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SMIG - ETF AI Analysis
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AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG)
Rating:73Outperform
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Strong Top Contributors
Several of the largest holdings, such as Snap-on, Victory Capital, Evercore, Hubbell, and US Physical Therapy, have delivered strong year-to-date performance that supports the fund’s returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, including financials, industrials, consumer cyclical, utilities, energy, technology, and health care, which helps reduce reliance on any single industry.
Negative Factors
Higher Expense Ratio
The ETF’s expense ratio is on the higher side for an index-style product, which can modestly reduce net returns over time.
Concentration in Top Holdings
Each of the top positions makes up a noticeable share of the portfolio, so weakness in a few names could have an outsized impact on the fund.
Limited Geographic Diversification
With the vast majority of assets in U.S. companies and only a small allocation to Canada, the fund offers little exposure to other global markets.
SMIG vs. SPDR S&P 500 ETF (SPY)
AUM1.26B
RegionNorth America
Expense Ratio0.60%
Beta0.65
IssuerBahl & Gaynor
Inception DateAug 25, 2021
Dividend Yield1.69%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume231,850
30 Day Avg. Volume236,010
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
33.64Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering41
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SMIG Summary
SMIG is an ETF that focuses on small and mid-sized U.S. and Canadian companies, aiming to provide both growth and steady income. It does not track a specific index, but instead holds a hand-picked mix of businesses across many sectors, including financials, industrials, and energy. Well-known names in the fund include Snap-on and Gildan Activewear. Someone might invest in SMIG to diversify beyond large, well-known stocks and tap into the growth potential of smaller companies while still collecting income. A key risk is that smaller-company stocks can be more volatile and can go up and down more than the overall market.
How much will it cost me?The AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) has an expense ratio of 0.6%, which means you’ll pay $6 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, requiring more research and oversight compared to passively managed funds that track an index.
What would affect this ETF?The SMIG ETF, focused on U.S. small and mid-sized companies, could benefit from economic growth and innovation in sectors like technology and consumer cyclical, which are well-represented in its holdings. However, it may face challenges from rising interest rates, which could impact financial and real estate sectors, and economic slowdowns that might affect smaller companies more than large-cap firms. Regulatory changes or shifts in energy and industrial policies could also influence its performance.
SMIG Top 10 Holdings
SMIG leans into U.S. small and mid-caps with a clear tilt toward financials and industrials, and a notable energy sleeve. Recent strength from names like Evercore, Victory Capital, Snap-on, and Hubbell has been doing the heavy lifting, giving the fund a steady, grind-higher feel. Targa Resources and DT Midstream add some punch from the energy side, helping when that sector is in favor. On the flip side, Broadridge and Hartford have been losing steam lately, acting as mild brakes rather than full-on drags on overall performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Targa Resources | 5.76% | $72.31M | $48.06B | 9.02% | 74 Outperform | |
| Gildan Activewear | 5.25% | $65.88M | C$18.30B | 42.45% | 75 Outperform | |
| Snap-on | 4.68% | $58.80M | $19.97B | 13.48% | 78 Outperform | |
| Victory Capital Holdings | 4.65% | $58.37M | $4.85B | 8.10% | 80 Outperform | |
| Hartford Insurance | 4.42% | $55.48M | $39.36B | 26.14% | 78 Outperform | |
| Hubbell B | 4.18% | $52.52M | $27.86B | 34.34% | 77 Outperform | |
| Packaging | 4.04% | $50.71M | $22.16B | 15.91% | 76 Outperform | |
| DT Midstream | 4.00% | $50.24M | $13.54B | 33.00% | 78 Outperform | |
| US Physical Therapy | 3.70% | $46.46M | $1.32B | -0.09% | 63 Neutral | |
| Evercore Partners | 3.38% | $42.40M | $12.47B | 19.67% | 76 Outperform |
SMIG Technical Analysis
Positive
―
Price Trends
29.60
Positive
29.12
Positive
28.96
Positive
Market Momentum
0.54
Negative
76.31
Negative
83.18
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMIG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.47, equal to the 50-day MA of 29.60, and equal to the 200-day MA of 28.96, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 76.31 is Negative, neither overbought nor oversold. The STOCH value of 83.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMIG.
SMIG Peer Comparison
Comparison Results
Performance Comparison
SMIG
AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF
31.50
2.14
7.29%
CGUS
Capital Group Core Equity ETF
―
―
―
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
―
JMEE
JPMorgan Market Expansion Enhanced Equity ETF
―
―
―
CGMM
Capital Group U.S. Small and Mid Cap ETF
―
―
―
TMSL
T. Rowe Price Small-Mid Cap ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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