Key stats
About SPDR Portfolio S&P 600 Small Cap ETF
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Inception date
Jul 8, 2013
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
SPSM is a part of the low-cost SPDR Portfolio ETF lineup, a collection of core-exposure funds that track S&P indexes. The fund specifically tracks the S&P SmallCap 600 Index. The S&P's index committee chooses at least 600 securities to represent the US small-cap space, not necessarily the 600 smallest by market cap, which can lead to some omissions of single names. The Committee also considers sector balance by comparing the weight of each GICS sector in the index to its weight in the relevant market cap range of the S&P Total Market Index. SPSM securities are added and removed on an as-needed basis and are rebalanced quarterly. The fund may also invest in futures contracts. Before November 16, 2017, the fund tracked the Russell 2000 Index and traded under the ticker TWOK. Prior to January 24, 2020, the fund tracked the SSGA Small Cap Index. On June 9, 2023, the ETF acquired the assets and liabilities of the SPDR S&P 600 Small Cap ETF (ticker: SLY), which had $1.7 billion in assets.
Related funds
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SPSM trades at 42.32 USD today, its price has risen 0.84% in the past 24 hours. Track more dynamics on SPSM price chart.
SPSM net asset value is 41.89 today — it's risen 3.15% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SPSM assets under management is 10.99 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SPSM price has risen by 4.46% over the last month, and its yearly performance shows a 3.04% increase. See more dynamics on SPSM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.15% over the last month, showed a 0.47% increase in three-month performance and has increased by 4.08% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.15% over the last month, showed a 0.47% increase in three-month performance and has increased by 4.08% in a year.
SPSM fund flows account for 859.07 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SPSM invests in stocks. See more details in our Analysis section.
SPSM expense ratio is 0.03%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SPSM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SPSM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPSM shows the buy signal. See more of SPSM technicals for a more comprehensive analysis.
Today, SPSM technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SPSM shows the buy signal. See more of SPSM technicals for a more comprehensive analysis.
Yes, SPSM pays dividends to its holders with the dividend yield of 1.95%.
SPSM trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SPSM shares are issued by State Street Corp.
SPSM follows the S&P Small Cap 600. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 8, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.