SLY

SPDR S&P 600 Small Cap ETF
A

80
*Unless otherwise stated, data provided by FactSet.

SLY Fund Description

SLY tracks a market-cap-weighted index of US stocks that the S&P committee ranks 901-1,500 by market cap.

SLY Factset Analytics Insight

SLY is in a fiercely competitive spot in the ETF market, one of many funds vying to offer exposure to the US small-cap space. Fund issuer State Street Global Advisors chose a popular and representative index to benchmark small-cap US stocks, the S&P 600. However, iShares and Vanguard also have funds that track the same index. SLY represents the US small-cap market well, with just a few tilts caused by its relatively small holdings base of 600 stocks (the small-cap universe is about 2,000 stocks), but it offers even purer exposure to small-caps as it excludes most midcaps included in our benchmark. This also inflates SLY's risk very slightly. Onscreen liquidity is fine, but retail investors can do better. Block execution should pose no problems for larger investors. SLY charges a modest fee, but it recovers most of it with tight tracking and securities lending revenue. One watch-out for investors is the fund's history of making taxable capital gains distributions. Overall, SLY is one of the strongest offerings in a crowded space, but investors seeking more liquidity and an even lower fee may find both with IJR.

SLY MSCI ESG Analytics Insight

SPDR S&P 600 Small Cap ETF has an MSCI ESG Fund Rating of BB based on a score of 3.51 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SPDR S&P 600 Small Cap ETF ranks in the 13th percentile within its peer group and in the 24th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SLY MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

SLY CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/15/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SLY -5.23% -4.54% 7.25% -14.78% 7.94% 7.90% 13.22%
SLY (NAV) -4.94% -4.95% 6.92% -13.98% 7.50% 7.85% 13.19%
S&P Small Cap 600 -4.93% -4.56% 7.42% -13.61% 7.71% 8.00% 13.19%
MSCI USA Small Cap Index -5.74% -3.59% 12.43% -6.87% 8.38% 7.46% 13.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SLY Summary Data

SPDR
11/08/05
Open-Ended Fund
0.15%
$1.23B
$3.11M
0.05%

SLY Portfolio Data

$1.91B
40.43
1.93
1.14%
09/23/19
603

SLY Index Data

S&P Small Cap 600
Market Cap
Committee
MSCI USA Small Cap Index

SLY Portfolio Management

0.15%
-0.05%
0.02%
-24.83%

SLY Tax Exposures

20.00% / 39.60%
1.90%
Qualified dividends
No

SLY Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

SLY Factset Analytics Block Liquidity

As of 08/16/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SLY. SLY is rated a 5 out of 5.

SLY Tradability

46,517
$3.11M
40,203
$2.72M
0.05%
$0.04
0.02%
0.15% / -0.13%
None
100.00%
50,000
0.80
0.09%
0.08%
--
$63.92
5

SLY Sector/Industry Breakdown


SLY
Segment Benchmark
24.85%
25.93%
18.82%
14.54%
13.97%
12.85%
13.61%
15.19%
11.60%
13.76%
5.09%
4.22%
4.72%
5.58%
3.93%
4.00%
2.15%
3.01%
1.26%
0.92%

SLY Countries


SLY
Segment Benchmark
100.00%
100.00%

SLY Regions


SLY
Segment Benchmark
100.00%
100.00%

SLY Economic Development


SLY
Segment Benchmark
100.00%
100.00%

SLY Performance Statistics

0.14
0.96
1.02
0.76
2.60%
MSCI USA Small Cap Index

SLY MSCI ESG Ratings

BB
3.51 / 10
24.12
13.49
4.01%
5.94%
111.74

SLY BENCHMARK COMPARISON HOLDINGS

603
1803
573
21.26%

SLY BENCHMARK COMPARISON SUMMARY


SLY
Segment Benchmark
603
1803
$1.91B
$3.96B
40.43
41.11
1.93
2.23
1.56%
1.58%
Low
Low

SLY BENCHMARK COMPARISON MARKET CAP SIZE


SLY
Segment Benchmark
0.00%
0.03%
22.66%
62.81%
71.06%
33.87%
6.29%
3.28%