SPTM

State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF

$80.36
+0.00%
Market closed. Last update: 2:19 AM ET

📎 Investment Objective

The SPDR Portfolio S&P 1500 Composite Stock Market ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Composite 1500 Index.

Overview

ETF tracking State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF

Category Large Cap
Issuer State Street
Inception Date 2008-11-07
Market Cap $11.8B
Average Volume N/A
Dividend Yield 1.16%
52-Week Range $60.34 - $84.42
VWAP $80.70

Performance

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Investment Summary

📎 Investment Objective

The SPDR Portfolio S&P 1500 Composite Stock Market ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Composite 1500 Index.

🎯 Investment Strategy

The fund employs a passive management strategy, investing in a representative sample of securities included in the S&P Composite 1500 Index to seek to track the performance of the index. The index covers approximately 90% of the U.S. equity market capitalization.

✨ Key Features

  • Broad exposure to the U.S. equity market across large, mid, and small-cap stocks
  • Low-cost index tracking approach with an expense ratio of 0.00%
  • Diversified portfolio of over 1,500 stocks providing exposure to the overall U.S. stock market
  • Potential for long-term capital appreciation by tracking the performance of the broad U.S. equity market

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the stock market, which has historically been volatile
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Concentration risk: The fund's broad exposure to the U.S. equity market makes it susceptible to overall market movements
  • Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the fund at the desired price

👤 Best For

The SPDR Portfolio S&P 1500 Composite Stock Market ETF may be suitable for long-term investors seeking broad exposure to the U.S. equity market as part of a diversified portfolio. It may be particularly appropriate for investors with a moderate to high-risk tolerance who are looking for a low-cost, passively managed fund to provide exposure to the overall U.S. stock market.