Zacks Small/Mid Cap ETF

Frequently Asked Questions About SMIZ

What does SMIZ invest in?

Zacks Trust - Zacks Small/Mid Cap ETF is an exchange traded fund launched and managed by Zacks Investment Management, Inc. The fund invests in public equity markets. It invests directly and through derivatives in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental and quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the Russell 3000 Index. Zacks Trust - Zacks Small/Mid Cap ETF was formed on October 3, 2023 and is domiciled in the United States.

What is the expense ratio of SMIZ?

Zacks Small/Mid Cap ETF (SMIZ) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMIZ?

Zacks Small/Mid Cap ETF (SMIZ) manages $274.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SMIZ actively managed or an index fund?

SMIZ is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SMIZ's is 0.87%) because there's no security selection cost.

When was SMIZ launched?

Zacks Small/Mid Cap ETF (SMIZ) launched in October 2023 and is managed by Zacks.

How has SMIZ performed?

SMIZ's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.