State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.93: the stock has moved about 7% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerState Street SPDR US Small Cap Low Volatility Index ETF (SMLV) trades at $152.20. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for SMLV: SMLV does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) Financial Services Profile
State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) provides targeted exposure to U.S. small-cap stocks exhibiting low volatility, appealing to investors seeking stability within the small-cap segment. The fund weights securities based on volatility, offering a potentially less turbulent investment option compared to broader small-cap indices.
What Is the Investment Thesis for SMLV?
SMLV offers a targeted approach to small-cap investing by focusing on low-volatility stocks. With a beta of 0.93, it demonstrates lower volatility compared to the broader market. The fund's strategy of weighting stocks inversely to their volatility aims to provide a smoother investment experience within the small-cap segment. While the fund does not offer a dividend yield, it may appeal to investors seeking capital appreciation with reduced downside risk. A potential catalyst for SMLV is increased investor demand for defensive strategies in anticipation of market volatility. However, the fund's performance is subject to the performance of its underlying index and the effectiveness of its weighting methodology.
Based on FMP financials and quantitative analysis
SMLV Key Highlights
Market Cap of $0.22B indicates a relatively small fund size within the ETF landscape.
- Beta of 0.93 suggests lower volatility compared to the broader market, potentially appealing to risk-averse investors.
- The fund's focus on low-volatility small-cap stocks differentiates it from broader small-cap ETFs.
- Absence of dividend yield may deter income-seeking investors.
- The fund's performance is directly tied to the performance of the State Street US Small Cap Low Volatility Index.
Who Are SMLV's Competitors?
SMLV is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| AVXC Avantis Emerging Markets ex-China Equity ETF | $83.81 | +1.93% | $422M | — |
| EPU iShares MSCI Peru and Global Exposure ETF | $89.56 | +0.91% | $551M | — |
| EWZS iShares MSCI Brazil Small-Cap ETF | $13.70 | +2.91% | $151M | — |
| FDEV FIDELITY INTERNATIONAL MULTIFACTOR ETF | $36.05 | +0.73% | $264M | — |
| FNK First Trust Mid Cap Value AlphaDEX Fund | $59.93 | +0.41% | $209M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SMLV's Key Strengths?
Focus on low-volatility small-cap stocks.
- Rules-based index methodology.
- Established brand name (State Street).
- ETF structure provides liquidity and transparency.
What Are SMLV's Weaknesses?
Absence of dividend yield.
- Small market cap may limit liquidity for large investors.
- Performance is tied to the performance of the underlying index.
- May underperform broader small-cap indices in strong bull markets.
What Are the Key Risks for SMLV?
Underperformance relative to broader small-cap indices in strong bull markets.
- Increased competition from other low-volatility ETFs could erode market share.
- Changes in market conditions that favor high-growth stocks could reduce demand for SMLV.
- Tracking error relative to the underlying index could negatively impact investor returns.
What Are SMLV's Competitive Advantages?
- Established Brand: State Street is a well-known and respected asset manager with a long track record in the ETF market.
- Rules-Based Index Methodology: The fund's rules-based index methodology provides a transparent and systematic approach to selecting and weighting securities.
- Low-Volatility Focus: The fund's focus on low-volatility small-cap stocks differentiates it from broader small-cap ETFs.
- ETF Structure: The ETF structure offers investors a cost-effective and liquid investment vehicle.
What Does SMLV Do?
The State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) was created to track the performance of the State Street US Small Cap Low Volatility Index. The fund's strategy revolves around identifying and weighting U.S. small-cap stocks that demonstrate lower volatility characteristics. The index from which SMLV derives its holdings selects its constituents from a pool of the smallest 2000 U.S. stocks listed on U.S. exchanges, ranking from 1,001 to 3,000 by market capitalization as of each rebalance date. SMLV employs a rules-based methodology to overweight stocks within this universe that exhibit low volatility, aiming to provide investors with a less volatile investment experience within the small-cap space. The ETF weights securities inversely to their volatility, meaning that stocks with lower volatility receive higher weights in the portfolio, subject to liquidity constraints. This approach is designed to dampen the overall volatility of the portfolio compared to a market-cap-weighted small-cap index. SMLV is managed by State Street Global Advisors, a large asset management firm with a significant presence in the ETF market. The fund is domiciled in the United States and is available to investors seeking exposure to a low-volatility small-cap strategy.
What Products and Services Does SMLV Offer?
- Provide an investment vehicle focused on U.S. small-cap stocks.
- Track the performance of the State Street US Small Cap Low Volatility Index.
- Select stocks from the smallest 2000 U.S. stocks based on market capitalization.
- Weight securities based on their volatility, with lower volatility stocks receiving higher weights.
- Offer investors exposure to a potentially less volatile small-cap portfolio.
- Rebalance the index periodically to maintain its low-volatility characteristics.
How Does SMLV Make Money?
- Generate revenue through management fees charged on assets under management (AUM).
- Provide a low-volatility small-cap investment strategy to attract investors.
- Utilize a rules-based index methodology to select and weight securities.
- Offer a transparent and cost-effective investment vehicle through the ETF structure.
What Industry Does SMLV Operate In?
The asset management industry is characterized by intense competition among firms offering various investment strategies, including ETFs. The demand for low-volatility strategies has grown in recent years as investors seek to mitigate risk in uncertain market conditions. SMLV competes with other low-volatility ETFs and small-cap ETFs, offering a specific focus on U.S. small-cap stocks with low volatility characteristics. The growth of the ETF market has led to increased product innovation and a wider range of investment options for investors.
Who Are SMLV's Key Customers?
- Retail investors seeking exposure to small-cap stocks with reduced volatility.
- Financial advisors looking for low-volatility investment options for their clients.
- Institutional investors seeking to manage risk in their portfolios.
- Investors who prioritize capital preservation and downside protection.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
SMLV Financials
Bull Case vs Bear Case
Bull Case
- Focus on low-volatility small-cap stocks.
- Rules-based index methodology.
- Established brand name (State Street).
- ETF structure provides liquidity and transparency.
Bear Case
- Absence of dividend yield.
- Small market cap may limit liquidity for large investors.
- Performance is tied to the performance of the underlying index.
- May underperform broader small-cap indices in strong bull markets.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SMLV Latest News
No recent news available for SMLV.
SMLV Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for SMLV.
Price Targets
Wall Street price target analysis for SMLV.
SMLV MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for SMLV; grades run from A+ (80-100) to F (below 30).
SMLV Financials Stock FAQ
What does State Street SPDR US Small Cap Low Volatility Index ETF do?
The State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) is designed to track the performance of the State Street US Small Cap Low Volatility Index. It invests in a selection of U.S. small-cap stocks that exhibit lower volatility characteristics, weighting them to maximize stability within the constraints of liquidity.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- Investment decisions should be based on individual risk tolerance and financial circumstances.