LGLV
SPDR SSGA US Large Cap Low Volatility Index ETF
SPDR Russell 1000 Low Volatility ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 1000 Low Volatility Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
812.0 M
ASSETS UNDER MGMT
12 bp
EXPENSES
Fund Basics
| Fund sponsor | SSgA Funds Management Inc |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 20, 2013 |
| Assets (mns) | $812 |
| Expense ratio | 12 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Technical |
| Weighting | Technical |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| WAL-MART STORES INC | 1.3 % |
| COLGATE-PALMOLIVE CO | 1.3 % |
| XCEL ENERGY INC | 1.2 % |
| PEPSICO INC | 1.2 % |
| AIR PRODUCTS & CHEMICALS INC | 1.2 % |
| LINDE PLC | 1.1 % |
| PUBLIC SERVICE ENTERPRISE GP | 1.1 % |
| DUKE ENERGY CORP | 1.1 % |
| AVALONBAY COMMUNITIES INC | 1.1 % |
| GENERAL MILLS INC | 1.0 % |
Constituent Breakdown
| Number of holdings | 163 |
| Herfindahl-Hirschman Index | 72 |
| Wgt avg mkt cap (mns) | $139,359 |
| Large cap (>$10bn) | 94.2% |
| Mid cap ($2-10bn) | 5.4% |
| Small cap (<$2bn) | 0.4% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 92.7 % |
 |
IRELAND | 2.4 % |
 |
BRITAIN | 2.4 % |
 |
SWITZERLAND | 1.5 % |
 |
ISRAEL | 0.6 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 17.6% | 29.6% | 15.1% | 7.9% | 11.0% | 11.5% | 12.4% | Volatility | 8.9% | 9.0% | 10.9% | 13.7% | 19.7% | 16.5% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.76 | 82% |
| MSCI EAFE | 0.72 | 75% |
| MSCI Emg Mkts | 0.50 | 35% |
Liquidity Measures
| Avg. volume (000) | 20 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.06% |
| ADV of underlying (mns) | $69,612 |
Technical Indicators
| Recent close | $171.66 |
| 30d moving avg. | $169.63 |
| Annualized volatility | 14.6% |
| Relative strength (RSI) | 54 |
| Short interest (ETF) | 0.3% |
| Short interest (underlying) | 1.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. LGLV |
Expenses vs. LGLV |
ALTAR Score™ vs. LGLV |
|---|---|---|---|---|
| FDLO | Fidelity Low Volatility Factor ETF | 45.7% | +3 bp | +0.0% |
| XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | 43.5% | +13 bp | -0.1% |
| ALTL | Pacer Lunt Large Cap Alternator ETF | 43.2% | +48 bp | -0.4% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 42.9% | +3 bp | +0.4% |
| SPLV | Invesco S&P 500 Low Volatility ETF | 42.5% | +13 bp | -0.1% |
| FVD | First Trust Value Line Dividend Index Fund | 35.6% | +53 bp | +1.0% |
| INCE | Franklin Income Equity Focus ETF | 34.9% | +17 bp | +0.4% |
| QLV | FlexShares US Quality Low Volatility Index Fund | 34.7% | +10 bp | -1.5% |
| QUS | SPDR MSCI USA StrategicFactors ETF | 34.3% | +3 bp | +0.5% |
| PALC | Pacer Lunt Large Cap Multi-Factor Alternator ETF | 34.1% | +48 bp | -1.3% |
Risk and Returns: LGLV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/15/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
LGLV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
LGLV
5.3%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. LGLV's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places LGLV in the 47th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
LGLVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| LGLV (12 bp) Percentile rank | 15 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| LGLV | 12.0 | 5.8 | 17.8 |
| Peer Avg. | 29.7 | 13.9 | 43.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .