IA Smart Beta

Small Cap Growth

Managed by IA Smart Beta
Small and mid cap growth stocks

The Small Cap Growth portfolio is a portfolio designed to systematically deliver return and risk characteristics of small cap growth stocks within the US equity market. The portfolio is implemented using a rules-based approach and offered at a relatively low cost.

Portfolio risk score
Strategy Smart Beta
Management fee 0.11%
Min investment $100
Performance
Commentary

Performance

Last 30 days 12.4%
Last 90 days 10.7%
Last 365 days -9.6%
Since inception (annualized) 3.6%
2022 (YTD) -15.0%
2021 20.5%
2020 2.5%
2019 24.5%
2018 -15.4%
2017 11.6%

Risk metrics (last 365 days)

Volatility 25.3%
Sharpe ratio -0.49
Sortino ratio -0.74
Maximum drawdown -32.2%
Value-at-risk (95%, 1 week) -5.9%

Portfolio updates

Blog posts

Estimate your costs

Investment (below min)
Annual costs

Portfolio information

Research

A factor-based approach to portfolio construction is grounded in academic research. The goal is to achieve an alternative risk-return profile, which is more attractive than a simple capitalization-weighted index such as the Russell 2000. Interactive Advisors has undertaken research and back-testing to decide on the fundamental factors and rules used to construct this portfolio.

Approach

The portfolio is constructed using a rules-based algorithm to determine position allocations. The portfolio is rebalanced quarterly and stocks exhibiting attractive growth characteristics have a greater chance of being included.

Sell discipline

Sell decisions are based only upon the quarterly rebalance criteria: stocks sold are replaced by stocks with more attractive growth characteristics.

Exceptions

Positions in stocks undergoing corporate actions may be sold or adjusted. Performance is calculated using then-applicable 0.08% management fee until March 1, 2019, and currently applicable 0.11% management fee as of March 1, 2019.

IA Smart Beta

About IA Smart Beta

Interactive Advisors is a pioneer in online investing. Interactive Advisors offers a variety of portfolios, including the Smart Beta portfolios, which are managed by Interactive Advisors's Chief Investment Officer and Investment Management team.

The “Smart Beta” approach to portfolio construction is grounded in academic research. The goal is to achieve an alternative risk-return profile which is more attractive than a simple capitalization-weighted index such as the S&P 500. Interactive Advisors Smart Beta portfolios are designed to provide systematic exposure to a fundamental factor or combination of factors.

Portfolios are constructed using a rules-based approach and offered at a relatively low cost.

Disclosures

Past performance is no guarantee of future results, and all investments, including those in this portfolio, involve the risk of loss, including loss of principal and a reduction in earnings.

This portfolio was launched on Interactive Advisors on December 20, 2016. On that date, Interactive Advisors started trading its own funds in a brokerage account trading this strategy. This portfolio was opened to client investments on November 01, 2016. All performance information on this page is actual performance of the Interactive Advisors proprietary account and presented “net of fees”. The actual performance chart is provided for informational purposes only, and should not be used as the basis for making an investment decision. Actual client returns will differ.

The ESG variants of the Smart Beta and Asset Allocation Portfolios and the Socially Responsible Investing portfolios use an Environmental, Social and Governance (“ESG”) investment strategy. Such a strategy could limit the types and number of investment opportunities available to this portfolio, lead the portfolio to underperform a portfolio without an ESG focus or with a distinct ESG focus, and result in the portfolio investing in securities or industry sectors that underperform the market as a whole or foregoing opportunities to invest in securities that might otherwise be advantageous to invest in. Interactive Advisors could also be unsuccessful in creating a portfolio investing in stocks of companies or ETFs made up of companies that exhibit positive or favorable ESG characteristics and the ETF manager (or the provider of the index the ETF seeks to track) may not succeed in selecting issuers that exhibit positive or favorable ESG characteristics in constructing the ETFs.

Additional information on the risks, conflicts of interest, applicable brokerage commissions, fractional shares, and limitations on investments and divestments associated with this portfolio can be found here and on the Forms and Agreements page.

See how easy it is to get invested in a portfolio that works for you

STEP
1
Fill out the application
It's easy and only takes a few minutes.
STEP
2
Explore our portfolios
Or choose one based on your preferences
STEP
3
Make your first investment
Our technology ensures it is suited for you
Sign up today!