| Ticker / Fund Name |
Issuer |
Segment |
AUM |
Expense Ratio |
3-Mo TR |
Div. Yield (TTM) |
Annual Payout |
5Y Div Growth |
Div Streak |
Action |
|
|
BlackRock, Inc. |
Micro-cap stocks (US) |
$1.24B |
0.60% |
-6.4% |
1.05% |
$1.94 |
8.21% |
4 y |
Analyze
|
FDM
First Trust Dow Jones Select MicroCap Index Fund
|
First Trust |
Micro-cap stocks (US) |
$264.17M |
0.60% |
+0.6% |
1.13% |
$0.99 |
14.60% |
1 y |
Analyze
|
Risk note: Micro-cap funds can be volatile and hard to trade. Small holdings can move prices sharply.
Data as of November 2026. Ranked by AUM. This list was compiled by the Snowball Analytics team from publicly available sources. It may be incomplete, and figures may be delayed or contain errors; check them against the fund’s or company’s own documents. Inclusion in the list is not a recommendation to buy, sell or hold any security and is not investment advice. Past performance does not predict future results. This list is general information, not personalised to your circumstances. Snowball Analytics is a portfolio tracking tool, not a broker-dealer or investment adviser. Investing involves risk, including loss of principal.
Understanding Micro Cap ETFs: Characteristics and Risks
Micro Cap ETFs invest in the smallest publicly traded companies, typically with market capitalizations below $500 million to $1 billion. Because institutional Wall Street analysts rarely cover these companies, micro-caps may be less efficiently priced, though that does not guarantee better returns.
Core Strategies & Segment Breakdowns
Broad Micro-Cap Benchmark
iShares Micro-Cap ETF (IWC) holding over 1,000 sub-$1B companies across biotechnology, regional banking, and specialty industrials.
Fundamental Value & Profitability
Screening for micro-caps with positive operating cash flows to avoid early-stage cash-burning firms.
Merger & Acquisition Targets
Small, nimble micro-caps frequently become strategic acquisition targets for larger industry consolidators.
How to Evaluate Micro Cap ETFs (Investor Checklist)
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Factor in Trading Liquidity and Spreads: Micro-cap stocks trade lower share volumes, resulting in slightly wider bid-ask spreads for the underlying ETF.
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Expect High Standard Deviation: Micro-caps experience severe volatility during economic downturns; consider how much of your portfolio such volatility could affect.
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Monitor Capital Raising Dilution: Early-stage companies may issue secondary share offerings during bear markets, diluting existing shareholders.
Frequently Asked Questions About Micro Cap ETFs
What defines a micro-cap stock?
Micro-cap stocks are publicly traded companies with market capitalizations typically below $500 million to $1 billion.
What is the largest micro-cap ETF by AUM?
The iShares Micro-Cap ETF (IWC) is the flagship benchmark, holding over a thousand micro-cap companies.
Which Micro Cap ETFs currently have the highest AUM?
In this category, iShares Micro-Cap ETF (IWC) leads with over $1.24B in Assets Under Management, offered by BlackRock, Inc..
Why might micro-caps behave differently from larger stocks?
Because micro-caps receive less Wall Street research coverage, pricing can be less efficient, but they also tend to be more volatile and less liquid, and higher returns are not guaranteed.
How can I track my Micro Cap ETFs with Snowball Analytics?
Snowball Analytics connects directly to your brokerage accounts to automatically track dividend payouts, calculate time-weighted and money-weighted returns (TWR and IRR) against benchmarks, model sector weighting, and monitor risk metrics across all your Micro Cap ETFs holdings in one unified portfolio dashboard.
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