The Small Cap Growth style ranks last out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. Last quarter, the Small Cap Growth style ranked last as well. The category receives our Very Unattractive rating, which is based on aggregate ratings of 20 ETFs and 447 mutual funds in the Small Cap Growth style as of January 26, 2026. See a recap of our 4Q25 Style Ratings here.

Figure 1 ranks from best to worst the Small Cap Growth ETFs that meet our liquidity standards and Figure 2 shows the best and worst rated Small Cap Growth mutual funds. Not all Small Cap Growth style ETFs and mutual funds are created equal. The number of holdings varies widely (from 27 to 1,565). This variation creates drastically different investment implications and, therefore, ratings.

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