I don't think the OP has defined what they mean by a low resistance. What works well for hundreds of milliohms can work very poorly for the one milliohm or less resistors people widely use as things like shunt sensors. At a milliohm or less EVERYTHING is significant part of the impedance. I've never successfully measured an SMD resistor that small without is being soldered to a PCB that is tracked to make a 4 wire connection, following the guidelines in https://www.analog.com/en/analog-dialogue/articles/optimize-high-current-sensing-accuracy.html . We did our own research, and came to the same conclusions as those guys at Analog Devices, but they published their note just before we published ours, making our pointless. We had covered exactly the same ground, probably for similar reasons, and got exactly the same results.
That's an excellent article, must read for anyone trying to achieve high accuracy low Z SMD measurements/uses.
Thanks for posting!!
BTW the crude SMD fixture mentioned earlier isn't too bad wrt to low value SMD resistor measurements. We have a few somewhat precision 2512 SMD resistors used to check things, of course these are 2512 and not 0402 the OP referenced. This is just used for sanity checks, and the fixture still needs additional effort as it's not totally foolproof!!
Anyway, here's a few measurements just for reference, and related to earlier measurement from over a month ago, mainly to show some repeatability and consistency between various instruments and repeat measurements.
All in milliohms:
Resistance TH2830(10/31/23) TH2830 (9/27/23) IM3536 (9/28/23) DMM6500 (9/28/23)
5 4.999
10 10.001 9.949 10.04 10.0262
15 14.919 14.97 14.868
20 20.003 20.06 20.016
40 39.965 39.848 39.90 39.916
50 50.107 49.993 50.03 50.065
Best,