SPDR Russell is trading at 59.06 as of the 28th of November 2024, a 0.29 percent down since the beginning of the trading day. The etf's lowest day price was 58.97. SPDR Russell has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for SPDR Russell Small are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index. SPDR Mid is traded on NYSEARCA Exchange in the United States. The company has 15.3 M outstanding shares of which 1.9 M shares are at this time shorted by private and institutional investors with about 20.9 trading days to cover. More on SPDR Russell Small
State Street Global Advisors Funds Distributors, LLC
Portfolio Manager
Michael Feehily, Karl Schneider, Mark Krivitsky
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
31-May
Exchange
NYSE Arca, Inc.
Number of Constituents
431
Market Maker
Citadel
Total Expense
0.03
Management Fee
0.03
Country Name
USA
Returns Y T D
23.58
Name
SPDR Russell Small Cap Completeness
Currency Code
USD
Open Figi
BBG000KMBFP5
In Threey Volatility
20.24
1y Volatility
16.04
200 Day M A
52.7862
50 Day M A
55.5426
Code
SPMD
Updated At
26th of November 2024
Currency Name
US Dollar
SPDR Russell Small [SPMD] is traded in USA and was established 2005-11-08. The fund is listed under Mid-Cap Blend category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Mid Cap ETFs. SPDR Russell Small at this time have 4.68 B in assets. , while the total return for the last 3 years was 7.4%.
SPDR Russell Small currently holds about 105 M in cash with 288 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.71.
Check SPDR Russell Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR Russell Small Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Russell. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether SPDR Russell Small is a strong investment it is important to analyze SPDR Russell's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR Russell's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Russell Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR Russell Small is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Russell's value that differs from its market value or its book value, called intrinsic value, which is SPDR Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Russell's market value can be influenced by many factors that don't directly affect SPDR Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Russell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.