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.
- Net Assets 2.29 Billions
- YTD Daily Total Return 23.28%
- Yield 0.56%
- Annual Expense Ratio 0.15%
- 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)
|GameStop Corp Class A||GME||1.14%|
|Chart Industries Inc||GTLS||1.06%|
|MicroStrategy Inc Class A||MSTR||1.06%|
|Power Integrations Inc||POWI||1.01%|
|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.