SP Smallcap Etf Profile

GWX
 Etf
  

USD 31.72  0.33  1.05%   

Market Performance
3 of 100
Odds Of Distress
Over 60
SP Smallcap is trading at 31.72 as of the 14th of August 2022; that is 1.05 percent increase since the beginning of the trading day. The etf's open price was 31.39. SP Smallcap has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for SP Smallcap Intl are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of June 2022 and ending today, the 14th of August 2022. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. SP Smallcap is traded on NYSEArca Exchange in the United States. More on SP Smallcap Intl

Moving together with SP Smallcap

0.86JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
0.79HPQHP Inc Fiscal Year End 22nd of November 2022 PairCorr

SP Smallcap Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SP Smallcap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SP Smallcap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SP Smallcap Intl has high likelihood to experience some financial distress in the next 2 years
On 28th of June 2022 SP Smallcap paid $ 0.4152 per share dividend to its current shareholders
The fund retains 98.62% of its assets under management (AUM) in equities
ChairmanFrank Nesvet
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SP Smallcap's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerSSgA
Inception Date2007-04-20
BenchmarkS&P Developed Ex-U.S. Under USD2 Billion
Entity TypeRegulated Investment Company
Asset Under Management717.2 Million
Average Trading Valume94,167.8
Asset TypeEquity
CategorySize and Style
FocusSmall Cap
Market ConcentrationDeveloped Markets
RegionDeveloped Markets
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerMichael Feehily, Karl Schneider, Teddy Wong
Transfer AgentState Street Bank and Trust Company
Fiscal Year End28-Feb
ExchangeNYSE Arca, Inc.
Number of Constituents2,430
Market MakerSusquehanna
Total Expense0.4
Management Fee0.4
Nav Price30.65
Two Hundred Day Average34.2
Ytd-19.69%
Average Daily Volume In Three Month117.85k
Fifty Two Week Low27.76
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day87.47k
Fifty Two Week High40.61
One Month3.75%
Fifty Day Average30.07
Three Month-10.11%
Beta In Three Year1.15
SP Smallcap Intl [GWX] is traded in USA and was established 2007-04-20. The fund is classified under Foreign Small/Mid Blend category within SPDR State Street Global Advisors family. SP Smallcap Intl currently have 649.18 M in assets under management (AUM). , while the total return for the last 3 years was 2.63%.
Check SP Smallcap Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SP Smallcap Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SP Smallcap Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SP Smallcap Intl Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

SP Smallcap Intl Currency Exposure (%)

Top SP Smallcap Intl Constituents

SP Smallcap Target Price Odds Analysis

What are SP Smallcap's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SP Smallcap jumping above the current price in 90 days from now is about 12.49%. The SP Smallcap Intl probability density function shows the probability of SP Smallcap etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon SP Smallcap has a beta of 0.8902. This usually indicates SP Smallcap Intl market returns are sensitive to returns on the market. As the market goes up or down, SP Smallcap is expected to follow. Additionally, the company has an alpha of 0.0085, implying that it can generate a 0.008544 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 31.72HorizonTargetOdds Above 31.72
87.36%90 days
 31.72 
12.49%
Based on a normal probability distribution, the odds of SP Smallcap to move above the current price in 90 days from now is about 12.49 (This SP Smallcap Intl probability density function shows the probability of SP Smallcap Etf to fall within a particular range of prices over 90 days) .

SP Smallcap Top Holders

SP Smallcap Major Institutional Holders

Institutional Holdings refers to the ownership stake in SP Smallcap that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SP Smallcap's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SP Smallcap's value.
InstituionSecurity TypeTotal SharesValue
Baystate Wealth Management LlcFund Units953.2 K27.6 M
View SP Smallcap Diagnostics

SP Smallcap Intl Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SP Smallcap market risk premium is the additional return an investor will receive from holding SP Smallcap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SP Smallcap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SP Smallcap's alpha and beta are two of the key measurements used to evaluate SP Smallcap's performance over the market, the standard measures of volatility play an important role as well.

SP Smallcap Intl Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SP Smallcap Intl Square Root Of Price Series is a mathematical transformation function.
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SP Smallcap Against Markets

Picking the right benchmark for SP Smallcap etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SP Smallcap etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SP Smallcap is critical whether you are bullish or bearish towards SP Smallcap Intl at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SP Smallcap without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in SP Smallcap Intl?

You need to understand the risk of investing before taking a position in SP Smallcap. The danger of trading SP Smallcap Intl is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SP Smallcap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SP Smallcap. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SP Smallcap Intl is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. Note that the SP Smallcap Intl information on this page should be used as a complementary analysis to other SP Smallcap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running SP Smallcap Intl price analysis, check to measure SP Smallcap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SP Smallcap is operating at the current time. Most of SP Smallcap's value examination focuses on studying past and present price action to predict the probability of SP Smallcap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SP Smallcap's price. Additionally, you may evaluate how the addition of SP Smallcap to your portfolios can decrease your overall portfolio volatility.
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The market value of SP Smallcap Intl is measured differently than its book value, which is the value of SP Smallcap that is recorded on the company's balance sheet. Investors also form their own opinion of SP Smallcap's value that differs from its market value or its book value, called intrinsic value, which is SP Smallcap's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Smallcap's market value can be influenced by many factors that don't directly affect SP Smallcap's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Smallcap's value and its price as these two are different measures arrived at by different means. Investors typically determine SP Smallcap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Smallcap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.