SMLV
State Street SPDR US Small Cap Low Volatility Index ETF·NYSE
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Key Stats
Assets Under Management
220.14MUSD
Fund Flows (1Y)
-2.09MUSD
Dividend Yield
2.49%
Discount/Premium to NAV
0.02%
Shares Outstanding
1.53M
Expense Ratio
0.12%
About State Street SPDR US Small Cap Low Volatility Index ETF
Issuer
State Street Global Advisors
Brand
SPDR
Inception Date
Feb 20, 2013
Structure
Open-Ended Fund
Index Tracked
State Street US Small 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)
SMLV offers a low-volatility take on the US small-cap market. Basically, the fund applies a volatility optimizer to the Russell 2000 Index. SMLV aims for optimal low-volatility exposure by screening out other technical factors like momentum and beta while keeping turnover in check. Notably, the fund looks little like the broad small-cap market and comes with strong sector biases, with a significant exposure to financials. All in all, SMLV offers a valid take on the space, but investors should trade with limit orders and monitor asset levels. Note: Prior to December 13, 2016, the fund was called SPDR Russell 2000 Low Volatility ETF and tracked the Russell 2000 Low Volatility Index.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Small Cap
Niche
Broad-based
Strategy
Low Volatility
Geography
U.S.
Weighting Scheme
Technical
Selection Criteria
Technical
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +7.35% | +12.38% | +9.35% | +6.72% | +25.55% | +39.18% |
NAV Total Return | +5.89% | +13.25% | +8.20% | +8.33% | +34.67% | +53.00% |
Ratings
No data is currently available
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Holdings Analysis
Sector
Financial Services
30.67%
Industrials
15.20%
Technology
11.48%
Real Estate
9.60%
Consumer Cyclical
8.42%
Healthcare
8.19%
Consumer Defensive
5.56%
Utilities
4.24%
Basic Materials
2.91%
Financial Services
30.67%
Industrials
15.20%
Technology
11.48%
Real Estate
9.60%
Consumer Cyclical
8.42%
Healthcare
8.19%
Consumer Defensive
5.56%
Utilities
4.24%
Basic Materials
2.91%
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Asset
Region
97.43%
1.29%
0.7%
0.48%
0.11%
Category
Ratio
North America
97.43%
Latin America
1.29%
Africa/Middle East
0.70%
Europe
0.48%
Asia
0.11%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Micro-Cap Blend
Includes micro-cap companies with both value and growth attributes. These ETFs offer exposure to the smallest market cap firms with balanced financial characteristics.
Top 10 Holdings
Symbol
Ratio
TTMI
TTM Technologies
0.76%
AGX
Argan
0.70%
NWE
NorthWestern
0.70%
TXNM
TXNM Energy
0.69%
PECO
Phillips Edison
0.69%
BFC
Bank First
0.62%
BKH
Black Hills
0.61%
SON
Sonoco Products
0.61%
SXT
Sensient Technologies
0.60%
CHCO
City Holding
0.60%
Top 10 Weight 6.59%
397 Total Holdings
Is SPY better than SMLV?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-22 | 2025-09-22 | 2025-09-24 | 0.873 |
| 2025-06-23 | 2025-06-23 | 2025-06-25 | 0.833 |
| 2025-03-24 | 2025-03-24 | 2025-03-26 | 0.852 |
| 2024-12-20 | 2024-12-20 | 2024-12-24 | 1.075 |
| 2024-09-20 | 2024-09-20 | 2024-09-24 | 0.891 |
| 2024-06-21 | 2024-06-21 | 2024-06-25 | 0.900 |
| 2024-03-15 | 2024-03-18 | 2024-03-20 | 0.555 |
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How Much Does SMLV Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy SMLV?
Fund Flows
