Yesterday we examined primarily U.S. Small-Cap Equity ETFs in the landscape and today we will take a closer look at Small- Caps that are internationally focused.
The largest product in this sub-space is SCZ (iShares MSCI EAFE Small Cap, Expense Ratio 0.40%) with $2.7 billion in assets under management.
This fund is followed by DGS (WisdomTree Emerging Markets SmallCap Dividend, Expense Ratio 0.64%), VSS (Vanguard FTSE All World ex-U.S. Small Cap, Expense Ratio 0.25%) in terms of fund size as these two have $1.7 billion and $1.56 in assets under management respectively.
SPDRs is also a player in this space, offering GWX (SPDR S&P International Small Cap, Expense Ratio 0.59%) and EWX (SPDR S&P Emerging Markets Small Cap, Expense Ratio 0.65%) and two other notables are DLS (WisdomTree International SmallCap Dividend, Expense Ratio 0.58%) and SCHC (Schwab International Small Cap Equity, Expense Ratio 0.20%) in terms of total fund sizes as measured by AUM.
Like the U.S. Equity based small cap ETFs in 2013, the trend of strong price performance among internationally based Small Caps has garnered notable asset inflows, as SCZ for example has picked up $732 million in new assets just year to date while DGS has added $563 million, VSS has reeled in $326 million, DLS has attracted $103 million, and SCHC has added $59 million.