SMMD vs. IMCG
Compare and contrast key facts about iShares Russell 2500 ETF (SMMD) and iShares Morningstar Mid-Cap Growth ETF (IMCG).
SMMD and IMCG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMMD is a passively managed fund by iShares that tracks the performance of the Russell 2500 Index. It was launched on Jul 6, 2017. IMCG is a passively managed fund by iShares that tracks the performance of the Morningstar US Mid Cap Broad Growth Index. It was launched on Jun 28, 2004. Both SMMD and IMCG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SMMD vs. IMCG - Performance Comparison
Loading graphics...
SMMD vs. IMCG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMMD iShares Russell 2500 ETF | 2.10% | 11.72% | 11.87% | 17.71% | -18.53% | 18.30% | 19.98% | 28.01% | -10.58% | 10.82% |
IMCG iShares Morningstar Mid-Cap Growth ETF | -1.19% | 6.55% | 18.14% | 20.73% | -25.79% | 15.39% | 45.64% | 35.70% | -3.68% | 11.10% |
Returns By Period
In the year-to-date period, SMMD achieves a 2.10% return, which is significantly higher than IMCG's -1.19% return.
SMMD
- 1D
- 3.53%
- 1M
- -5.15%
- YTD
- 2.10%
- 6M
- 4.19%
- 1Y
- 23.65%
- 3Y*
- 13.21%
- 5Y*
- 5.12%
- 10Y*
- —
IMCG
- 1D
- 3.63%
- 1M
- -6.39%
- YTD
- -1.19%
- 6M
- -4.39%
- 1Y
- 11.14%
- 3Y*
- 11.94%
- 5Y*
- 5.08%
- 10Y*
- 12.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMMD vs. IMCG - Expense Ratio Comparison
SMMD has a 0.15% expense ratio, which is higher than IMCG's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
SMMD vs. IMCG — Risk / Return Rank
SMMD
IMCG
SMMD vs. IMCG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2500 ETF (SMMD) and iShares Morningstar Mid-Cap Growth ETF (IMCG). 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.
| SMMD | IMCG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.08 | 0.55 | +0.53 |
Sortino ratioReturn per unit of downside risk | 1.62 | 0.92 | +0.70 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.12 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 0.87 | +0.80 |
Martin ratioReturn relative to average drawdown | 7.05 | 3.61 | +3.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SMMD | IMCG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 0.55 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.25 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.50 | -0.07 |
Correlation
The correlation between SMMD and IMCG is 0.84, 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.
Dividends
SMMD vs. IMCG - Dividend Comparison
SMMD's dividend yield for the trailing twelve months is around 1.22%, more than IMCG's 0.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMMD iShares Russell 2500 ETF | 1.22% | 1.28% | 1.27% | 1.44% | 1.79% | 1.12% | 1.31% | 1.50% | 2.45% | 0.68% | 0.00% | 0.00% |
IMCG iShares Morningstar Mid-Cap Growth ETF | 0.80% | 0.78% | 0.78% | 0.85% | 0.91% | 0.41% | 0.09% | 0.30% | 0.35% | 0.45% | 0.52% | 0.38% |
Drawdowns
SMMD vs. IMCG - Drawdown Comparison
The maximum SMMD drawdown since its inception was -41.06%, smaller than the maximum IMCG drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for SMMD and IMCG.
Loading graphics...
Drawdown Indicators
| SMMD | IMCG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.06% | -58.96% | +17.90% |
Max Drawdown (1Y)Largest decline over 1 year | -14.02% | -12.99% | -1.03% |
Max Drawdown (5Y)Largest decline over 5 years | -28.26% | -35.08% | +6.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.08% | — |
Current DrawdownCurrent decline from peak | -6.47% | -6.90% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -8.52% | -9.29% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 3.14% | +0.18% |
Volatility
SMMD vs. IMCG - Volatility Comparison
iShares Russell 2500 ETF (SMMD) and iShares Morningstar Mid-Cap Growth ETF (IMCG) have volatilities of 7.30% and 7.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SMMD | IMCG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 7.19% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 13.19% | 12.08% | +1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.05% | 20.27% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 20.09% | +0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.46% | 20.44% | +2.02% |