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Upturn AI Summary
Intech S&P Small-Mid Cap Diversified Alpha ETF(SMDX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SMDX
10/28/2026: SMDX (2-star) is currently NOT-A-BUY. Pass it for now.
SMDX provides active, quantitative exposure to the U.S. small and mid-cap equity markets by utilizing a proprietary risk-managed strategy designed to capture alpha. Its primary strength lies in its disciplined, non-market-cap-weighted approach, which seeks to mitigate the volatility typically inherent in these segments. The fund is best suited as a component in a long-term, diversified portfolio for investors who prefer an active approach to SMID-cap exposure. Key risks include the volatility of the asset class, the potential for model underperformance, and higher fees relative to passive index alternatives. Investors should monitor the performance of the fund’s quantitative model relative to passive benchmarks as an indicator of its effectiveness.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | While it seeks alpha, the quantitative strategy may focus more on risk-adjusted returns than pure aggressive growth. |
| Momentum investor | Mixed fit | The fund uses a proprietary systematic approach that may not align perfectly with traditional momentum signals. |
| Value investor | Mixed fit | The portfolio selection is driven by mathematical risk models rather than traditional value factor metrics. |
| Dividend/Income investor | Weak fit | The fund is primarily focused on capital appreciation rather than generating dividend income for investors. |
| Low-risk investor | Mixed fit | While designed for risk management, the fund remains invested in volatile small and mid-cap equities. |
Investor Profile
Ideal Investor Profile
The ideal investor for SMDX is a long-term portfolio builder who believes that a quantitative, rules-based approach can add value beyond a passive index in the less efficient small-cap segment.
Suitability
SMDX is best suited for long-term investors looking to complement a core large-cap portfolio with an actively managed, risk-controlled small-to-mid cap component.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Small and mid-cap stocks are inherently more volatile than large-cap market segments. |
| Market risk | High | The fund is subject to systemic economic risks that affect the broader equity market. |
| Concentration | Medium | Diversified across small and mid-cap segments, though still focused on U.S. equities. |
| Tracking/expense | Medium | As an active fund, it carries higher management fees than passive alternatives. |
| Liquidity | Medium | Lower trading volumes in the ETF may lead to wider bid-ask spreads during market stress. |
| Business/sector quality | Medium | Performance depends on the underlying quality of the companies within the target indices. |
Risk Analysis
Volatility
The fund exhibits volatility characteristic of the underlying small and mid-cap stocks, though tempered by its risk-management model.
Market Risk
SMDX is heavily exposed to the U.S. domestic economy and the performance of smaller companies which are sensitive to interest rate hikes and credit cycles.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | Small-Cap Equities (S&P SmallCap 600 Universe) | 50 | Provides exposure to the growth potential and agility of smaller U.S. companies. |
| Market capitalization | Mid-Cap Equities (S&P MidCap 400 Universe) | 48 | Offers exposure to established mid-sized firms often considered the 'sweet spot' for growth and stability. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Minimal liquidity buffer held for operational purposes and rebalancing needs. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 23.31% | Avg. Invested days 89 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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