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State Street SPDR Small Cap ETF Outpaces iShares on Returns
Key takeaways
- Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns.
- The funds' expense ratios are basically the same (1 basis point doesn't seem worth quibbling over).
- Growth of $1,000 over 5 years (total return)
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 i Shares 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.
The funds' expense ratios are basically the same (1 basis point doesn't seem worth quibbling over). SPSM offers a slightly higher dividend yield of 1.4% versus 1.3% for ISCB.
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