SLYV

SPDR S&P 600 Small Cap Value ETF (SLYV) is an exchange-traded fund that seeks to track the performance of an index composed of U.S. small-cap companies. The ETF is managed by State Street Global Advisors (SSGA) and trades under the ticker SLYV on NYSE Arca.

Classified as a U.S. small-cap value equity ETF, SLYV aims to reflect, before fees and expenses, the aggregated performance of the equities included in its benchmark index.

The fund follows a passive management strategy, seeking to replicate the S&P SmallCap 600 Value Index, which includes U.S.-listed companies that meet specific liquidity, market capitalization, and value criteria. The securities are weighted by float-adjusted market capitalization.

The index composition is reviewed periodically in accordance with the index provider’s rules, and securities may be added or removed based on eligibility criteria and reassessment of value characteristics.

Diversification and sector exposure

SLYV provides exposure to the U.S. small-cap value equity market, with firms across a range of economic sectors, including:

• Financials.

• Health care.

• Industrials.

• Consumer discretionary.

• Energy.

• Utilities.

Structure and costs

Shares of SLYV are traded on the secondary market, while creation and redemption of shares are carried out by authorized participants, a mechanism that helps keep the ETF’s market price close to its net asset value (NAV).

The fund charges a management fee and does not charge a performance fee. SLYV may make periodic income distributions derived from dividends paid by the underlying holdings. The ETF has a single share class and trades exclusively under the ticker SLYV.

History and evolution of the ETF

The SPDR S&P 600 Small Cap Value ETF was launched on September 25, 2000, amid the expansion of the ETF industry and growing demand for products offering targeted exposure to specific segments of the U.S. equity market.

Over time, SLYV has been incorporated into allocation strategies focused on U.S. small-cap value exposure, often as a complement to broader large-cap equity positions.

Between 2020 and 2024, the ETF’s performance reflected economic cycles, shifts in interest rate expectations, and changes in risk appetite within the small-cap segment, while maintaining liquidity consistent with its structure as a listed ETF.

Additional Information

SPDR S&P 600 Small Cap Value ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $4.69 Billions.

Over the past 12 months, SPDR S&P 600 Small Cap Value ETF recorded a return of 39.33%, with its price trading between $77.89 and $105.69 during the same period.

The ETF is traded under the ticker SLYV.