
See exactly how SMDX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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Under typical market conditions, the fund is structured to allocate a minimum of 80% of its total capital (which includes both its net assets and any borrowed funds designated for investment) to American companies that fall into the small and mid-capitalization categories. The fund management defines eligible small-cap and mid-cap U.S. companies as those currently within the market capitalization range of the S&P 1000 Index.

One of Just 11% of Active ETFs to Surpass $100 Million in Year One WEST PALM BEACH, Fla. , Nov. 19, 2025 /PRNewswire/ -- The Intech S&P Mid Cap Diversified Alpha ETF (NYSE Arca: SMDX) has surpassed $100 million in assets under management, less than a year after launch.1 Together with its large-cap counterpart (LGDX), Intech's ETF lineup now exceeds $225 million in combined assets.1 According to Broadridge's 2025 Report, Active ETFs: Achieving Escape Velocity , only 11% of active ETFs raise more than $100 million in their first year, and those that do represent nearly two-thirds of all active ETF assets.

On Friday, Intech closed out the week by launching two new exchange-traded funds. These new funds both look to offer long-term capital appreciation.