Key stats
About Zacks Trust Zacks Small/Mid Cap ETF
Expense ratio
0.56%
Home page
Inception date
Oct 3, 2023
SMIZ invests in small- and mid-cap stocks listed on US exchanges. The fund considers securities from the Russell 2000 and Russell Mid Cap Indexes that are perceived to possess sound fundamentals and growth potential. Utilizing a proprietary quantitative model based on sell-side analyst data, the fund first focuses on four factors: Agreement (earnings estimate revisions), Magnitude (size of earnings estimate revisions), Upside (how earnings estimate compare to consensus estimates), and Surprise (differences between actual earnings versus the consensus estimates). Stocks are then selected based on the portfolio managers qualitative judgement. Holdings are rebalanced monthly using the same quantitative analysis but may consider qualitative factors, such as corporate actions and reorganizations. As an actively managed fund, SMIZ has full discretion to make buy, hold, or sell decisions at any time. The fund may hold derivatives, which opens investors to potential counterparty risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks98.22%
Finance30.33%
Technology Services10.84%
Electronic Technology8.36%
Health Technology7.94%
Producer Manufacturing6.77%
Industrial Services5.27%
Consumer Services5.01%
Consumer Durables3.61%
Utilities3.20%
Consumer Non-Durables2.89%
Retail Trade2.59%
Transportation2.45%
Process Industries2.41%
Commercial Services2.12%
Non-Energy Minerals1.86%
Health Services0.85%
Distribution Services0.84%
Communications0.48%
Energy Minerals0.39%
Bonds, Cash & Other1.78%
Cash1.78%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history