ETF Evaluator: Rockefeller U.S. Small-Mid Cap ETF () Follow This ETF

Rockefeller U.S. Small-Mid Cap ETF Overview

Rockefeller U.S. Small-Mid Cap ETF (RSMC) is an actively managed U.S. Equity Small Growth exchange-traded fund (ETF). Rockefeller & Co. LLC launched the ETF in 2024.

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowing for investment purposes) in equity securities of U.S. small- and mid-capitalization companies. The manager considers small- and mid-capitalization companies to be those companies having a market capitalization range within the range of companies comprising the Russell 2500® Index. The fund is non-diversified.

About Rockefeller U.S. Small-Mid Cap ETF (RSMC)

There are 2 members of the management team with an average tenure of 1.81 years: Jason Kotik (2024) and Tim Skiendzielewski (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

Rockefeller U.S. Small-Mid Cap ETF has 48 securities in its portfolio. The top 10 holdings constitute 31.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Rockefeller U.S. Small-Mid Cap ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Rockefeller U.S. Small-Mid Cap ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.8% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Rockefeller U.S. Small-Mid Cap ETF has 2.2% of the portfolio in cash.

Assets Under Management

The fund has $762 million in total assets, which is below the $2 billion average for the Small Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

RSMC Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Rockefeller U.S. Small-Mid Cap ETF expense ratio is above average compared to funds in the Small Growth category. Rockefeller U.S. Small-Mid Cap ETF has an expense ratio of 0.75%, which is 74% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Rockefeller U.S. Small-Mid Cap ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 74% for the Small Growth category.

Recently, in the month of July 2026, Rockefeller U.S. Small-Mid Cap ETF returned -2.8%, which earned it a grade of A, as the Small Growth category had an average return of -5.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Rockefeller U.S. Small-Mid Cap ETF has a trailing yield of 0.00%, which is below the 0.44% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Rockefeller U.S. Small-Mid Cap ETF Grades

Year to date, the ETF has returned 11.3%, 5.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 9.6% over the past year (grade of F).

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