SPSM - ETF AI Analysis
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SPDR Portfolio S&P 600 Small Cap ETF (SPSM)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past month, quarter, and year-to-date, indicating solid recent momentum in its small-cap holdings.
Broad Sector Diversification
Holdings are spread across many sectors such as financials, industrials, technology, consumer cyclical, and health care, which helps reduce the impact of weakness in any single industry.
Very Low Expense Ratio
The fund’s expense ratio is quite low, meaning investors keep more of the ETF’s returns instead of paying high management fees.
Negative Factors
High U.S. Market Concentration
Almost all of the ETF’s assets are invested in U.S. companies, offering little geographic diversification if the U.S. market struggles.
Small-Cap Volatility Risk
Because the fund focuses on small-cap stocks, it can be more sensitive to market swings and economic slowdowns than large-cap funds.
Top Holdings in Similar Areas
Several of the largest positions are in technology and related industries, which can increase risk if that part of the market weakens.
SPSM vs. SPDR S&P 500 ETF (SPY)
AUM15.15B
RegionNorth America
Expense Ratio0.03%
Beta0.97
IssuerSPDR
Inception DateJul 08, 2013
Dividend Yield1.45%
Asset ClassEquity
Index TrackedS&P Small Cap 600
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,679,715
30 Day Avg. Volume2,613,737
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
59.34Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering604
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPSM Summary
SPSM is the SPDR Portfolio S&P 600 Small Cap ETF, which follows the S&P SmallCap 600 Index. It invests in many smaller U.S. companies across different industries like financials, industrials, and technology. These are firms that are earlier in their growth journey and can be more nimble than large, well-known corporations. Well-known holdings include Match Group and Eastman Chemical. Investors might consider SPSM to seek long-term growth and to diversify beyond big-name stocks. However, small-company stocks can be more volatile, so the ETF’s price can move up and down more sharply than the overall market.
How much will it cost me?The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) has an expense ratio of 0.03%, meaning you’ll pay $0.30 per year for every $1,000 invested. This is much lower than average because it’s a passively managed fund that tracks an index, which typically costs less to operate than actively managed funds.
What would affect this ETF?The SPSM ETF, which focuses on small-cap U.S. companies, could benefit from economic growth and innovation in sectors like technology and industrials, as these industries are among its largest exposures. However, small-cap stocks are often more sensitive to rising interest rates and economic slowdowns, which could negatively impact the ETF's performance. Regulatory changes or sector-specific challenges, such as shifts in healthcare policy or fluctuations in energy prices, may also influence its future returns.
SPSM Top 10 Holdings
SPSM’s story right now is all about nimble U.S. small caps, with a clear tilt toward tech and industrial names. Chip-testing specialist FormFactor and networking player Viavi Solutions are rising and helping to pull the fund higher, joined by steady contributors like Semtech and contract manufacturer Sanmina. Infrastructure-focused Primoris and power-project builder Argan add an industrial backbone that’s been quietly working in the fund’s favor. Eastman Chemical, while more of an old-school materials name, looks relatively steady, so there’s no single stock clearly dragging the ETF at the moment.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Formfactor | 0.68% | $103.03M | $11.57B | 425.95% | 68 Neutral | |
| Viavi Solutions | 0.62% | $93.22M | $10.68B | 348.06% | 71 Outperform | |
| Sanmina-Sci | 0.58% | $87.49M | $9.83B | 124.30% | 79 Outperform | |
| Semtech | 0.58% | $87.07M | $9.79B | 259.03% | 69 Neutral | |
| Primoris Services | 0.56% | $84.33M | $9.36B | 190.26% | 75 Outperform | |
| Argan | 0.54% | $82.20M | $9.16B | 341.81% | 73 Outperform | |
| Lumen Technologies | 0.53% | $79.47M | $9.28B | 169.76% | 55 Neutral | |
| Element Solutions | 0.52% | $78.91M | $9.25B | 85.00% | 65 Neutral | |
| Match Group | 0.52% | $78.41M | $8.30B | 18.12% | 66 Neutral | |
| ViaSat | 0.52% | $77.91M | $8.50B | 621.80% | 56 Neutral |
SPSM Technical Analysis
Positive
―
Price Trends
49.82
Positive
49.23
Positive
47.09
Positive
Market Momentum
1.09
Negative
71.58
Negative
79.75
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPSM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 50.65, equal to the 50-day MA of 49.82, and equal to the 200-day MA of 47.09, indicating a bullish trend. The MACD of 1.09 indicates Negative momentum. The RSI at 71.58 is Negative, neither overbought nor oversold. The STOCH value of 79.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPSM.
SPSM Peer Comparison
Comparison Results
Performance Comparison
SPSM
SPDR Portfolio S&P 600 Small Cap ETF
53.02
14.57
37.89%
IJR
iShares Core S&P Small Cap ETF
―
―
―
VB
Vanguard Small-Cap ETF
―
―
―
IWM
iShares Russell 2000 ETF
―
―
―
SCHA
Schwab U.S. Small-Cap ETF
―
―
―
VIOO
Vanguard S&P Small-Cap 600 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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