Which Small-Cap Growth ETF Is the Better Buy: State Street's SLYG or Invesco's RZG?
SLYG charges lower fees, but RZG has delivered a higher one-year return.
Overview
The State Street SPDR S&P 600 Small Cap Growth ETF (NYSEMKT:SLYG) and the Invesco S&P SmallCap 600 Revenue ETF (NYSEMKT:RZG) both focus on smaller U.S. companies with room to grow, but the two funds take very different approaches. SLYG tracks a conventional small-cap growth index, while RZG follows a "pure growth" benchmark that screens for only the strongest growth characteristics, resulting in a much narrower portfolio.
Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Details
SLYG is significantly cheaper, with an expense ratio of 0.15% compared to RZG's 0.35%. Income-seeking investors may also prefer SLYG's higher yield of 0.66% to RZG's 0.44%.
Source
Originally published at www.fool.com.