ETF Versus

SPSM vs SPYV

State Street SPDR Portfolio S&P 600 Small Cap ETF vs State Street SPDR Portfolio S&P 500 Value ETF

Last updated: 2026-04-02

SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2013, the fund has a 13-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2013-07-09
SPYV

State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. Launched in 2000, the fund has a 26-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2000-10-02

Quick Verdict

Over the past year, SPSM has significantly outperformed with a 17.2% return vs 10.5%.

Key Metrics

Metric SPSM SPYV
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Small Cap US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

80 95 110 125 140 155 2021-04 2022-06 2023-09 2024-12 2026-04
SPSM +13.0%
SPYV +47.1%

Performance Comparison

Period SPSM SPYV Difference
1 Month -3.42% -3.87% +0.45%
3 Months +2.83% -0.54% +3.37%
6 Months +4.15% +1.51% +2.64%
YTD +2.83% -0.54% +3.37%
1 Year +17.20% +10.47% +6.73%
3 Years +28.78% +39.05% -10.27%
5 Years +12.96% +47.10% -34.14%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPSM Fees SPYV Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric SPSM SPYV
Annualized Volatility 21.5% 14.4%
Max Drawdown -28.7% -19.1%
Sharpe Ratio 0.01 0.30

Dividend Comparison

Metric SPSM SPYV
Annual Dividend (per share) $0.77 $1.03
Dividend Yield 1.58% 1.82%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SPSM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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