SMCP: AlphaMark Actively Managed Small Cap ETF
ETF Education Report: AlphaMark Actively Managed Small Cap ETF (SMCP)
What this ETF is trying to do
The AlphaMark Actively Managed Small Cap ETF (ticker: SMCP) is an exchange-traded fund that focuses on small-cap companies. "Small-cap" generally refers to companies with a smaller total market value. This fund is actively managed, meaning managers make decisions about which stocks to include in the portfolio.
What the numbers show
As of October 5, 2026, the current price of SMCP is $27.55. Because this ETF does not have a recorded history of stock splits, we look at the provided percentage returns to see how it has performed.
It is important to understand the difference between "price return" and "total return." Price return only tracks how much the share price moves. Total return includes both the price movement and any cash distributions (like dividends) paid out to investors.
• Three-Year Performance: Over the last three years, the price return was approximately 13.39%. When including distributions, the three-year total return was approximately 14.28%.
• Five-Year Performance: The five-year total return was approximately -8.37%.
• Recent Data: Data for year-to-date (YTD) and one-year returns was not supplied.
Income and distribution explanation
Some investors look for ETFs that pay regular cash, known as distributions. For SMCP, no distributions were detected over the last 12 months. The distribution yield is 0%. Because there are no payouts, this ETF is not currently providing cash income to investors.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value, which is the actual value of the assets held by the fund. While a falling share price can sometimes be related to erosion, they are not the same thing. For SMCP, there is no severe erosion-risk flag. The erosion score is currently withheld because there is not enough verified price history to provide a specific measurement.
Top Holdings
The following are the top holdings in this ETF (note that this is a partial list and holdings can change over time):
• THE E W SCRIPPS CO CLASS A (1.24%)
• SUNSTONE HOTEL INVESTORS INC (1.20%)
• YELP INC CLASS A (1.14%)
• ALKERMES PLC (1.11%)
• HALOZYME THERAPEUTICS INC (1.08%)
• BADGER METER INC (1.07%)
• CARGURUS INC CLASS A (1.07%)
• OMNICELL INC (1.07%)
• RAMBUS INC (1.07%)
• INTERDIGITAL INC (1.06%)
Pros
• The ETF has shown a positive total return over a three-year period.
Cons
• The five-year total return has been negative.
• The ETF does not currently provide cash distributions for income.
Beginner takeaway
When looking at SMCP, it is helpful to distinguish between the share price and the total return. While the fund saw growth over three years, its five-year total return shows a decline. Additionally, since this fund does not pay distributions, it may not fit the needs of an investor specifically looking for regular cash income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | THE E W SCRIPPS CO CLASS A | SSP | 1.24% |
| 2 | SUNSTONE HOTEL INVESTORS INC | SHO | 1.20% |
| 3 | YELP INC CLASS A | YELP | 1.14% |
| 4 | ALKERMES PLC | ALKS | 1.11% |
| 5 | HALOZYME THERAPEUTICS INC | HALO | 1.08% |
| 6 | BADGER METER INC | BMI | 1.07% |
| 7 | CARGURUS INC CLASS A | CARG | 1.07% |
| 8 | OMNICELL INC | OMCL | 1.07% |
| 9 | RAMBUS INC | RMBS | 1.07% |
| 10 | INTERDIGITAL INC | IDCC | 1.06% |