Key stats
About SPDR SSGA US Small Cap Low Volatility Index ETF
Expense ratio
0.12%
Home page
Inception date
Feb 20, 2013
SMLV offers a low-volatility take on the US small-cap market. Basically, the fund applies a volatility optimizer to the Russell 2000 Index. SMLV aims for optimal low-volatility exposure by screening out other technical factors like momentum and beta while keeping turnover in check. Notably, the fund looks little like the broad small-cap market and comes with strong sector biases, with a significant exposure to financials. All in all, SMLV offers a valid take on the space, but investors should trade with limit orders and monitor asset levels. Note: Prior to December 13, 2016, the fund was called SPDR Russell 2000 Low Volatility ETF and tracked the Russell 2000 Low Volatility Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.07%
Finance74.05%
Producer Manufacturing3.04%
Health Technology2.80%
Electronic Technology2.02%
Utilities1.94%
Energy Minerals1.91%
Technology Services1.85%
Commercial Services1.69%
Process Industries1.56%
Industrial Services1.26%
Consumer Services1.25%
Consumer Non-Durables1.18%
Consumer Durables0.96%
Transportation0.89%
Retail Trade0.77%
Health Services0.65%
Communications0.54%
Miscellaneous0.50%
Distribution Services0.21%
Bonds, Cash & Other0.93%
Mutual fund0.93%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history