Spdr Ssga Small Etf Profile
| SMLV Etf | USD 108.38 1.04 0.97% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR SSGA is selling for under 108.38 as of the 23rd of April 2024; that is 0.97 percent increase since the beginning of the trading day. The etf's lowest day price was 107.1. SPDR SSGA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR SSGA Small are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SSGA US is traded on NYSEARCA Exchange in the United States. More on SPDR SSGA Small
Moving together with SPDR Etf
| 0.65 | IJR | iShares Core SP | PairCorr |
| 0.61 | VRTIX | Vanguard Russell 2000 | PairCorr |
| 0.61 | VTWO | Vanguard Russell 2000 | PairCorr |
| 0.71 | FNDA | Schwab Fundamental Small | PairCorr |
| 0.65 | SPSM | SPDR Portfolio SP | PairCorr |
SPDR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR SSGA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR SSGA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Small Cap ETFs, Size And Style ETFs, Small Blend, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2013-02-20 |
| Benchmark | SSGA US Small Cap Low Volatility Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 175.92 Million |
| Average Trading Valume | 5,860 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Keith Richardson |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 424 |
| Market Maker | IMC |
| Total Expense | 0.12 |
| Management Fee | 0.12 |
| Country Name | USA |
| Returns Y T D | (4.79) |
| Name | SPDR SSGA US Small Cap Low Volatility Index ETF |
| Currency Code | USD |
| In Threey Volatility | 17.14 |
| 1y Volatility | 19.3 |
| 200 Day M A | 105.2 |
| 50 Day M A | 108.16 |
| Code | SMLV |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.07 |
SPDR SSGA Small [SMLV] is traded in USA and was established 2013-02-20. The fund is listed under Small Blend category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Small Cap ETFs. SPDR SSGA Small at this time have 178.84 M in assets. , while the total return for the last 3 years was 0.3%.
Check SPDR SSGA Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SSGA Small Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top SPDR SSGA Small Etf Constituents
| POR | Portland General Electric | Stock | Utilities |
| NWBI | Northwest Bancshares | Stock | Financials |
| FRME | First Merchants | Stock | Financials |
| GPMT | Granite Point Mortgage | Stock | Financials |
| ACRE | Ares Commercial Real | Stock | Financials |
| DEA | Eerly Govt Ppty | Stock | Real Estate |
| MGEE | MGE Energy | Stock | Utilities |
SPDR SSGA Target Price Odds Analysis
Depending on a normal probability distribution, the odds of SPDR SSGA jumping above the current price in 90 days from now is about 39.76%. The SPDR SSGA Small probability density function shows the probability of SPDR SSGA etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.4838. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, SPDR SSGA will likely underperform. Additionally, sPDR SSGA Small has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SPDR SSGA to move above the current price in 90 days from now is about 39.76 (This SPDR SSGA Small probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR SSGA Top Holders
| TNXIX | 1290 Retirement 2060 | Mutual Fund | Large Growth |
| TNLIX | 1290 Retirement 2035 | Mutual Fund | Target-Date 2035 |
| TNWIX | 1290 Retirement 2050 | Mutual Fund | Target-Date 2050 |
| TNNIX | 1290 Retirement 2040 | Mutual Fund | Target-Date 2040 |
| TNKIX | 1290 Retirement 2030 | Mutual Fund | Target-Date 2030 |
| TNQIX | 1290 Retirement 2055 | Mutual Fund | Target-Date 2055 |
| TNOIX | 1290 Retirement 2045 | Mutual Fund | Target-Date 2045 |
SPDR SSGA Small Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR SSGA market risk premium is the additional return an investor will receive from holding SPDR SSGA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SSGA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPDR SSGA's alpha and beta are two of the key measurements used to evaluate SPDR SSGA's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0126 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.06) |
SPDR SSGA Against Markets
Picking the right benchmark for SPDR SSGA etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR SSGA etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR SSGA is critical whether you are bullish or bearish towards SPDR SSGA Small at a given time. Please also check how SPDR SSGA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SPDR SSGA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
How to buy SPDR Etf?
Before investing in SPDR SSGA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR SSGA. To buy SPDR SSGA etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR SSGA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR SSGA etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR SSGA Small etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR SSGA Small etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR SSGA Small, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR SSGA guide.
Already Invested in SPDR SSGA Small?
The danger of trading SPDR SSGA Small is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR SSGA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR SSGA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR SSGA Small is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR SSGA Small is a strong investment it is important to analyze SPDR SSGA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SSGA's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SSGA Small. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of SPDR SSGA Small is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SSGA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSGA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SSGA's market value can be influenced by many factors that don't directly affect SPDR SSGA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SSGA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSGA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSGA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.