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SPMD
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SPDR Russell Small Cap Completeness (SPMD)

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$57.11
Last Close (24-hour delay)
Profit since last BUY7.13%
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Consider higher Upturn Star rating
BUY since 77 days
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/29/2025: SPMD (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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 14.03%
Avg. Invested days 57
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

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

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SPDR Russell Small Cap Completeness

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ETF Overview

overview logo Overview

The SPDR Russell Small Cap Completeness ETF (RSLS) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 2000 Completion Index. It primarily focuses on small-cap stocks not included in the Russell 1000 Index, providing broad exposure to the small-cap market. The fund employs a full replication strategy, holding all or substantially all of the securities in its underlying index.

reliability logo Reputation and Reliability

State Street Global Advisors (SSGA) is a reputable and well-established ETF provider with a long track record in the market.

reliability logo Management Expertise

SSGA has a team of experienced professionals managing their ETFs, leveraging their market knowledge and investment expertise.

Investment Objective

overview logo Goal

To provide investment results that, before fees and expenses, correspond generally to the total return performance of the Russell 2000 Completion Index.

Investment Approach and Strategy

Strategy: Tracks the Russell 2000 Completion Index, which represents the small-cap market segment outside of the Russell 1000.

Composition The ETF holds stocks of small-cap companies primarily based in the United States.

Market Position

Market Share: RSLS holds a relatively small market share within the broader small-cap ETF category.

Total Net Assets (AUM): 128400000

Competitors

overview logo Key Competitors

  • Vanguard Russell 2000 ETF (VTWO)
  • iShares Core S&P Small-Cap ETF (IJR)
  • Schwab Fundamental U.S. Small Company Index ETF (FNDA)

Competitive Landscape

The small-cap ETF market is competitive, with several large players dominating the space. RSLS distinguishes itself by focusing on the Russell 2000 Completion Index. A disadvantage is its lower AUM compared to larger competitors such as VTWO and IJR.

Financial Performance

Historical Performance: Historical performance data should be obtained from official sources like the fund's website or financial data providers.

Benchmark Comparison: Compare RSLS's performance to the Russell 2000 Completion Index to assess its tracking effectiveness.

Expense Ratio: 0.12

Liquidity

Average Trading Volume

RSLS has a moderate average trading volume, indicating reasonable liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is typically relatively narrow, suggesting efficient trading conditions.

Market Dynamics

Market Environment Factors

Economic indicators, small-cap sector growth prospects, and overall market sentiment significantly influence RSLS's performance.

Growth Trajectory

Growth depends on the overall health of the small-cap market and investor demand for complete small-cap coverage. The fund maintains its stated strategy of tracking the Russell 2000 Completion Index.

Moat and Competitive Advantages

Competitive Edge

RSLS provides a comprehensive small-cap market exposure by focusing exclusively on companies excluded from the Russell 1000 index, offering investors complete coverage. This niche focus differentiates it from broader small-cap ETFs, making it attractive to investors seeking a comprehensive small-cap strategy. The fund's low expense ratio compared to similar ETFs also provides a competitive edge. Its focus offers a very specific investment approach.

Risk Analysis

Volatility

RSLS's volatility is generally consistent with small-cap stocks, which are typically more volatile than large-cap stocks.

Market Risk

The ETF is subject to the market risks associated with small-cap companies, including economic downturns and sector-specific challenges.

Investor Profile

Ideal Investor Profile

The ideal investor is one seeking complete exposure to the US small-cap market, beyond what is typically included in the Russell 2000.

Market Risk

RSLS is suitable for long-term investors who want to diversify their portfolios with a broad range of small-cap stocks, but it is not suitable for risk-averse investors due to the volatility associated with small-cap investments.

Summary

SPDR Russell Small Cap Completeness ETF (RSLS) offers a comprehensive and differentiated exposure to the US small-cap market by focusing on companies outside the Russell 1000. Its strategy of tracking the Russell 2000 Completion Index sets it apart from other broader small-cap ETFs. The fund's expense ratio is reasonable, and its liquidity is moderate. Investors should be aware of the volatility associated with small-cap stocks before investing. Overall, RSLS serves as a useful tool for investors seeking specialized and comprehensive small-cap exposure.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • State Street Global Advisors
  • ETF.com
  • Morningstar

Disclaimers:

Investment involves risk. Past performance is not indicative of future results. Consult with a financial advisor before making any investment decisions. Data is based on information available as of the current date and is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.