State Street SPDR S&P 1500 Value Tilt ETF (VLU)
State Street SPDR S&P 1500 Value Tilt ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $248.77, up 0.19% on the session, giving a market capitalisation of $743.0M. Its beta of 0.88 implies it has historically moved less than the broad market.
The State Street SPDR S&P 1500 Value Tilt ETF is designed to mirror the total return performance of the S&P1500 Low Valuation Tilt Index, before deducting its own operational fees and costs. This underlying index strategically allocates a greater portion of its holdings to companies with comparatively lower valuations, while simultaneously reducing its exposure to those considered to have higher valuations. To pinpoint robust value characteristics, the index evaluates stocks based on several key financial indicators: their price-to-book ratio, price-to-earnings ratio, price-to-cash flow ratio, price-to-sales ratio, and the dividends they pay.
State Street SPDR S&P 1500 Value Tilt ETF is most often compared with the following Financial Services names: