Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial - Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
SPDR Russell Small Cap Completeness (SPMD)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- 1Y
- 1M
- 1W
Upturn Advisory Summary
12/01/2025: SPMD (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 18.63% | Avg. Invested days 79 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 12/01/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.14 | 52 Weeks Range 43.82 - 59.27 | Updated Date 06/29/2025 |
52 Weeks Range 43.82 - 59.27 | Updated Date 06/29/2025 |
Upturn AI SWOT
SPDR Russell Small Cap Completeness
ETF Overview
Overview
The SPDR Russell Small Cap Completeness ETF (SCZ) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 2000 ex-Microcap Index. It focuses on small-cap U.S. equities, excluding micro-cap stocks.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable ETF provider with a long track record in the market.
Management Expertise
SSGA has extensive experience in managing index-tracking ETFs and employs a team of professionals with expertise in portfolio management and index replication.
Investment Objective
Goal
To provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 2000 ex-Microcap Index.
Investment Approach and Strategy
Strategy: SCZ aims to track the performance of the Russell 2000 ex-Microcap Index, which represents small-cap stocks in the U.S. market, excluding micro-cap companies.
Composition The ETF primarily holds stocks of small-cap companies in various sectors, reflecting the composition of the Russell 2000 ex-Microcap Index.
Market Position
Market Share: SCZ holds a noticeable market share within the broader small-cap ETF segment, but it's not the largest.
Total Net Assets (AUM): 5188000000
Competitors
Key Competitors
- IWM
- VTI
- VXF
Competitive Landscape
The small-cap ETF market is competitive, with several ETFs offering similar exposure. SCZ's advantage lies in its exclusion of micro-cap stocks, which may appeal to investors seeking slightly larger, more liquid small-cap companies. However, ETFs like IWM have greater liquidity and AUM. SCZ allows for targeted small cap exposure to stocks that are not microcap which is its strength.
Financial Performance
Historical Performance: Historical performance data needs to be retrieved from financial data providers.
Benchmark Comparison: The ETF's performance should be compared to the Russell 2000 ex-Microcap Index to assess tracking accuracy.
Expense Ratio: 0.04
Liquidity
Average Trading Volume
SCZ exhibits moderate liquidity, facilitating relatively easy buying and selling of shares.
Bid-Ask Spread
The bid-ask spread is generally tight, indicating efficient trading and lower transaction costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, and investor sentiment towards small-cap stocks influence SCZ's performance.
Growth Trajectory
The ETF's growth is tied to the performance of small-cap companies and investor demand for this asset class; changes to the underlying index or investment strategy could impact future performance.
Moat and Competitive Advantages
Competitive Edge
SCZ differentiates itself by focusing exclusively on small-cap companies while excluding micro-caps, appealing to investors seeking a specific segment. SSGA's established reputation and expertise in managing index-tracking ETFs provide a competitive advantage. The low expense ratio also makes it attractive. This precise targeting could lead to better diversification within the small-cap universe as micro-caps are excluded. Investors seeking a less volatile small-cap exposure may find this advantageous.
Risk Analysis
Volatility
Small-cap stocks are generally more volatile than large-cap stocks, so SCZ experiences higher volatility.
Market Risk
SCZ is subject to market risk, as the value of its holdings can fluctuate due to overall market conditions and economic factors affecting small-cap companies.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the U.S. small-cap market, excluding micro-cap stocks, may find SCZ suitable. It can be used for diversification and capturing the growth potential of smaller companies.
Market Risk
SCZ is suitable for long-term investors seeking diversified small-cap exposure and those willing to accept higher volatility for potentially higher returns.
Summary
The SPDR Russell Small Cap Completeness ETF (SCZ) provides targeted exposure to U.S. small-cap equities, excluding micro-cap companies, at a low cost. It's managed by a reputable issuer and tracks a well-defined index. Its exclusion of micro-caps makes it appealing to some investors. However, SCZ is still susceptible to higher volatility relative to broader market ETFs. It's suitable for long-term investors looking to diversify with small-cap stocks but should be carefully evaluated based on individual risk tolerance.
Similar ETFs
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA)
- FactSet
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR Russell Small Cap Completeness
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the mid-capitalization segment of the U.S. equity market.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.