SLYV — State Street SPDR S&P 600 Small Cap Value ETF

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.

Overview

The State Street SPDR S&P 600 Small Cap Value ETF is a US Small Cap fund managed by State Street Investment Management with $4.71 billion in assets. It holds a B grade, ranking 11th out of 18 peers in its category and 165th among all tracked ETFs. The fund charges an expense ratio of 0.15%, which matches the category median, while offering a dividend yield of 1.96% that exceeds the peer average of 1.24%. Its top ten holdings represent 13.2% of assets, with the largest position held by State Street Global Advisors at 5.6%.

The ETF has upgraded its rating from C to B as of October 23, 2026, reflecting a positive shift in its assessment. Over the past year, it delivered a return of 20.56%, outperforming the category median of 17.91%. This longer-term strength contrasts with recent months, where the fund posted a -3.06% return over three months. The price currently sits at 73.3% of its 52-week range, indicating it is closer to its high than its low. Performance data is available for only 3.0 years, limiting the historical context for these trends.

With a beta of 1.05, the fund moves slightly more than the broader market, accompanied by a moderate annualized volatility of 15.80%. It has experienced a maximum drawdown of -28.68%, suggesting significant downside risk during peak stress periods. The Sharpe ratio of 0.98 indicates that the returns generated have justified the level of risk taken. Liquidity is supported by an average daily volume of 195,214 shares, providing adequate trading activity for investors.

AI-generated summary based on the data on this page.

SLYV Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.2% 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 6 of the same companies as SLYV's top 10 (5.3% of SLYV's assets).

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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

SLYV Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 195K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $4.71B 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

How SLYV Compares to Other US Small Cap ETFs