SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) belongs to the Volatility Hedged Equity category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SMLV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SMLV
SMLV charges 0.12% annually. No ETFs in the Volatility Hedged Equity category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.12%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR SSGA US Large Cap Low Volatility Index ETF | 0.12% | 1.16B | Feb 2013 | SMLV vs LGLV | |
| Fidelity Low Volatility Factor ETF | 0.15% | 1.37B | Sep 2016 | SMLV vs FDLO | |
| SPDR Russell 1000 Low Volatility Focus ETF | 0.20% | 345.21M | Dec 2015 | SMLV vs ONEV | |
| FlexShares US Quality Low Volatility Index Fund | 0.22% | 161.88M | Jul 2019 | SMLV vs QLV | |
| Invesco S&P MidCap Low Volatility ETF | 0.25% | 739.11M | Feb 2013 | SMLV vs XMLV |
Best Risk-Adjusted Alternatives to SMLV
SMLV has a PortfoliosLab risk / return rank of 72. There are 5 ETFs in the Volatility Hedged Equity category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 95 | 5.00B | Jul 2016 | SMLV vs LVHI | |
| VictoryShares US Multi-Factor Minimum Volatility E... | 92 | 155.19M | Jun 2017 | SMLV vs VSMV | |
| Franklin Liberty U.S. Low Volatility ETF | 91 | 112.15M | Sep 2016 | SMLV vs FLLV | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | 76 | 488.90M | May 2020 | SMLV vs SIXH | |
| FlexShares US Quality Low Volatility Index Fund | 72 | 161.88M | Jul 2019 | SMLV vs QLV |
Top Performing SMLV Alternatives (YTD)
SMLV is at 21.47% YTD. No ETFs in the Volatility Hedged Equity category have higher YTD returns; the top-performing alternatives shown here go as high as 14.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 14.97% | 5.00B | Jul 2016 | SMLV vs LVHI | |
| Invesco S&P SmallCap Low Volatility ETF | 14.75% | 244.06M | Feb 2013 | SMLV vs XSLV | |
| WEBs QQQ Defined Volatility ETF | 14.11% | 3.20M | Dec 2024 | SMLV vs DVQQ | |
| Franklin Liberty U.S. Low Volatility ETF | 13.64% | 112.15M | Sep 2016 | SMLV vs FLLV | |
| Invesco S&P SmallCap High Dividend Low Volatility ... | 13.57% | 72.60M | Dec 2016 | SMLV vs XSHD |
Lowest Volatility Alternatives to SMLV
SMLV has 15.49% 1-year volatility. There are 19 ETFs in the Volatility Hedged Equity category with lower 1-year volatility, going as low as 7.74%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 6 Meridian Hedged Equity-Index Option Strategy ETF | 7.74% | 488.90M | May 2020 | SMLV vs SIXH | |
| FlexShares US Quality Low Volatility Index Fund | 7.79% | 161.88M | Jul 2019 | SMLV vs QLV | |
| Franklin Liberty U.S. Low Volatility ETF | 8.39% | 112.15M | Sep 2016 | SMLV vs FLLV | |
| Innovator Emerging Markets Power Buffer ETF Januar... | 8.43% | 144.84M | Jan 2020 | SMLV vs EJAN | |
| Cambria Tail Risk ETF | 8.54% | 145.21M | Apr 2017 | SMLV vs TAIL |
Lowest Drawdown Alternatives to SMLV
SMLV has a 1-year max drawdown of -7.34%. There are 10 ETFs in the Volatility Hedged Equity category with shallower 1-year drawdowns, going as shallow as -4.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -4.36% | 488.90M | May 2020 | SMLV vs SIXH | |
| Franklin Liberty U.S. Low Volatility ETF | -4.90% | 112.15M | Sep 2016 | SMLV vs FLLV | |
| VictoryShares US Multi-Factor Minimum Volatility E... | -5.18% | 155.19M | Jun 2017 | SMLV vs VSMV | |
| Franklin International Low Volatility High Dividen... | -6.08% | 5.00B | Jul 2016 | SMLV vs LVHI | |
| FlexShares US Quality Low Volatility Index Fund | -6.19% | 161.88M | Jul 2019 | SMLV vs QLV |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $783B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 66 | 10.45% | 783.21B | Jan 1993 | SMLV vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 22 | -7.36% | 132.10B | Nov 2004 | SMLV vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 63 | 26.22% | 120.59B | Dec 1998 | SMLV vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 48 | 10.97% | 52.75B | Sep 2000 | SMLV vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 54 | 14.99% | 7.40B | Oct 2015 | SMLV vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 50 | 28.66% | 36.33B | Dec 1998 | SMLV vs XLE | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 66 | 10.50% | 158.31B | Nov 2005 | SMLV vs SPYM | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 23 | -7.26% | 27.70B | Jun 2018 | SMLV vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 31 | 8.54% | 23.51B | Dec 1998 | SMLV vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.88% | 46.75B | May 2007 | SMLV vs BIL |
Often Compared With SMLV
Investors most often compare SMLV with SMLF, SMMV, SCHG. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare SMLV with Any Fund or Stock
Compare SMLV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SMLV with funds that move differently
SPDR SSGA US Small Cap Low Volatility Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SMLV.
Explore SMLV Diversifiers