SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV)
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
US78468R8878
78468R887
Feb 20, 2013
North America (U.S.)
1x
SSGA US Small Cap Low Volatility Index
Micro-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR SSGA US Small Cap Low Volatility Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR SSGA US Small Cap Low Volatility Index ETF had a return of 24.23% year-to-date (YTD) and 38.99% in the last 12 months. Over the past 10 years, SPDR SSGA US Small Cap Low Volatility Index ETF had an annualized return of 9.60%, while the S&P 500 had an annualized return of 11.16%, indicating that SPDR SSGA US Small Cap Low Volatility Index ETF did not perform as well as the benchmark.
SMLV
24.23%
9.44%
27.14%
38.99%
9.92%
9.60%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of SMLV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.19% | 1.11% | 3.32% | -5.35% | 3.84% | 0.76% | 15.03% | -0.41% | -0.75% | 0.83% | 24.23% | ||
| 2023 | 5.31% | -0.92% | -5.65% | -3.82% | -2.70% | 5.63% | 5.56% | -3.61% | -5.30% | -4.07% | 7.10% | 11.60% | 7.51% |
| 2022 | -4.95% | 0.12% | 0.81% | -5.97% | 2.44% | -4.54% | 6.85% | -3.73% | -7.45% | 11.91% | 3.14% | -4.77% | -7.69% |
| 2021 | 1.57% | 10.44% | 4.21% | 2.25% | 1.05% | -1.60% | -0.03% | 2.43% | -2.16% | 3.87% | -2.66% | 6.07% | 27.67% |
| 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% | -1.55% |
| 2019 | 8.74% | 3.61% | -1.56% | 2.86% | -5.35% | 5.28% | 2.49% | -3.50% | 4.02% | 2.57% | 1.67% | 1.75% | 24.10% |
| 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% | -6.62% |
| 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% | 5.68% |
| 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% | 29.37% |
| 2015 | -3.08% | 3.30% | 1.42% | -2.70% | 0.27% | 0.77% | -0.35% | -5.11% | -1.06% | 6.61% | 2.83% | -4.00% | -1.72% |
| 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% | 13.24% |
| 2013 | 0.74% | 4.22% | 0.53% | 0.60% | -0.45% | 6.46% | -4.88% | 5.43% | 4.30% | 2.54% | 2.48% | 23.67% |
Expense Ratio
SMLV has an expense ratio of 0.12%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SMLV is 66, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR SSGA US Small Cap Low Volatility Index ETF provided a 2.35% dividend yield over the last twelve months, with an annual payout of $3.21 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.21 | $3.01 | $2.59 | $2.54 | $2.36 | $2.62 | $2.61 | $7.24 | $2.84 | $1.96 | $2.15 | $2.61 |
Dividend yield | 2.35% | 2.68% | 2.40% | 2.12% | 2.47% | 2.62% | 3.15% | 7.92% | 3.04% | 2.63% | 2.76% | 3.68% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR SSGA US Small Cap Low Volatility Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $2.35 | |
| 2023 | $0.00 | $0.00 | $0.84 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.87 | $3.01 |
| 2022 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.88 | $2.59 |
| 2021 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.81 | $2.54 |
| 2020 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $1.08 | $2.36 |
| 2019 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.80 | $2.62 |
| 2018 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.60 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $0.89 | $2.61 |
| 2017 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $5.85 | $7.24 |
| 2016 | $0.00 | $0.00 | $0.43 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $1.36 | $2.84 |
| 2015 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.85 | $1.96 |
| 2014 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $1.03 | $2.15 |
| 2013 | $0.15 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $1.60 | $2.61 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR SSGA US Small Cap Low Volatility Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SPDR SSGA US Small Cap Low Volatility Index ETF was 42.45%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.
The current SPDR SSGA US Small Cap Low Volatility Index ETF drawdown is 1.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.45% | Jan 17, 2020 | 45 | Mar 23, 2020 | 200 | Jan 6, 2021 | 245 |
| -18.97% | Jan 5, 2022 | 456 | Oct 27, 2023 | 175 | Jul 11, 2024 | 631 |
| -18.83% | Sep 4, 2018 | 78 | Dec 24, 2018 | 181 | Sep 13, 2019 | 259 |
| -14.32% | Dec 2, 2015 | 34 | Jan 21, 2016 | 67 | Apr 27, 2016 | 101 |
| -9.84% | Apr 6, 2015 | 98 | Aug 25, 2015 | 64 | Nov 27, 2015 | 162 |
Volatility
Volatility Chart
The current SPDR SSGA US Small Cap Low Volatility Index ETF volatility is 10.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.