iShares Russell 2500 ETF
SMMD
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jul 10, 2017
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that seeks to track the investment results of the Russell 2500 Index, which measures the performance of the small- to mid-capitalization segment of the U.S. equity market comprising approximately the 501st through 3,000th largest U.S. companies by total market capitalization. The fund employs a representative sampling strategy to replicate the index, investing primarily in domestic equities across diversified sectors including financials, industrials, technology, consumer discretionary, and healthcare; its top holdings typically include the iShares Russell 2000 ETF (over 40% weight), SoFi Technologies Inc., EMCOR Group Inc., Astera Labs Inc., and Comfort Systems USA Inc., with around 500-509 holdings in total. Launched on July 6, 2017, and managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., the ETF is domiciled in the United States, listed on the Cboe BZX Exchange, and headquartered with its sponsor in New York City, where BlackRock maintains its global headquarters. The fund targets investors seeking cost-efficient exposure to mid- and small-cap U.S. stocks, offering quarterly distributions, a net expense ratio of 0.15% (after waivers), and assets under management exceeding $1.4 billion as of mid-2025. It provides blend-style investment across growth and value stocks in the small blend category, with key portfolio characteristics including a beta of 1.17 versus the S&P 500, a price-to-earnings ratio of approximately 16.73-19.48, and sector allocations led by industrials (around 20%), financials, and information technology. In recent developments, the fund has maintained stable operations with routine portfolio rebalancing, including minor adjustments to cash positions and individual holdings as of December 2025; its largest holding, the iShares Russell 2000 ETF, reflects ongoing index reconstitution effects from FTSE Russell's annual updates. BlackRock, the ETF's sponsor, expanded strategic collaborations in 2025, notably with STOXX Ltd. to underlie additional iShares ETFs with multifactor screened indices totaling $6.4 billion in assets, though SMMD remains tied exclusively to the Russell 2500; the firm also launched new active and fixed income ETFs like iShares Total USD Fixed Income Market ETF in December 2025, broadening its overall product suite amid growing AUM. No major acquisitions, funding rounds, or structural changes specific to SMMD have occurred in the last 1-2 years, underscoring its focus as a passive, index-tracking vehicle.