Rockefeller U.S. Small-Mid Cap ETF

RSMC

Market cap $785M

RSMC is a newly launched actively managed small/mid-cap fund comprised of 45 U.S. securities selected for their growth potential, provided they are priced reasonably. My analysis confirms RSMC delivers on growth, as its current holdings increased earnings per share by 12.90% over the last three years, compared to 4.82% for the Russell 2500 Index. However, RSMC's value features are relatively poor compared to three other small/mid-cap factor funds I selected as comparators. Overall, I don't think its factor mix is anything special.

Little-known China AI startup DeepSeek sent fear rippling throughout the markets this week by announcing major strides in its large language model technology at just a fraction of the cost of what many experts thought possible. That sparked a mini-collapse among big-cap tech stocks like Microsoft, Google, and Nvidia, which tumbled 20% at its low.

On Friday, Rockefeller Asset Management released its first equity ETF, the SMIDcap Rockefeller U.S. Small-Mid Cap ETF (RSMC).  RSMC is an actively managed fund with a net expense ratio of 0.75%.