SPDR Small Etf Profile


USD 36.32  0.34  0.94%   

Market Performance
0 of 100
Odds Of Distress
Less than 34
SPDR Small is selling for 36.32 as of the 5th of July 2022. This is a 0.94 percent up since the beginning of the trading day. The etf's lowest day price was 35.55. SPDR Small has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for SPDR Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2022 and ending today, the 5th of July 2022. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Small is traded on NYSEArca Exchange in the United States. More on SPDR Small Cap

Moving together with SPDR Small

0.7PGProcter Gamble Fiscal Year End 29th of July 2022 PairCorr
0.92JPMJP Morgan Chase Financial Report 12th of July 2022 PairCorr
0.92DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr

SPDR Small 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. SPDR Small's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Small or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPDR Small Cap generated a negative expected return over the last 90 days
The fund maintains 99.78% of its assets in stocks
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 SPDR Small's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
DescriptionSPDR Portfolio S&P 600 Small Cap ETF
Inception Date2013-07-08
BenchmarkS&P SmallCap 600 Index
Entity TypeRegulated Investment Company
Asset Under Management4.01 Billion
Average Trading Valume707,305.2
Asset TypeEquity
CategorySize and Style
FocusSmall Cap
Market ConcentrationDeveloped Markets
RegionNorth America
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 End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents611
Market MakerSusquehanna
Total Expense0.05
Management Fee0.05
Nav Price38.04
Two Hundred Day Average41.87
Average Daily Volume In Three Month751.07k
Fifty Two Week Low34.64
As Of Date11th of May 2022
Average Daily Volume Last 10 Day797.25k
Fifty Two Week High47.34
One Month-9.22%
Fifty Day Average38.23
Three Month-11.51%
SPDR Small Cap [SPSM] is traded in USA and was established 2013-07-08. The fund is listed under Small Blend category and is part of SPDR State Street Global Advisors family. SPDR Small Cap at this time have 4.27 B in assets. , while the total return for the last 3 years was 7.57%.
Check SPDR Small 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 SPDR Small Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Small 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 SPDR Small Cap 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.

SPDR Small Cap Currency Exposure (%)

Top SPDR Small Cap Constituents

SPDR Small Target Price Odds Analysis

What are SPDR Small's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SPDR Small jumping above the current price in 90 days from now is about 88.34%. The SPDR Small Cap probability density function shows the probability of SPDR Small etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1393. This usually implies SPDR Small Cap market returns are highly reactive to returns on the market. As the market goes up or down, SPDR Small is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPDR Small Cap is significantly underperforming DOW.
  Odds Below 36.32HorizonTargetOdds Above 36.32
11.55%90 days
Based on a normal probability distribution, the odds of SPDR Small to move above the current price in 90 days from now is about 88.34 (This SPDR Small Cap probability density function shows the probability of SPDR Small Etf to fall within a particular range of prices over 90 days) .

SPDR Small Top Holders

SPDR Small Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Small market risk premium is the additional return an investor will receive from holding SPDR Small 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 SPDR Small. 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 SPDR Small's alpha and beta are two of the key measurements used to evaluate SPDR Small's performance over the market, the standard measures of volatility play an important role as well.

SPDR Small Cap Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Small Cap Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SPDR Small price patterns.

SPDR Small Against Markets

Picking the right benchmark for SPDR Small 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 SPDR Small 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 SPDR Small is critical whether you are bullish or bearish towards SPDR Small Cap at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Small 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.

Did you try this?

Run Portfolio Anywhere Now


Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Investing SPDR Small Cap

You need to understand the risk of investing before taking a position in SPDR Small. The danger of trading SPDR Small Cap 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 SPDR Small 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 SPDR Small. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Small Cap 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.
Additionally, take a look at World Market Map. Note that the SPDR Small Cap information on this page should be used as a complementary analysis to other SPDR Small'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for SPDR Small Etf analysis

When running SPDR Small Cap price analysis, check to measure SPDR Small'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 SPDR Small is operating at the current time. Most of SPDR Small's value examination focuses on studying past and present price action to predict the probability of SPDR Small's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Small's price. Additionally, you may evaluate how the addition of SPDR Small to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
The market value of SPDR Small Cap is measured differently than its book value, which is the value of SPDR Small that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Small's value that differs from its market value or its book value, called intrinsic value, which is SPDR Small'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 SPDR Small's market value can be influenced by many factors that don't directly affect SPDR Small'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 SPDR Small's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Small value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Small'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.