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- Upturn Summary
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Upturn AI Summary
SPDR® SSGA US Small Cap Low Volatility Index ETF(SMLV)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SMLV
10/28/2026: SMLV (2-star) is currently NOT-A-BUY. Pass it for now.
SMLV provides targeted exposure to U.S. small-cap companies selected for their lower historical price volatility, offering a defensive strategy within a typically aggressive asset class. Its main strengths include a low expense ratio and the disciplined, rules-based methodology provided by State Street. It serves as a portfolio stabilizer for investors seeking small-cap growth potential while mitigating extreme price swings. Key risks involve market sensitivity inherent to small-cap stocks and potential underperformance during sharp rallies. This ETF is best suited for risk-conscious long-term investors monitoring small-cap sentiment and interest rate trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund prioritizes risk mitigation over capital appreciation, which may underperform during strong growth rallies. |
| Momentum investor | Mixed fit | Momentum investors may find better opportunities elsewhere, as low-volatility stocks often lack the sharp upward price momentum sought by this style. |
| Value investor | Strong fit | Value-oriented investors often appreciate the defensive nature and lower beta of the stocks held in this portfolio. |
| Dividend/Income investor | Mixed fit | While not a dedicated dividend fund, the underlying stable small-cap companies may provide modest income potential. |
| Low-risk investor | Strong fit | This ETF is designed specifically for investors seeking exposure to small caps while attempting to dampen the inherent volatility of the sector. |
Investor Profile
Ideal Investor Profile
An investor seeking small-cap market exposure with a preference for risk management and dampened volatility.
Suitability
Best for long-term passive investors who want small-cap exposure but are uncomfortable with the full risk profile of standard small-cap indices.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | While designed to reduce volatility, small-cap stocks are inherently more volatile than large-cap benchmarks. |
| Market risk | High | The fund is subject to systematic market risks that affect the broader small-cap equity asset class. |
| Concentration | Medium | The focus on low-volatility factors may lead to sector concentrations that differ from standard market-cap-weighted indices. |
| Tracking/expense | Low | The expense ratio is very competitive and tracking error remains minimal due to the systematic index approach. |
| Liquidity | Medium | Smaller-cap stocks can face liquidity challenges during periods of extreme market stress. |
| Business/sector quality | Medium | The quality of the companies depends on the index selection criteria, which may occasionally include lower-quality, slower-growth firms. |
Risk Analysis
Volatility
SMLV generally exhibits lower beta than the broader Russell 2000, aligning with its low-volatility mandate.
Market Risk
The primary risk is a broad-based decline in the small-cap equity market, which the low-volatility screen may mitigate but cannot eliminate.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | U.S. Small-Cap Equities | 98.5 | The fund invests in smaller U.S. companies that have historically displayed lower price fluctuations. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | A small portion of the portfolio is held in cash to manage liquidity and daily rebalancing needs. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 17.96% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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