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SMIZ vs IVOV

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

SMIZ

Zacks Small/Mid Cap ETF

Annual cost

0.55%

Fund size

$258M

IVOV

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

Annual cost

0.10%

Fund size

$1.4B

Key differences

Both SMIZ and IVOV are equity ETFs. SMIZ charges 0.55% a year and IVOV 0.10%. The main difference: SMIZ follows a active selection strategy; IVOV uses index tracking.

  • SMIZ follows a active selection strategy; IVOV uses index tracking.
  • IVOV costs 0.45% less per year.
  • IVOV is much larger than SMIZ. Larger funds are usually more liquid and less likely to close.
  • IVOV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMIZIVOV
Annual cost (TER)0.55%0.10%
Fund size (AUM)$258M$1.4B
Since20232010
Dividend yield0.54%1.68%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+29.0%+20.7%
CAGR 3YN/A+15.3%
CAGR 5YN/A+7.5%
Sharpe 3YN/A0.68
Volatility 1Y17.00%15.24%
Max drawdown-25.04%-45.99%

Similar to SMIZ and IVOV