SMLV

SPDR SSGA U.S. Small Cap Low Volatility Index ETF
*Unless otherwise stated, data provided by FactSet.

SMLV Fund Description

SMLV tracks an index of US small-cap stocks selected and weighted by low volatility and other factors.

SMLV Factset Analytics Insight

SMLV offers a low-volatility take on the US small-cap market. Basically, the fund applies a volatility optimizer to the Russell 2000 Index. SMLV aims for optimal low-volatility exposure by screening out other technical factors like momentum and beta while keeping turnover in check. Notably, the fund looks little like the broad small-cap market and comes with strong sector biases, with a significant exposure to financials. All in all, SMLV offers a valid take on the space, but investors should trade with limit orders and monitor asset levels. Note: Prior to December 13, 2016, the fund was called SPDR Russell 2000 Low Volatility ETF and tracked the Russell 2000 Low Volatility Index.

SMLV MSCI ESG Analytics Insight

SPDR SSGA U.S. Small Cap Low Volatility Index ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.31 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 SSGA U.S. Small Cap Low Volatility Index ETF ranks in the 14th percentile within its peer group and in the 4th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SMLV 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.

PERFORMANCE [as of 09/22/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SMLV -2.62% -2.61% 16.59% 50.24% 6.90% 10.18% --
SMLV (NAV) -1.68% -1.46% 17.83% 51.22% 7.27% 10.22% --
MSCI USA Small Cap Index 2.15% -1.06% 16.32% 51.51% 12.40% 14.60% 15.78%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SMLV Summary Data

SPDR
02/20/13
Open-Ended Fund
0.12%
$209.84M
$334.67K
0.17%

SMLV Portfolio Data

$2.51B
21.13
1.89
2.56%
N/A
441

SMLV Index Data

Technical
Technical
MSCI USA Small Cap Index

SMLV Portfolio Management

0.12%
--
--
--

SMLV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SMLV Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

SMLV Factset Analytics Block Liquidity

As of 09/23/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SMLV. SMLV is rated a 4 out of 5.

SMLV Tradability

2,987
$334.67K
2,044
$230.75K
0.17%
$0.19
-0.03%
0.38% / -0.23%
None
99.00%
10,000
0.20
0.03%
0.08%
0
$110.98
4

SMLV Sector/Industry Breakdown


SMLV
Segment Benchmark
42.42%
22.39%
15.06%
14.12%
10.30%
14.96%
8.00%
13.62%
7.34%
15.72%
4.60%
3.99%
4.38%
2.07%
3.88%
5.11%
1.55%
0.66%
1.51%
3.53%

SMLV Countries


SMLV
Segment Benchmark
100.00%
100.00%

SMLV Regions


SMLV
Segment Benchmark
100.00%
100.00%

SMLV Economic Development


SMLV
Segment Benchmark
100.00%
100.00%

SMLV Performance Statistics

0.77
0.91
1.07
0.84
0.57%
MSCI USA Small Cap Index

SMLV MSCI ESG Ratings

4.31 / 10
4.38
13.81
3.31%
6.06%
172.71

SMLV Benchmark Comparison Holdings

441
1858
414
18.46%

SMLV Benchmark Comparison Summary


SMLV
Segment Benchmark
441
1858
$2.51B
$5.50B
21.13
82.45
1.89
2.75
1.89%
1.02%
Low
Low

SMLV Benchmark Comparison Market Cap Size


SMLV
Segment Benchmark
0.00%
3.24%
40.70%
73.31%
50.60%
22.40%
8.70%
1.05%