Small Cap ETFs get clobbered as Trump’s tariffs rattle markets
Seeking Alpha News (Thu, 03-Apr 12:40 PM)
Wall Street's major indices plunged into the red on Thursday, with investors reacting to President Trump's latest tariff announcement, which has sent shockwaves through the market. While the technology-heavy Nasdaq Composite (COMP:IND) has bore the brunt of the losses, small-cap exchange traded funds fared even worse, sinking to even lower levels.
Below, Seeking Alpha highlighted the 10 largest small-cap ETFs by market capitalization, detailing their rankings and specific price movements for the day.
No. 10: Dimensional U.S. Small Cap ETF (NYSEARCA:DFAS) $9.20B AUM.
No. 9: iShares Russell 2000 Growth ETF (NYSEARCA:IWO), $10.72B AUM.
No. 8: SPDR Portfolio S&P 600 Small Cap ETF (NYSEARCA:SPSM), $10.99B AUM.
No. 7: Avantis U.S. Small Cap Value ETF (NYSEARCA:AVUV), $14.68B AUM.
No. 6: Schwab U.S. Small-Cap ETF (NYSEARCA:SCHA), $15.93B AUM.
No. 5: Vanguard Small Cap Growth ETF (NYSEARCA:VBK), $17.31B AUM.
No. 4: Vanguard Small Cap Value ETF (NYSEARCA:VBR), $28.49B AUM.
No. 3: Vanguard Small Cap ETF (NYSEARCA:VB), $59.05B AUM.
No. 2: iShares Russell 2000 ETF (NYSEARCA:IWM), $62.65B AUM.
No. 1: iShares Core S&P Small-Cap ETF (NYSEARCA:IJR), $78.42B AUM.
See how each fund is trading on Thursday below:
Small-Cap price action: DFAS -5.5%, IWO -5.2%, SPSM -5.5%, AVUV -6.6%, SCHA -5.4%, VBK -5.6%, VBR -5.2%, VB -5.3%, IWM -5.2%, and IJR -5.6%.
More on markets
- Leveraged ETFs sink as market rout intensifies losses
- S&P 500 craters and these 10 names are driving the index lower
- Citi: 'Trump was more aggressive on tariffs than markets expected'
- Société Générale: 'Tariffs is a lose/lose event for equities'
- UBS warns that Trump’s tariffs could pose large risks to economic growth
