SLYG
State Street SPDR S&P 600 Small Cap Growth ETF
📎 Investment Objective
The SPDR S&P 600 Small Cap Growth ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P SmallCap 600 Growth Index.
Overview
ETF tracking State Street SPDR S&P 600 Small Cap Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P 600 Small Cap Growth ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P SmallCap 600 Growth Index.
🎯 Investment Strategy
The fund employs a passive management strategy, investing in a representative sample of securities included in the underlying index to seek to track the performance of the index.
✨ Key Features
- Provides exposure to small-capitalization U.S. companies with strong growth characteristics
- Tracks the S&P SmallCap 600 Growth Index, which measures the performance of the growth segment of the S&P SmallCap 600 Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Risks associated with investing in small-cap stocks, including higher volatility and lower liquidity
- Potential for underperformance compared to the broader small-cap market or other growth-oriented strategies
- Concentration in the growth segment of the small-cap market
- Passive management approach, which may not adapt well to changing market conditions
👤 Best For
This ETF may be suitable for investors seeking exposure to the growth segment of the small-cap U.S. equity market as part of a diversified portfolio. It may be most appropriate for investors with a higher risk tolerance and a longer-term investment horizon.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | SPXC | SPX TECHNOLOGIES INC | 1.46% | - |
| 2 | IDCC | INTERDIGITAL INC | 1.25% | - |
| 3 | DY | DYCOM INDUSTRIES INC | 1.14% | - |
| 4 | AWI | ARMSTRONG WORLD INDUSTRIES | 1.12% | - |
| 5 | CORT | CORCEPT THERAPEUTICS INC | 0.99% | - |
| 6 | ZWS | ZURN ELKAY WATER SOLUTIONS C | 0.97% | - |
| 7 | FSS | FEDERAL SIGNAL CORP | 0.93% | - |
| 8 | SITM | SITIME CORP | 0.88% | - |
| 9 | EPRT | ESSENTIAL PROPERTIES REALTY | 0.85% | - |
| 10 | RHP | RYMAN HOSPITALITY PROPERTIES | 0.83% | - |
| 11 | MIR | MIRION TECHNOLOGIES INC | 0.82% | - |
| 12 | IBP | INSTALLED BUILDING PRODUCTS | 0.82% | - |
| 13 | SMTC | SEMTECH CORP | 0.82% | - |
| 14 | MOG.A | MOOG INC CLASS A | 0.80% | - |
| 15 | ESE | ESCO TECHNOLOGIES INC | 0.78% | - |