Equity: Developed Markets Ex-U.S. - Small Cap

GWX Top Performer Intra-day
Price $39.44
Today’s Change 0.36%
4:00pm 10/25/2021
DLS Bottom Performer Intra-day
Price $75.53
Today’s Change -0.51%
4:00pm 10/25/2021

ETF.com Insight

With 8 ETFs and over $24.57B in combined AUM, the Equity: Developed Markets Ex-U.S. - Small Cap segment provides exposure to the space with a focus on Small Cap securities.

Year-to-date, the best-performing ETF in the segment is the WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund (DDLS), with a total return of 17.74%. Meanwhile, the most popular ETF is the iShares MSCI EAFE Small-Cap ETF (SCZ) with $15.30BB in assets under management.

Investors should take a look at the Schwab International Small-Cap Equity ETF (SCHC). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. SCHC tracks a market-cap-weighted index of the smallest 10% of companies in the FTSE Developed ex-US Index. SCHC has an expense ratio of 0.11% and tracks the FTSE Developed Small Cap ex-U.S. Liquid Index.

ETF.com Efficiency Insight

The average efficiency score in the Equity: Developed Markets Ex-U.S. - Small Cap segment is 73 out of 100, with the Schwab International Small-Cap Equity ETF(SCHC) obtaining the highest rating of 96 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.45% per year, with the Schwab International Small-Cap Equity ETF (SCHC) having the lowest expense ratio, charging investors 0.11% yearly.

Investors should look for funds with tight tracking, such as the Schwab International Small-Cap Equity ETF (SCHC), with a 12-month median tracking difference of 0.10%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: Developed Markets Ex-U.S. - Small Cap segment is 68 out of 100, with the iShares MSCI EAFE Small-Cap ETF(SCZ) obtaining the highest rating of 89 out of 100.

The iShares MSCI EAFE Small-Cap ETF (SCZ) is the undisputed segment leader when it comes to liquidity. The fund trades 123.30M in daily average volume. Investors should also find ample liquidity in the Schwab International Small-Cap Equity ETF (SCHC), with $8.70M in daily dollar volume.

Use limit orders to trade funds such as the First Trust Developed Markets ex-US Small Cap AlphaDEX Fund(FDTS), due to their double-digit market spreads.

ETF.com/ Block Liquidity

SCZ
5
4
3
2
1
SCHC
5
4
3
2
1
FNDC
5
4
3
2
1
GWX
5
4
3
2
1
DLS
5
4
3
2
1
ISCF
5
4
3
2
1
FDTS
5
4
3
2
1
DDLS
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 World ex 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 SCHC. 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, FDTS follows a Multi-factor strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology