SPSM Performance — State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF
Data updated: 2026-09-11
SPSM returned +23.90% year to date and +37.48% over one year to Jun 2026. Annualised returns are +16.03% over 3 years and +7.35% over 5 years. The fund beat its US Small Blend category average: $100 invested three years ago grew to $156, against $156 for the category, and to $137 over one year, against $133. Volatility over the past three years was 19.41% a year. In the 12 months to Jun 2026 the fund took in a net $1.4B, and assets reached $16.92B.
SPSM Growth of $100
What $100 invested in State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | SPSM | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $137 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $156 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $143 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $210 | $209 |
SPSM Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.90% |
| 1 year | +37.48% |
| 3 years (annualised) | +16.03% |
| 5 years (annualised) | +7.35% |
SPSM Annual Returns
Calendar-year total returns of State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +23.90% |
| 2025 | +6.01% |
| 2024 | +8.69% |
| 2023 | +16.04% |
| 2022 | −16.11% |
| 2021 | +26.72% |
| 2020 | +11.21% |
| 2019 (Jul–Dec) | +7.48% |
SPSM Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.6% | +2.2% | −4.0% | +10.4% | +1.1% | +7.3% | — | — | — | — | — | — |
| 2025 | +2.9% | −5.7% | −6.2% | −4.2% | +5.2% | +4.0% | +0.9% | +7.1% | +1.0% | −0.9% | +2.6% | −0.1% |
| 2024 | −3.9% | +3.3% | +3.2% | −5.6% | +5.0% | −2.3% | +10.8% | −1.4% | +0.9% | −2.6% | +10.9% | −8.0% |
| 2023 | +9.5% | −1.2% | −5.1% | −2.8% | −1.8% | +8.2% | +5.5% | −4.1% | −6.0% | −5.7% | +8.3% | +12.8% |
| 2022 | −7.3% | +1.4% | +0.4% | −7.8% | +1.8% | −8.6% | +10.0% | −4.4% | −9.9% | +12.3% | +4.1% | −6.7% |
| 2021 | +6.3% | +7.6% | +3.3% | +2.0% | +2.1% | +0.3% | −2.4% | +2.0% | −2.4% | +3.4% | −2.3% | +4.5% |
| 2020 | −4.1% | −9.6% | −22.4% | +12.7% | +4.3% | +3.8% | +4.1% | +4.0% | −4.7% | +2.6% | +18.2% | +8.3% |
| 2019 | — | — | — | — | — | — | +0.9% | −4.7% | +2.2% | +2.3% | +3.8% | +2.9% |
SPSM Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 19.41%
- 3-year Sharpe ratio: 0.59 (vs 4.5% risk-free rate)
- Best month: +12.76% (Dec 2023)
- Worst month: −7.96% (Dec 2024)
SPSM Fund Flows
Monthly money in and out of State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF, from SEC Form N-PORT.
- 12-month net flow: $1.4B
- 12-month gross sales (incl. reinvestments): $3.6B
- Sales ÷ redemptions: 1.63×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $725.9M | $567.7M | $158.1M |
| May 2026 | $216.9M | $71.8M | $145.1M |
| Apr 2026 | $175.9M | $126.1M | $49.8M |
| Mar 2026 | $212.2M | $385.8M | −$173.6M |
| Feb 2026 | $345.8M | $50.2M | $295.6M |
| Jan 2026 | $342.0M | $66.4M | $275.7M |
| Dec 2025 | $252.0M | $76.5M | $175.5M |
| Nov 2025 | $488.2M | $412.4M | $75.8M |
| Oct 2025 | $164.9M | $177.7M | −$12.8M |
| Sep 2025 | $97.3M | $169.3M | −$72.1M |
| Aug 2025 | $329.8M | $68.4M | $261.4M |
| Jul 2025 | $264.5M | $50.0M | $214.5M |
SPSM Assets Under Management
Net assets of State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $16.92B |
| 2026-03-31 | $13.87B |
| 2025-12-31 | $13.08B |
| 2025-09-30 | $12.69B |
| 2025-06-30 | $11.29B |
| 2025-03-31 | $10.96B |
| 2024-12-31 | $12.39B |
| 2024-09-30 | $11.83B |
| 2024-06-30 | $10.23B |
| 2024-03-31 | $10.54B |
| 2023-12-31 | $9.88B |
| 2023-09-30 | $8.00B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.