Looking for broad exposure to the Small Cap Value segment of the US equity market? You should consider the WisdomTree U.S. SmallCap Dividend ETF (DES), a passively managed exchange traded fund launched on 06/16/2006.The fund is sponsored by Wisdomtree. It has amassed assets over $1.94 billion, making it one of the larger ETFs attempting to match the Small Cap Value segment of the US equity market.Why Small Cap ValueWith more potential comes more risk, and small cap companies, with market capitalization below $2 billion, epitomizes this way of thinking.Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. While value stocks have outperformed growth stocks in nearly all markets when you consider long-term performance, growth stocks are more likely to outpace value stocks in strong bull markets.CostsExpense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.Annual operating expenses for this ETF are 0.38%, putting it on par with most peer products in the space.It has a 12-month trailing dividend yield of 2.29%.Sector Exposure and Top HoldingsWhile ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.This ETF has heaviest allocation to the Financials sector--about 27.40% of the portfolio. Industrials and Consumer Discretionary round out the top three.Looking at individual holdings, Vector Group Ltd (VGR) accounts for about 1.66% of total assets, followed by B&g Foods Inc (BGS) and Compass Minerals International (CMP).The top 10 holdings account for about 12.06% of total assets under management.Performance and RiskDES seeks to match the performance of the WisdomTree U.S. SmallCap Dividend Index before fees and expenses. The WisdomTree U.S. SmallCap Dividend Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the US dividend-paying market.The ETF has added about 0.48% so far this year and is up about 21.23% in the last one year (as of 01/14/2022). In the past 52-week period, it has traded between $27.09 and $33.79.The ETF has a beta of 1.17 and standard deviation of 29.29% for the trailing three-year period, making it a medium risk choice in the space. With about 569 holdings, it effectively diversifies company-specific risk.AlternativesWisdomTree U.S. SmallCap Dividend 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, DES is an outstanding option for investors seeking exposure to the Style Box - Small Cap Value segment of the market. There are other additional ETFs in the space that investors could consider as well.The iShares Russell 2000 Value ETF (IWN) and the Vanguard SmallCap Value ETF (VBR) track a similar index. While iShares Russell 2000 Value ETF has $15.91 billion in assets, Vanguard SmallCap Value ETF has $26.89 billion. IWN has an expense ratio of 0.24% and VBR charges 0.07%.Bottom-LineWhile an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.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. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>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 WisdomTree U.S. SmallCap Dividend ETF (DES): ETF Research Reports B&G Foods, Inc. (BGS): Free Stock Analysis Report Compass Minerals International, Inc. (CMP): Free Stock Analysis Report Vector Group Ltd. (VGR): Free Stock Analysis Report Vanguard SmallCap Value ETF (VBR): ETF Research Reports iShares Russell 2000 Value ETF (IWN): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research