State Street SPDR Small Cap ETF Outpaces iShares on Returns
Explore how portfolio size and sector exposure differ between these two small-cap ETFs, each offering unique advantages for investors.
Overview
Comparing State Street SPDR Portfolio S&P 600 Small Cap ETF (NYSEMKT:SPSM) and iShares Morningstar Small-Cap ETF (NYSEMKT:ISCB) reveals a trade-off between the better recent performance of State Street fund and the much broader portfolio diversification offered by iShares.
Both funds provide core exposure to the U.S. small-cap market, yet they follow different indexing strategies. While the State Street fund focuses on a more curated list of 600 stocks, the iShares ETF casts a wider net, capturing over 1,500 companies within a similar sector framework.
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
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Source
Originally published at www.fool.com.