State Street SPDR MSCI USA StrategicFactors ETF (QUS)
State Street SPDR MSCI USA StrategicFactors ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $195.07, up 0.16% on the session, giving a market capitalisation of $1.57B. Its beta of 0.73 implies it has historically moved less than the broad market.
The State Street SPDR MSCI USA StrategicFactors ETF endeavors to replicate the overall return performance of the MSCI USA Factor Mix A-Series Capped Index (the "Index") before any fees or expenses are considered. This fund tracks a "Smart Beta" index designed to combine characteristics like low volatility, robust quality, and attractive valuation within a single, integrated strategy. The resulting portfolio aims to offer a lower-volatility approach, giving balanced attention to financially sound and undervalued companies. These multi-factor "smart beta" strategies bridge the divide between active and passive investment management, enabling investors to reassess their market exposures and potentially optimize risk-adjusted returns with greater efficiency.
State Street SPDR MSCI USA StrategicFactors ETF is most often compared with the following Financial Services names: