SLYV — State Street SPDR S&P 600 Small Cap Value ETF
US Small Cap Ranked #144 of 458 tracked ETFs · Issued by State Street Investment Management
SLYV Price Performance — Growth of $10,000
Value of a $10,000 investment in SLYV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
SLYV Drawdown
The "underwater" chart: SLYV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in SLYV?
See what a lump sum in SLYV would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The State Street SPDR S&P 600 Small Cap Value ETF (SLYV) is a US Small Cap fund managed by State Street Investment Management. With assets under management totaling $4.83 billion and a share price of $108.19, the fund represents a significant presence within its category. ETFValuer tracks 18 ETFs in the US Small Cap category, where SLYV holds an overall rank of #144 out of 458 tracked funds across all categories. The fund carries an ETFValuer grade of B, reflecting a score of 67.2 out of 100. Investors face an expense ratio of 0.15% while receiving a dividend yield of 0.86%. The substantial asset size and moderate ranking suggest established investor adoption relative to the broader universe of tracked small-cap vehicles.
Recent performance data shows a decline over the shortest horizons, with the fund down 1.01% over one day and 1.79% over one week. This short-term weakness contrasts with positive momentum over longer periods, as the fund gained 2.21% in one month and 6.41% over three months. The upward trajectory continued through the six-month mark with a return of 10.58%, while year-to-date gains reached 18.92%. Over the past year, the fund delivered a return of 32.36%, and the three-year return stands at 42.72%. This pattern indicates a divergence where short-term volatility has given way to sustained growth over the medium and long term.
The fund is assigned a Moderate volatility label and exhibits a beta of 1.07, suggesting price movements that slightly exceed the broader market. A Sharpe ratio of 1.53 indicates a favorable risk-adjusted return profile relative to the volatility experienced. However, the fund has experienced a maximum drawdown of -28.68%, highlighting the potential for significant temporary losses during market downturns. The combination of a beta above 1.0 and a deep maximum drawdown implies that the fund can amplify market swings in both directions. Despite these fluctuations, the high Sharpe ratio suggests that the returns generated have historically compensated well for the level of risk taken.
AI-generated summary based on the data on this page.
SLYV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | State Street Global Advisors | 5.21% | $212M |
| 2 | Eastman Chemical Co | 1.12% | $46M |
| 3 | LKQ Corp | 0.97% | $39M |
| 4 | Jackson Financial Inc | 0.97% | $39M |
| 5 | Match Group Inc | 0.93% | $38M |
| 6 | Celanese Corp | 0.93% | $38M |
| 7 | SM Energy Co | 0.91% | $37M |
| 8 | Molina Healthcare Inc | 0.89% | $36M |
| 9 | Lincoln National Corp | 0.77% | $31M |
| 10 | Paycom Software Inc | 0.77% | $31M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.5% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SLYV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With SLYV
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SLYV's top 10 — IJS overlaps most, holding 7 of the same companies as SLYV's top 10 (6.5% of SLYV's assets).
| ETF | Name | Shared Companies | SLYV Weight | Examples |
|---|---|---|---|---|
| IJS | iShares S&P Small-Cap 600 Value ETF | 7 | 6.5% | Eastman Chemical Co, LKQ Corp, Match Group Inc… |
| SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | 4 | 8.3% | State Street Global Advisors, Eastman Chemical Co, LKQ Corp… |
| XOP | State Street SPDR S&P Oil & Gas Exploration & Production ETF | 2 | 6.1% | State Street Global Advisors, SM Energy Co |
| IJR | iShares Core S&P Small-Cap ETF | 2 | 2.1% | Eastman Chemical Co, LKQ Corp |
| VIOO | Vanguard S&P Small-Cap 600 Index Fund ETF Shares | 2 | 2.1% | Eastman Chemical Co, LKQ Corp |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What SLYV's Fees Cost You
SLYV charges an expense ratio of 0.15% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
SLYV Dividend Income Estimator
SLYV currently yields 0.86%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
SLYV Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.06% and average daily volume is 219K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $4.83B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: SLYV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
SLYV Performance History
| Period | Return |
|---|---|
| 1-Day | -1.01% |
| 1-Week | -1.79% |
| 1-Month | +2.21% |
| 3-Month | +6.41% |
| 6-Month | +10.58% |
| YTD | +18.92% |
| 1-Year | +32.36% |
| 3-Year | +42.72% |
How SLYV Compares to Other US Small Cap ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #78 | B |
IJR | iShares Core S&P Small-Cap ETF | +30.08% | 0.06% | $111B |
| #81 | B |
SCHA | Schwab U.S. Small-Cap ETF | +32.32% | 0.03% | $24.2B |
| #85 | B |
IWM | iShares Russell 2000 ETF | +32.18% | 0.19% | $83.0B |
| #87 | B |
IWN | iShares Russell 2000 Value ETF | +35.33% | 0.24% | $14.5B |
| #89 | B |
AVUV | Avantis US Small Cap Value ETF | +33.23% | 0.25% | $29.1B |
| #94 | B |
VTWO | Vanguard Russell 2000 Index Fund ETF Shares | +32.51% | 0.06% | $18.6B |
| #107 | B |
SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | +30.09% | 0.03% | $16.9B |
| #117 | B |
VBR | Vanguard Small-Cap Value Index Fund ETF Shares | +21.86% | 0.05% | $67.8B |
| #131 | B |
VB | Vanguard Small-Cap Index Fund ETF Shares | +22.03% | 0.03% | $189B |
| #134 | B |
VIOO | Vanguard S&P Small-Cap 600 Index Fund ETF Shares | +29.99% | 0.07% | $6.41B |
| #140 | B |
IJS | iShares S&P Small-Cap 600 Value ETF | +32.44% | 0.18% | $8.02B |
| #143 | B |
DFAT | Dimensional U.S. Targeted Value ETF | +26.44% | 0.28% | $14.3B |
| #144 | B |
SLYV | State Street SPDR S&P 600 Small Cap Value ETF | +32.36% | 0.15% | $4.83B |
| #154 | B |
DFSV | Dimensional US Small Cap Value ETF | +29.37% | 0.3% | $7.92B |
| #164 | B |
IJT | iShares S&P Small-Cap 600 Growth ETF | +27.67% | 0.18% | $8.22B |
| #170 | B |
SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | +27.56% | 0.15% | $5.20B |
| #178 | C |
IWO | iShares Russell 2000 Growth ETF | +29.15% | 0.24% | $15.4B |
| #196 | C |
VBK | Vanguard Small-Cap Growth Index Fund ETF Shares | +22.21% | 0.05% | $47.0B |