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SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV)

ETF · Currency in USD · Last updated Aug 4, 2022

SMLV is a passive ETF by State Street tracking the investment results of the SSGA US Small Cap Low Volatility Index. SMLV launched on Feb 20, 2013 and has a 0.12% expense ratio.

ETF Info

ISINUS78468R8878
CUSIP78468R887
IssuerState Street
Inception DateFeb 20, 2013
RegionNorth America (U.S.)
CategoryVolatility Hedged Equity
Expense Ratio0.12%
Index TrackedSSGA US Small Cap Low Volatility Index
Asset ClassEquity

Asset Class Size

Micro-Cap

Asset Class Style

Blend

Trading Data

Previous Close$110.80
Year Range$99.96 - $119.53
EMA (50)$107.16
EMA (200)$109.62
Average Volume$5.97K

SMLVShare Price Chart


Chart placeholderClick Calculate to get results

SMLVPerformance

The chart shows the growth of $10,000 invested in SPDR SSGA US Small Cap Low Volatility Index ETF in Feb 2013 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $25,685 for a total return of roughly 156.85%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
-0.40%
-7.67%
SMLV (SPDR SSGA US Small Cap Low Volatility Index ETF)
Benchmark (^GSPC)

SMLVReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M4.76%8.62%
6M-1.60%-8.61%
YTD-6.29%-12.82%
1Y1.19%-5.29%
5Y7.77%10.96%
10Y10.73%9.80%

SMLVMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-4.95%0.12%0.81%-5.97%2.44%-4.54%6.86%-0.58%
20211.57%10.44%4.21%2.25%1.05%-1.60%-0.03%2.43%-2.16%3.87%-2.66%6.07%
2020-3.13%-9.22%-24.36%11.59%0.61%3.66%0.45%4.40%-5.05%1.40%17.17%7.50%
20198.74%3.61%-1.56%2.86%-5.35%5.28%2.49%-3.50%4.02%2.57%1.67%1.75%
2018-0.26%-3.92%1.88%0.68%4.79%2.35%1.24%3.46%-2.14%-6.81%2.29%-9.34%
2017-2.16%0.76%-0.22%1.54%-2.56%2.41%0.83%-1.86%5.52%0.34%2.88%-1.64%
2016-5.22%1.24%7.71%-0.26%1.90%0.55%4.75%2.28%-1.13%-1.49%12.91%3.96%
2015-3.08%3.30%1.41%-2.70%0.27%0.77%-0.35%-5.11%-1.06%6.61%2.83%-4.00%
2014-3.08%4.35%1.23%-2.63%0.50%5.09%-4.90%4.78%-4.35%8.70%1.44%2.33%
20130.74%4.22%0.53%0.60%-0.45%6.46%-4.88%5.43%4.30%2.54%2.48%

SMLVSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current SPDR SSGA US Small Cap Low Volatility Index ETF Sharpe ratio is 0.04. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.00MarchAprilMayJuneJulyAugust
0.04
-0.30
SMLV (SPDR SSGA US Small Cap Low Volatility Index ETF)
Benchmark (^GSPC)

SMLVDividend History

SPDR SSGA US Small Cap Low Volatility Index ETF granted a 2.27% dividend yield in the last twelve months. The annual payout for that period amounted to $2.52 per share.


PeriodTTM202120202019201820172016201520142013
Dividend$2.52$2.54$2.36$2.62$2.61$7.24$2.84$1.96$2.15$2.61

Dividend yield

2.27%2.15%2.55%2.78%3.44%8.91%3.70%3.31%3.56%4.89%

SMLVDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-7.30%
-13.37%
SMLV (SPDR SSGA US Small Cap Low Volatility Index ETF)
Benchmark (^GSPC)

SMLVWorst Drawdowns

The table below shows the maximum drawdowns of the SPDR SSGA US Small Cap Low Volatility Index ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the SPDR SSGA US Small Cap Low Volatility Index ETF is 42.45%, recorded on Mar 23, 2020. It took 200 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.45%Jan 17, 202045Mar 23, 2020200Jan 6, 2021245
-18.83%Sep 4, 201878Dec 24, 2018181Sep 13, 2019259
-16.37%Jan 5, 2022113Jun 16, 2022
-14.32%Dec 2, 201534Jan 21, 201667Apr 27, 2016101
-9.84%Apr 6, 2015106Sep 4, 201556Nov 27, 2015162
-8.3%Nov 30, 201749Feb 9, 201873May 25, 2018122
-7.12%Sep 4, 201426Oct 13, 201412Oct 29, 201438
-7.06%Nov 8, 202117Dec 1, 202123Jan 4, 202240
-6.76%Jun 9, 202128Jul 19, 202166Oct 20, 202194
-6.76%Mar 15, 20218Mar 24, 202152Jun 8, 202160

SMLVVolatility Chart

Current SPDR SSGA US Small Cap Low Volatility Index ETF volatility is 11.60%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%MarchAprilMayJuneJulyAugust
11.60%
20.74%
SMLV (SPDR SSGA US Small Cap Low Volatility Index ETF)
Benchmark (^GSPC)