The First Trust Dow Jones Select MicroCap Index Fund ETF (FDM) provides investors with exposure to 150 micro-cap stocks, offering diversification and relatively low company risk. It has a net expense ratio of 0.60% and a 30-day SEC yield of 1.29%. Historically, FDM's returns have closely matched the small-cap benchmark IWM and outperformed competitor IWC over the long term, though it has lagged IWC in the past year. FDM is best suited for long-term investors seeking micro-cap exposure, while IWC may be preferable for those focused on trading and tactical allocation due to its higher liquidity.
The Columbia Seligman Premium Technology Growth (STK) closed-end fund is trading at its widest discount to net asset value in over ten years, currently 7.9%, driven by recent tech sector volatility and profit-taking. Despite a market pause since mid-...
The iShares Russell 2000 ETF (IWM) charges a 0.19% expense ratio, significantly higher than similar ETFs like Vanguard's VTWO and iShares Core's IJR, which charge about a third of that. Beyond fees, IWM suffers from an annual drag due to the Russell ...
