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SLYG - ETF AI Analysis

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SLYG

SPDR S&P 600 Small Cap Growth ETF (SLYG)

Rating:69Neutral
Price Target:
SLYG, the SPDR S&P 600 Small Cap Growth ETF, has a solid overall rating supported by several strong holdings like Sanmina and Zurn Water Solutions, which benefit from robust financial performance, positive earnings calls, and strategic acquisitions that point to healthy growth potential. Other contributors such as Primoris Services and Armstrong World also add strength through solid revenues and profitability, even though some show signs of high valuations or bearish technical trends. The main risk factor is that a few holdings like ViaSat face profitability and leverage challenges, and several top positions appear potentially overvalued, which could increase volatility for investors.
Positive Factors
Strong Recent Performance
The ETF has shown solid gains over the year and in recent months, indicating positive momentum in its small-cap growth holdings.
Broad Sector Diversification
Holdings are spread across many sectors like technology, industrials, health care, and financials, which helps reduce the impact if one industry struggles.
Low Expense Ratio
The fund’s relatively low annual fee means more of the investment returns stay in investors’ pockets over time.
Negative Factors
Heavy U.S. Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little diversification across global markets.
Small-Cap Growth Volatility
Because it focuses on smaller, growth-oriented companies, the fund can be more volatile and sensitive to market downturns than large-cap or value-focused funds.
Sector Tilts Increase Risk
Large weights in sectors like technology and industrials mean the fund could be hit harder if these areas of the market weaken.

SLYG vs. SPDR S&P 500 ETF (SPY)

SLYG Summary

SLYG is the SPDR S&P 600 Small Cap Growth ETF, which follows the S&P SmallCap 600 Growth Index. It invests in many smaller U.S. companies that are trying to grow quickly, across areas like technology, industrials, and health care. Examples of holdings include TTM Technologies and Arrowhead Pharmaceuticals. Someone might invest in SLYG to seek long-term growth and to diversify beyond large, well-known stocks by owning a basket of up-and-coming businesses. A key risk is that small growth stocks can be very volatile, so the ETF’s price can rise and fall more sharply than the overall market.
How much will it cost me?The SPDR S&P 600 Small Cap Growth ETF (SLYG) has an expense ratio of 0.15%, meaning you’ll pay $1.50 per year for every $1,000 invested. This is lower than average for ETFs because it is passively managed, tracking the S&P SmallCap 600 Growth Index rather than relying on active stock picking.
What would affect this ETF?SLYG could benefit from a strong U.S. economy, as its focus on small-cap growth companies in sectors like Industrials and Technology aligns with innovation and infrastructure trends. However, rising interest rates or economic slowdowns may negatively impact small-cap stocks, which are often more sensitive to borrowing costs and market volatility. Regulatory changes or sector-specific challenges in areas like Health Care or Financials could also influence the ETF's performance.

SLYG Top 10 Holdings

SLYG’s story is all about small, fast-moving U.S. names, with a clear tilt toward tech and industrials. FormFactor and Esco Technologies have been the real engines lately, rising on upbeat earnings and strong momentum. Moog and Primoris are also helping, with steady gains tied to aerospace and infrastructure themes. On the flip side, SiTime and Sanmina look like they’re losing steam, and JBT Marel has been notably weak, quietly tugging on returns. Overall, the fund is diversified across many small caps but still leans heavily on a handful of tech-driven growers.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Viavi Solutions1.07%$42.02M$8.54B274.14%
71
Outperform
Formfactor1.04%$41.02M$8.04B326.81%
68
Neutral
Primoris Services1.02%$40.06M$7.99B180.71%
75
Outperform
Esco Technologies0.96%$37.90M$7.57B105.90%
70
Neutral
Sanmina-Sci0.96%$37.71M$7.11B93.48%
79
Outperform
Armstrong World0.95%$37.52M$7.07B26.37%
77
Outperform
JBT Marel0.91%$35.90M$6.51B20.74%
73
Outperform
Zurn Water Solutions0.89%$35.08M$7.51B51.84%
79
Outperform
Federal Signal0.89%$34.80M$6.65B53.08%
76
Outperform
ViaSat0.87%$34.26M$7.29B503.26%
56
Neutral

SLYG Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
98.98
Negative
100DMA
97.21
Positive
200DMA
94.46
Positive
Market Momentum
MACD
-0.73
Negative
RSI
52.68
Neutral
STOCH
82.81
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SLYG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 96.22, equal to the 50-day MA of 98.98, and equal to the 200-day MA of 94.46, indicating a neutral trend. The MACD of -0.73 indicates Negative momentum. The RSI at 52.68 is Neutral, neither overbought nor oversold. The STOCH value of 82.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SLYG.

SLYG Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$4.02B0.15%
69
Neutral
$9.34B0.25%
67
Neutral
$7.64B0.18%
64
Neutral
$6.57B0.18%
69
Neutral
$1.19B0.06%
64
Neutral
$853.60M0.10%
69
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SLYG
SPDR S&P 600 Small Cap Growth ETF
98.02
23.96
32.35%
FNDA
Schwab Fundamental US Small Co. Index ETF
IJS
iShares S&P Small-Cap 600 Value ETF
IJT
iShares S&P Small-Cap 600 Growth ETF
VTWG
Vanguard Russell 2000 Growth ETF
VIOG
Vanguard S&P Small-Cap 600 Growth ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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