This ETF offers exposure to small cap U.S. stocks, an asset class that is included in most long-term portfolios and can be useful for tactical traders looking to implement a tilt towards riskier securities. RWJ is one of dozens of options for small cap exposure through ETFs, distinguishing itself from the alternatives though the unique weighting methodology employed. The related benchmark consists of all the stocks included in the S&P SmallCap 600, but determines the individual allocations based on top line revenue (as opposed to market capitalization). That methodology may be appealing for investors who see value in a strategy that shifts exposure towards companies with low price-to-sales multiples, and may also be appealing for those looking to utilize alternatives to market cap-weighting (which has a tendency to overweight overvalued stocks, and underweight undervalued companies). There are other ETFs out there for alternative weighting approaches within the small cap space; DES weights holdings based on cash dividends paid, while EES uses earnings to construct the underlying portfolio. RWJ is slightly more expensive than some of the cap-weighted alternatives, but investors who believe the revenue-weighting approach has the potential to add value over the long run will find the expense differentials to be minimal. This fund may be worth considering as an alternative to products such as IWM and IJR.
| Segment | Equity: U.S. - Small Cap |
| Category | Size and Style |
| Focus | Small Cap |
| Niche | Broad-based |
| Strategy | Fundamental |
| Weighting Scheme | Revenue |
This section compares how balanced and deep this ETF is relative to its peers.
| RWJ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 595 | 495 | 585 |
| % of Assets in Top 10 | 17.02% | 11.39% | 22.59% |
| % of Assets in Top 15 | 21.02% | 15.52% | 25.87% |
| % of Assets in Top 50 | 39.67% | 37.71% | 42.78% |
| RWJ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 0.00% | 0.84% | 0.67% |
| Mid (>2.7B) | 25.75% | 39.23% | 38.09% |
| Small (>600M) | 67.51% | 50.67% | 40.33% |
| Micro (<600M) | 6.74% | 8.59% | 5.51% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| RWJ | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.47 | $ 0.31 | $ 0.18 |
| Dividend Date | 2023-03-20 | N/A | N/A |
| Annual Dividend Rate | $ 1.36 | $ 1.30 | $ 0.81 |
| Annual Dividend Yield | 1.19% | 1.93% | 1.86% |
View charts featuring RWJ price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 3.48 M 1 Month Net Flows: -991.23 K 3 Month Net Flows: 66.68 M 6 Month Net Flows: 265.99 M 1 Year Net Flows: 457.07 M 3 Year Net Flows: 843.93 M 5 Year Net Flows: 663.35 M 10 Year Net Flows: 875.03 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 102.13 MThe adjacent table gives investors an individual Realtime Rating for RWJ on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Small Cap Value Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| RWJ |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 5.98% | 6.61% | 5.30% |
| 3 Month Return | -4.10% | -2.82% | -0.57% |
| YTD Return | 5.03% | 4.38% | 4.58% |
| 1 Year Return | -2.25% | -1.81% | 0.14% |
| 3 Year Return | 24.44% | 14.14% | 7.82% |
| 5 Year Return | 9.89% | 4.53% | 2.77% |
The following charts reflect the geographic spread of RWJ's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.95% |
| Other | 0.0% |
| Country | Percentage |
|---|---|
| United States | 97.42% |
| Bermuda | 1.23% |
| United Kingdom | 0.69% |
| Puerto Rico | 0.21% |
| Cayman Islands | 0.21% |
| Canada | 0.18% |
| Netherlands | 0.01% |
| Other | 0.0% |
The following charts reflect the allocation of RWJ's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 12.88% |
| Distribution Services | 11.73% |
| Retail Trade | 10.64% |
| Producer Manufacturing | 8.38% |
| Consumer Durables | 6.17% |
| Commercial Services | 5.58% |
| Electronic Technology | 5.25% |
| Process Industries | 4.91% |
| Consumer Non-Durables | 4.62% |
| Health Technology | 4.54% |
| Consumer Services | 4.41% |
| Technology Services | 4.19% |
| Transportation | 3.29% |
| Industrial Services | 3.21% |
| Energy Minerals | 2.94% |
| Health Services | 2.48% |
| Non-Energy Minerals | 2.29% |
| Communications | 1.7% |
| Utilities | 0.71% |
| Miscellaneous | 0.03% |
| Other | 0.0% |
| CASH | 0.0% |
| Market Cap | Percentage |
|---|---|
| Small | 67.51% |
| Mid | 25.75% |
| Micro | 6.74% |
| Large | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.95% |
| Other | 0.0% |
| CASH | 0.0% |
| Sector | Percentage |
|---|---|
| Finance | 12.88% |
| Distribution Services | 11.73% |
| Retail Trade | 10.64% |
| Producer Manufacturing | 8.38% |
| Consumer Durables | 6.17% |
| Commercial Services | 5.58% |
| Electronic Technology | 5.25% |
| Process Industries | 4.91% |
| Consumer Non-Durables | 4.62% |
| Health Technology | 4.54% |
| Consumer Services | 4.41% |
| Technology Services | 4.19% |
| Transportation | 3.29% |
| Industrial Services | 3.21% |
| Energy Minerals | 2.94% |
| Health Services | 2.48% |
| Non-Energy Minerals | 2.29% |
| Communications | 1.7% |
| Utilities | 0.71% |
| Miscellaneous | 0.03% |
| Other | 0.0% |
| CASH | 0.0% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 254.69% |
| 20 Day Volatility | 27.12% |
| 50 Day Volatility | 23.75% |
| 200 Day Volatility | 24.23% |
| Beta | 1.32 |
| Standard Deviation | 6.47% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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