iShares Russell 2500 ETF

Frequently Asked Questions About SMMD

What does SMMD invest in?

The iShares Russell 2500 ETF is designed to replicate the financial performance of an underlying index, which consists of U.S. stocks from the mid- and small-capitalization segments.

What is the expense ratio of SMMD?

iShares Russell 2500 ETF (SMMD) charges an expense ratio of 0.23%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMMD?

iShares Russell 2500 ETF (SMMD) manages $4.10B 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 SMMD actively managed or an index fund?

SMMD 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 (SMMD's is 0.23%) because there's no security selection cost.

When was SMMD launched?

iShares Russell 2500 ETF (SMMD) launched in July 2017 and is managed by IShares.

How has SMMD performed?

SMMD'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.