% yearly.

Investors should look for funds with tight tracking, such as the iShares Edge MSCI Multifactor USA Small-Cap ETF (SMLF), with a 12-month median tracking difference of -0.68%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: U.S. - Small Cap segment is 82 out of 100, with the Vanguard Small-Cap ETF(VB) obtaining the highest rating of 99 out of 100.

The iShares Russell 2000 ETF (IWM) is the undisputed segment leader when it comes to liquidity. The fund trades 3.35B in daily average volume. Investors should also find ample liquidity in the iShares Core S&P Small Cap ETF (IJR), with $200.65M in daily dollar volume.

Use limit orders to trade funds such as the AdvisorShares Cornerstone Small Cap ETF(SCAP), due to their double-digit market spreads.

ETF.com/ Block Liquidity

VB
5
4
3
2
1
SCHA
5
4
3
2
1
VIOO
5
4
3
2
1
IWM
5
4
3
2
1
IJR
5
4
3
2
1
SPSM
5
4
3
2
1
FNDA
5
4
3
2
1
VTWO
5
4
3
2
1
DES
5
4
3
2
1
CSML
5
4
3
2
1
XSLV
5
4
3
2
1
FYX
5
4
3
2
1
RWJ
5
4
3
2
1
SLY
5
4
3
2
1
EES
5
4
3
2
1
DWAS
5
4
3
2
1
SMLV
5
4
3
2
1
JKJ
5
4
3
2
1
CSF
5
4
3
2
1
NUSC
5
4
3
2
1
OUSM
5
4
3
2
1
SMLF
5
4
3
2
1
JPSE
5
4
3
2
1
DGRS
5
4
3
2
1
CALF
5
4
3
2
1
SMMV
5
4
3
2
1
EQWS
5
4
3
2
1
EWSC
5
4
3
2
1
PSC
5
4
3
2
1
SCAP
5
4
3
2
1
FLQS
5
4
3
2
1
SMDV
5
4
3
2
1
DESC
5
4
3
2
1
RNSC
5
4
3
2
1
GSSC
5
4
3
2
1
SQLV
5
4
3
2
1
CSA
5
4
3
2
1
CSB
5
4
3
2
1
PBSM
5
4
3
2
1
OMFS
5
4
3
2
1
XSHD
5
4
3
2
1
XSHQ
5
4
3
2
1
USVM
5
4
3
2
1
JHSC
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The MSCI USA Small Cap has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to VB. This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, CALF follows a Fundamental strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology