SPDR Portfolio S&P 600 Small Cap ETF (SPSM)
| Assets | $12.36B |
| Expense Ratio | 0.03% |
| PE Ratio | 16.15 |
| Shares Out | 273.86M |
| Dividend (ttm) | $0.83 |
| Dividend Yield | 1.83% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 30.13% |
| 1-Year Return | +7.60% |
| Volume | 691,405 |
| Open | 45.25 |
| Previous Close | 45.15 |
| Day's Range | 44.96 - 45.55 |
| 52-Week Low | 39.55 |
| 52-Week High | 50.03 |
| Beta | 1.13 |
| Holdings | 610 |
| Inception Date | Jul 8, 2013 |
About SPSM
Fund Home PageThe SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that is based on the S&P Small Cap 600 index, a market-cap-weighted index of US small-cap stocks selected by the S&P Committee. SPSM was launched on Jul 8, 2013 and is issued by State Street.
Top 10 Holdings
5.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Ssi Us Gov Money Market Class State Street Inst Us Gov | n/a | 0.86% |
| Alaska Air Group, Inc. | ALK | 0.62% |
| Bath & Body Works, Inc. | BBWI | 0.62% |
| Glaukos Corporation | GKOS | 0.60% |
| ATI Inc. | ATI | 0.57% |
| V.F. Corporation | VFC | 0.53% |
| Robert Half Inc. | RHI | 0.52% |
| SPS Commerce, Inc. | SPSC | 0.51% |
| Qorvo, Inc. | QRVO | 0.49% |
| SPX Technologies, Inc. | SPXC | 0.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.281 | n/a |
| Sep 23, 2024 | $0.198 | Sep 25, 2024 |
| Jun 24, 2024 | $0.206 | Jun 26, 2024 |
| Mar 18, 2024 | $0.144 | Mar 21, 2024 |
| Dec 18, 2023 | $0.299 | Dec 21, 2023 |
| Sep 18, 2023 | $0.059 | Sep 21, 2023 |
News
SPSM: Time To Buy Small Caps
I recommend buying SPDR® Portfolio S&P 600™ Small Cap ETF due to the expected positive impact of Trump's tax cuts on small-cap companies. Historical data shows stocks typically rise from November to t...
ETFs See Tremendous Trading Volume After Election
The results of the 2024 presidential election have certainly rocked the markets, and ETFs were no exception. Using Bloomberg data, Scotia ETF Services reports that U.S. ETFs traded about $262 billion...
SPSM: Small Caps Strong, Watching One Key Technical Spot
I maintain a buy rating on SPSM due to its attractive valuation, solid diversification, and bullish technical indicators, despite some historical underperformance post-Fed rate cuts. SPSM offers low-c...
Small, mid, value, yield: is "the rotation" taking hold?
Small, mid, value, yield: is "the rotation" taking hold?
SPSM: Attractively Valued With Good Earnings Growth In 2025 And 2026
SPSM underperformed mid-cap and large-cap peers in the past 2 years. Earnings growth expected to improve significantly in 2025 and 2026. SPSM's forward P/E ratio is attractive, but may still lag behin...
SPSM: Small-Cap U.S. Equities Are Modestly Undervalued
SPDR Portfolio S&P 600 Small Cap ETF provides exposure to about 600 small-cap U.S. equities, with a portfolio managed on a market-cap-weighted basis. SPSM has a low expense ratio of 0.03% and has seen...
January FOMC Meeting Review: The 'Fed-Amental' Attribution Error
The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for ra...
SPSM Vs. IWM: The Index Followed Drives Different Results
The SPDR Portfolio S&P 600 Small Cap ETF invests based on the S&P SmallCap 600 Index. The iShares Russell 2000 ETF invests based on the Russell 2000 Index, the most popular one tracking Small-Cap stoc...
Heightened rate volatility points to these opportunities in stocks, bonds for ETF investors, says State Street's Michael Arone
Hello! For this week's ETF Wrap, I spoke to Michael Arone, chief investment strategist for the U.S. SPDR business at State Street Global Advisors, for his view of markets and where ETF investors may l...
SPSM: A Good Way To Get Low-Cost Small Cap Exposure
SPSM is an SPDR ETF that invests in the S&P 600 Small Cap Index with an expense ratio of 0.03%. Small caps may outperform large caps over the next decade due to attractive valuations, higher growth po...
SPSM: Valuation Spread Between Small Cap Vs. Large Cap Too Big To Ignore
I am increasing my equity exposure despite an imperfect setup due to the low valuation of the S&P 600 and S&P 400 indexes. Equal-weighted indexes historically outperform market cap weighted indexes, a...
Bloodshed On REIT Street: 5 High-Quality Landlords I'm Buying For The Long Haul
Larger REITs have outperformed small- and mid-sized REITs in the last five years, thanks partially to their concentration in high-growth sectors. Modestly leveraged REITs can still grow their bottom-l...
State Street to Merge Small Cap ETFs into $7B Behemoth
A $1.8 billion fund will be merged into a $5.2 billion fund.
Small-Cap Stocks Lead Equities Higher In October. SPSM Shows Upside Momentum
Equities staged an impressive comeback after a tough September. Government bonds remain mired in a steep bear market.
BoA's Jill Carey Hill's bullish case for small cap stocks
Jill Carey Hall, Bank of America Securities head of U.S. small and mid cap strategy, joins 'Closing Bell: Overtime' to discuss her bullish case for small cap stocks.
A Cheap Way To Access Quality
The differences in FTSE Russell vs. S&P index methodologies create a cheap way to invest in quality.
Small-cap ETFs rally
Small-cap exchange-traded funds outperformed Wednesday on a strong day for the broad markets. The iShares Russell 2000 ETF gained 2% late morning, as did the SPDR Portfolio S&P 600 Small Cap ETF.
Small-cap ETFs take a big step higher
Exchange-traded funds with exposure to smaller companies rallied Wednesday as investors turned back to stocks that haven't participated as much in 2020's big run-up. The iShares Russell 2000 ETF , the...
Small-cap and midcap ETFs charge higher as investors continue to rotate
Exchange-traded funds with exposure to smaller companies outperformed Tuesday, extending a winning streak that suggests investors may be ready to look beyond the behemoths that have dominated markets ...
Small caps outperform after recessions, so 'you have history on your side,' money manager says
But it's too soon to tell whether small caps can hang onto recent gains, traders say.