Expense Ratio
The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.
Learn more →State Street® SPDR® US Small Cap Low Volatility Index ETFSMLV$150.96+$0.93(+0.62%)as of 2026-10-01
Expense0.12%Net Assets$237.6MYTD+15.12%
State Street (SPDR)Equity
NAV
$150.96
Net Assets
$237.6M
Expense Ratio
0.12%
YTD
+15.12%
1Y
+16.69%
3Y CAGR
+15.54%
5Y CAGR
+5.84%
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. small capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time.
Price History1,363 daily observations
Price History▲ 16.38% over 1Y
Monthly Returns
Year-to-Date ROI
Historical Volatility
Returns PerformanceTrailing total returns
| YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| +15.12% | +16.69% | +15.54% | +5.84% |
Expense Ratio
Net (after waivers)0.12%
Gross (before waivers)0.12%
Net expense ratio reflects fee waivers and reimbursements actually paid by investors. Gross is the full management cost.
AI Summary
us-etfStrengths1
- Expense ratio of 0.12% is below the Equity median of 0.35%
Concerns0
Rule-based from financial data. Not advice.
Sector Allocation13 sectors
Financial Services26.51%
Unclassified Equity25.15%
Industrials10.81%
Real Estate8.54%
Technology8.28%
Consumer Cyclical6.28%
Healthcare4.79%
Basic Materials2.51%
Consumer Defensive2.08%
Communication Services1.55%
Energy1.38%
Utilities1.24%
Fixed Income / Cash0.07%
Top 10 Holdings ConcentrationWhat share of the fund the largest 10 positions occupy
Top 10 Weight
5.7%
Total Holdings
404
Verdict
broadly diversified
Top Holdings200 of 404 loaded
💡Reading the Holdings Table
The Weight column shows how much of the ETF's assets sit in each constituent. The Allocation bar scales each weight to the largest position so you can see relative concentration at a glance, and the Cumul. column tracks the running total, a fast read on how top-heavy this ETF is. The top 10 holdings account for 5.7% of assets. Click any constituent name to open its US stock detail page.
📖 Learn: Diversification & Asset Allocation →| # | Holding | Sector | Allocation | Weight | Cumul. |
|---|---|---|---|---|---|
| 1 | PHILLIPS EDISON + COMPANY INPECO | Real Estate | 0.64% | 0.6% | |
| 2 | NORTHWESTERN ENERGY GROUP INNWE | Unclassified Equity | 0.62% | 1.3% | |
| 3 | HORACE MANN EDUCATORSHMN | Financial Services | 0.59% | 1.9% | |
| 4 | AMERICAN STATES WATER COAWR | Utilities | 0.58% | 2.4% | |
| 5 | CITY HOLDING COCHCO | Financial Services | 0.58% | 3.0% | |
| 6 | ATLANTA BRAVES HOLDINGS IN CBATRK | Communication Services | 0.56% | 3.6% | |
| 7 | MCGRATH RENTCORPMGRC | Industrials | 0.54% | 4.1% | |
| 8 | NELNET INC CL ANNI | Financial Services | 0.52% | 4.6% | |
| 9 | FOUR CORNERS PROPERTY TRUSTFCPT | Real Estate | 0.52% | 5.2% | |
| 10 | LANDSTAR SYSTEM INCLSTR | Industrials | 0.51% | 5.7% | |
| 11 | FLOWERS FOODS INCFLO | Unclassified Equity | 0.51% | 6.2% | |
| 12 | SAFETY INSURANCE GROUP INCSAFT | Financial Services | 0.51% | 6.7% | |
| 13 | SELECTIVE INSURANCE GROUPSIGI | Unclassified Equity | 0.50% | 7.2% | |
| 14 | SPIRE INCSR | Unclassified Equity | 0.50% | 7.7% | |
| 15 | NEW JERSEY RESOURCES CORPNJR | Unclassified Equity | 0.49% | 8.2% | |
| 16 | WHITE MOUNTAINS INSURANCE GPWTM | Unclassified Equity | 0.47% | 8.6% | |
| 17 | COMMUNITY TRUST BANCORP INCCTBI | Financial Services | 0.47% | 9.1% | |
| 18 | CHEMED CORPCHE | Unclassified Equity | 0.47% | 9.6% | |
| 19 | POST HOLDINGS INCPOST | Unclassified Equity | 0.46% | 10.0% | |
| 20 | AVISTA CORPAVA | Utilities | 0.46% | 10.5% | |
| Total (top 20) | 10.5% | ||||
Holdings Overlap with Your Portfolio
Checking for overlaps...
Investment CalculatorSee what investing in SMLV might be worth
$
You invest
$10,000
Estimated gain
$7,633
Final value
$17,633
Projections assume returns compound at the chosen CAGR consistently for 10 years, actual returns will vary year-to-year. Past performance is not a guarantee of future results.
Key Concepts to UnderstandFive things that drive ETF performance more than anything else
Net Assets (AUM)
Total money the ETF manages. Larger AUM usually means tighter bid-ask spreads and lower closure risk. ETFs under $50M are sometimes liquidated by the issuer.
Learn more →NAV
Net Asset Value, the per-share value of everything the ETF owns minus what it owes, calculated end-of-day. The trading price can drift slightly above (premium) or below (discount) NAV during the day.
Learn more →Tracking Error
How closely the ETF's returns match its benchmark. Index ETFs aim for near-zero tracking error; high tracking error in an index fund usually signals fees, sampling, or poor management.
Learn more →Total Return
Capital gain + reinvested dividends. The headline price chart only shows the price part, total return is what you actually pocket, and is the only fair way to compare ETFs across asset classes.
Learn more →Similar ETFs
About This ETF
Provider
State Street (SPDR)
Asset Class
Equity
Inception Date
Feb 20, 2013
Top Sector
Financial Services (26.5%)
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to measure the performance of the stocks of U.S. small capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stock's price over time.
US ETF data is for educational purposes only. Past performance does not guarantee future returns. Exchange-traded funds carry market risk and may lose value. Read the prospectus and consult a registered investment advisor before investing. Equiscale does not provide investment advice.