NYLI International Small-Mid Cap Equity ETF (NISM) belongs to the Foreign Small & Mid Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NISM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NISM
NISM charges 0.70% annually. There are 15 ETFs in the Foreign Small & Mid Cap Equities category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE All-World ex-US Small-Cap ETF | 0.07% | 13.80B | Apr 2009 | NISM vs VSS | |
| Schwab International Small-Cap Equity ETF | 0.08% | 5.35B | Jan 2010 | NISM vs SCHC | |
| Avantis International Small Cap Equity ETF | 0.30% | 315.88M | Jul 2023 | NISM vs AVDS | |
| Dimensional International Vector Equity ETF | 0.30% | 190.86M | Sep 2024 | NISM vs DXIV | |
| Avantis International Small Cap Value ETF | 0.36% | 18.75B | Sep 2019 | NISM vs AVDV |
Best Risk-Adjusted Alternatives to NISM
Among 17 ETFs in the Foreign Small & Mid Cap Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 78.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Currency Hedged MSCI EAFE Small Cap ETF | 78 | 238.88M | Jun 2015 | NISM vs HSCZ | |
| Avantis International Small Cap Value ETF | 73 | 18.75B | Sep 2019 | NISM vs AVDV | |
| Dimensional International Small Cap Value ETF | 69 | 4.85B | Mar 2022 | NISM vs DISV | |
| Dimensional International Vector Equity ETF | 69 | 190.86M | Sep 2024 | NISM vs DXIV | |
| First Trust Developed Markets ex-US Small Cap Alph... | 62 | 13.00M | Feb 2012 | NISM vs FDTS |
Top Performing NISM Alternatives (YTD)
Among 18 ETFs in the Foreign Small & Mid Cap Equities category with YTD return data, the top-performing alternatives shown here go as high as 12.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Developed Markets ex-US Small Cap Alph... | 12.59% | 13.00M | Feb 2012 | NISM vs FDTS | |
| iShares Currency Hedged MSCI EAFE Small Cap ETF | 12.39% | 238.88M | Jun 2015 | NISM vs HSCZ | |
| Avantis International Small Cap Value ETF | 12.35% | 18.75B | Sep 2019 | NISM vs AVDV | |
| Dimensional International Small Cap Value ETF | 11.41% | 4.85B | Mar 2022 | NISM vs DISV | |
| Dimensional International Vector Equity ETF | 11.12% | 190.86M | Sep 2024 | NISM vs DXIV |
Lowest Volatility Alternatives to NISM
NISM has 13.85% 1-year volatility. There are 3 ETFs in the Foreign Small & Mid Cap Equities category with lower 1-year volatility, going as low as 11.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Currency Hedged MSCI EAFE Small Cap ETF | 11.93% | 238.88M | Jun 2015 | NISM vs HSCZ | |
| WisdomTree Dynamic Currency Hedged International S... | 13.21% | 427.71M | Jan 2016 | NISM vs DDLS | |
| WisdomTree International SmallCap Dividend | 13.82% | 1.03B | Jun 2006 | NISM vs DLS | |
| Dimensional International Vector Equity ETF | 14.11% | 190.86M | Sep 2024 | NISM vs DXIV | |
| Conductor Global Equity Value ETF | 14.86% | 121.58M | Apr 2016 | NISM vs CGV |
Lowest Drawdown Alternatives to NISM
Among 17 ETFs in the Foreign Small & Mid Cap Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Currency Hedged MSCI EAFE Small Cap ETF | -9.61% | 238.88M | Jun 2015 | NISM vs HSCZ | |
| WisdomTree Dynamic Currency Hedged International S... | -10.69% | 427.71M | Jan 2016 | NISM vs DDLS | |
| Dimensional International Vector Equity ETF | -10.84% | 190.86M | Sep 2024 | NISM vs DXIV | |
| WisdomTree International SmallCap Dividend | -11.04% | 1.03B | Jun 2006 | NISM vs DLS | |
| Schwab Fundamental International Small Equity ETF | -11.20% | 3.01B | Aug 2013 | NISM vs FNDC |
Other ETFs from New York Life Investment Management
The 1 most viewed New York Life Investment Management ETFs shown here include CLOO and span 2 categories. AUM among these funds goes as high as $41M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| NYLI Investment Grade CLO ETF | CLO, Investment Grade Bonds | — | — | 41.41M | May 2026 | NISM vs CLOO |
Often Compared With NISM
Investors most often compare NISM with ISCF, SCZ, DFIS. These 7 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares MSCI Intl Small-Cap Multifactor ETF | Foreign Small & Mid Cap Equities | 39 | 7.87% | 648.51M | Apr 2015 | NISM vs ISCF | |
| iShares MSCI EAFE Small-Cap ETF | Foreign Small & Mid Cap Equities | 42 | 8.91% | 13.12B | Dec 2007 | NISM vs SCZ | |
| Dimensional International Small Cap ETF | Foreign Small & Mid Cap Equities | 48 | 9.39% | 5.73B | Mar 2022 | NISM vs DFIS | |
| SPDR S&P International Small Cap ETF | Foreign Small & Mid Cap Equities | 40 | 7.39% | 861.80M | Apr 2007 | NISM vs GWX | |
| Applied Finance IVS International SMID ETF | Foreign Small & Mid Cap Equities | — | — | 4.66M | Feb 2026 | NISM vs IVSX | |
| Invesco FTSE RAFI Developed Markets ex-U.S. Small-... | Foreign Small & Mid Cap Equities | 47 | 8.84% | 348.65M | Sep 2007 | NISM vs PDN | |
| abrdn International Small Cap Active ETF | Foreign Small & Mid Cap Equities | — | 3.46% | 77.21M | Oct 2025 | NISM vs ASCI |
Compare NISM with Any Fund or Stock
Compare NISM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NISM with funds that move differently
NYLI International Small-Mid Cap Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NISM.
Explore NISM Diversifiers