Core Viewpoint - The Vanguard Russell 2000 Growth ETF (VTWG) provides broad exposure to the Small Cap Growth segment of the US equity market, with a focus on companies that typically have higher growth potential but also higher risk [1][2]. Group 1: Fund Overview - VTWG is a passively managed ETF launched on September 22, 2010, and is sponsored by Vanguard [1]. - The fund has accumulated over $1.01 billion in assets, positioning it as an average-sized ETF in its category [1]. - The ETF has an annual operating expense ratio of 0.1%, making it one of the least expensive options available [4]. Group 2: Investment Characteristics - Small cap companies, defined as those with market capitalizations below $2 billion, are generally considered to have higher growth potential compared to larger companies, albeit with increased risk [2]. - Growth stocks, which VTWG primarily invests in, are characterized by faster growth rates, higher valuations, and above-average sales and earnings growth [3]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Information Technology sector, comprising about 22% of the portfolio, followed by Healthcare and Industrials [5]. - Individual holdings include Slbbh1142 at approximately 1.19% of total assets, with Credo Technology Group Holding Ltd (CRDO) and Fabrinet (FN) also among the top holdings [6]. Group 4: Performance Metrics - VTWG aims to match the performance of the Russell 2000 Growth Index, which includes companies with higher price/book ratios and growth rates [7]. - As of August 8, 2025, the ETF has gained about 1.32% year-to-date and approximately 14.35% over the past year, with a trading range between $163.60 and $229.76 in the last 52 weeks [7]. - The ETF has a beta of 1.15 and a standard deviation of 23.07% over the trailing three-year period, indicating a higher risk profile [8]. Group 5: Alternatives and Market Position - VTWG holds a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Small Cap Growth segment [9]. - Other comparable ETFs include the iShares Russell 2000 Growth ETF (IWO) with $11.67 billion in assets and the Vanguard Small-Cap Growth ETF (VBK) with $19.21 billion, each with different expense ratios [10]. Group 6: Market Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low cost, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11].

Core Viewpoint - The SPDR S&P 600 Small Cap Growth ETF (SLYG) is a significant option for investors seeking exposure to the Small Cap Growth segment of the US equity market, with assets exceeding $3.37 billion and a low expense ratio of 0.15% [1][4]. Group 1: Fund Overview - SLYG is a passively managed ETF launched on September 25, 2000, sponsored by State Street Investment Management [1]. - The fund aims to match the performance of the S&P SmallCap 600 Growth Index, which includes small-cap companies with market capitalizations between $250 million and $1.2 billion [7]. Group 2: Investment Characteristics - Small cap companies, defined as those with market capitalizations below $2 billion, are considered high-potential stocks but come with higher risks compared to larger counterparts [2]. - Growth stocks, which SLYG primarily invests in, typically exhibit higher sales and earnings growth rates but also have higher valuations and volatility [3]. Group 3: Costs and Performance - The ETF has an annual operating expense of 0.15% and a 12-month trailing dividend yield of 1.25% [4]. - As of August 8, 2025, SLYG has lost approximately 0.89% year-to-date but is up about 5.22% over the past year, with a trading range between $72.61 and $100.66 in the last 52 weeks [8]. Group 4: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 23.9% of the portfolio, followed by Financials and Information Technology [5]. - Aerovironment Inc (AVAV) is the largest individual holding at approximately 1.19% of total assets, with the top 10 holdings accounting for about 10.34% of total assets under management [6]. Group 5: Alternatives - Other ETFs in the small-cap growth space include the iShares Russell 2000 Growth ETF (IWO) with $11.67 billion in assets and the Vanguard Small-Cap Growth ETF (VBK) with $19.21 billion, with expense ratios of 0.24% and 0.07%, respectively [11].

Core Viewpoint - The Vanguard S&P Small-Cap 600 Growth ETF (VIOG) is a passively managed ETF aimed at providing broad exposure to the Small Cap Growth segment of the US equity market, with assets exceeding $826.36 million [1] Group 1: Small Cap Growth Characteristics - Small cap companies are defined as those with market capitalizations below $2 billion, typically presenting higher potential but also higher risk compared to larger companies [2] - Growth stocks are characterized by faster growth rates, higher valuations, and above-average sales and earnings growth rates, but they also exhibit higher volatility [3] Group 2: Cost Structure - The ETF has an annual operating expense ratio of 0.1%, making it one of the least expensive options in its category, with a 12-month trailing dividend yield of 1.06% [4] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 24% of the portfolio, followed by Financials and Information Technology [5] - Aerovironment Inc (AVAV) represents approximately 1.22% of total assets, with the top 10 holdings accounting for about 7.58% of total assets under management [6] Group 4: Performance Metrics - VIOG aims to match the performance of the S&P Small-Cap 600 Growth Index, having lost about 0.23% year-to-date and gained approximately 4.36% over the past year as of August 7, 2025 [7] - The ETF has traded between $93.75 and $129.74 in the past 52 weeks [7] Group 5: Risk Assessment - With a beta of 1.08 and a standard deviation of 21.29% over the trailing three-year period, VIOG is classified as a medium-risk investment, effectively diversifying company-specific risk with around 347 holdings [8] Group 6: Alternatives - Alternatives to VIOG include the iShares Russell 2000 Growth ETF (IWO) and the Vanguard Small-Cap Growth ETF (VBK), with IWO having $11.75 billion in assets and an expense ratio of 0.24%, while VBK has $19.29 billion in assets and charges 0.07% [10] Group 7: Market Trends - There is a growing trend among retail and institutional investors towards passively managed ETFs due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]

Core Viewpoint - The First Trust Small Cap Growth AlphaDEX ETF (FYC) is designed to provide broad exposure to the Small Cap Growth segment of the US equity market, with a focus on growth stocks that have higher potential but also higher risks [1][2][3]. Fund Overview - Launched on April 19, 2011, FYC has accumulated assets exceeding $462.95 million, positioning it as an average-sized ETF in its category [1]. - The ETF has an annual operating expense ratio of 0.71%, which is considered high compared to other funds in the space [4]. Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising approximately 22.10% of the portfolio, followed by Industrials and Healthcare [5]. - Sezzle Inc. (SEZL) is the largest individual holding at about 2.86% of total assets, with the top 10 holdings accounting for roughly 12.34% of total assets under management [6]. Performance Metrics - FYC aims to match the performance of the Nasdaq AlphaDEX Small Cap Growth Index, with a year-to-date return of approximately 4.59% and a one-year return of about 16.76% as of July 25, 2025 [7]. - The ETF has a beta of 1.16 and a standard deviation of 22.36% over the trailing three-year period, indicating a higher risk profile [8]. Alternatives - Other ETFs in the same space include the iShares Russell 2000 Growth ETF (IWO) with $11.90 billion in assets and an expense ratio of 0.24%, and the Vanguard Small-Cap Growth ETF (VBK) with $19.60 billion in assets and an expense ratio of 0.07% [11]. Conclusion - FYC is a viable option for long-term investors seeking exposure to small-cap growth stocks, benefiting from low costs, transparency, and tax efficiency typical of passively managed ETFs [12].

Core Viewpoint - The Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) provides broad exposure to the Small Cap Growth segment of the US equity market, with a focus on small and medium-sized companies that are expected to grow rapidly [1][7]. Group 1: Fund Overview - JSMD is a passively managed ETF launched on February 23, 2016, and has accumulated assets exceeding $537.74 million, positioning it as an average-sized ETF in its category [1]. - The ETF has annual operating expenses of 0.30% and a 12-month trailing dividend yield of 0.82%, making it competitive with peer products [4]. Group 2: Investment Strategy and Performance - The ETF aims to match the performance of the Janus Small/Mid Cap Growth Alpha Index, which selects stocks based on growth, profitability, and capital efficiency [7]. - As of July 14, 2025, JSMD has returned approximately 4.24% year-to-date and 14.95% over the past year, with a trading range between $62.52 and $82.80 in the last 52 weeks [8]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 20.60% of the portfolio, followed by Information Technology and Industrials [5]. - The top 10 holdings account for approximately 20.53% of total assets, with Equitable Holdings Inc. (EQH) making up about 2.37% of total assets [6]. Group 4: Alternatives and Market Position - JSMD carries a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the Small Cap Growth area [10]. - Other comparable ETFs include the iShares Russell 2000 Growth ETF (IWO) with $11.76 billion in assets and the Vanguard Small-Cap Growth ETF (VBK) with $19.20 billion, both of which have lower expense ratios [11].