Zacks Small/Mid Cap ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SMIZ
The Fund seeks to generate positive risk-adjusted returns (positive rate of return after adjustment for the amount of risk taken) by, under normal circumstances, investing at least 80% of its net assets (including any borrowings for investment purposes) in equity securities of small and midsize companies listed on U.S. stock exchanges or derivatives linked to such securities. The small and mid-cap securities are generally common stock selected from constituents in the Russell Midcap® Index and Russell 2000® Index. As of February 28, 2026, the average market capitalization of the constituents in the Russell Midcap® Index was $34.15 billion, and the average market capitalization of the constituents in the Russell 2000® Index was $5.4 billion. The Fund is actively managed. The Fund may invest in companies in any economic sector. The Advisor constructs the Fund’s portfoliousing both quantitative and qualitative analysis. The companies included in the portfolio are selected from the constituents of the Russell2000® Index and Russell Midcap® Index. The companies selected for the Fund’s portfolio are consideredby the Advisor to have sound fundamentals and growth potential to outperform a 50/50 blend of the Russell 2000® Indexand Russell Midcap® Index in the long-term based on the Advisor’s quantitative analysis. The Advisor utilizes aquantitative model focused on four factors: Agreement (percentage of earnings estimate revisions that are revised upward), Magnitude(size of the earnings estimate revisions), Upside (where the most accurate or recent earnings estimates are coming in relative to theconsensus) and Surprise (the magnitude and frequency of earnings surprises). Earnings surprises are a concept created by the Advisor’saffiliate, Zacks Investment Research, and are defined as the difference between reported earnings per share and consensus or averageearnings estimates from sell-side analysts. Consensus estimates refer to the average forecasts of a group of sell-side analystsas to what a company is expected to earn or lose in a given period of time (quarterly or annually). The data for the quantitative analysisis provided by Zacks Investment Research, which derives the data from information provided by sell-side analysts. The Advisor constructsa portfolio of between 150-250 positions based on the qualitative judgement of the portfolio manager after reviewing the above factorsusing the quantitative data described above. Once selected for the Fund’s portfolio, a company may be maintained in the portfolioeven if it is subsequently removed from the Russell 2000® Index or Russell Midcap® Index. The Fund invests about 30%-70% of the value ofits net assets in small cap equity securities and about 30%-70% in mid cap equity securities. The Fund may also invest up to 20% ofthe Fund’s net assets in cash and cash equivalents, including money market funds and other short-term fixed incomeinvestments, in seeking to protect principal, or when, in the Advisor’s opinion, there are not sufficient companiesappropriate for investment. As an alternative to holding cash or cash equivalents, the Advisor may invest the Fund’s assets inshares of other investment companies, including open-end and closed-end funds and exchange-traded funds (“ETFs”)(collectively, “Underlying Funds”). The portfolio is generally rebalanced on a monthly basis using the quantitative analysis described above. However, the Advisor may rebalance the portfolio at other times based on qualitative factors like corporate actions, such as mergers and acquisitions, and spin-offs.
SMIZ News
Data for SMIZ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.