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Upturn AI Summary
SPDR Russell Small Cap Completeness(SPMD)
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 SPMD
10/19/2026: SPMD (4-star) is currently NOT-A-BUY. Pass it for now.
SPMD provides comprehensive exposure to US small and mid-sized companies that fall outside the Russell 1000, effectively completing an investor's equity portfolio. It is distinguished by its low expense ratio, institutional issuer quality, and ability to capture growth in segments often overlooked by large-cap funds. It serves best as a long-term growth component in a diversified portfolio, though investors should be prepared for higher volatility compared to large-cap indices. Key factors to monitor include macroeconomic interest rate trends and shifts in small-cap market sentiment, making it a strong fit for investors with a moderate-to-high risk tolerance.
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 | Strong fit | The fund provides exposure to smaller, faster-growing companies that are not yet established in large-cap indices. |
| Momentum investor | Strong fit while signal remains positive | Small and mid-cap stocks often exhibit strong momentum during periods of economic expansion. |
| Value investor | Mixed fit | While it contains many value-oriented stocks, the index is broad and not specifically filtered for deep value characteristics. |
| Dividend/Income investor | Weak fit | Small and mid-cap companies typically prioritize reinvestment over dividend payments. |
| Low-risk investor | Weak fit | Small-cap and mid-cap equities carry higher inherent volatility than large-cap or broad-market alternatives. |
Investor Profile
Ideal Investor Profile
Investors seeking to complete their US equity allocation by adding exposure to firms excluded from the Russell 1000.
Suitability
Best for long-term investors looking to capture growth in the mid and small-cap segments of the US economy.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | Smaller companies generally exhibit greater price swings compared to large-cap stocks. |
| Market risk | Medium / high | General market downturns significantly impact the performance of small and mid-sized equities. |
| Concentration | Low | The fund holds a broad array of stocks, limiting the impact of any single company's failure. |
| Tracking/expense | Low | The low expense ratio and efficient index replication minimize the cost of tracking error. |
| Liquidity | Medium | While generally liquid, some smaller components of the index may face lower trading volumes during market stress. |
| Business/sector quality | Medium | The inclusion of smaller firms introduces companies with varying degrees of financial stability. |
Risk Analysis
Volatility
SPMD exhibits higher historical volatility than S&P 500-based indices due to its tilt toward smaller companies.
Market Risk
The primary risk is systemic exposure to the US small and mid-cap segments, which are more sensitive to economic slowdowns than large, diversified multinationals.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Mid-Cap Equities | 65 | Provides exposure to mid-sized companies that often offer a balance between growth potential and stability. |
| Market capitalization | US Small-Cap Equities | 30 | Captures the growth potential of smaller companies that are excluded from large-cap indices. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Maintained for liquidity and daily operational management of the fund. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 23.02% | Avg. Invested days 70 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/19/2026 |
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