BetaShares - Australian Small Companies Select ETF (SMLL.AX)

The BetaShares SMLL ETF is designed to mirror the performance of the Nasdaq Australia Small Cap Select Index, before accounting for fees and expenses. This fund offers exposure to a curated portfolio of financially sound and profitable smaller Australian companies listed on the ASX. SMLL specifically targets ASX-listed firms that fall within the 91st to 350th largest by free-float market capitalisation. The ETF's portfolio typically holds between 50 and 100 individual securities. The index methodology screens for companies demonstrating consistent positive earnings and a robust ability to manage their debt obligations. Further selection criteria include an assessment of relative valuation metrics, share price momentum, and market liquidity.