Symbols

LGLV

State Street SPDR US Large Cap Low Volatility Index ETF·NYSE

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Key Stats

Assets Under Management

1.11BUSD

Fund Flows (1Y)

267.21MUSD

Dividend Yield

1.92%

Discount/Premium to NAV

-0.01%

Shares Outstanding

6.20M

Expense Ratio

0.12%

About State Street SPDR US Large Cap Low Volatility Index ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-us-large-cap-low-volatility-index-etf-lglv

Inception Date

Feb 20, 2013

Structure

Open-Ended Fund

Index Tracked

State Street US Large Cap Low Volatility Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

LGLV joins the low-volatility fray, offering a portfolio of the least volatile large-cap stocks in the US equity market. The fund differentiates itself from rival SPLV by drawing its holdings from the broader Russell 1000 Index and applying a volatility optimizer. LGLV aims for optimal low-volatility exposure by screening out other technical factors like momentum and beta while keeping turnover in check. Unlike other competitors, the fund comes with some sector biases and looks little like the broad large-cap market. The index is rebalanced quarterly. Note: On or about December 12, 2016, the underlying index changed to the SSGA US Large Cap Low Volatility Index.