SPSMSPDR Portfolio S&P 600 Small Cap ETF
SPSM Fund Description
SPSM tracks a market-cap-weighted index of US small-cap stocks selected by the S&P Committee.
SPSM Factset Analytics Insight
SPSM is a part of the low-cost SPDR Portfolio ETF line up, a collection of core-exposure funds that track S&P indexes. The fund specifically tracks the S&P SmallCap 600 Index. The S&P's index committee chooses at least 600 securities to represent the US small-cap space, not necessarily the 600 smallest by market cap, which can lead to some omissions of single names. The Committee also considers sector balance by comparing the weight of each GICS sector in the index to its weight in the relevant market cap range of the S&P Total Market Index. SPSM securities are added and removed on an as-needed basis and are rebalanced quarterly. The fund may also invest on futures contracts. Prior to January 24, 2020 the fund tracked the SSGA Small Cap Index. Also, prior to November 16, 2017, the fund tracked the Russell 2000 Index and traded under the ticker TWOK.
SPSM MSCI ESG Analytics Insight
SPDR Portfolio S&P 600 Small Cap ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.85 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 Portfolio S&P 600 Small Cap ETF ranks in the 28th percentile within its peer group and in the 30th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SPSM 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.
SPSM Summary Data
SPSM Portfolio Data
SPSM Index Data
SPSM Portfolio Management
SPSM Tax Exposures
SPSM Fund Structure
SPSM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPSM. SPSM is rated a 5 out of 5.
SPSM Sector/Industry Breakdown
SPSM Economic Development
SPSM Performance Statistics
SPSM MSCI ESG Ratings
SPSM Benchmark Comparison Summary
SPSM Benchmark Comparison Market Cap Size