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SPDR® Portfolio S&P 500 Value ETF
ETF
SPYV
Payout Change
Pending
Price as of:
$47.37
-0.04
-0.08%
primary theme
U.S. Large-Cap Value Equity
SPYV (ETF)
SPDR® Portfolio S&P 500 Value ETF
Payout Change
Pending
Price as of:
$47.37
-0.04
-0.08%
primary theme
U.S. Large-Cap Value Equity
SPYV (ETF)
SPDR® Portfolio S&P 500 Value ETF
Payout Change
Pending
Price as of:
$47.37
-0.04
-0.08%
primary theme
U.S. Large-Cap Value Equity
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.1%
1 yr return
17.2%
3 Yr Avg Return
8.9%
5 Yr Avg Return
11.2%
Net Assets
$20.5 B
Holdings in Top 10
18.0%
52 WEEK LOW AND HIGH
$47.4
$39.63
$50.10
Expenses
OPERATING FEES
Expense Ratio 0.04%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SPYV - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 8.9%
- 5 Yr Annualized Total Return 11.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.28%
- Dividend Yield 2.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameSPDR® Portfolio S&P 500 Value ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateSep 29, 2000
-
Shares Outstanding330002864
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Feehily
Fund Description
In seeking to track the performance of the S&P 500 Value Index (the “Index”), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. “SSGA FM” or the “Adviser”), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.
Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by the Adviser). In seeking to track the Index, the Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows.
The Index measures the performance of the large-capitalization value segment of the U.S. equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on: (i) book value to price ratio; (ii) earnings to price ratio; and (iii) sales to price ratio. The S&P 500 Index focuses on the large capitalization U.S. equity market, including common stock and real estate investment trusts (“REITs”). The selection universe for the S&P 500 Index includes all U.S. common equities listed on the NYSE, NYSE Arca, NYSE American, NASDAQ Global Select Market, NASDAQ Select Market, NASDAQ Capital Market, Cboe BZX, Cboe BYX, Cboe EDGA, or Cboe EDGX with unadjusted market capitalizations of at least $14.5 billion and float-adjusted market capitalizations of at least $7.25 billion at the time of inclusion. The minimum required capitalization may be revised by the Index Provider (as defined below) at any time. To be included in the Index, a security (or issuer of a security, as applicable) should (i) have an annual dollar value traded to float-adjusted market capitalization ratio of 0.75 or greater at the time of addition to the S&P Composite 1500 Index (the Index's parent index); (ii) trade a minimum of 250,000 shares in each of the six months leading up to the evaluation date; (iii) have a public float of at least 10%; and (iv) have positive as-reported earnings over the most recent four consecutive quarters (measured using the sum of earnings over those quarters) and for the most recent quarter. Meeting these criteria does not guarantee automatic inclusion into the Index. Given the limited number of companies that the Index can have and that it must reflect sector representation, some eligible companies may not be added to the Index at a particular time. S&P Dow Jones Indices LLC's Index Committee makes the final determination and approval of all Index constituents. The Index is market capitalization weighted and rebalanced annually on the third Friday of December. As of August 31, 2023, a significant portion of the Fund comprised companies in the health care and technology sectors, although this may change from time to time. As of July 31, 2023, the Index comprised 403 stocks.
The Index is sponsored by S&P Dow Jones Indices LLC (the “Index Provider”), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
SPYV - Performance
Return Ranking - Trailing
| Period | SPYV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -24.4% | 10.9% | 74.48% |
| 1 Yr | 17.2% | -18.7% | 29.9% | 20.99% |
| 3 Yr | 8.9%* | -4.6% | 29.3% | 8.12% |
| 5 Yr | 11.2%* | -1.8% | 42.6% | 15.22% |
| 10 Yr | 9.9%* | 1.0% | 24.3% | 12.03% |
* Annualized
Return Ranking - Calendar
| Period | SPYV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.9% | -24.9% | 46.1% | 2.35% |
| 2022 | -7.4% | -65.1% | 4.6% | 19.50% |
| 2021 | 22.1% | -44.2% | 57.5% | 21.06% |
| 2020 | -1.5% | -23.2% | 285.0% | 59.51% |
| 2019 | 28.5% | -21.4% | 48.5% | 2.60% |
Total Return Ranking - Trailing
| Period | SPYV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -24.4% | 10.9% | 74.48% |
| 1 Yr | 17.2% | -18.7% | 29.9% | 20.99% |
| 3 Yr | 8.9%* | -4.6% | 29.3% | 8.12% |
| 5 Yr | 11.2%* | -1.8% | 42.6% | 15.22% |
| 10 Yr | 9.9%* | 1.0% | 24.3% | 12.03% |
* Annualized
Total Return Ranking - Calendar
| Period | SPYV Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.2% | -15.9% | 46.7% | 4.18% |
| 2022 | -5.3% | -42.0% | 8.5% | 47.78% |
| 2021 | 24.9% | 3.6% | 129.7% | 64.63% |
| 2020 | 1.4% | -22.6% | 304.8% | 64.37% |
| 2019 | 31.7% | -12.7% | 52.1% | 4.52% |
SPYV - Holdings
Concentration Analysis
| SPYV | Category Low | Category High | SPYV % Rank | |
|---|---|---|---|---|
| Net Assets | 20.5 B | 1.09 M | 163 B | 7.04% |
| Number of Holdings | 446 | 2 | 1689 | 3.79% |
| Net Assets in Top 10 | 3.61 B | 420 K | 33.9 B | 9.91% |
| Weighting of Top 10 | 17.98% | 4.8% | 99.9% | 93.44% |
Top 10 Holdings
- Berkshire Hathaway Inc 3.46%
- JPMorgan Chase Co 2.62%
- Exxon Mobil Corp 2.14%
- Johnson Johnson 2.01%
- UnitedHealth Group Inc 1.61%
- Chevron Corp 1.40%
- Bank of America Corp 1.24%
- Walmart Inc 1.20%
- Home Depot Inc/The 1.17%
- Intel Corp 1.13%
Asset Allocation
| Weighting | Return Low | Return High | SPYV % Rank | |
|---|---|---|---|---|
| Stocks | 99.81% | 1.86% | 108.42% | 7.58% |
| Cash | 0.29% | -0.79% | 38.18% | 81.48% |
| Preferred Stocks | 0.00% | 0.00% | 13.88% | 38.50% |
| Other | 0.00% | -3.53% | 39.72% | 50.47% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 34.63% |
| Bonds | 0.00% | -0.71% | 73.23% | 37.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SPYV % Rank | |
|---|---|---|---|---|
| Financial Services | 17.36% | 0.00% | 58.05% | 68.95% |
| Healthcare | 16.94% | 0.00% | 30.08% | 58.02% |
| Industrials | 12.38% | 0.00% | 42.76% | 38.68% |
| Consumer Defense | 11.50% | 0.00% | 34.10% | 20.99% |
| Technology | 8.62% | 0.00% | 54.02% | 73.03% |
| Energy | 8.01% | 0.00% | 54.00% | 45.45% |
| Communication Services | 6.55% | 0.00% | 26.58% | 37.29% |
| Consumer Cyclical | 6.33% | 0.00% | 22.74% | 40.76% |
| Utilities | 5.65% | 0.00% | 27.04% | 33.56% |
| Basic Materials | 3.48% | 0.00% | 21.69% | 46.92% |
| Real Estate | 3.19% | 0.00% | 90.54% | 42.06% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SPYV % Rank | |
|---|---|---|---|---|
| US | 99.81% | 1.86% | 108.42% | 6.89% |
| Non US | 0.00% | 0.00% | 27.89% | 54.78% |
SPYV - Expenses
Operational Fees
| SPYV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.04% | 0.03% | 14.82% | 99.48% |
| Management Fee | 0.04% | 0.00% | 1.50% | 0.86% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| SPYV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| SPYV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SPYV Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 0.00% | 488.00% | 15.38% |
SPYV - Distributions
Dividend Yield Analysis
| SPYV | Category Low | Category High | SPYV % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.95% | 0.00% | 38.45% | 62.77% |
Dividend Distribution Analysis
| SPYV | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| SPYV | Category Low | Category High | SPYV % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.28% | -1.51% | 4.28% | 8.28% |
Capital Gain Distribution Analysis
| SPYV | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 21, 2024 | $0.256 | OrdinaryDividend |
| Dec 21, 2023 | $0.231 | OrdinaryDividend |
| Sep 21, 2023 | $0.201 | OrdinaryDividend |
| Jun 23, 2023 | $0.205 | OrdinaryDividend |
| Mar 23, 2023 | $0.177 | OrdinaryDividend |
| Dec 22, 2022 | $0.238 | OrdinaryDividend |
| Sep 22, 2022 | $0.222 | OrdinaryDividend |
| Jun 24, 2022 | $0.222 | OrdinaryDividend |
| Mar 24, 2022 | $0.184 | OrdinaryDividend |
| Dec 23, 2021 | $0.255 | OrdinaryDividend |
| Sep 23, 2021 | $0.184 | OrdinaryDividend |
| Jun 24, 2021 | $0.202 | OrdinaryDividend |
| Mar 25, 2021 | $0.241 | OrdinaryDividend |
| Dec 24, 2020 | $0.194 | OrdinaryDividend |
| Sep 24, 2020 | $0.192 | OrdinaryDividend |
| Jun 25, 2020 | $0.211 | OrdinaryDividend |
| Mar 26, 2020 | $0.222 | OrdinaryDividend |
| Dec 27, 2019 | $0.212 | OrdinaryDividend |
| Sep 26, 2019 | $0.195 | OrdinaryDividend |
| Jun 27, 2019 | $0.203 | OrdinaryDividend |
| Mar 21, 2019 | $0.175 | OrdinaryDividend |
| Dec 28, 2018 | $0.219 | OrdinaryDividend |
| Sep 27, 2018 | $0.224 | OrdinaryDividend |
| Jun 21, 2018 | $0.190 | OrdinaryDividend |
| Mar 22, 2018 | $0.174 | OrdinaryDividend |
| Sep 25, 2017 | $0.176 | OrdinaryDividend |
| Jun 26, 2017 | $0.168 | OrdinaryDividend |
| Mar 27, 2017 | $0.146 | OrdinaryDividend |
| Dec 27, 2016 | $0.187 | OrdinaryDividend |
| Sep 26, 2016 | $0.158 | OrdinaryDividend |
| Jun 27, 2016 | $0.156 | OrdinaryDividend |
| Mar 29, 2016 | $0.153 | OrdinaryDividend |
| Dec 29, 2015 | $0.171 | OrdinaryDividend |
| Sep 28, 2015 | $0.150 | OrdinaryDividend |
| Jun 29, 2015 | $0.149 | OrdinaryDividend |
| Mar 30, 2015 | $0.137 | OrdinaryDividend |
| Dec 30, 2014 | $0.158 | OrdinaryDividend |
| Sep 29, 2014 | $0.139 | OrdinaryDividend |
| Jun 30, 2014 | $0.135 | OrdinaryDividend |
| Mar 31, 2014 | $0.125 | OrdinaryDividend |
| Dec 31, 2013 | $0.123 | OrdinaryDividend |
| Sep 30, 2013 | $0.118 | OrdinaryDividend |
| Jul 01, 2013 | $0.120 | OrdinaryDividend |
| Mar 25, 2013 | $0.092 | OrdinaryDividend |
| Jan 04, 2013 | $0.156 | OrdinaryDividend |
| Oct 03, 2012 | $0.109 | OrdinaryDividend |
| Jun 27, 2012 | $0.093 | OrdinaryDividend |
| Mar 28, 2012 | $0.086 | OrdinaryDividend |
| Dec 29, 2011 | $0.100 | OrdinaryDividend |
| Sep 28, 2011 | $0.089 | OrdinaryDividend |
| Jun 29, 2011 | $0.087 | OrdinaryDividend |
| Mar 30, 2011 | $0.075 | OrdinaryDividend |
| Dec 30, 2010 | $0.107 | OrdinaryDividend |
| Sep 29, 2010 | $0.110 | OrdinaryDividend |
| Jun 30, 2010 | $0.096 | OrdinaryDividend |
| Mar 31, 2010 | $0.081 | OrdinaryDividend |
| Dec 31, 2009 | $0.074 | OrdinaryDividend |
| Sep 30, 2009 | $0.094 | OrdinaryDividend |
| Jul 01, 2009 | $0.097 | OrdinaryDividend |
| Apr 01, 2009 | $0.105 | OrdinaryDividend |
| Jan 02, 2009 | $0.152 | OrdinaryDividend |
| Oct 01, 2008 | $0.150 | OrdinaryDividend |
| Jul 02, 2008 | $0.142 | OrdinaryDividend |
| Apr 02, 2008 | $0.130 | OrdinaryDividend |
| Jan 04, 2008 | $0.154 | OrdinaryDividend |
| Oct 03, 2007 | $0.143 | OrdinaryDividend |
SPYV - Fund Manager Analysis
Managers
Michael Feehily
Start Date
Tenure
Tenure Rank
Oct 31, 2011
10.59
10.6%
Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.
Karl Schneider
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.
Mark Krivitsky
Start Date
Tenure
Tenure Rank
Oct 31, 2017
4.58
4.6%
Mr. Krivitsky is a Vice President of SSGA and SSGA FM and a Senior Portfolio Manager in the Global Equity Beta Solutions Group (GEBS) and Tax-Efficient Market Capture Group. He joined the firm in 1996. His previous experience at SSGA includes affiliation with the firm's U.S. Structured Products Operations Group. Mr. Krivitsky began his tenure at State Street Corporation in the Mutual Funds Division in 1992. He has been working in the investment management field since 1991. Mr. Krivitsky holds a Bachelor of Arts in Humanities/Social Sciences from the University of Massachusetts and a Master of Business Administration with a specialization in Finance from the Sawyer School of Management at Suffolk University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.02 | 16.42 |
