Spdr Russell Small Etf Profile

SPMD Etf  USD 53.19  0.91  1.74%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 32

 
100  
 
Zero
Below Average
SPDR Russell is trading at 53.19 as of the 28th of March 2024, a 1.74 percent up since the beginning of the trading day. The etf's lowest day price was 52.58. SPDR Russell has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for SPDR Russell Small are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Mid is traded on NYSEARCA Exchange in the United States. The company has 15.3 M outstanding shares of which 1.9 M shares are at this time shorted by private and institutional investors with about 20.9 trading days to cover. More on SPDR Russell Small

Moving together with SPDR Etf

  1.0VO Vanguard Mid-Cap IndexPairCorr
  0.97VXF Vanguard Extended MarketPairCorr
  1.0IJH IShares Core SPPairCorr
  0.99IWR IShares Russell Mid-CapPairCorr
  0.97MDY SPDR SP MIDCAPPairCorr
  0.94FV First Trust DorseyPairCorr
  1.0IVOO Vanguard SP Mid-CapPairCorr

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 Russell's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Russell or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentMichael Riley
Thematic Ideas
(View all Themes)
Business ConcentrationSize And Style ETFs, Mid Cap ETFs, Mid-Cap Blend, SPDR State Street Global Advisors, Business Services (View all Sectors)
IssuerSSgA
Inception Date2005-11-08
BenchmarkS&P MidCap 400Index
Entity TypeRegulated Investment Company
Asset Under Management9.8 Billion
Average Trading Valume1 Million
Asset TypeEquity
CategorySize and Style
FocusMid Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerMichael Feehily, Karl Schneider, Mark Krivitsky
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents402
Market MakerCitadel
Total Expense0.05
Management Fee0.05
Country NameUSA
Returns Y T D7.65
NameSPDR Russell Small Cap Completeness
Currency CodeUSD
Open FigiBBG000KMBFP5
In Threey Volatility19.96
1y Volatility19.69
200 Day M A46.5258
50 Day M A49.9352
CodeSPMD
Updated At27th of March 2024
Currency NameUS Dollar
SPDR Russell Small [SPMD] is traded in USA and was established 2005-11-08. The fund is listed under Mid-Cap Blend category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Size And Style ETFs. SPDR Russell Small at this time have 4.68 B in assets. , while the total return for the last 3 years was 5.9%. SPDR Russell Small currently holds about 105 M in cash with 288 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.71.
Check SPDR Russell 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 Russell 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 Russell Small Etf Constituents

KEYSKeysight TechnologiesStockInformation Technology
MASIMasimoStockHealth Care
MPWMedical Properties TrustStockReal Estate
CTLTCatalentStockHealth Care
YAlleghanyStockInsurance—Property & Casualty
FDSFactSet Research SystemsStockFinancials
IEXIDEX CorporationStockIndustrials
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SPDR Russell Target Price Odds Analysis

What are SPDR Russell's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SPDR Russell jumping above the current price in 90 days from now is about 1.34%. The SPDR Russell Small probability density function shows the probability of SPDR Russell 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 1.4393. 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 Russell will likely underperform. Additionally, sPDR Russell Small has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 53.19HorizonTargetOdds Above 53.19
98.63%90 days
 53.19 
1.34%
Based on a normal probability distribution, the odds of SPDR Russell to move above the current price in 90 days from now is about 1.34 (This SPDR Russell Small probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .

SPDR Russell Top Holders

ARANXHorizon Active RiskMutual FundTactical Allocation
ACRIXHorizon Active RiskMutual FundTactical Allocation
ARAAXHorizon Active RiskMutual FundTactical Allocation
AAANXHorizon Active AssetMutual FundTactical Allocation
HASAXHorizon Active AssetMutual FundTactical Allocation
HASIXHorizon Active AssetMutual FundTactical Allocation
SRGAXStringer Growth FundMutual FundTactical Allocation
More Details

SPDR Russell Small Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Russell market risk premium is the additional return an investor will receive from holding SPDR Russell 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 Russell. 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 Russell's alpha and beta are two of the key measurements used to evaluate SPDR Russell's performance over the market, the standard measures of volatility play an important role as well.

SPDR Russell Against Markets

Picking the right benchmark for SPDR Russell 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 Russell 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 Russell is critical whether you are bullish or bearish towards SPDR Russell Small at a given time. Please also check how SPDR Russell'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 Russell 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.

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How to buy SPDR Etf?

Before investing in SPDR Russell, 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 Russell. To buy SPDR Russell etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Russell. 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 Russell etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located SPDR Russell 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 Russell 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 Russell 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 Russell guide.

Already Invested in SPDR Russell Small?

The danger of trading SPDR Russell 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 Russell 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 Russell. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Russell 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 Russell Small is a strong investment it is important to analyze SPDR Russell'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 Russell'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 Russell 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 population.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running SPDR Russell's price analysis, check to measure SPDR Russell's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPDR Russell is operating at the current time. Most of SPDR Russell's value examination focuses on studying past and present price action to predict the probability of SPDR Russell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPDR Russell's price. Additionally, you may evaluate how the addition of SPDR Russell to your portfolios can decrease your overall portfolio volatility.
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The market value of SPDR Russell 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell'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 Russell's market value can be influenced by many factors that don't directly affect SPDR Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell'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.