(SMIG) ETF Series Solutions - AAM - Ratings and Ratios

The AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG) is a Mid-Cap Value ETF listed on the NYSE ARCA, providing investors with exposure to the US small and mid-cap market segments. With Assets Under Management (AUM) of $1.14 billion, it is a sizable fund in its category.

The funds investment strategy focuses on income growth, targeting companies that can sustain dividend payments and potentially offer capital appreciation. To evaluate its performance, key metrics such as dividend yield, payout ratio, and earnings growth rate should be monitored. The underlying holdings are likely to be influenced by economic drivers like interest rates, GDP growth, and corporate profit margins.

To assess the funds risk profile, investors should consider its beta, which is currently 0.92, indicating slightly lower volatility compared to the broader market. The Average True Range (ATR) of 0.34, or 1.14%, suggests moderate daily price movements. Key Performance Indicators (KPIs) to track include the funds tracking error, expense ratio, and returns relative to its benchmark.

Economic conditions that may impact SMIGs performance include changes in monetary policy, sector rotation, and shifts in investor sentiment. For instance, a rising interest rate environment could affect the attractiveness of dividend-paying stocks, while a strong GDP growth trajectory could boost small and mid-cap companies earnings. By analyzing these factors, investors can better understand the funds potential opportunities and challenges.