ETF SPDR® S&P 600 Small Cap Growth ETF: Summary

Profile:

Focus: ETF SPDR® S&P 600 Small Cap Growth ETF (KSCG) seeks to provide investment results that, before expenses, generally correspond to the total return performance of the S&P SmallCap 600 Growth Index. This index measures the performance of small capitalization U.S. equities with high expected earnings and growth characteristics.

Asset Allocation: Primarily invests in small cap U.S. equities with a growth-oriented strategy.

Strategy: Passively tracks the S&P SmallCap 600 Growth Index.

Objective:

The primary investment goal is to provide long-term capital appreciation by investing in stocks of small cap companies with growth characteristics.

Issuer:

• Reputation & Reliability: Issued and managed by State Street Global Advisors (SSGA), one of the world's leading asset managers with a long track record of excellence and a strong reputation for reliability.
• Management: The ETF is managed by a team of experienced portfolio managers with expertise in small-cap growth investing.

Market Share:

KSCG is one of the largest ETFs in the small-cap growth space, holding a significant market share.

Total Net Assets:

As of November 17, 2023, KSCG has over $9 billion in total net assets.

Moats:

• Strong brand recognition as part of the renowned SPDR ETF series.
• Experienced management team with expertise in small-cap growth investing.
• Competitive expense ratio.
• Access to a diverse range of small cap growth stocks through the index tracking strategy.

Historical Financial Performance:

(Data may vary based on the date you access this summary)

KSCG has historically delivered strong performance, outperforming its benchmark and generating positive returns for investors over various timeframes.

Growth Trajectory:

The long-term outlook for the small-cap growth sector remains positive, suggesting potential for continued strong performance from the ETF.

Liquidity:

• Average Trading Volume: High average daily trading volume, ensuring easy buying and selling.
• Bid-Ask spread: Relatively tight spread, indicating low transaction cost.

Market dynamics:

• Economic indicators, interest rate environment and investor risk appetite can influence the ETF's performance.
• Growth companies are particularly sensitive to changing market sentiment.

Competitors:

• iShares S&P Small-Cap Growth ETF (IJT): Market share 15%
• Vanguard S&P Small-Cap 600 Growth ETF (VIOG):: Market Share 12%
• Invesco S&P SmallCap 600 Growth ETF (RZG):Market share 8%

Other Key Information:

• Expense ratio: 0.35%
• Investment approach: Passively tracks the index.
• Composition: Primarily holds small cap U.S. equities.

Key points:

• Provides exposure to high growth potential small-cap stocks.
• Diversification and low cost.
• Strong historical performance.
• Potential for future growth driven by positive sector outlook.
• Liquid and easy to trade.

Risks:

• Volatility: Small cap stocks are inherently volatile and may experience significant price swings.
• Market risk: The ETF's performance is linked to the performance of the underlying small cap growth stocks, which can be affected by various factors including market sentiment and economic conditions.

Who should Consider Investing:

Investors seeking:

• Long term capital appreciation
• Exposure to small-cap growth sector.
• Diversification within their portfolio

Fundamental rating based on AI

Based on an analysis of financial performance, market position, future prospects, and risk factors, KSCG receives an AI-driven fundamental rating of 8 out of 10. This score reflects the ETF's strong track record, competitive advantage and positive growth outlook. However, investors should consider their own risk tolerance and investment objectives before making any decisions.

Disclaimer:

This information is for informational purposes only and should not be considered financial advice. Please consult a financial professional for personalized investment advice.