SMIZ - ETF AI Analysis

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Zacks Small/Mid Cap ETF (SMIZ)

Rating:67Neutral

Price Target:―

The Zacks Small/Mid Cap ETF (SMIZ) has a solid overall rating, reflecting a mix of strengths and risks among its holdings. Arista Networks (ANET) stands out as a key contributor due to its strong financial performance, positive earnings outlook, and strategic focus on high-growth sectors like AI and cloud. However, holdings like Credo Technology Group (CRDO) and Howmet Aerospace (HWM) face valuation concerns and potential bearish trends, which may have tempered the ETF's overall score. A notable risk is the ETF's exposure to companies with high valuations, which could impact performance in volatile market conditions.

Positive Factors

Strong Top Holdings

Several top holdings, like Credo Technology and NEXTracker, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Sector Diversification

The ETF is spread across multiple sectors, including Technology, Industrials, and Financials, reducing reliance on any single industry.

Healthy Year-to-Date Performance

The ETF has shown solid year-to-date gains, indicating resilience in its portfolio despite short-term fluctuations.

Negative Factors

High Geographic Concentration

With over 94% exposure to U.S. companies, the ETF is heavily reliant on the U.S. market and lacks global diversification.

Moderate Expense Ratio

The ETF's expense ratio of 0.56% is higher than some low-cost alternatives, potentially reducing net returns for investors.

Short-Term Underperformance

The ETF experienced a slight decline in the past month, which may concern investors focused on short-term trends.

SMIZ vs. SPDR S&P 500 ETF (SPY)

AUM169.98M

RegionNorth America

Expense Ratio0.56%

Beta1.05

IssuerZacks

Inception DateOct 03, 2023

Dividend Yield1.36%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume17,252

30 Day Avg. Volume19,847

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

43.80

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering212

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

SMIZ Summary

The Zacks Small/Mid Cap ETF (SMIZ) focuses on small and mid-sized companies, offering investors a chance to tap into the growth potential of these agile and innovative businesses. It includes companies like EMCOR Group and Arista Networks, which are leaders in their respective industries. This ETF is ideal for investors looking to diversify their portfolios and invest in future market leaders across sectors like technology, industrials, and healthcare. However, new investors should be aware that small and mid-cap stocks can be more volatile than larger companies, meaning their prices can go up and down quickly.

How much will it cost me?The Zacks Small/Mid Cap ETF (SMIZ) has an expense ratio of 0.56%, meaning you’ll pay $5.60 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, which typically involves more research and trading compared to passively managed funds that track an index.

What would affect this ETF?The Zacks Small/Mid Cap ETF (SMIZ) could benefit from economic growth and innovation in sectors like Technology and Industrials, which make up a significant portion of its holdings. However, it may face challenges if interest rates rise, as smaller companies often rely more on borrowing, or if economic conditions weaken, which could impact consumer spending and financial stability. Its U.S. focus also makes it sensitive to domestic regulatory changes and market fluctuations.

SMIZ Top 10 Holdings

The Zacks Small/Mid Cap ETF (SMIZ) is leaning heavily on technology and financials, which together make up nearly 40% of the fund. AppLovin and Fabrinet are rising stars, with strong year-to-date gains and positive momentum, while Credo Technology and Arista Networks show mixed signals, with growth potential tempered by valuation concerns. On the flip side, EMCOR Group and McKesson are steady but not standout performers, holding back the fund slightly. With its U.S.-focused portfolio, SMIZ is a bet on agile, innovative companies, but its sector concentration could amplify both risks and rewards.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
EME	EMCOR Group	1.40%	$2.37M	$27.84B	35.00%	73 Outperform
RIGL	Rigel	1.16%	$1.96M	$801.56M	167.27%	78 Outperform
APP	AppLovin	1.14%	$1.94M	$247.92B	112.75%	74 Outperform
ANET	Arista Networks	1.12%	$1.90M	$164.63B	14.54%	83 Outperform
CRDO	Credo Technology Group Holding Ltd	1.11%	$1.89M	$27.08B	117.56%	77 Outperform
NTRS	Northern	1.11%	$1.88M	$26.53B	35.30%	78 Outperform
FN	Fabrinet	1.06%	$1.79M	$17.32B	120.09%	78 Outperform
MCK	McKesson	1.05%	$1.78M	$101.01B	42.58%	62 Neutral
ALNT	Allient	1.03%	$1.74M	$939.18M	130.77%	72 Outperform
EXPE	Expedia	1.01%	$1.71M	$35.45B	51.96%	80 Outperform

SMIZ Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

37.30

Positive

100DMA

36.89

Positive

200DMA

34.46

Positive

Market Momentum

MACD

0.23

Negative

RSI

56.77

Neutral

STOCH

63.89

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SMIZ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 37.79, equal to the 50-day MA of 37.30, and equal to the 200-day MA of 34.46, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 56.77 is Neutral, neither overbought nor oversold. The STOCH value of 63.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SMIZ.

SMIZ Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
SMIZ	―	―	$169.98M	0.56%	―
RSMC	―	―	$715.66M	0.75%	―
MSSM	―	―	$678.04M	0.57%	―
NBSM	―	―	$199.22M	0.65%	―
MGMT	―	―	$155.87M	1.10%	―
SMCO	―	―	$136.09M	0.55%	―

Performance Comparison

SMIZ

Zacks Small/Mid Cap ETF

38.11

4.08

11.99%

RSMC

Rockefeller U.S. Small-Mid Cap ETF

―

MSSM

Morgan Stanley Pathway Small-Mid Cap Equity ETF

―

NBSM

Neuberger Berman Small-Mid Cap ETF

―

MGMT

Ballast Small/Mid Cap ETF

―

SMCO

Hilton Small-MidCap Opportunity 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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