Small-Cap Exchange-Traded Funds

Small companies with less than $1 to $2 billion market capitalization (number of outstanding shares times price) offer investors rapid earnings growth and potential price appreciation. But these small-cap stocks can be quite volatile, particularly in a down market.

Here are 19 small-cap exchange-traded funds that include small-cap stocks. Each ETF differs in composition so their performance will vary. Also, compare fees because they vary from fund to fund.

Small-Cap Exchange-Traded Funds
ETF (Click for Web site)	Symbol	ETF Tracks...
SPDR DJ Wilshire Small Cap ETF	DSC	Dow Jones Wilshire Small Cap Index.
SPDR DJ Wilshire Small Cap Growth ETF	DSG	Dow Jones Wilshire Small Cap Growth Index.
SPDR DJ Wilshire Small Cap Value ETF	DSV	Dow Jones Wilshire Small Cap Value Index.
iShares Morningstar Small Core Index Fund	JKJ	Morningstar Small Core Index.
iShares Russell 2000 Index Fund	IWM	2,000 smallest companies in the Russell 3000 Index.
iShares Russell 2000 Growth Index Fund	IWO	Russell 2000 Growth Index.
iShares Russell 2000 Value Index Fund	IWN	Russell 2000 Value Index.
iShares Russell Microcap™ Index Fund	IWC	Russell Microcap™ Index
iShares S&P SmallCap 600 Index Fund	IJR	Standard & Poor's SmallCap 600 Index.
iShares S&P SmallCap 600 Growth Index Fund	IJT	S&P SmallCap 600/Citigroup Growth Index.
iShares S&P SmallCap 600 Value Index Fund	IJS	S&P SmallCap 600/Citigroup Value Index.
PowerShares Dynamic Small Cap Portfolio	PJM	Dynamic Small Cap Intellidex Index.
PowerShares Dynamic Small Cap Growth Portfolio	PWT	Dynamic Small Cap Growth Intellidex Index.
PowerShares Dynamic Small Cap Value Portfolio	PWY	Dynamic Small Cap Value Intellidex Index.
PowerShares Zacks Micro Cap Portfolio	PZI	Zacks Micro Cap Index
PowerShares Zacks Small Cap Portfolio	PZJ	Zacks Small Cap Index.
Vanguard Small-Cap ETF	VB	Tracks the MSCI US Small Cap 1750 Index.
Vanguard Small-Cap Growth ETF	VBK	Tracks the MSCI US Small Cap Growth Index
Vanguard Small-Cap Value ETF	VBR	Tracks the MSCI US Small Cap Value Index

Related Articles:

Exchange-Traded Funds
Large-Cap Exchange-Traded Funds Feature Large Companies
Mid-Cap Exchange-Traded Funds Outperform the DJIA and S&P 500
Russell 2000 Outperforms the DJIA and S&P 500
Small Companies Outperform Large Ones

Posted March 21, 2007. Updated March 24, 2007.