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SMIZ vs SPSM

Zacks Small/Mid Cap ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF

SMIZ

Zacks Small/Mid Cap ETF

Annual cost

0.55%

Fund size

$258M

SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF

Annual cost

0.03%

Fund size

$15.7B

Key differences

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

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

Side-by-side comparison

SMIZSPSM
Annual cost (TER)0.55%0.03%
Fund size (AUM)$258M$15.7B
Since20232013
Dividend yield0.54%1.42%
Asset classequityequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+29.0%+31.2%
CAGR 3YN/A+16.1%
CAGR 5YN/A+5.8%
Sharpe 3YN/A0.66
Volatility 1Y17.00%17.54%
Max drawdown-25.04%-42.89%

Similar to SMIZ and SPSM