ESIX

SPDR S&P SmallCap 600 ESG ETF

ESIX tracks a market-cap-weighted index of US small-cap companies screened for environmental, social, and governance (ESG) factors.


US

EQUITY

Rules-Based

MANAGEMENT STYLE

12 bp

EXPENSES

$5.0 M

ASSETS UNDER MGMT

FACTOR SCORECARD

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Fund Basics
Fund sponsorState Street
CategoryUS
Asset classEquity
Websitelink...
Inception dateJan 10, 2022
Assets (mns)$5
Expense ratio12 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsQuarterly
Taxation1099
Stock selectionPrinciples-based
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableNo
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
ABERCROMBIE & FITCH CO-CL A 1.2 %
FABRINET 1.1 %
ALLEGHENY TECHNOLOGIES INC 0.8 %
SPS COMMERCE INC 0.8 %
ENSIGN GROUP INC/THE 0.8 %
MUELLER INDUSTRIES INC 0.8 %
MERITAGE HOMES CORP 0.7 %
GLAUKOS CORP 0.7 %
BADGER METER INC 0.7 %
INSIGHT ENTERPRISES INC 0.7 %
Constituent Breakdown
Number of holdings396
Herfindahl-Hirschman Index 37
Wgt avg mkt cap (mns)$3,196
Large cap (>$10bn)0.0%
Mid cap ($2-10bn)71.5%
Small cap (<$2bn)28.5%
Developed mkts.100.0%
Emerging mkts.0.0%
Country Exposure
UNITED STATES 93.4 %
CAYMAN ISLANDS 1.1 %
BERMUDA 1.1 %
PUERTO RICO 0.8 %
IRELAND 0.5 %
Historical Performance


Standardized Performance (as of 05/31/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 2.7% 23.8% 7.1% -- -- -- 3.7%
Volatility 17.2% 18.6% 21.1% -- -- -- --
Market Correlations
versus...BetaR-squared
S&P 5001.0676%
MSCI EAFE1.0166%
MSCI Emg Mkts0.6933%
Liquidity Measures
Avg. volume (000)1
Turnover0.6%
Avg. Bid/Ask (% of price)0.26%
ADV of underlying (mns)$8,252
Technical Indicators
Recent close$28.53
30d moving avg.$29.00
Annualized volatility23.2%
Relative strength (RSI)51
Short interest (ETF)2.4%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: ESIX vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
0.9 13.0 1.4 2.2% --
Based on closing prices from 6/14/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
ESIX



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Fund Rating

Our measure of an ETF's overall investment merit

ALTAR Score™

ESIX

8.2%

Cat. Avg

5.8%

Fund Category: US

Avg. Return on Equity--%
Divided by: Fwd. P/BV--x
Less: Expenses-- bp
Equals: ALTAR Score™8.2%
Recommendation

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

Category Overview
There are 892 funds in the US category, with an average ALTAR Score™ of 5.8% and a standard deviation of 2.8%. ESIX's ALTAR Score™ is approximately 0.9 standard deviations above the category average. This places ESIX in the 81st percentile among funds in the category.
Consensus Recommendation

Sell-side recommendations on the ETF's individual constituents

Composite
ESIX
Peer Average
SELL
U/W
HOLD
O/W
BUY



Recent Trends


Breakdown

 

Market Activity
Latest price
Change
Volume
Bid/Ask Spread
Update
Today's Trading

Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
ESIX 12.0 25.9 37.9
Peer Avg. -- -- --
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .