Launched on 05/22/2000, the iShares Core S&P SmallCap ETF (IJR) is a passively managed exchange traded fund designed to provide a broad exposure to the Small Cap Blend segment of the US equity market.The fund is sponsored by Blackrock. It has amassed assets over $69.55 billion, making it the largest ETFs attempting to match the Small Cap Blend segment of the US equity market.Why Small Cap BlendWith more potential comes more risk, and small cap companies, with market capitalization below $2 billion, epitomizes this way of thinking.Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities.CostsInvestors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.Annual operating expenses for this ETF are 0.06%, making it one of the least expensive products in the space.It has a 12-month trailing dividend yield of 1.63%.Sector Exposure and Top HoldingsEven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.This ETF has heaviest allocation to the Industrials sector--about 16.80% of the portfolio. Information Technology and Consumer Discretionary round out the top three.Looking at individual holdings, Blk Csh Fnd Treasury Sl Agency (XTSLA) accounts for about 1.37% of total assets, followed by Agree Realty Reit Corp (ADC) and Exlservice Holdings Inc (EXLS).Performance and RiskIJR seeks to match the performance of the S&P SmallCap 600 Index before fees and expenses. The S&P SmallCap 600 Index measures the performance of the small capitalization sector of the U.S. equity market.The ETF has lost about -11.23% so far this year and is down about -6.17% in the last one year (as of 12/01/2022). In the past 52-week period, it has traded between $87.04 and $116.69.The ETF has a beta of 1.14 and standard deviation of 31.10% for the trailing three-year period, making it a medium risk choice in the space. With about 684 holdings, it effectively diversifies company-specific risk.AlternativesIShares Core S&P SmallCap ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IJR is an outstanding option for investors seeking exposure to the Style Box - Small Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well.The Vanguard SmallCap ETF (VB) and the iShares Russell 2000 ETF (IWM) track a similar index. While Vanguard SmallCap ETF has $43.30 billion in assets, iShares Russell 2000 ETF has $56.56 billion. VB has an expense ratio of 0.05% and IWM charges 0.19%.Bottom-LinePassively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Core S&P SmallCap ETF (IJR): ETF Research Reports ExlService Holdings, Inc. (EXLS): Free Stock Analysis Report Agree Realty Corporation (ADC): Free Stock Analysis Report iShares Russell 2000 ETF (IWM): ETF Research Reports Vanguard SmallCap ETF (VB): ETF Research ReportsTo read this article on Zacks.com click here.Zacks Investment Research