SPDR Portfolio S&P 600 Small Cap ETF (SPSM)
| Assets | $11.61B |
| Expense Ratio | 0.03% |
| PE Ratio | 17.02 |
| Shares Out | 265.11M |
| Dividend (ttm) | $0.82 |
| Dividend Yield | 1.85% |
| Ex-Dividend Date | Jun 23, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 31.56% |
| Volume | 681,633 |
| Open | 44.00 |
| Previous Close | 43.81 |
| Day's Range | 43.95 - 44.18 |
| 52-Week Low | 34.79 |
| 52-Week High | 50.03 |
| Beta | 1.07 |
| Holdings | 611 |
| 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
5.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Mr. Cooper Group Inc. | COOP | 0.70% |
| Qorvo, Inc. | QRVO | 0.60% |
| Brinker International, Inc. | EAT | 0.59% |
| SPX Technologies, Inc. | SPXC | 0.59% |
| BorgWarner Inc. | BWA | 0.56% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 0.54% |
| Armstrong World Industries, Inc. | AWI | 0.53% |
| Dycom Industries, Inc. | DY | 0.52% |
| Sterling Infrastructure, Inc. | STRL | 0.52% |
| Badger Meter, Inc. | BMI | 0.52% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 23, 2025 | $0.18308 | Jun 25, 2025 |
| Mar 24, 2025 | $0.15476 | Mar 26, 2025 |
| Dec 23, 2024 | $0.28134 | Dec 26, 2024 |
| Sep 23, 2024 | $0.19798 | Sep 25, 2024 |
| Jun 24, 2024 | $0.20589 | Jun 26, 2024 |
| Mar 18, 2024 | $0.14418 | Mar 21, 2024 |
Performance
SPSM had a total return of 8.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.57%.
News
SPSM: Small Caps Are Unlikely To Outperform
SPDR Portfolio S&P 600 Small Cap ETF's small-cap focus is risky now, as small caps are more sensitive to interest rates and macro headwinds than large caps. Recent and historical performance shows SPS...
3 Great Small-Cap ETFs for 2025
Zachary Evens: Small stocks have underperformed their larger counterparts for a long time, prompting some people, including myself, to ask: why bother with small-cap ETFs? While there's an argument to...
SPSM: The Opportunites And Risks Are Balanced
SPSM offers a low expense ratio of 0.03% and tracks the S&P SmallCap 600 Index. Small-cap stocks benefit from reduced U.S. corporate tax rates, looser M&A rules, and lower regulatory burdens, enhancin...
How To Avoid The Worst Style ETFs For Q1 2025
ETF issuance is profitable for Wall Street, leading to an overwhelming number of ETFs that may not serve investors' best interests. Avoid ETFs with less than $100 million in assets due to inadequate l...
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...
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...
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.
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.