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SMIG - ETF AI Analysis
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AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG)
Rating:72Outperform
Price Target:
$32.00
Positive Factors
Strong Top Holdings
Several top holdings, such as Gildan Activewear and Evercore Partners, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including financials, industrials, and consumer cyclical, reducing reliance on any single industry.
Healthy Asset Base
With over $1 billion in assets under management, the fund has a solid investor base and stability.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, limiting global diversification.
Mixed Holding Performance
Some holdings, such as Targa Resources and Packaging, have underperformed year-to-date, dragging on overall returns.
Moderate Expense Ratio
The fund’s expense ratio of 0.6% is higher than some low-cost ETFs, which could reduce net returns for investors over time.
SMIG vs. SPDR S&P 500 ETF (SPY)
AUM1.10B
RegionNorth America
Expense Ratio0.60%
Beta0.69
IssuerBahl & Gaynor
Inception DateAug 25, 2021
Dividend Yield1.96%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume188,318
30 Day Avg. Volume152,678
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
33.15Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SMIG Summary
The AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) focuses on small and mid-sized companies in the U.S. and Canada that have strong potential for income growth. It includes businesses from various sectors like financials, industrials, and technology, offering a diverse mix of opportunities. Some of its top holdings are well-known companies like Snap-on and Gildan Activewear. Investors might consider SMIG for its potential to grow their portfolio while diversifying into smaller, innovative firms. However, since it focuses on smaller companies, it may be more volatile and sensitive to market changes compared to funds with larger, more established companies.
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
The SMIG ETF is leaning heavily into small and mid-cap U.S. companies, with a notable concentration in financials and industrials driving its performance. Gildan Activewear is rising steadily, buoyed by strong earnings and market strategies, while Snap-on remains steady with mixed technical signals but solid fundamentals. On the flip side, Targa Resources is dragging the fund with a bearish trend and declining cash flow, and Broadridge Financial Solutions is showing mixed results, with slowing revenue growth tempering its outlook. Overall, the fund’s sector diversity offers balance, but its reliance on financials and industrials shapes its trajectory.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Gildan Activewear | 4.72% | $52.74M | C$12.26B | 16.80% | 77 Outperform | |
| Hartford Financial | 4.64% | $51.82M | $37.30B | 11.79% | 82 Outperform | |
| Snap-on | 4.53% | $50.58M | $17.16B | -8.02% | 75 Outperform | |
| Targa Resources | 4.52% | $50.53M | $37.16B | -15.42% | 71 Outperform | |
| Broadridge Financial Solutions | 4.42% | $49.41M | $26.39B | -1.02% | 71 Outperform | |
| Hubbell B | 4.40% | $49.10M | $23.00B | -5.48% | 73 Outperform | |
| Victory Capital Holdings | 4.07% | $45.51M | $4.11B | -3.99% | 77 Outperform | |
| DT Midstream | 3.91% | $43.73M | $11.79B | 12.64% | 75 Outperform | |
| Evercore Partners | 3.85% | $43.02M | $11.90B | -0.30% | 76 Outperform | |
| Packaging | 3.62% | $40.43M | $17.75B | -17.40% | 76 Outperform |
SMIG Technical Analysis
Negative
―
Price Trends
28.98
Negative
29.17
Negative
28.70
Negative
Market Momentum
-0.26
Positive
32.45
Neutral
17.62
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMIG, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 28.50, equal to the 50-day MA of 28.98, and equal to the 200-day MA of 28.70, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 32.45 is Neutral, neither overbought nor oversold. The STOCH value of 17.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SMIG.
SMIG Peer Comparison
Comparison Results
Performance Comparison
SMIG
AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF
27.92
-2.14
-7.12%
DUHP
Dimensional US High Profitability ETF
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AVUS
Avantis U.S. Equity ETF
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DFAU
Dimensional US Core Equity Market ETF
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JMEE
JPMorgan Market Expansion Enhanced Equity ETF
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TMSL
T. Rowe Price Small-Mid Cap ETF
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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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