Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX)

Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) is a fund from Intech Investment Management that invests in U.S. small- and mid-capitalization stocks drawn from the S&P small-cap and mid-cap universe.

Intech applies its quantitative, mathematically driven approach that seeks to capture returns from stock price volatility and diversification by adjusting position weights relative to the benchmark, rather than relying on fundamental forecasts of individual companies. The aim is to outperform a market-cap-weighted small-mid cap benchmark while maintaining broad diversification.