iShares Russell 2500 ETF
ALTAR
Score™
4.7% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
36.3x P/Sales
ratio
2.1x
P/BV
ratio
2.8x Div.
yield
1.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
iShares Russell 2500 ETF tracks a market-cap-weighted index of US companies ranked 501-3,000 by market cap.

FUND BASICS
Category US Equities
Fund Sponsor BlackRock
Website www.ishares.com
Inception date Jul 06, 2017
Assets (mns) $216
Currency USD
Expense ratio 15 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 502
Wgt avg mkt cap (mns) $4,981
Large cap (>$10bn) 32.8%
Mid cap ($2-10bn) 64.9%
Small cap (<$2bn) 0.4%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
ISHARES RUSSELL 2000 ETF 44.8 %
ETSY, INC. 0.4 %
TERADYNE INC 0.4 %
ENPHASE ENERGY INC 0.4 %
ZILLOW GROUP, INC. CLASS C 0.4 %
MONGODB, INC. CLASS A 0.3 %
CATALENT INC 0.3 %
ALBEMARLE CORP 0.3 %
TRIMBLE NAVIGATION LTD 0.3 %
ZENDESK INC 0.3 %
Total 47.9 %

TOP COUNTRY EXPOSURE
UNITED STATES 51.6 %
BRITAIN 0.8 %
IRELAND 0.7 %
BERMUDA 0.6 %
BRAZIL 0.3 %
NETHERLANDS 0.2 %
LUXEMBOURG 0.1 %
PUERTO RICO 0.1 %
CAYMAN ISLANDS 0.1 %
PANAMA 0.0 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
19.9% 19.9% -- -- 12.7%

Market Correlations
versus... Beta R-squared
S&P500 1.25 90%
MSCI EAFE 1.22 85%
MSCI Emg. Mkts. 0.99 72%

Technical Indicators
Recent close $60.98
30d moving avg. $57.84
Annualized volatility 24.7%
Short interest (ETF) 0.0%
Relative strength (RSI) 69

Liquidity measures
Avg. volume (thou.) 33
Turnover 0.9%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $42,038

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the iShares Russell 2500 ETF ETF based on the alternatives' overlap in portfolio holdings with SMMD. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SMMD Expense: 15 bp ALTAR Score™: 4.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SMMD
Ticker Fund
Name
Overlap1
vs SMMD
(%)
Expense
ratio
(bp)
Savings
vs SMMD
(bp)
ALTAR
Score™
(%)
ALTAR
vs SMMD
(%)
VB Vanguard Small-Cap ETF 45.9 5 10 4.4 -0.3
SCHM Schwab U.S. Mid-Cap ETF 44.9 4 11 5.0 +0.3
SFYX Sofi Next 500 ETF 41.2 0 15 4.8 +0.1
JHMM John Hancock Multifactor Mid Cap ETF 38.0 42 -27 4.7 0.0
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 37.6 7 8 3.9 -0.8
IWS iShares Russell Mid-Cap Value ETF 35.4 24 -9 5.9 +1.3
VXF Vanguard Extended Market Index Fund 33.8 6 9 2.5 -2.2
IWR iShares Russell Midcap ETF 33.7 19 -4 4.7 +0.0
EQAL Invesco Russell 1000 Equal Weight ETF 32.9 20 -5 5.0 +0.4
PBSM Invesco PureBeta MSCI USA Small Cap ETF 32.0 6 9 4.0 -0.7
ESML iShares MSCI USA Small-Cap ESG Optimized ETF 29.8 17 -2 4.0 -0.7
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 29.7 29 -14 7.2 +2.6
ONEO SPDR Russell 1000 Momentum Focus ETF 29.2 20 -5 5.6 +0.9
USEQ Invesco Russell 1000 Enhanced Equal Weight ETF 28.6 29 -14 6.0 +1.3
FNX First Trust Mid Cap Core AlphaDEX Fund 28.3 61 -46 5.0 +0.4
VBR Vanguard Small Cap Value Index Fund 27.2 7 8 6.4 +1.7
FSMD Fidelity Small-Mid Factor ETF 26.0 29 -14 5.2 +0.5
IVOO Vanguard S&P Mid-Cap 400 ETF 25.5 10 5 5.3 +0.6
IJH iShares Core S&P Mid-Cap ETF 25.0 5 10 5.3 +0.6
SPMD SPDR Portfolio Mid Cap ETF 25.0 5 10 5.3 +0.6
MDY SPDR S&P Midcap 400 ETF Trust 25.0 23 -8 5.1 +0.4
EWMC Invesco S&P MidCap 400 Equal Weight ETF 25.0 40 -25 5.6 +1.0
RNMC Mid Cap US Equity Select ETF 24.4 60 -45 6.0 +1.4
XJH iShares ESG Screened S&P Mid-Cap ETF 24.3 12 3 5.4 +0.7
DEUS Xtrackers Russell 1000 Comprehensive Factor ETF 24.1 17 -2 5.6 +1.0
ONEV SPDR Russell 1000 Low Volatility Focus ETF 24.1 20 -5 6.2 +1.5
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 23.2 24 -9 5.4 +0.8
SMDY Syntax Stratified MidCap ETF 23.1 30 -15 5.1 +0.5
BKSE BNY Mellon US Small Cap Core Equity ETF 22.7 4 11 4.7 -0.0
VBK Vanguard Small-Cap Growth Index Fund 22.5 7 8 1.9 -2.8
BKMC BNY Mellon US Mid Cap Core Equity ETF 22.3 4 11 4.9 +0.2
TUSA First Trust Total US Market AlphaDEX ETF 21.9 70 -55 4.8 +0.1
PSM Principal U.S. Small-MidCap Multi-Factor Core Index ETF 21.2 20 -5 7.1 +2.5
RWK Invesco S&P MidCap 400 Revenue ETF 20.7 39 -24 6.3 +1.7
STMB iShares Factors US Mid Blend Style ETF 20.5 30 -15 4.9 +0.3
IWP iShares Russell Mid-Cap Growth ETF 20.3 24 -9 2.6 -2.1
DON WisdomTree U.S. MidCap Dividend Fund 19.1 38 -23 6.7 +2.0
CFO VictoryShares US 500 Enhanced Volatility Weighted Index ETF 18.9 35 -20 5.1 +0.4
CFA VictoryShares US 500 Volatility Weighted Index ETF 18.9 35 -20 5.0 +0.4
FAD First Trust Multi Cap Growth AlphaDEX Fund 18.8 66 -51 1.8 -2.9
AFMC First Trust Active Factor Mid Cap ETF 18.7 65 -50 5.2 +0.5
TPLC Timothy Plan US Large Cap Core ETF 18.2 52 -37 4.4 -0.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 17.9 15 0 4.1 -0.5
SCHA Schwab U.S. Small-Cap ETF 17.6 4 11 3.6 -1.1
SIZE iShares MSCI USA Size Factor ETF 17.4 15 0 5.1 +0.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 17.3 15 0 3.7 -1.0
IJK iShares S&P Mid-Cap 400 Growth ETF 17.3 17 -2 3.7 -1.0
AMCA iShares Russell 1000 Pure U.S. Revenue ETF 17.1 15 0 6.0 +1.3
EUSA iShares MSCI USA Equal Weighted ETF 17.1 15 0 5.1 +0.4
ONEY SPDR Russell 1000 Yield Focus ETF 16.8 20 -5 7.2 +2.5
FNDA Schwab Fundamental U.S. Small Co. Index ETF 16.8 25 -10 4.8 +0.1
EZM WisdomTree U.S. MidCap Earnings Fund 16.6 38 -23 7.5 +2.8
MDYV SPDR S&P 400 Mid Cap Value ETF 16.5 15 0 6.9 +2.2
IJJ iShares S&P Mid-Cap 400 Value ETF 16.5 18 -3 6.9 +2.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 16.4 15 0 6.7 +2.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 16.4 25 -10 4.9 +0.2
USLB Invesco Russell 1000 Low Beta Equal Weight ETF 16.3 35 -20 5.1 +0.4
IUSS Invesco Strategic US Small Company ETF 16.3 23 -8 3.6 -1.0
FNK First Trust Mid Cap Value AlphaDEX Fund 15.6 70 -55 7.7 +3.1
FAB First Trust Multi Cap Value AlphaDEX Fund 15.3 71 -56 7.5 +2.9
JVAL JPMorgan U.S. Value Factor ETF 15.1 12 3 7.1 +2.5
NUSC Nuveen ESG Small-Cap ETF 15.0 40 -25 3.9 -0.7
JKH iShares Morningstar Mid-Cap Growth ETF 15.0 30 -15 1.9 -2.8
VFVA Vanguard U.S. Value Factor ETF 15.0 14 1 8.4 +3.8
FNY First Trust Mid Cap Growth AlphaDEX Fund 14.9 70 -55 1.6 -3.1
JMOM JPMorgan U.S. Momentum Factor ETF 14.4 12 3 3.0 -1.7
VFQY Vanguard U.S. Quality Factor ETF 13.6 13 2 5.3 +0.6
AVUS Avantis U.S. Equity ETF 13.3 15 0 4.8 +0.1
VONV Vanguard Russell 1000 Value Index Fund 13.1 8 7 6.1 +1.5
VFMO Vanguard U.S. Momentum Factor ETF 12.8 13 2 1.4 -3.3
VFLQ Vanguard U.S. Liquidity Factor ETF 12.8 14 1 3.5 -1.2
JPUS JPMorgan Diversified Return U.S. Equity ETF 12.8 18 -3 5.6 +0.9
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 12.7 30 -15 5.0 +0.4
FLQM Franklin LibertyQ U.S. Mid Cap Equity ETF 12.6 30 -15 5.3 +0.7
IWD iShares Russell 1000 Value ETF 12.5 19 -4 6.0 +1.4
ESGV Vanguard ESG U.S. Stock ETF 12.5 12 3 4.5 -0.2
REVS Columbia Research Enhanced Value ETF 11.7 19 -4 6.7 +2.0
JHSC John Hancock Multifactor Small Cap ETF 11.6 42 -27 4.5 -0.2
VFMF Vanguard U.S. Multifactor ETF 11.4 19 -4 6.1 +1.4
USMF WisdomTree U.S. Multifactor Fund 11.4 28 -13 5.4 +0.7
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 11.2 75 -60 2.0 -2.7
RESP WisdomTree US ESG Fund of Benef Interest 11.0 28 -13 5.1 +0.4
BFOR Barron's 400 ETF 10.8 65 -50 5.5 +0.9
IYF iShares U.S. Financials ETF 10.7 42 -27 6.0 +1.3
IYJ iShares U.S. Industrials ETF 10.7 42 -27 4.9 +0.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 10.7 60 -45 3.6 -1.1
JKL iShares Morningstar Small Cap Value ETF 10.6 30 -15 7.6 +2.9
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 10.5 39 -24 3.4 -1.2
RVRS Reverse Cap Weighted U.S. Large Cap ETF 10.4 29 -14 6.1 +1.5
RSP Invesco S&P 500 Equal Weight ETF 10.3 20 -5 5.6 +0.9
FNDB Schwab Fundamental U.S. Broad Market Index ETF 10.3 25 -10 5.7 +1.0
VLU SPDR S&P 1500 Value Tilt ETF 10.1 12 3 6.1 +1.5
DFAU Dimensional US Core Equity Market ETF 10.0 12 3 4.7 -0.0
PRF Invesco FTSE RAFI US 1000 ETF 9.8 39 -24 5.8 +1.1
USVM VictoryShares USAA MSCI USA Small Cap Value Momentum ETF 9.8 24 -9 4.9 +0.2
DYNF BlackRock U.S. Equity Factor Rotation ETF 9.6 30 -15 5.2 +0.6
JHML John Hancock Multifactor Large Cap ETF 9.3 29 -14 4.9 +0.2
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 9.2 9 6 5.0 +0.3
JHMI John Hancock Multifactor Industrials ETF 9.2 40 -25 5.0 +0.4

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
iShares Russell 2500 ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.3 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 15 bp
Equals: ALTAR Score 4.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.50 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.