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ETFs

SPDR SSGA US Small Cap Low Volatility Index ETF

SMLV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 20 2013
Expense Ratio
0.12%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$536,992
AUM
$193,814,270
Associated Index
SSGA US Small Cap Low Volatility Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EQC
Equity Commonwealth
1.54%
WTM
White Mountains Insurance Group, Ltd.
0.85%
NEU
NewMarket Corp.
0.68%
CHCO
City Holding Co.
0.63%
ADC
Agree Realty Corp.
0.62%
MMS
Maximus Inc.
0.61%
MGEE
MGE Energy, Inc.
0.61%
GTY
Getty Realty Corp.
0.60%
SLGN
Silgan Holdings Inc.
0.60%
AWR
American States Water Co.
0.57%
Invest with SMLV

What is SMLV?

The SPDR SSGA US Small Cap Low Volatility Index ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Small Cap Low Volatility Index. The SSGA US Small Cap Low Volatility Index is designed to track the performance of U.S. small capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stocks price over time.

ETFs related toSMLV

ETFs correlated to SMLV include SMDV, DES, XSLV

SMLV
SPDR Series Trust - SPDR SSGA US Small Cap Low Volatility Index ETF
SMDV
ProShares Trust - ProShares Russell 2000 Div Growers ETF
DES
WisdomTree Trust - WisdomTree U.S. SmallCap Dividend Fund
XSLV
Invesco Capital Management LLC - Invesco S&P SmallCap Low Volatility ETF
CSB
Victory Portfolios II - VictoryShares US Small Cap High Div Volatility Wtd ETF
SVAL
iShares Trust - iShares US Small Cap Value Factor ETF
SMMV
iShares Trust - iShares MSCI USA Small-Cap Min Vol Factor ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
REGL
ProShares Trust - ProShares S&P MidCap 400 Div Aristocrats ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSMLV

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SMLV using Composer

FAQ

SMLV is a US Equities ETF. The SPDR SSGA US Small Cap Low Volatility Index ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the SSGA US Small Cap Low Volatility Index. The SSGA US Small Cap Low Volatility Index is designed to track the performance of U.S. small capitalization companies that exhibit low volatility. Volatility is a statistical measurement of the magnitude of movements in a stocks price over time.

SMLV tracks the SSGA US Small Cap Low Volatility Index.

No, SMLV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SMLV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SMLV is -0.0565%. This is the percent change in the value of SMLV over the most recent 1-month period. The 3-month return on SMLV is -0.0213%. This is the percent change in the value of SMLV over the most recent 3-month period.

The standard deviation of SMLV for the past year is 0.1919%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SMLV include USMV, SPLV, and DSI.

ETFs correlated to SMLV include SMDV, DES, and XSLV.

ETFs that are inversely correlated to SMLV include RWM, TWM, and TZA.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.