SMIG vs. SMMD
Compare and contrast key facts about Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and iShares Russell 2500 ETF (SMMD).
SMIG and SMMD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMIG is an actively managed fund by Bahl & Gaynor. It was launched on Aug 25, 2021. SMMD is a passively managed fund by iShares that tracks the performance of the Russell 2500 Index. It was launched on Jul 6, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMIG or SMMD.
Correlation
The correlation between SMIG and SMMD is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SMIG vs. SMMD - Performance Comparison
Key characteristics
SMIG:
1.53
SMMD:
0.86
SMIG:
2.24
SMMD:
1.29
SMIG:
1.27
SMMD:
1.16
SMIG:
2.27
SMMD:
1.14
SMIG:
9.54
SMMD:
4.41
SMIG:
2.15%
SMMD:
3.42%
SMIG:
13.39%
SMMD:
17.51%
SMIG:
-19.65%
SMMD:
-41.06%
SMIG:
-8.06%
SMMD:
-7.35%
Returns By Period
In the year-to-date period, SMIG achieves a 18.15% return, which is significantly higher than SMMD's 12.48% return.
SMIG
18.15%
-6.24%
12.01%
19.06%
N/A
N/A
SMMD
12.48%
-4.50%
10.61%
12.39%
8.92%
N/A
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SMIG vs. SMMD - Expense Ratio Comparison
SMIG has a 0.60% expense ratio, which is higher than SMMD's 0.15% expense ratio.
Risk-Adjusted Performance
SMIG vs. SMMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) and iShares Russell 2500 ETF (SMMD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SMIG vs. SMMD - Dividend Comparison
SMIG's dividend yield for the trailing twelve months is around 1.71%, more than SMMD's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
SMIG Bahl & Gaynor Small/Mid Cap Income Growth ETF | 1.71% | 1.91% | 2.01% | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% |
SMMD iShares Russell 2500 ETF | 1.26% | 1.44% | 1.79% | 1.12% | 1.31% | 1.50% | 2.45% | 0.68% |
Drawdowns
SMIG vs. SMMD - Drawdown Comparison
The maximum SMIG drawdown since its inception was -19.65%, smaller than the maximum SMMD drawdown of -41.06%. Use the drawdown chart below to compare losses from any high point for SMIG and SMMD. For additional features, visit the drawdowns tool.
Volatility
SMIG vs. SMMD - Volatility Comparison
The current volatility for Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is 4.47%, while iShares Russell 2500 ETF (SMMD) has a volatility of 5.69%. This indicates that SMIG experiences smaller price fluctuations and is considered to be less risky than SMMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.