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SMIZ vs IVOO

Zacks Small/Mid Cap ETF vs Vanguard S&P Mid-Cap 400 Index Fund ETF Shares

SMIZ

Zacks Small/Mid Cap ETF

Annual cost

0.55%

Fund size

$258M

IVOO

Vanguard S&P Mid-Cap 400 Index Fund ETF Shares

Annual cost

0.07%

Fund size

$5.6B

Key differences

Both SMIZ and IVOO are equity ETFs. SMIZ charges 0.55% a year and IVOO 0.07%. The main difference: SMIZ follows a active selection strategy; IVOO uses index tracking.

  • SMIZ follows a active selection strategy; IVOO uses index tracking.
  • IVOO costs 0.48% less per year.
  • IVOO is much larger than SMIZ. Larger funds are usually more liquid and less likely to close.
  • IVOO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMIZIVOO
Annual cost (TER)0.55%0.07%
Fund size (AUM)$258M$5.6B
Since20232010
Dividend yield0.54%1.20%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+29.0%+23.7%
CAGR 3YN/A+17.1%
CAGR 5YN/A+7.8%
Sharpe 3YN/A0.77
Volatility 1Y17.00%15.66%
Max drawdown-25.04%-42.33%

Similar to SMIZ and IVOO