State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM)
State Street SPDR Portfolio S&P 600 Small Cap ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $57.97, up 0.49% on the session, giving a market capitalisation of $17.34B. Its beta of 1.02 implies it has historically moved more than the broad market.
This Exchange Traded Fund (ETF) is designed to closely track the total return performance of the S&P SmallCap 600 Index, prior to accounting for fees and expenses. It offers investors an economical and extensive avenue for gaining exposure to the U.S. small-capitalization equity market. The underlying S&P SmallCap 600 Index implements a market capitalization weighting methodology, adjusted for publicly traded shares. Furthermore, this ETF belongs to the State Street SPDR Portfolio's collection of low-cost core ETFs, structured as fundamental components for constructing broadly diversified portfolios across major asset categories.
State Street SPDR Portfolio S&P 600 Small Cap ETF is most often compared with the following Financial Services names: