ETF Analysis
State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) ETF Analysis
State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) currently has an AIQ Score of 61/100, indicating a neutral setup. Risk is the strongest factor at 82/100. Momentum is the weakest current factor at 52/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
SPSM at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $53.56 |
| AIQ Score | 61/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Neutral |
| Fund Size | $15.73B |
| Expense Ratio | 0.03% |
| Holdings Count | 610 |
| NAV | $52.80 |
| Asset Class | Equity |
| Primary Exposure | Financial Services (18.42%) |
| Issuer | SPDR |
| Domicile | US |
| Inception Date | Jul 8, 2013 |
| Distribution Yield | 1.56% |
| Beta | 1.04 |
| Average Volume | 1.79M |
| 52-week range | $43.66-$58.60 |
| RSI 14 | 53.45 |
| 50-Day SMA | $55.04 |
| 200-Day SMA | $53.19 |
| Risk Score | 82/100 |
| Momentum Score | 52/100 |
| Value Exposure Score | 57/100 |
SPSM Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | 14.92% | 14.93% | -9.97% | Oct 20, 2025 |
| 3Y | 52.55% | 15.11% | -28.66% | Oct 20, 2023 |
| 5Y | 20.13% | 3.75% | -28.66% | Oct 25, 2021 |
| 10Y | 20.13% | 3.75% | -28.66% | Oct 25, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
SPSMState Street SPDR Portfolio S&P 600 Small Cap ETF
Financial Services / Asset Management
Relative Leader / Watch
Strong Relative Position
Latest quote
- Momentum52
- Value57
- Quality61
- Risk resilience82
- Sentiment—
SPSM ETF Analysis Summary
State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) currently has an AIQ Score of 61/100, indicating a neutral setup. Risk resilience is the strongest factor at 82/100. Momentum is the weakest current factor at 52/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, SPSM has AIQ Score of 61/100 with Risk resilience base of 82/100 and fading Momentum at 52/100. Wait for component alignment before adding exposure.
Risk resilience (82/100) leads while Momentum (52/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 0.06% ETF move · SPSM classified in Asset Management.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is SPSM Bullish or Bearish Right Now?
SPSM currently has a neutral overall setup. Risk Resilience is the strongest factor at 82/100, while Momentum is weakest at 52/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Quality is supportive at 61/100.
- - Risk Resilience is supportive at 82/100.
- - No strong bearish evidence is available in the current snapshot.
Current Consensus
SPSM's Technical Analysis Consensus is currently Neutral, with 18 buy, 9 neutral, and 18 sell votes. SPSM's 14-day RSI is 53.45, which places the ETF in a neutral momentum range. SPSM's beta is 1.04, indicating market sensitivity broadly in line with the market.
What Changed in SPSM?
The largest recent change in SPSM is Momentum moving up by 19.0 points over the available 7-day comparison window. Risk Resilience remains the strongest visible factor.
What Would Change the SPSM Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
SPSM Decision Framework
Public evidence layers, setup checks, and risk context for State Street SPDR Portfolio S&P 600 Small Cap ETF.
State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) ETF Analysis
State Street SPDR Portfolio S&P 600 Small Cap ETF has an AIQ Score of 61/100 in a Neutral regime. Risk is strongest at 82/100. Beta is 1.04, close to market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | SPSM is in a Neutral AIQ regime with score 61/100. |
| Signal Conflict | The primary conflict is that risk leads at 82/100 while momentum lags at 52/100. |
| Factor Evidence | Momentum 52/100 · Value 57/100 · Quality 61/100 · Risk 82/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Risk is the strongest factor at 82/100.
Momentum is 52/100 and RSI (14) is 53.4.
SPSM is in a Neutral regime at 61/100.
Risk factor is 82/100 with beta 1.04 and annual volatility 15.76%.
Current conflict: risk leads at 82/100 while momentum lags at 52/100.
SPSM Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
SPSM ETF Analytics
SPSM holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
SPSM Technical Analysis
SPSM technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
SPSM ETF Market Context
Track SPSM market context, news pressure, trend changes, income events, and current allocation evidence.
SPSM Distribution Analysis
SPSM distribution yield, annualized distributions, payment history, and income context.
SPSM ETF Data
SPSM available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
SPSM Risk Analysis
SPSM volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
SPSM ETF News
SPSM ETF news, market tone, recent headlines, and catalyst context.
SPSM vs Broad Market / Index Peers
Current peer cohort: SPSM · SPY · SPYM · VB · VBR. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| SPSM Current ETF | 61/100 | 57/100 | 52/100 | 82/100 | 0.72 | 15.76% | Current |
| SPY SPDR S&P 500 ETF Trust | 67/100 | 41/100 | 66/100 | 88/100 | 0.87 | 12.72% | SPSM vs SPY |
| SPYM SPDR Portfolio S&P 500 ETF | 65/100 | 41/100 | 68/100 | 88/100 | 0.78 | 12.71% | SPSM vs SPYM |
| VB Vanguard Small-Cap ETF | 60/100 | 51/100 | 54/100 | 80/100 | 0.59 | 15.81% | SPSM vs VB |
| VBR Vanguard Small-Cap Value ETF | 65/100 | 60/100 | 65/100 | 84/100 | 0.79 | 13.91% | SPSM vs VBR |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 22, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching SPSM
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for SPSM
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
SPSM ETF FAQ
What is SPSM ETF price today?
SPSM is currently shown at $53.56. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is SPSM's 52-week high and low?
SPSM's 52-week range is $43.66 to $58.60 based on the latest completed market-close snapshot from Oct 21, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does SPSM pay a dividend?
SPSM's current distribution yield is 1.56% based on the latest completed market-close snapshot from Oct 21, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying SPSM?
Compare SPSM's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.