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ETFs

iShares U.S. Small Cap Equity Factor ETF

SMLF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 28 2015
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$4,803,724
AUM
$816,723,031
Associated Index
MSCI USA Small Cap Diversified Multi-Factor Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
0.96%
FICO
Fair, Isaac Corp.
0.78%
FR
First Industrial Realty Trust, Inc.
0.77%
IDA
Idacorp, Inc.
0.62%
JEF
Jefferies Financial Group Inc
0.59%
BLDR
Builders Firstsource Inc
0.58%
DECK
Deckers Outdoor Corp.
0.58%
LSCC
Lattice Semiconductor Corp.
0.56%
BPOP
Popular Inc.
0.54%
JBL
Jabil Inc
0.53%
Invest with SMLF

What is SMLF?

The iShares Edge MSCI Multifactor USA Small-Cap ETF seeks to track the investment results of an index composed of U.S. small-capitalization stocks that have favorable exposure to target style factors subject to constraints. Efficient access to a portfolio of U.S. small-cap stocks based on an index that focuses on four well-known investment factors: value, quality, momentum, and low size.

ETFs related toSMLF

ETFs correlated to SMLF include DFAS, FNDA, IJR

SMLF
BlackRock Institutional Trust Company N.A. - iShares U.S. Small-Cap Equity Factor ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
GSSC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF
SPSM
SSgA Active Trust - SPDR Portfolio S&P 600 Small Cap ETF
SLY
SPDR Series Trust - SPDR S&P 600 Small Cap ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
AVSC
American Century ETF Trust - Avantis U.S Small Cap Equity ETF
JPSE
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Small Cap Equity 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 toSMLF

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with SMLF using Composer

FAQ

SMLF is a US Equities ETF. The iShares Edge MSCI Multifactor USA Small-Cap ETF seeks to track the investment results of an index composed of U.S. small-capitalization stocks that have favorable exposure to target style factors subject to constraints. Efficient access to a portfolio of U.S. small-cap stocks based on an index that focuses on four well-known investment factors: value, quality, momentum, and low size.

SMLF tracks the MSCI USA Small Cap Diversified Multi-Factor Index.

No, SMLF is not actively managed. It is passively 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.

Yes, SMLF is passively 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 SMLF is -0.0208%. This is the percent change in the value of SMLF over the most recent 1-month period. The 3-month return on SMLF is -0.0777%. This is the percent change in the value of SMLF over the most recent 3-month period.

The standard deviation of SMLF for the past year is 0.2349%. 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 SMLF include SUSA, IGE, and DSI.

ETFs correlated to SMLF include DFAS, FNDA, and IJR.

ETFs that are inversely correlated to SMLF include SBB, TWM, and TZA.

Disclaimers

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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.