Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
SPDR® Portfolio S&P 600 Small Cap ETF(SPSM)
Top performer 
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 SPSM
11/12/2026: SPSM (5-star) is currently NOT-A-BUY. Pass it for now.
SPSM provides low-cost, broad-market exposure to 600 small-capitalization US companies, effectively tracking the S&P SmallCap 600 Index. Its primary strengths lie in its extremely low expense ratio, high institutional liquidity, and issuer reliability, making it a staple for diversified core portfolios. It is best utilized as a long-term holding to capture the potential growth premium of smaller firms, though it carries higher volatility and sensitivity to economic cycles than large-cap alternatives. Investors should monitor macroeconomic indicators such as interest rates and domestic GDP growth, which significantly influence small-cap performance. This fund is most suitable for long-term investors with a higher risk tolerance and an interest in passive index-based strategies.
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 | Small-cap stocks are often sought for their potential for higher capital appreciation compared to large-cap stocks. |
| Momentum investor | Strong fit while signal remains positive | Small-cap indices can exhibit strong trend-following characteristics during favorable economic expansions. |
| Value investor | Strong fit | Small-cap valuations often offer lower price-to-earnings multiples relative to large-cap growth stocks. |
| Dividend/Income investor | Mixed fit | While many small-cap companies pay dividends, the primary goal of this fund is capital growth rather than high current income. |
| Low-risk investor | Weak fit | Small-cap stocks are inherently more volatile and riskier than large-cap, established equities. |
Investor Profile
Ideal Investor Profile
The ideal investor is a long-term growth-oriented individual or institution seeking to add small-cap exposure to a diversified portfolio.
Suitability
SPSM is best suited for long-term investors using a passive index-based approach to capture long-term equity market growth.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Small-cap stocks historically experience greater price swings than the broader market. |
| Market risk | Medium / high | The fund is fully exposed to systemic economic risks that affect the entire equity market. |
| Concentration | Low | The fund is highly diversified across 600 holdings, minimizing the impact of any single stock failure. |
| Tracking/expense | Low | The fund has a very low expense ratio and maintains high correlation with its index. |
| Liquidity | Low | High trading volume makes it easy to transact without significant price impact. |
| Business/sector quality | Medium | Small companies may have less robust balance sheets than large-cap corporations, making them more sensitive to economic downturns. |
Sector & Industry Intelligence
This fund is not assigned to one sector.
Risk Analysis
Volatility
SPSM exhibits higher beta and standard deviation compared to large-cap indices, reflecting typical small-cap risk profiles.
Market Risk
The fund is subject to systematic equity risk; changes in the macroeconomic environment directly impact the valuation of the 600 underlying holdings.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Market capitalization | US Small-Cap Equities (S&P SmallCap 600) | 99.8 | This provides broad, diversified exposure to smaller US companies, which are often considered drivers of domestic economic growth. |
| Cash/collateral | Cash and Cash Equivalents | 0.2 | A minimal cash balance is held to facilitate day-to-day liquidity and portfolio rebalancing activities. |
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 32.82% | Avg. Invested days 86 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 11/12/2026 |
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.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.