Overview
Description
The SPDR Portfolio S&P 600 Small Cap ETF is an exchange-traded fund that tracks the performance of the S&P SmallCap 600 Index. Its primary purpose is to provide investors with diversified exposure to small-cap U.S. companies. The ETF comprises stocks representing a broad spectrum of industries, including technology, healthcare, consumer discretionary, financials, and industrial sectors. These small-cap companies are typically characterized by a market capitalization ranging from $300 million to $2 billion, offering growth potential and expansion opportunities. This ETF serves a significant role by enabling investors to gain access to the innovative and dynamic segment of the market that may not be as prominent in large-cap growth strategies. The SPDR Portfolio S&P 600 Small Cap ETF is part of the larger suite of SPDR ETFs managed by State Street Global Advisors, known for offering cost-effective investment solutions. It plays a vital part in portfolio diversification, allowing for risk-spreading across numerous small-sized enterprises with the efficiency of passive investment management.
About
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Website
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Instrument type
ETF
Country
United States
MIC code
ARCX