SMDV - ProShares Russell 2000 Dividend Growers ETF

BATS - BATS Real Time Price. Currency in USD
61.71
-0.59 (-0.94%)
At close: 3:59PM EST
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Previous Close62.30
Open62.49
Bid0.00 x 1000
Ask61.56 x 1400
Day's Range61.38 - 62.17
52 Week Range55.99 - 62.93
Volume54,754
Avg. Volume49,477
Net Assets806.89M
NAV61.66
PE Ratio (TTM)N/A
Yield2.03%
YTD Daily Total Return-0.27%
Beta (5Y Monthly)0.72
Expense Ratio (net)0.40%
Inception Date2015-02-03
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  • 7 Small-Cap ETFs to Buy Now
    InvestorPlace

    7 Small-Cap ETFs to Buy Now

    Last August, the Russell 2000 hit an all-time high. Since then, it has been mostly downhill. However, in May, the index has shown a little life, suggesting small-cap stocks are about to make a comeback. If that's the case, you're going to want to buy these seven small-cap ETFs. Not convinced? Let me provide you with a little evidence. "Based on the historic ratio between price-to-earnings on the small cap index versus large cap, we've moved beyond neutral, and small-caps are now cheaper than the historic average," Craig Callahan, president of Icon Investments told MarketWatch in early May. "While not at extreme levels, it is pointing toward a place where small-caps can be a future leader."InvestorPlace - Stock Market News, Stock Advice & Trading TipsAccording to a small-cap strategist with Jefferies, the Russell 2000 trailed the S&P 500 in the two months by 5.7% in the two months between Feb. 22 and April 22. As stocks go, small-caps are looking far more attractive than large caps at this point, not the least of which is the argument that small caps have far less exposure to the trade war, selling and producing much of their goods right here in the U.S. * 6 Big Dividend Stocks to Buy as Yields Plunge Not to mention, it always makes sense to have a diversified portfolio of stocks across all market caps to benefit from different stages of an economic cycle. Small-cap stocks are the unsung innovators of our economy, many of them available at value-like prices. If you want to field a complete team, these seven small-cap ETFs will help you do that. Small-Cap ETFs to Buy: SPDR Portfolio Small Cap ETF (SPSM)Expense Ratio: 0.05%, or $5 per $10,000 invested annually.The SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM) is one of State Street's low-cost core ETFs that provide investors with a diversified portfolio of core asset classes. SPSM tracks the performance of the SSGA Small Cap Index, which replaced the Russell 2000 in November 2017. The index is intended to cover small-cap stocks listed on U.S. exchanges with a market cap of at least $100 million, a share price of $1 or more, and a free float ratio of at least 25%. The index currently holds 2,171 small-cap securities while the fund's slightly smaller at 1,934 holdings and a weighted average market cap of $2.6 billion. By charging just 0.05% annually, it's an excellent way to gain exposure to some of America's next great companies. Year to date, it's up 12.1%. iShares Core S&P Small-Cap ETF (IJR)Expense Ratio: 0.07%The iShares Core S&P Small-Cap ETF (NYSEARCA:IJR) is one of only six small-cap ETFs included in a list of the 100 largest funds by total net assets. As of May 28, it had $42.3 billion in total net assets. Like SPSM, this is one of iShares' building blocks to a foundational ETF portfolio. IJR tracks the performance of the S&P SmallCap 600, a float-adjusted market cap index representing 3% of all publicly traded U.S. equity securities. The average market cap of IJR's holdings is $300 million less than the benchmark. The ETF currently holds 602 stocks, 89% of which are small-cap stocks with mid-caps accounting for another 3% and micro caps the remaining 8%. The average holding has a price-to-prospective earnings ratio of 16.9. Its top 10 holdings accounted for just 5.3% of the overall portfolio. * 7 Bank Stocks to Leave in the Vault Year to date, it's up 8.9%. It charges just 0.07% annually in fees. JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE)Source: FlickrExpense Ratio: 0.29%JPMorgan (NYSE:JPM) has gotten serious about ETFs in the past two years, and that's good news for its investors. In 2018, investors put $16.8 billion in ETFs run by JPMorgan Asset Management, 10 times higher than the amount invested a year earlier. One of the funds gaining favor with investors is the JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE), which got its start in November 2016, and has $169 million in total net assets. The ETF tracks the performance of the JP Morgan Diversified Factor US Small Cap Equity Index, a collection of small-cap stocks selected from the Russell 2000 chosen based on value, momentum and quality criteria. The companies in the index vary in market cap from $23 million to $12 billion. The ETF currently holds 869 stocks with a turnover ratio of 30.5%, which means it replaces the entire portfolio approximately every three years. Year to date, it's up 10.5%. It charges 0.29% annually in fees. Although higher than many of the ETFs on this list, the rules-based nature of the ETF makes the extra cost worthwhile. Principal U.S. Small-Cap Multi-Factor Index ETF (PSC)Source: Shutterstock Expense Ratio: 0.38%If JPMorgan is less known to ETF investors, I would think Principal Financial's (NYSE:PFG) ETFs are virtually unknown to regular investors. However, I thought it made sense to include a small-cap ETF from seven different ETF providers, so the Principal U.S. Small-Cap Multi-Factor Index ETF (NYSEARCA:PSC) made the cut. Except for the two international small-cap ETFs on this list, PSC is the most expensive of the funds at 0.38% annually. For that, investors get an ETF that tracks the performance of the Nasdaq US Small Cap Select Leaders Index, an index that uses growth and value quantitative factors to select stocks from the Nasdaq US Small Cap Index. * 7 Stocks to Buy for Monster Growth With a total of 454 holdings, PSC has managed to attract $333 million in net assets in less than three years. An interesting difference with the index is that stocks are weighted by liquidity and volatility. Too little of the first criteria and too much of the second and a stock's weighting is lower. And vice versa. Year to date, it's up 8.4%. ProShares Russell 2000 Dividend Growers ETF (SMDV)Expense Ratio: 0.4%When you think of small caps, you rarely think of dividend stocks. However, the ProShares Russell 2000 Dividend Growers ETF (NYSEARCA:SMDV) is the only ETF that focuses on small-cap stocks from the Russell 2000 that have increased dividends for 10 consecutive years. If you're a fan of dividend stocks, SMDV has got to be up for consideration. Besides the fact that this ETF invests in dividend stocks, this fund has got a few other attractive qualities. For starters, there are only 60 holdings. That means you're getting a decent weighting for every one of the small caps in the ETF. Secondly, the holdings are equally weighted and rebalanced four times a year in March, June, September and December. I've always liked equal-weight funds because they aren't reliant on one or two stocks to deliver most of the returns. Lastly, its 30-day SEC yield is 2.2%, an excellent complement to the capital appreciation you expect from small-cap stocks. Year to date, it's up 8.9%. Vanguard FTSE All-World ex-US Small-Cap ETF (VSS)Expense Ratio: 0.12%If you're going to talk about ETFs, you must have at least one from Vanguard. I've chosen the Vanguard FTSE All-World ex-US Small-Cap ETF (NYSEARCA:VSS), which charges a very reasonable 0.12% annually, because it has an interesting list of top-10 holdings. How so?Well, the ETF excludes the U.S. and only has a North American weighting of 14.2%, yet Canadian stocks account for all of its top-10 holdings. Tracking the FTSE Global Small Cap Ex US Index, a float-adjusted, market-cap-weighted index, Canada represents the second-largest holding by country, behind Japan at 16% and ahead of the UK at 11.2%. It invests in 46 different markets. VSS has a total of $5.5 billion in net assets invested in 3,586 stocks. That compares to 3,449 stocks for the index itself. The median market cap of the ETF's holdings is $1.6 billion. The portfolio turnover rate is just 15%, which means it replaces all of its holdings every 6.5 years. * 7 Stocks to Sell Amid an Escalating Trade War Vanguard continues to be a great way to gain global exposure to stocks small and large. Year to date, the VSS ETF is up 8% WisdomTree International SmallCap Equity Fund (DLS)Expense Ratio: 0.58%The WisdomTree International SmallCap Equity Fund (NYSEARCA:DLS) tracks the performance of the WisdomTree International SmallCap Index. The index represents the bottom 25% of the market cap of the WisdomTree International Equity Index after the top 300 companies have been removed. It excludes dividend-paying stocks from the U.S. and Canada. Of the index's 1,588 holdings, 28% have market caps between $2 billion and $10 billion. The remaining 72% have market caps of less than $2 billion. The top three countries by weighting are Japan (25%), the UK (15%) and Australia (11%). The top-10 holdings account for 6% of the fund's $1.6 billion in total net assets. In terms of sector representation, the top three by weight are industrials (22%), consumer discretionary (16%), and financials (14%). The most expensive of the seven ETFs at 0.58% in fees, don't let its year-to-date performance of 7% fool you. Long-term you're going to like having this dividend ETF in your corner to deliver performance when the U.S. doesn't. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Sell Impacted by the Mexican Tariffs * 6 Big Dividend Stocks to Buy as Yields Plunge * The 10 Biggest Announcements From Apple WWDC 2019 Compare Brokers The post 7 Small-Cap ETFs to Buy Now appeared first on InvestorPlace.

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    If you're looking for ETFs to buy, don't bother. I'm kidding. A recent Motley Fool article appeared on Fox Business's website. It asked the question, "Has the ETF Market Peaked?"Author Dan Caplinger made the argument that at $5 trillion -- the dollar amount of ETF investments held around the world -- ETFs are starting to show a little wear and tear. InvestorPlace - Stock Market News, Stock Advice & Trading TipsDelving further into the subject, the article brought up the fact that the largest ETFs by assets get most of the new money, leaving the thousands of others to fend for the scraps investors leave on the floor. An interesting stat: Of the 268 ETFs launched in 2018, more than 80% of those funds failed to hit $50 million in net assets, and only one was able to hit $1 billion, the amount ETF providers shoot for to generate meaningful profits. Worse still, 75% of ETFs launched between 2007 and 2016, that failed to hit $50 million in assets in the first year of operations, have remained below $50 million since. So, what does it all mean?Well, if you're thinking about starting an ETF company, you might want to reconsider. * 4 Upcoming IPOs to Watch That Aren't Named Lyft However, for the rest of us, here is a diversified list of seven ETFs to buy that should allow you to sleep at night. Total Market: iShares Core S&P Total U.S. Stock Market ETF (ITOT) Source: Shutterstock The iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT) is one of the ETF provider's core holdings. It and six other ETFs give you a globally diversified portfolio of equities and fixed income. ITOT itself captures the entire U.S. equity markets with a total of 3,565 stocks, large and small. Charging just 0.03%, you're getting these stocks for pennies on the dollar. You can opt for an S&P 500 ETF or something else that is large-cap oriented or you can bet on the entire market and call it a day. However, just because it covers the entire U.S. stock market, it doesn't mean you're getting a lot of smaller, riskier stocks in your portfolio at the expense of larger, more established stocks. Cap-weighted, the biggest stocks by market-cap like Microsoft (NASDAQ:MSFT) get greater weightings. So, even though ITOT does invest in small- and mid-cap stocks, they only account for 23% of the fund's $18.5 billion in net assets. It follows the KISS (keep it simple stupid) formula -- and that's a good thing. Asset Allocation: First Trust Multi-Diversified Income Index Fund (MDIV)Source: Shutterstock Just as it's possible to own a diversified portfolio of equities, the Multi-Asset Diversified Income Index Fund (NASDAQ:MDIV) provides investors with a diversified portfolio of asset classes. At the cost of 0.71% annually, MDIV gives you a portfolio that's 20% equities, 20% real estate investment trusts, 20% preferred securities, 20% master limited partnerships, and 20% in high-yield corporate debt. Rebalanced quarterly, the ETF's meant to provide five asset classes that aren't correlated to each other while also providing an above-average yield. Currently, it yields 6.38%. If you're an income investor, MDIV ought to be very attractive. * 5 Stock Market Predictions for the Second Quarter Since its inception in August 2012, it's averaged an annual total return of 4.75%. That might not sound like much. However, MDIV is designed to provide downside protection rather than hyper-growth. I definitely wouldn't buy it if you're not an income investor. Broad Commodity: Invesco DB Commodity Index Tracking Fund (DBC)Source: Jeremy Vohwinkle via Flickr (Modified)The Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) tracks the DBIQ Optimum Yield Diversified Commodity Index Excess Return, a rules-based index that holds futures contracts on 14 of the most heavily traded physical commodities in the world. Reconstituted and rebalanced once a year in November, it's got futures contracts for gold, oil, soybeans, natural gas, corn, sugar, wheat; the list goes on. Because commodity prices tend to go in cycles, it's not something you want to invest in if you think stocks are going to move higher. You want to own DBC when commodity prices are rising as they are in 2019. Up 10% year to date through March 27, it's another ETF for investors looking to invest in an ETF that's not correlated to the movements of the indexes. At 0.89%, it's also not cheap. Small Cap: ProShares Russell 2000 Dividend Growers ETF (SMDV)Source: Shutterstock It seems odd to combine small-cap stocks with dividend-paying stocks, but that's what the ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) investment strategy is all about. Tracking the performance of the Russell 2000 Dividend Growth Index, the index invests in Russell 2000 constituents that have increased their earnings for ten consecutive years or more. The index itself must hold at least 40 stocks with no sector accounting for more than 30% of the portfolio. Equally weighted, the index is reconstituted once a year in June, with rebalancing four times a year in March, June, September, and December. Charging a reasonable 0.40% annually, it has a current dividend yield of 2.3%. Also, it has minimal turnover. In the past year, it averaged 20%, which means the average stock is held for five years. * 5 Cannabis Stocks Set to Skyrocket -- According to Wall Street's Top Analysts In terms of performance, it's delivered an average total return of 13% over the past three years, well ahead of its peers. If you want some smaller stocks in your portfolio, SMDV is a winner. Sector: ARK Innovation ETF (ARKK)Source: Shutterstock Less than four years old, the ARK Innovation ETF (NYSEARCA:ARKK) is one of those ETFs that didn't have a problem getting to $1 billion in net assets. It's now at $1.6 billion, making it a popular fund for investors looking to make a bet on disruptive technologies. Actively managed by portfolio manager Catherine Wood, it tends to own between 35 and 55 stocks. Currently, Tesla (NASDAQ:TSLA) is ARKK's top holding with a weighting of 8.71%. Not only a fan of Elon Musk, Wood has both Twitter (NYSE:TWTR) and Square (NYSE:SQ) in the top 10 holdings suggesting she also has a thing for Jack Dorsey who runs both companies. The summary prospectus explains Wood's investment philosophy:"The Adviser defines ''disruptive innovation'' as the introduction of a technologically enabled new product or service that potentially changes the way the world works. The Adviser believes that companies relevant to this theme are those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research…"Because the ETF is actively managed, the turnover is higher. In the last year, it reached 89%, which means it holds the average stock for a little over a year. Wood is an excellent portfolio manager. Paying 0.75% annually for someone of her caliber is a relative bargain. If I could only own one sector ETF, this would be the one. Global Developed Markets: Vanguard FTSE Developed Markets ETF (VEA)Source: Shutterstock I couldn't go an entire article about ETFs to buy and not come up with at least one Vanguard fund. The Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) tracks the performance of the FTSE Developed All Cap ex US Index, a collection of large-, mid-, and small-cap companies outside the U.S. in developed countries like Canada, UK and Japan. If you're looking for a focused portfolio, this isn't it. The ETF has 3,974 stocks invested into its $109.8 billion in total assets. Its top ten holdings account for just 10.4% of the overall portfolio. That's perfectly fine when you consider you're investing in countless countries outside the U.S. and only paying seven cents for every $100 invested. * The Elite 8 Stocks to Buy for Massive Outperformance If you're looking to cover the world, VEA and ITOT will get the job done at a meager cost. Global Emerging Markets: SPDR Portfolio Emerging Markets ETF (SPEM)Source: Shutterstock Like ITOT, the SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is intended to act as a core holding for any ETF portfolio. It is a foundational piece to build the rest of your house on. The ETF tracks the performance of the S&P Emerging BMI Index, a cap-weighted index that invests in emerging market stocks with a minimum market cap of $100 million and sufficient liquidity. It then weights each stock proportionally based on its float-adjusted market cap. Incredibly cheap at 0.11%, the fund is reconstituted once a year in September and rebalanced four times annually in March, June, September, and December. In terms of sector investments, financials, consumer discretionary, and communication services are the three top weightings at 26.0%, 13.7%, and 11.5% respectively. While it invests in a wide array of countries, China is by far the most significant weighting at 33.2%, almost three times Taiwan, the second-highest at 13.8%.Although emerging markets have had a checkered past in terms of performance, a trade deal with China would certainly help remove some of the headwinds the ETF faces. If you want to go the global route, I'd personally do a 75/25 split between developed countries and emerging markets.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post 7 ETFs to Buy for Serious Diversification appeared first on InvestorPlace.

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