Spdr Sp 600 Etf Profile
| SLYG Etf | USD 99.02 1.59 1.63% |
Performance6 of 100
| Odds Of DistressLess than 9
|
SPDR SP is trading at 99.02 as of the 24th of November 2024. This is a 1.63 percent increase since the beginning of the trading day. The etf's lowest day price was 97.95. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for SPDR SP 600 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SP Smallcap is traded on NYSEARCA Exchange in the United States. More on SPDR SP 600
Moving together with SPDR Etf
| 0.94 | VBK | Vanguard Small Cap | PairCorr |
| 0.97 | IWO | iShares Russell 2000 | PairCorr |
| 1.0 | IJT | iShares SP Small | PairCorr |
| 0.96 | JKK | iShares Morningstar | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Small Cap ETFs, Size And Style ETFs, Small Growth, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2000-09-25 |
| Benchmark | S&P Smallcap 600 Growth Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.79 Billion |
| Average Trading Valume | 131,805.9 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Juan Acevedo |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 380 |
| Market Maker | IMC |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 19.39 |
| Name | SPDR SP 600 Small Cap Growth ETF |
| Currency Code | USD |
| Open Figi | BBG000C9N206 |
| In Threey Volatility | 21.38 |
| 1y Volatility | 19.17 |
| 200 Day M A | 88.4532 |
| 50 Day M A | 93.4294 |
| Code | SLYG |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.04) |
SPDR SP 600 [SLYG] is traded in USA and was established 2000-09-25. The fund is listed under Small Growth category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Small Cap ETFs. SPDR SP 600 at this time have 2.01 B in assets. , while the total return for the last 3 years was 2.8%.
Check SPDR SP Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP 600 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR SP 600 Currency Exposure
SPDR SP 600 holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR SP will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR SP 600.
Top SPDR SP 600 Etf Constituents
| LITE | Lumentum Holdings | Stock | Information Technology | |
| AEIS | Advanced Energy Industries | Stock | Information Technology | |
| CCOI | Cogent Communications Group | Stock | Communication Services | |
| KNSL | Kinsale Capital Group | Stock | Financials | |
| FCFS | FirstCash | Stock | Financials | |
| IBKR | Interactive Brokers Group | Stock | Financials | |
| HOMB | Home BancShares | Stock | Financials | |
| VAC | Marriot Vacations Worldwide | Stock | Consumer Discretionary |
SPDR SP Top Holders
| SQEW | Two Roads Shared | Etf | Mid-Cap Blend | |
| ETFCX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation | |
| HASIX | Horizon Active Asset | Mutual Fund | Tactical Allocation | |
| HASAX | Horizon Active Asset | Mutual Fund | Tactical Allocation | |
| GPSTX | Guidepath Growth Allocation | Mutual Fund | World Large-Stock Blend | |
| GISRX | Guidepath Growth Allocation | Mutual Fund | World Large-Stock Blend | |
| ETFOX | Stadion Tactical Growth | Mutual Fund | Tactical Allocation | |
| AAANX | Horizon Active Asset | Mutual Fund | Tactical Allocation |
SPDR SP 600 Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0932 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0196 |
SPDR SP Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SP 600. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of SPDR SP 600 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.