SPDR S&P 600 Small Cap Growth ETF (NYSE:SLYG) 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. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the small-capitalization growth segment of the U.S. equity market. It 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.
SLYG tracks the S&P Small Cap 600 Growth index with a couple of caveats. Stocks must meet 3 standards involving characteristics like sales growth, earnings change to price and momentum. Despite the small number of holdings, the fund still has over $2.29 billion in assets.
Fund Overview
- Net Assets 2.29 Billions
- YTD Daily Total Return 23.28%
- Yield 0.56%
- Annual Expense Ratio 0.15%
Performance Overview
- 23.28% YTD Daily Total Return
- 31.60% 1-Year Daily Total Return
- 17.60% 3-Year Daily Total Return
Top 10 Holdings (10.63% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Omnicell Inc | OMCL | 1.34% |
| GameStop Corp Class A | GME | 1.14% |
| Saia Inc | SAIA | 1.13% |
| NeoGenomics Inc | NEO | 1.09% |
| Chart Industries Inc | GTLS | 1.06% |
| MicroStrategy Inc Class A | MSTR | 1.06% |
| Power Integrations Inc | POWI | 1.01% |
| Exponent Inc | EXPO | 0.95% |
| Innovative Industrial Properties Inc Registered Shs | IIPR | 0.93% |
| Ensign Group Inc | ENSG | 0.92% |
Therefore, SPDR S&P 6000 Small Cap Growth ETF is best for most small-cap investors who want to own rapid growth stocks and looking to get in on the ground floor of the most exciting new companies.
SLYG ETF is the best small cap growth ETF. I own this ETF for long term.