SMLV
State Street SPDR US Small Cap Low Volatility Index ETF
SPDR Russell 2000 Low Volatility ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 2000 Low Volatility Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 214.5 M
ASSETS UNDER MGMT
12 bp
EXPENSES
Fund Basics
| Inception date | Feb 20, 2013 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| SAPIENS INTERNATIONAL CORP | 76.6 % |
| ARGAN INC | 0.9 % |
| TTM TECHNOLOGIES | 0.8 % |
| CRANE HOLDINGS, CO. | 0.7 % |
| PHILLIPS EDISON & COMPANY, INC. | 0.7 % |
| NORTHWESTERN CORP | 0.7 % |
| PNM RESOURCES INC | 0.7 % |
| SONOCO PRODUCTS CO | 0.7 % |
| SENSIENT TECHNOLOGIES CORP | 0.7 % |
| BLACK HILLS CORP | 0.6 % |
Constituent Breakdown
| Number of holdings | 379 |
| Herfindahl-Hirschman Index | 5,905 |
| Wgt avg mkt cap (mns) | $589,274 |
| Large cap (>$10bn) | 76.9% |
| Mid cap ($2-10bn) | 39.5% |
| Small cap (<$2bn) | 55.0% |
| Developed mkts. | 170.6% |
| Emerging mkts. | 0.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 92.3 % |
 |
ISRAEL | 77.6 % |
 |
CAYMAN ISLANDS | 0.9 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 8.0% | 8.1% | 14.0% | 8.0% | 5.7% | 7.0% | -- | 6.9% |
| Dividend Yield | 0.0% | 3.1% | 3.3% | 3.1% | 2.8% | 3.6% | -- | 3.5% |
| Total Returns | 8.0% | 11.2% | 17.3% | 11.1% | 8.5% | 10.6% | -- | 10.4% | Ann. Volatility | 15.0% | 18.8% | 19.6% | 19.3% | 18.4% | 20.9% | -- | 19.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.71 | 54% |
| MSCI EAFE | 0.76 | 44% |
| MSCI Emg Mkts | 0.59 | 32% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $1 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.34% |
Technical Indicators
| 30d moving avg. (EMA) | $140.68 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 1.23/1.61 |
| Bollinger Bands (Upper/Lower) | $144.92/$139.90 |
| Short interest (% of AUM) | 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
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SMLV |
Expenses vs. SMLV |
ALTAR Score™ vs. SMLV |
|---|---|---|---|---|
| VTWG | Vanguard Russell 2000 Growth ETF | 33.9% | -2 bp | -2.2% |
| CSA | VictoryShares US Small Cap Volatility Wtd ETF | 32.6% | +23 bp | +3.4% |
| VTWO | Vanguard Russell 2000 ETF | 30.3% | -5 bp | -0.3% |
| DES | WisdomTree U.S. SmallCap Dividend Fund | 28.4% | +26 bp | +5.0% |
| TPSC | Timothy Plan US Small Cap Core ETF | 27.2% | +40 bp | +3.6% |
| AVSC | Avantis U.S Small Cap Equity ETF | 26.6% | +13 bp | +1.5% |
| ROSC | Hartford Multifactor Small Cap ETF | 26.0% | +22 bp | +4.4% |
| JPSE | JPMorgan Diversified Return U.S. Small Cap Equity ETF | 25.9% | +17 bp | +3.6% |
| ISMD | Inspire Small/Mid Cap ETF | 25.8% | +42 bp | +2.2% |
| FLQS | Franklin U.S. Small Cap Multifactor Index ETF | 24.9% | +23 bp | +3.2% |
Risk and Returns: SMLV 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.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 | --% |
Based on closing prices from 3/6/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.7%
ALTAR SCORE™
18th
PERCENTILE
AVOID
ETFRC RATING
There are 1,194 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.0%. SMLV's ALTAR Score™ is approximately -0.9 standard
deviations above the category average. This places SMLV in the 18th percentile
among funds in the category.
Sell-Side Consensus
$164.52
PRICE TARGET
+17.3%
UPSIDE