SPDR Portfolio S&P 600 Small Cap ETF (SPSM)
SPSM is a passive ETF by State Street tracking the investment results of the S&P SmallCap 600 Index. SPSM launched on Jul 8, 2013 and has a 0.05% expense ratio.
ETF Info
| ISIN | US78468R8530 |
|---|---|
| CUSIP | 78468R853 |
| Issuer | State Street |
| Inception Date | Jul 8, 2013 |
| Region | North America (U.S.) |
| Category | Small Cap Blend Equities |
| Index Tracked | S&P SmallCap 600 Index |
| Home Page | www.ssga.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
SPSM has an expense ratio of 0.05% which is considered to be low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Portfolio S&P 600 Small Cap 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 Portfolio S&P 600 Small Cap ETF had a return of 1.02% year-to-date (YTD) and 20.14% in the last 12 months. Over the past 10 years, SPDR Portfolio S&P 600 Small Cap ETF had an annualized return of 8.45%, while the S&P 500 had an annualized return of 10.67%, indicating that SPDR Portfolio S&P 600 Small Cap ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.02% | 9.49% |
| 1 month | 3.26% | 1.20% |
| 6 months | 19.88% | 18.29% |
| 1 year | 20.14% | 26.44% |
| 5 years (annualized) | 8.28% | 12.64% |
| 10 years (annualized) | 8.45% | 10.67% |
Monthly Returns
The table below presents the monthly returns of SPSM, 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 | -3.98% | 3.21% | 3.33% | -5.51% | 1.02% | ||||||||
| 2023 | 9.52% | -1.26% | -5.18% | -2.75% | -1.74% | 8.17% | 5.61% | -4.24% | -5.91% | -5.77% | 8.31% | 12.81% | 16.11% |
| 2022 | -7.38% | 1.50% | 0.29% | -7.77% | 1.93% | -8.63% | 10.09% | -4.34% | -9.75% | 12.13% | 4.19% | -6.72% | -16.13% |
| 2021 | 6.15% | 7.63% | 3.60% | 1.82% | 2.16% | 0.22% | -2.39% | 2.01% | -2.33% | 3.40% | -2.34% | 4.54% | 26.67% |
| 2020 | -3.95% | -9.38% | -22.70% | 12.87% | 4.34% | 3.72% | 4.22% | 3.79% | -4.52% | 2.63% | 18.01% | 8.43% | 11.45% |
| 2019 | 12.06% | 4.74% | -1.98% | 3.37% | -8.00% | 7.03% | 0.85% | -4.63% | 2.21% | 2.37% | 3.78% | 2.89% | 25.85% |
| 2018 | 2.47% | -4.26% | 1.33% | 1.00% | 6.02% | 1.13% | 1.21% | 4.38% | -2.13% | -10.65% | 1.58% | -12.08% | -11.17% |
| 2017 | 0.09% | 2.42% | 0.20% | 0.96% | -1.99% | 3.59% | 0.66% | -1.28% | 6.10% | 1.02% | 2.71% | 0.23% | 15.44% |
| 2016 | -9.52% | 0.00% | 7.58% | 1.75% | 2.43% | -0.99% | 6.80% | 1.75% | 1.54% | -4.97% | 11.10% | 2.61% | 20.07% |
| 2015 | -2.86% | 5.66% | 1.70% | -2.70% | 2.33% | 0.59% | -1.23% | -5.92% | -5.58% | 6.09% | 3.43% | -3.96% | -3.34% |
| 2014 | -2.72% | 4.40% | -0.61% | -4.07% | 0.96% | 5.38% | -5.69% | 4.19% | -5.53% | 6.52% | 0.89% | 2.03% | 4.86% |
| 2013 | 2.72% | -2.08% | 5.53% | 3.30% | 3.68% | 1.70% | 15.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPSM is 46, 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.
SPSM (SPDR Portfolio S&P 600 Small Cap ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Portfolio S&P 600 Small Cap ETF (SPSM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Portfolio S&P 600 Small Cap ETF granted a 1.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.69 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.69 | $0.68 | $0.51 | $0.63 | $0.42 | $0.52 | $0.48 | $0.46 | $0.40 | $0.53 | $0.40 | $0.16 |
Dividend yield | 1.62% | 1.61% | 1.38% | 1.40% | 1.17% | 1.58% | 1.82% | 1.51% | 1.49% | 2.37% | 1.70% | 0.68% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Portfolio S&P 600 Small Cap 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 | $0.14 | $0.00 | $0.00 | $0.14 | |||||||
| 2023 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.30 | $0.68 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.51 |
| 2021 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.27 | $0.63 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.42 |
| 2019 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.16 | $0.52 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.48 |
| 2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.19 | $0.46 |
| 2016 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.14 | $0.40 |
| 2015 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.24 | $0.53 |
| 2014 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.21 | $0.40 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.11 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Portfolio S&P 600 Small Cap 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 Portfolio S&P 600 Small Cap ETF was 42.89%, occurring on Mar 23, 2020. Recovery took 171 trading sessions.
The current SPDR Portfolio S&P 600 Small Cap ETF drawdown is 5.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.89% | Jan 17, 2020 | 45 | Mar 23, 2020 | 171 | Nov 23, 2020 | 216 |
| -26.43% | Sep 4, 2018 | 78 | Dec 24, 2018 | 267 | Jan 16, 2020 | 345 |
| -26.41% | Nov 9, 2021 | 221 | Sep 26, 2022 | — | — | — |
| -25.42% | Jun 24, 2015 | 161 | Feb 11, 2016 | 191 | Nov 11, 2016 | 352 |
| -12.78% | Jul 2, 2014 | 71 | Oct 13, 2014 | 50 | Dec 23, 2014 | 121 |
Volatility
Volatility Chart
The current SPDR Portfolio S&P 600 Small Cap ETF volatility is 4.53%, 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.