SSMAX Performance — Siit Small/mid Cap Fund, Class A
Data updated: 2026-09-28
SSMAX returned +7.91% year to date and +20.06% over one year to May 2026. Annualised returns are +13.89% over 3 years and +4.81% over 5 years. The fund trailed its US Mid-Cap Blend category average: $100 invested three years ago grew to $148, against $156 for the category, and to $120 over one year, against $122. Volatility over the past three years was 16.78% a year. In the 12 months to May 2026 the fund lost a net $127.2M, and assets reached $808.71M.
SSMAX Growth of $100
What $100 invested in Siit Small/mid Cap Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | SSMAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $122 |
| 3 years (Jun 2023 – May 2026) | $148 | $156 |
| 5 years (Jun 2021 – May 2026) | $126 | $143 |
| Since data start (Sep 2019 – May 2026) | $186 | $204 |
SSMAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.91% |
| 1 year | +20.06% |
| 3 years (annualised) | +13.89% |
| 5 years (annualised) | +4.81% |
SSMAX Annual Returns
Calendar-year total returns of Siit Small/mid Cap Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +7.91% |
| 2025 | +2.51% |
| 2024 | +20.90% |
| 2023 | +4.24% |
| 2022 | −10.84% |
| 2021 | +20.52% |
| 2020 | +26.07% |
| 2019 (Sep–Dec) | −1.60% |
SSMAX 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 | +4.2% | −0.5% | +0.7% | +9.1% | −5.3% | — | — | — | — | — | — | — |
| 2025 | +3.5% | −8.3% | +4.7% | −2.3% | −5.0% | +4.5% | +0.1% | +3.4% | +1.7% | −1.2% | 0.0% | +2.4% |
| 2024 | −1.3% | +9.1% | +4.2% | −5.9% | +4.4% | −0.1% | +7.6% | −0.7% | +8.9% | −1.8% | +0.9% | −4.6% |
| 2023 | +9.0% | −6.1% | −3.1% | −1.2% | −3.7% | −3.7% | +3.6% | +8.6% | +8.2% | −5.9% | −4.8% | +5.1% |
| 2022 | −7.0% | +4.5% | +1.5% | −7.2% | +0.4% | −3.6% | +8.9% | −9.3% | +4.2% | +10.7% | −9.7% | −2.1% |
| 2021 | +2.3% | +6.5% | +0.9% | +4.5% | +3.2% | +2.9% | −0.4% | −0.2% | −2.3% | +3.9% | −2.5% | +0.5% |
| 2020 | −2.5% | +1.8% | +6.5% | +13.6% | −21.9% | +2.9% | +4.8% | +2.8% | +14.1% | +1.6% | −2.6% | +7.3% |
| 2019 | — | — | — | — | — | — | — | — | +3.7% | +1.7% | +2.1% | −8.6% |
SSMAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.78%
- 3-year Sharpe ratio: 0.56 (vs 4.5% risk-free rate)
- Best month: +9.08% (Feb 2024)
- Worst month: −8.30% (Feb 2025)
SSMAX Fund Flows
Monthly money in and out of Siit Small/mid Cap Fund, from SEC Form N-PORT.
- 12-month net flow: −$127.2M
- 12-month gross sales (incl. reinvestments): $176.3M
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.2M | $23.6M | −$19.4M |
| Apr 2026 | $3.4M | $24.4M | −$20.9M |
| Mar 2026 | $2.0M | $70.8M | −$68.8M |
| Feb 2026 | $58.4M | $49.1M | $9.3M |
| Jan 2026 | $5.3M | $2.7M | $2.6M |
| Dec 2025 | $1.2M | $24.6M | −$23.4M |
| Nov 2025 | $5.0M | $32.6M | −$27.6M |
| Oct 2025 | $13.1M | $47.0M | −$33.9M |
| Sep 2025 | $15.0M | $9.4M | $5.6M |
| Aug 2025 | $6.9M | $2.4M | $4.5M |
| Jul 2025 | $48.2M | $3.4M | $44.8M |
| Jun 2025 | $13.5M | $13.4M | $95K |
SSMAX Assets Under Management
Net assets of Siit Small/mid Cap Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $808.71M |
| 2026-02-28 | $888.30M |
| 2025-11-30 | $900.92M |
| 2025-08-31 | $955.71M |
| 2025-05-31 | $837.37M |
| 2025-02-28 | $807.02M |
| 2024-11-30 | $879.91M |
| 2024-08-31 | $847.46M |
| 2024-05-31 | $803.79M |
| 2024-02-29 | $819.17M |
| 2023-11-30 | $765.49M |
| 2023-08-31 | $805.22M |
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.