VLU
State Street SPDR S&P 1500 Value Tilt ETF
The SPDR S&P 1500 Value Tilt 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 S&P 1500 Low Valuation Tilt Index.
US
EQUITY
Passive
MANAGEMENT STYLE
542.8 M
ASSETS UNDER MGMT
12 bp
EXPENSES
Fund Basics
| Fund sponsor | SSgA Funds Management Inc |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 24, 2012 |
| Assets (mns) | $543 |
| Expense ratio | 12 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| AMAZON.COM INC | 3.6 % |
| MICROSOFT CORP | 2.1 % |
| ALPHABET INC. CLASS C | 2.0 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.9 % |
| APPLE INC | 1.9 % |
| EXXON MOBIL CORP | 1.7 % |
| BANK OF AMERICA CORP | 1.6 % |
| WAL-MART STORES INC | 1.6 % |
| JPMORGAN CHASE & CO | 1.5 % |
| VERIZON COMMUNICATIONS INC | 1.4 % |
Constituent Breakdown
| Number of holdings | 1440 |
| Herfindahl-Hirschman Index | 64 |
| Wgt avg mkt cap (mns) | $546,331 |
| Large cap (>$10bn) | 86.8% |
| Mid cap ($2-10bn) | 10.1% |
| Small cap (<$2bn) | 1.8% |
| Developed mkts. | 98.8% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 96.3 % |
 |
IRELAND | 1.2 % |
 |
BRITAIN | 0.7 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 11.7% | 12.2% | 20.9% | 13.7% | 15.4% | 9.8% | -- | 9.9% |
| Dividend Yield | 0.5% | 0.5% | 1.6% | 1.8% | 2.1% | 2.7% | -- | 3.1% |
| Total Returns | 12.2% | 12.8% | 22.5% | 15.5% | 17.5% | 12.5% | -- | 13.0% | Ann. Volatility | 17.9% | 17.3% | 14.5% | 14.5% | 16.1% | 19.6% | -- | 19.8% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.93 | 81% |
| MSCI EAFE | 0.61 | 45% |
| MSCI Emg Mkts | 0.43 | 26% |
Liquidity Measures
| Avg. volume (000) | 8 |
| ADV traded (mns) | $2 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| Recent close | $204.84 |
| 30d moving avg. | $204.18 |
| Annualized volatility | 13.4% |
| Relative strength (RSI) | 56 |
| Short interest | 0.2% |
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. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| FNDB | Schwab Fundamental US Broad Market Index ETF | 77.9% | +13 bp | +7.4% |
| PRF | Invesco FTSE RAFI US 1000 ETF | 77.6% | +27 bp | +6.8% |
| FNDX | Schwab Fundamental US Large Co. Index ETF | 75.5% | +13 bp | +7.3% |
| RWL | Invesco S&P 500 Revenue ETF | 70.7% | +27 bp | +6.8% |
| AVUS | Avantis U.S. Equity ETF | 66.7% | +3 bp | +5.7% |
| TILT | FlexShares Morningstar US Market Factor Tilt Index Fund | 66.5% | +13 bp | +5.6% |
| IUS | Invesco RAFI Strategic US ETF | 65.9% | +7 bp | +6.9% |
| JHML | John Hancock Multifactor Large Cap ETF | 65.7% | +17 bp | +5.3% |
| AVLC | Avantis U.S. Large Cap Equity ETF | 65.0% | +3 bp | +5.4% |
| GUSA | Goldman Sachs MarketBeta U.S. 1000 Equity ETF | 63.5% | -1 bp | +4.9% |
Risk and Returns: VLU 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 11/8/2025
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
VLU
7.5%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 996 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.4%. VLU's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places VLU in the 77th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
VLUSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive US Equity ETFs |
| # of ETFs | 217 |
| Avg. Expense Ratio | 31.1 bp |
| Std. Deviation | 25.2 bp |
| VLU (12 bp) Percentile rank | 22 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| VLU | 12.0 | 12.0 | 24.0 |
| Peer Avg. | 31.1 | 10.5 | 41.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .