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SMIZ vs SPMD

Zacks Small/Mid Cap ETF vs State Street SPDR Portfolio S&P 400 Mid Cap ETF

SMIZ

Zacks Small/Mid Cap ETF

Annual cost

0.55%

Fund size

$258M

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

Annual cost

0.03%

Fund size

$17.5B

Key differences

Both SMIZ and SPMD are equity ETFs. SMIZ charges 0.55% a year and SPMD 0.03%. The main difference: SMIZ follows a active selection strategy; SPMD uses index tracking.

  • SMIZ follows a active selection strategy; SPMD uses index tracking.
  • SPMD costs 0.52% less per year.
  • SPMD is much larger than SMIZ. Larger funds are usually more liquid and less likely to close.
  • SPMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SMIZSPMD
Annual cost (TER)0.55%0.03%
Fund size (AUM)$258M$17.5B
Since20232005
Dividend yield0.54%1.24%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+29.0%+23.8%
CAGR 3YN/A+17.1%
CAGR 5YN/A+7.9%
Sharpe 3YN/A0.77
Volatility 1Y17.00%15.66%
Max drawdown-25.04%-41.86%

Similar to SMIZ and SPMD