abrdn Focused U.S. Small Cap Active ETF Q1 2025 Commentary

(8min)

Summary

  • The Fund fell (gross of fees) but outperformed the Russell 2000 Index.
  • US small caps ended the quarter notably down and generated a lower return than the broader US equities asset class, which also fell.
  • We initiated Mueller Water Products, a leading supplier of fire hydrants, valves and other products used to deliver clean drinking water.

Small Cap write on sticky notes isolated on Office Desk. Stock market concept

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Fund performance

The Fund fell (gross of fees) but outperformed the Russell 2000 Index.

Cumulative and annualized total return as of March 31, 2025 (%)

Fund (NAV)

Benchmark

10 Years (p.a.)

8.97

6.48

5

This article was written by

Aberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for clients. To achieve this, we offer a comprehensive range of investment capabilities, as well as the highest levels of service. Overall, we manage $669.1 billion* on behalf of clients in 80 countries. In managing these assets, we employ over 1,000 investment professionals and provide client support from over 40 client relationship offices globally. The Aberdeen Standard Investments brand was created in connection with the merger of Aberdeen Asset Management PLC and Standard Life Plc on 14 August 2017 to form Standard Life Aberdeen plc.Follow us on our Thinking Aloud blog: https://www.aberdeenstandard.com/en-us/us/investor/insights-thinking-aloud*June 30, 2019

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