Skip to Content
ETFs

ETF Series Solutions Trust AlphaMark Actively Managed Small Cap ETF

SMCP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 21 2015
Expense Ratio
1.22%
Type
Global Equities
Fund Owner
AlphaMark
Volume (1m avg. daily)
$33,207
AUM
$22,456,575
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IWO
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 Growth ETF
36.36%
IWN
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 Value ETF
33.85%
EEMS
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets Small-Cap ETF
14.42%
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF
11.76%
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
2.36%
n/a
Cash & Other
1.26%
Invest with SMCP

What is SMCP?

SMCP is designed to invest in U.S. listed securities, including American depositary receipts, which are less than $5 billion in market capitalization. AlphaMark will take a bottom up approach to target stocks exhibiting consistent growth, earnings and cash flow to arrive at a portfolio of 25-40 stocks based on earnings momentum, cash flows relative to capital spending, and reviews of financial statements, enterprise value and management. Cash flow is a revenue or expense stream that changes a cash account over a given period. Cash inflows usually arise from one of three activities - financing, operations or investing - although this also occurs as a result of donations or gifts in the case of personal finance.

ETFs related toSMCP

ETFs correlated to SMCP include AVGE, UWM, SMOT

SMCP
Alphamark advisors LLC - AlphaMark Actively Managed Small Cap ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
IWM
BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x Shares
VTWO
Vanguard Group, Inc. - Vanguard Russell 2000 Index ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSMCP

#IWM

Russell 2000

Category

Benchmarks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SMCP using Composer

FAQ

SMCP is a Global Equities ETF. SMCP is designed to invest in U.S. listed securities, including American depositary receipts, which are less than $5 billion in market capitalization. AlphaMark will take a bottom up approach to target stocks exhibiting consistent growth, earnings and cash flow to arrive at a portfolio of 25-40 stocks based on earnings momentum, cash flows relative to capital spending, and reviews of financial statements, enterprise value and management. Cash flow is a revenue or expense stream that changes a cash account over a given period. Cash inflows usually arise from one of three activities - financing, operations or investing - although this also occurs as a result of donations or gifts in the case of personal finance.

Yes, SMCP is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SMCP is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SMCP is -0.07%. This is the percent change in the value of SMCP over the most recent 1-month period. The 3-month return on SMCP is -0.0034%. This is the percent change in the value of SMCP over the most recent 3-month period.

The standard deviation of SMCP for the past year is 0.2463%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SMCP include EFG, TAN, and ARKK.

ETFs correlated to SMCP include AVGE, UWM, and SMOT.

ETFs that are inversely correlated to SMCP include SRTY, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.