ETF Series Solutions - AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG)

Overview

The AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) seeks to provide current income and long-term capital appreciation by investing in a diversified portfolio of small- and mid-capitalization U.S. companies that exhibit income growth characteristics.

Reputation and Reliability

ETF Series Solutions is a platform that provides a turnkey solution for investment managers to launch and operate ETFs. Their reliability depends on the underlying manager's expertise and due diligence.

Management Expertise

Bahl & Gaynor Investment Counsel provides the active management, leveraging their experience in income-focused equity investing.

Goal

To provide current income and long-term capital appreciation.

Investment Approach and Strategy

Strategy: Actively managed ETF focused on identifying small- and mid-cap companies with consistent income growth.

Composition Primarily composed of dividend-paying stocks of small- and mid-sized companies.

Market Share: Data on SMIG's specific market share within the small/mid-cap income ETF category is limited.

Total Net Assets (AUM):

Key Competitors

• VYM
• SCHD
• DGRS

Competitive Landscape

The ETF landscape for income-focused strategies is competitive, with various ETFs offering different approaches to dividend investing. SMIG differentiates itself through its focus on small- and mid-cap companies and active management, which could provide higher growth potential but also introduces higher fees and active management risk. Competitors offer different degrees of diversification and expense ratios. SMIG is advantageous for investors focusing on small and mid cap stocks but disadvantageous for those that are too fee sensitive.

Historical Performance: Historical performance data would be sourced from financial data providers like Bloomberg, Morningstar, or the ETF's official website. Data not available.

Benchmark Comparison: The ETF's performance should be compared to a small/mid-cap dividend-focused index.

Expense Ratio:

Average Trading Volume

SMIG's liquidity depends on its trading volume, and higher trading volume generally indicates better liquidity.

Bid-Ask Spread

The bid-ask spread reflects the cost of trading the ETF, and a narrower spread suggests better liquidity.

Market Environment Factors

Economic conditions, interest rates, and sector-specific trends in the small/mid-cap market influence SMIG's performance.

Growth Trajectory

Growth trends depend on the underlying companies' performance and the manager's stock selection. Updates to strategy or holdings would be available in the ETF's prospectus or fact sheet.

Competitive Edge

SMIG's competitive advantage lies in its active management by Bahl & Gaynor, which focuses on identifying undervalued small- and mid-cap companies with consistent income growth. This differentiated approach may lead to higher returns compared to passive index-tracking ETFs. The active management might provide an advantage in navigating market volatility and identifying unique opportunities. The focus on income growth rather than simply dividend yield can also attract investors seeking long-term capital appreciation.

Volatility

Volatility depends on the volatility of its underlying assets, especially small- and mid-cap stocks.

Market Risk

Specific risks include market risk, sector concentration risk (depending on sector allocations), and small-cap risk (higher volatility compared to large-cap stocks).

Ideal Investor Profile

Investors seeking both current income and long-term capital appreciation through exposure to small- and mid-cap companies, and who are comfortable with active management and its associated risks, are the ideal investors.

Market Risk

Suitable for long-term investors seeking income and growth, willing to accept moderate to high risk, and comfortable with active management.

AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is an actively managed ETF that aims to deliver current income and long-term capital appreciation by investing in dividend-paying small- and mid-cap U.S. companies. Its focus on active management and smaller companies differentiates it from broader dividend ETFs. It is suitable for investors seeking income and growth, and who are comfortable with potentially higher volatility and management fees. Potential investors should carefully review the ETF's holdings, expense ratio, and historical performance before investing. The ETF's success depends on the stock picking skills of the active manager.

Data Sources:

• ETF.com
• Morningstar
• Company Fact Sheet
• Bloomberg

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a financial advisor before making any investment decisions.