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Upturn AI SWOT - About
SPDR® Portfolio S&P 600 Small Cap ETF (SPSM)
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Upturn Advisory Summary
07/09/2025: SPSM (2-star) has a low Upturn Star Rating. Not recommended to BUY.
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 11.22% | Avg. Invested days 64 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/09/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.18 | 52 Weeks Range 34.64 - 49.32 | Updated Date 06/29/2025 |
52 Weeks Range 34.64 - 49.32 | Updated Date 06/29/2025 |
Upturn AI SWOT
SPDR® Portfolio S&P 600 Small Cap ETF
ETF Overview
Overview
The SPDRu00ae Portfolio S&P 600 Small Cap ETF (SPSM) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P SmallCap 600 Index. It focuses on small-cap US equities and aims for broad diversification within that segment.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record in the ETF market.
Management Expertise
SSGA has extensive experience in managing index-tracking ETFs and possesses the resources to effectively manage the SPSM fund.
Investment Objective
Goal
To closely track the total return performance of the S&P SmallCap 600 Index.
Investment Approach and Strategy
Strategy: The ETF employs a replication strategy, aiming to hold all the stocks in the S&P SmallCap 600 Index in proportion to their weightings in the index.
Composition The ETF primarily holds stocks, specifically those included in the S&P SmallCap 600 Index.
Market Position
Market Share: SPSM holds a significant market share within the small-cap ETF category, indicating strong investor adoption.
Total Net Assets (AUM): 5470000000
Competitors
Key Competitors
- IJR
- VIOO
- SLY
- XSLV
Competitive Landscape
The small-cap ETF market is competitive, with several large players offering similar index-tracking products. SPSM benefits from SSGA's brand recognition and low expense ratio. However, IJR is the largest and most liquid ETF in this category. SPSM offers a similar investment strategy but might have slightly lower liquidity than some of its larger competitors.
Financial Performance
Historical Performance: Historical performance data can be obtained from financial data providers. Performance will closely mirror that of the S&P SmallCap 600 index.
Benchmark Comparison: SPSM's performance should closely track the S&P SmallCap 600 Index. Deviations may occur due to tracking error, which is usually minimal.
Expense Ratio: 0.04
Liquidity
Average Trading Volume
SPSM demonstrates reasonable liquidity with a solid average trading volume, facilitating efficient trading for investors.
Bid-Ask Spread
The bid-ask spread for SPSM is typically tight, indicating relatively low trading costs.
Market Dynamics
Market Environment Factors
Economic growth, interest rate movements, and investor sentiment towards small-cap stocks can significantly impact SPSM's performance. Sector-specific trends within the S&P SmallCap 600 also play a role.
Growth Trajectory
The growth trajectory of SPSM depends on the overall performance of the small-cap market and investor demand for low-cost, index-tracking ETFs. There have been no recent strategic changes.
Moat and Competitive Advantages
Competitive Edge
SPSM's competitive edge stems from its exceptionally low expense ratio, offered by SSGA, providing a cost-effective way to gain exposure to the S&P SmallCap 600 index. Its strong brand recognition helps attract investors, and the fund's tracking error is low, meaning its performance closely mirrors the index. This cost-effectiveness, when combined with accurate index tracking, makes SPSM a compelling option for investors seeking passive small-cap exposure. The ETF benefits from SSGA's efficient management and established ETF infrastructure.
Risk Analysis
Volatility
As a small-cap ETF, SPSM can exhibit higher volatility than large-cap ETFs due to the greater price fluctuations of smaller companies.
Market Risk
SPSM is subject to market risk, as the value of its holdings can decline during market downturns. Specific sector risks within the S&P SmallCap 600 can also impact performance.
Investor Profile
Ideal Investor Profile
The ideal investor for SPSM is someone seeking broad exposure to the US small-cap market and is comfortable with the higher volatility associated with smaller companies. Investors should have a long-term investment horizon.
Market Risk
SPSM is suitable for long-term investors seeking passive exposure to the small-cap market. It can be a core holding in a diversified portfolio.
Summary
The SPDRu00ae Portfolio S&P 600 Small Cap ETF (SPSM) offers low-cost, passive exposure to the S&P SmallCap 600 Index, providing a diversified investment in US small-cap equities. It is managed by a reputable issuer, State Street Global Advisors, and features a very low expense ratio. Investors should be aware of the higher volatility typically associated with small-cap stocks. Overall, SPSM provides a compelling option for investors seeking a core allocation to the small-cap market as part of a well-diversified portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors website
- FactSet
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results. 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® Portfolio S&P 600 Small Cap ETF
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 measures the performance of the small-capitalization segment of the U.S. equity market.
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