SPSM - State Street SPDR Portfolio S&P 600 Small Cap ETF
The State Street SPDR Portfolio S&P 600 Small Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P SmallCap 600 Index (the "Index")A low-cost ETF that seeks to offer precise, comprehensive exposure to small cap US equitiesThe Index is float-adjusted and market capitalization weightedOne of the low-cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes
As of May 15, 2026: spot at $52.21, ATM IV 20.3%, net GEX $142.0K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $15.02B
- Beta
- 1.17
- 52-Week Range
- 40-54.26
- Dividend Yield
- $0.77
- IPO Date
- Jul 9, 2013
- Exchange
- AMEX
What SPSM Looks Like to Options Traders Today
IV rank of 25.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($142.0K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.019) is roughly flat across the wings.
What This Page Covers
The SPSM overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked SPSM overview questions
- What is SPSM?
- SPSM is the ticker symbol for State Street SPDR Portfolio S&P 600 Small Cap ETF, an listed exchange-traded fund. The State Street SPDR Portfolio S&P 600 Small Cap ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P SmallCap 600 Index (the "Index")A low-cost ETF that seeks to offer precise, comprehensive exposure to small cap US equitiesThe Index is float-adjusted and market capitalization weightedOne of the low-cost core State Street SPDR Portfolio ETFs, a suite of portfolio building blocks designed to provide broad, diversified exposure to core asset classes Listed on AMEX. SPSM is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the SPSM options snapshot look like today?
- As of May 15, 2026, the SPSM options snapshot shows spot at $52.21, ATM IV 20.3%, IV rank 25.6%, net GEX $142.0K, expected move 5.82%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are SPSM's key statistics?
- State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) carries a market capitalization of $15.02B, 52-week range of 40-54.26. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SPSM belong to?
- State Street SPDR Portfolio S&P 600 Small Cap ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SPSM's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SPSM data on this page?
- The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.