iShares U.S. Small-Cap Equity Factor ETF

iShares Trust · 1 share class

U.S. equity index ETF
One fund, 1 share class:SMLF
$3.63B NAV
913 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares U.S. Small-Cap Equity Factor ETF is a U.S. equity index ETF that tracks the STOXX U.S. Small-Cap Equity Factor Index. 23% of SMLF’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 86% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
ETF

Fund profile

As filed in the prospectus · 2025 Q4

The iShares U.S. Small-Cap Equity Factor ETF (the Fund ) seeks to track the investment results of an index composed of U.S. small-capitalization stocks that have favorable exposure to target style factors subject to constraints.

Strategy · summarised

The fund tracks the STOXX U.S. Small-Cap Equity Factor Index using representative sampling, holding a sample of small-cap stocks selected and weighted to maximize exposure to momentum, quality, value, and low volatility while controlling sector and industry exposures relative to the parent index. Because the fund may not hold all index constituents, its returns may diverge from the index it seeks to track.

Expenses
0.15%one share class
Share classExpense ratio
SMLF0.15%

Portfolio turnover 24.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

107.76%
of net assets
Stocks98.95%
Cash & short-term8.76%
Derivatives0.05%
Other0.00%

These positions come to 107.76% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials17.5%
Financials13.7%
Information Technology12.9%
Health Care11.3%
11 smaller44.7%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
23%of stock holdings in top-quartile growers
covering 86% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 77 new28 exited

Largest new: PIPR, HII, VSNT, CART, SWKS, DOCU, SARO, SYM

Largest exited: SNDK, FIX, RKLB, CIEN, LITE, COHR, Exact Sciences Corp., BE

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+36.21%
3-year
+69.36%
5-year
+63.22%
Volatility
12.23%
Worst 3-yr fall
-16.31%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
BlackRock Funds III7.81%$283.26M
EMCOR Group, Inc.EME1.33%$48.37M
BlackRock Funds III0.95%$34.49M
Jabil, Inc.JBL0.88%$31.76M
nVent Electric plc0.84%$30.65M
Interactive Brokers Group, Inc.IBKR0.78%$28.25M
Mueller Industries, Inc.MLI0.70%$25.42M
Sterling Infrastructure, Inc.STRL0.69%$24.99M
Flex Ltd.0.69%$24.85M
Tapestry, Inc.TPR0.66%$24.02M
Showing 10 of 913Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 15.33% of net assets, top 25 22.29%, across 888 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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