Key Highlights

  • iShares U.S. Small-Cap Equity Factor ETF tracks the STOXX U.S. Small-Cap Equity Factor Index, with exposure to U.S. small-cap equities selected using multiple factors.
  • The fund reported 960 holdings and an expense ratio of 0.15%.
  • The fund's disclosed holdings and investment framework describe value, quality, momentum and volatility characteristics; historic return figures are excluded.

On Oct 27, 2026, iShares U.S. Small-Cap Equity Factor ETF (NYSEARCA:SMLF) recorded a closing price of USD 85.39. The fund is designed around U.S. small-cap equities selected using multiple factors and uses the STOXX U.S. Small-Cap Equity Factor Index as its reference benchmark. Its composition is best understood through the selection framework, the securities it holds and the fund characteristics accompanying the disclosed portfolio. Rather than describing historic share-price movements, this article examines its current exposure and the practical structure of the ETF.

How the Portfolio Is Constructed

The portfolio follows an index that applies several company-selection factors to smaller U.S. listed businesses. Value examines relative pricing, quality considers business fundamentals, momentum addresses share-price trends used in constituent selection, and low-volatility criteria are part of the index method. These factors describe portfolio construction, not historical fund returns.

The stated benchmark, STOXX U.S. Small-Cap Equity Factor Index, defines the fund’s investment universe. Within that framework, iShares U.S. Small-Cap Equity Factor ETF supplies exchange-traded exposure to U.S. small-cap equities selected using multiple factors. The distinction between the benchmark and the fund matters: the benchmark describes the selection and weighting framework, while the ETF holds a portfolio of securities intended to implement it. Actual constituents and weights may vary as the relevant index changes.

Holdings and Sector Exposure

EMCOR Group, nVent Electric, Everpure, Williams-Sonoma, Jabil and Reliance Steel & Aluminum appear among the disclosed holdings, spanning industrials, technology, consumer-related businesses and materials.

The factor approach makes company-level fundamentals and benchmark eligibility central to portfolio composition. Holdings may change when the index rebalances, when securities become ineligible or when their relative weights shift.

Fund Size, Costs and Trading Characteristics

The supplied fund data identifies net fund assets of $4,206,963,502, 960 reported holdings, an expense ratio of 0.15% and a listing on NYSE Arca. These details describe the fund at the reported reference dates rather than results earned by an investor. Net assets provide a measure of scale, the holdings count indicates the number of portfolio positions, and the fee figure describes a recurring fund cost.

The underlying constituents may be exposed to different business cycles, markets and operating conditions. The fund’s stated strategy and current positions therefore provide complementary information: one explains what the ETF seeks to own, and the other identifies some securities held at the reporting date.

Portfolio Details to Monitor

Constituent additions and removals, changes in relative holdings weights and adjustments to the STOXX U.S. Small-Cap Equity Factor Index can alter exposure over time. The fund’s published portfolio characteristics should be read with their reporting dates because holdings information and closing prices may come from different dates. Those distinctions preserve the difference between a current portfolio description and any historical performance measure.