State Street SPDR Portfolio S&P 600 Small Cap ETF

Frequently Asked Questions About SPSM

What does SPSM invest in?

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.

What is the expense ratio of SPSM?

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPSM?

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) manages $15.75B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SPSM actively managed or an index fund?

SPSM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SPSM launched?

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) launched in July 2013 and is managed by SPDR.

How has SPSM performed?

SPSM's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.