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SPDR® Portfolio S&P 600 Small Cap ETF (SPSM)
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Upturn Advisory Summary
11/05/2025: SPSM (3-star) is a REGULAR-BUY. BUY since 123 days. Simulated Profits (10.57%). Updated daily EoD!
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 17.26% | Avg. Invested days 81 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/05/2025 |
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-capitalization U.S. equities, providing broad exposure to this market segment and uses a replication strategy to track the index.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long history in the ETF market.
Management Expertise
SSGA has extensive experience in managing index-tracking ETFs, including significant expertise in managing small-cap portfolios.
Investment Objective
Goal
The investment objective is to replicate, before fees and expenses, the total return performance of the S&P SmallCap 600 Index.
Investment Approach and Strategy
Strategy: The ETF employs a replication strategy, meaning it invests in all or substantially all of the securities included in the S&P SmallCap 600 Index in proportion to their weighting in the index.
Composition The ETF primarily holds stocks of small-capitalization companies located in the United States. The holdings are diversified across various sectors, generally mirroring the sector weights of the underlying index.
Market Position
Market Share: SPSM's market share is substantial within the small-cap ETF segment, competing with other established funds.
Total Net Assets (AUM): 7340000000
Competitors
Key Competitors
- IJR
- VIOO
- XSMO
Competitive Landscape
The small-cap ETF market is competitive, with several established players. SPSM benefits from SSGA's reputation and low expense ratio, making it a cost-effective option. However, other ETFs may offer slight variations in index tracking or sector weighting, attracting different investor preferences. SPSM's main competitive advantage lies in its low cost compared to similar funds from different issuers.
Financial Performance
Historical Performance: Historical performance data is not static and varies with market conditions. Investors should refer to official sources for updated performance information.
Benchmark Comparison: The ETF's performance is expected to closely track the S&P SmallCap 600 Index. Deviations may occur due to tracking error, which represents the difference between the ETF's return and the index's return.
Expense Ratio: 0.04
Liquidity
Average Trading Volume
The ETF exhibits good liquidity with a solid average daily trading volume which facilitates ease of entry and exit.
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 rates, and investor sentiment towards small-cap companies are key drivers. Sector-specific trends within the small-cap universe also influence performance.
Growth Trajectory
The ETF's growth is dependent on the overall performance of the small-cap market. No changes to strategy and holdings are expected as SPSM is designed to passively track the S&P SmallCap 600 Index.
Moat and Competitive Advantages
Competitive Edge
SPSM benefits from its low expense ratio, making it an attractive option for cost-conscious investors. The fund's affiliation with SSGA provides credibility and investor confidence. Its broad diversification across the S&P SmallCap 600 Index mitigates company-specific risk. The ETF is a simple, low-cost way to gain exposure to the U.S. small-cap market.
Risk Analysis
Volatility
Small-cap stocks are generally more volatile than large-cap stocks, and the ETF's volatility will reflect this characteristic.
Market Risk
The ETF is subject to market risk, including fluctuations in stock prices and overall economic conditions. Small-cap stocks may be more sensitive to economic downturns.
Investor Profile
Ideal Investor Profile
Investors seeking broad exposure to the U.S. small-cap market, who are cost-conscious and have a long-term investment horizon, are the ideal investors.
Market Risk
The ETF is best suited for long-term investors and passive index followers seeking a low-cost approach to small-cap exposure.
Summary
SPSM provides low-cost exposure to the S&P SmallCap 600 Index. It is suitable for investors seeking diversified small-cap exposure. The ETF's low expense ratio is a key advantage. However, investors should be aware of the inherent volatility of small-cap stocks. Given its passive indexing strategy and low expense ratio it makes a good core portfolio holding.
Similar ETFs
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA) Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and professional advice.
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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