SMLF Performance — iShares U.S. Small-Cap Equity Factor ETF
Data updated: 2026-10-13
SMLF returned +15.79% year to date and +25.83% over one year to Jul 2026. Annualised returns are +16.43% over 3 years and +10.95% over 5 years. Against its US Small Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $158, against $146 for the category, and to $126 over one year, against $129. Volatility over the past three years was 17.97% a year. In the 12 months to Jul 2026 the fund took in a net $1.5B, and assets reached $4.10B.
SMLF Growth of $100
What $100 invested in iShares U.S. Small-Cap Equity Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | SMLF | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $126 | $129 |
| 3 years (Aug 2023 – Jul 2026) | $158 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $168 | $141 |
| Since data start (Aug 2019 – Jul 2026) | $231 | $204 |
SMLF Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.79% |
| 1 year | +25.83% |
| 3 years (annualised) | +16.43% |
| 5 years (annualised) | +10.95% |
SMLF Annual Returns
Calendar-year total returns of iShares U.S. Small-Cap Equity Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.79% |
| 2025 | +12.05% |
| 2024 | +16.61% |
| 2023 | +19.69% |
| 2022 | −12.01% |
| 2021 | +26.55% |
| 2020 | +8.27% |
| 2019 (Aug–Dec) | +5.64% |
SMLF Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.0% | +1.7% | −4.3% | +9.0% | +4.2% | +4.2% | −3.3% | — | — | — | — | — |
| 2025 | +4.1% | −5.4% | −6.3% | −1.8% | +6.5% | +4.6% | +2.0% | +5.4% | +2.1% | 0.0% | +1.3% | −0.3% |
| 2024 | −1.9% | +6.1% | +4.3% | −6.3% | +4.7% | −1.7% | +7.3% | −0.6% | +2.1% | −0.8% | +11.6% | −7.7% |
| 2023 | +9.5% | −1.4% | −4.1% | −1.6% | −2.0% | +9.1% | +5.4% | −3.3% | −5.1% | −6.1% | +8.9% | +11.1% |
| 2022 | −6.7% | +1.6% | +0.9% | −6.8% | +3.2% | −10.4% | +10.2% | −3.4% | −10.0% | +12.8% | +5.3% | −6.1% |
| 2021 | +3.5% | +5.9% | +4.8% | +2.5% | +1.0% | +1.2% | −0.3% | +2.4% | −3.8% | +4.9% | −2.4% | +4.6% |
| 2020 | −2.8% | −10.1% | −20.5% | +12.3% | +5.4% | +1.8% | +4.7% | +2.7% | −2.7% | +2.1% | +13.2% | +7.0% |
| 2019 | — | — | — | — | — | — | — | −4.6% | +2.3% | +2.6% | +3.7% | +1.7% |
SMLF Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.97%
- 3-year Sharpe ratio: 0.66 (vs 4.5% risk-free rate)
- Best month: +11.65% (Nov 2024)
- Worst month: −7.74% (Dec 2024)
SMLF Fund Flows
Monthly money in and out of iShares U.S. Small-Cap Equity Factor ETF, from SEC Form N-PORT.
- 12-month net flow: $1.5B
- 12-month gross sales (incl. reinvestments): $1.8B
- Sales ÷ redemptions: 5.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $52.4M | $0 | $52.4M |
| Jun 2026 | $163.3M | $4.4M | $158.8M |
| May 2026 | $92.0M | $8.3M | $83.7M |
| Apr 2026 | $67.7M | $20.3M | $47.3M |
| Mar 2026 | $180.3M | $193.2M | −$12.9M |
| Feb 2026 | $154.9M | $35.6M | $119.3M |
| Jan 2026 | $396.7M | $54.6M | $342.1M |
| Dec 2025 | $124.3M | $0 | $124.3M |
| Nov 2025 | $103.4M | $0 | $103.4M |
| Oct 2025 | $171.2M | $0 | $171.2M |
| Sep 2025 | $175.8M | $0 | $175.8M |
| Aug 2025 | $166.3M | $0 | $166.3M |
SMLF Assets Under Management
Net assets of iShares U.S. Small-Cap Equity Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.10B |
| 2026-04-30 | $3.63B |
| 2026-01-31 | $3.28B |
| 2025-10-31 | $2.58B |
| 2025-07-31 | $1.93B |
| 2025-04-30 | $1.58B |
| 2025-01-31 | $1.64B |
| 2024-10-31 | $1.34B |
| 2024-07-31 | $1.23B |
| 2024-04-30 | $992.47M |
| 2024-01-31 | $853.18M |
| 2023-10-31 | $694.54M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.