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SPDR® S&P®/ASX Small Ordinaries Fund SSO

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $13.59
as of 27 Feb 2024
Base Currency
AUD
1 Day Nav Change
- AUD $0.04 (-0.30%)
as of 27 Feb 2024
Assets Under Management
AUD $26.58 M
as of 27 Feb 2024
Management Costs
0.5% p.a.

Key Features

  • Access Small Cap Returns – Small cap companies may outperform large cap companies over the long term, with faster-growing revenues and profits.
  • Easy Implementation – An indexed approach to stock selection offers greater efficiencies for investors, saving time and money.
  • Diversification – Greater exposure to sectors like Consumer Discretionary and Real Estate as compared to the large cap index, which is typically dominated by Financials.1

Fund Objective

The SPDR® S&P®/ASX Small Ordinaries Fund seeks to closely track, before fees and expenses, the returns of the S&P/ASX Small Ordinaries Index.

About this Benchmark

The S&P/ASX Small Ordinaries index is a benchmark for small-cap Australian equity portfolios. The index is designed to measure companies included in the S&P/ASX 300, but not in the S&P/ASX 100.

Fund Information as of 27 Feb 2024

Ticker Symbol SSO
Benchmark S&P/ASX Small Ordinaries Index
ASX iNav Code YSSO
Inception Date 13 Apr 2011
Management Costs 0.5% p.a.
Base Currency AUD
Countries of Registration Australia
Domicile Australia
Regulatory Structure Registered Managed Investment Scheme
Replication Method Replicated
Investment Manager State Street Global Advisors, Australia, Limited ABN 42 003 914 225
Responsible Entity State Street Global Advisors, Australia Services Limited ABN 16 108 671 441
Distribution Frequency Semi-Annually

Listing Information as of 27 Feb 2024

Primary Exchange ASX Quotation Date Trading Currency ASX Stock Code Bloomberg Ticker ISIN
Australian Securities Exchange 13 Apr 2011 AUD SSO SSO AU AU000000SSO8

Fund Characteristics as of 26 Feb 2024

Weighted Average Market Cap AUD $2,040.36 M
Est. 3-5 Year EPS Growth

Est. 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimates.

17.16%
Dividend Yield

Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage.

Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.

2.75%
Price/Earnings

Price/Earnings

The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.

19.34
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.

18.12
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.

9.86
Return on Equity

Return on Equity

The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

9.65%
Total Market Capitalisation AUD $287,218.97 M
Number of Holdings 202

Index Characteristics as of 26 Feb 2024

Weighted Average Market Cap AUD $2,046.19 M
Est. 3-5 Year EPS Growth

Est. 3-5 Year EPS Growth

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimates.

17.16%
Dividend Yield

Fund Dividend Yield is the weighted average dividend yield of the stocks in the portfolio divided by the current market price of the stocks in the portfolio, as expressed as a percentage.

Index Dividend Yield is the weighted average of the underlyings´ indicated annual dividend divided by price, expressed as a percentage.

2.75%
Price/Earnings

Price/Earnings

The weighted average of each security's P/E. P/E is calculated by dividing the closing price as of the report date by the mean EPS for the last 12 months as of the report date.

19.34
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted average of each security's FY1 P/E. FY1 P/E is calculated by dividing the closing price as of the report date by the mean EPS estimate for the next unreported fiscal year as of the report date.

18.14
Price/Cash Flow

Price/Cash Flow

The weighted average of the underlying security's Price to Cash Flow ratio. Price to Cash Flow ratio is calculated by dividing the closing price as of the report date by the cash flow per share as of the last fiscal year as of the report date.

9.87
Return on Equity

Return on Equity

The weighted average of the rate of return for each security in the fund. ROE is a measure of how well a company used reinvested earnings to generate additional earnings.

9.73%
Total Market Capitalisation AUD $286,042.90 M

Fund Net Asset Value as of 27 Feb 2024

NAV

NAV

Market value of an ETF's total assets, minus liabilities divided by the number of units outstanding.

AUD $13.59
Assets Under Management AUD $26.58 M
Units on Issue 1,955,953

Fund Performance

  • Fund Inception Date: 13 Apr 2011

as of 31 Jan 2024

As Of 1 Month 3 Month YTD 1 Year 3 Year (p.a.) 5 Year (p.a.) Since Inception (p.a.)
13 Apr 2011
Fund Distribution Return 31 Jan 2024 0.00% 1.36% 0.00% 2.38% 7.57% 5.64% 3.85%
Fund Growth Return 31 Jan 2024 0.83% 14.11% 0.83% -1.00% -6.33% -0.31% -0.75%
Fund Total Return 31 Jan 2024 0.83% 15.47% 0.83% 1.39% 1.24% 5.33% 3.11%
Benchmark
S&P/ASX Small Ordinaries Index
31 Jan 2024 0.90% 15.80% 0.90% 2.10% 1.34% 5.44% 3.26%

Past Performance is not a reliable indicator of future results. Performance returns for periods of less than one year are not annualised and have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. The Total Return is the sum of the Growth (or Price) Return and Distribution Return and is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted. The index returns are unmanaged and do not reflect the deduction of any fees or expenses. The index returns reflect all items of income, gain and loss and the reinvestment of dividends (net of withholding tax) and other income.

All SPDR ETFs, aside from the SPDR® S&P 500® ETF Trust and the SPDR® S&P®/ASX 200 Listed Property Fund are managed on an accumulation basis, with income reinvested into investable securities. This means that subsequent application and redemption activity could distort the nature and size of distributions. The proportion of total return attributable to income versus capital growth may differ from the relevant index.

Fund History as of 31 Jan 2024

Growth of $10,000: SPDR® S&P®/ASX Small Ordinaries Fund

Fund Inception Date: 13 Apr 2011

Currency: AUD

The Growth of $10,000 chart reflects the performance of a hypothetical investment in the Fund since inception. The performance of the hypothetical investment is based on the actual past performance of the Fund over the time period shown.  Past Performance is not a reliable indicator of future results. Performance returns have been calculated based on changes in the net asset value of the Fund rather than the last quoted price. Return is shown net of management fees and costs but does not reflect the brokerage fees or the bid/ask spread that investors pay to buy and sell ETF securities on the Australian Securities Exchange. Distributions are assumed to be reinvested under the Dividend Reinvestment Program (DRP). Investment returns and principal value will fluctuate, so you may have a gain or loss when units are sold. Current performance may be higher or lower than that quoted.

Top Holdings

Subject to change.

as of 26 Feb 2024
as of 26 Feb 2024

Fund Top 10 Holdings as of 26 Feb 2024

Name Weight
Pro Medicus 2.06%
Csr Limited 1.58%
Flight Centre Trav 1.51%
Viva Energy Group 1.46%
Sandfire Resource 1.36%
Paladin Energy Ltd 1.34%
Ventia Services Gr 1.29%
Chorus Ltd 1.28%
Hub24 Limited 1.25%
Arb Corporation. 1.22%
Download All Holdings: Daily

Index Top 10 Holdings as of 26 Feb 2024

Name Weight
Pro Medicus 2.06%
Csr Limited 1.59%
Flight Centre Trav 1.51%
Viva Energy Group 1.47%
Sandfire Resource 1.37%
Paladin Energy Ltd 1.35%
Chorus Ltd 1.29%
Ventia Services Gr 1.29%
Hub24 Limited 1.26%
Arb Corporation. 1.23%

Sector Allocation

as of 26 Feb 2024
as of 26 Feb 2024

Fund Sector Breakdown as of 26 Feb 2024

Sector Weights
Materials 22.45%
Consumer Discretionary 18.17%
Real Estate 12.25%
Financials 10.31%
Industrials 8.56%
Health Care 7.78%
Energy 6.76%
Information Technology 6.24%
Communication Services 4.84%
Consumer Staples 2.64%

Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Index Sector Breakdown as of 26 Feb 2024

Sector Weights
Materials 22.00%
Consumer Discretionary 18.26%
Real Estate 12.36%
Financials 10.35%
Industrials 8.59%
Health Care 7.83%
Energy 6.80%
Information Technology 6.29%
Communication Services 4.86%
Consumer Staples 2.66%

Distribution History as of 29 Dec 2023

Ex- Date Record Date Payment Date Dollars Per Unit Distribution

The amount distributed per unit.

Franking Credits

Franking credits per unit.

Foreign Tax Credits

Foreign tax credits per unit.

DRP Price

DRP stands for “Distribution Reinvestment Plan”. This is the price applied when calculating the number of units to be issued to an investor who has elected or defaulted to re-invest their distribution back into the fund as additional units and is the net asset value per unit calculated as at the next business day after the distribution record date.

28-Dec-23 29-Dec-23 11-Jan-24 0.160629 0.055818 0.002981 13.5046
29-Jun-23 30-Jun-23 12-Jul-23 0.156172 0.048639 0.001674 12.9907
29-Dec-22 30-Dec-22 12-Jan-23 0.174639 0.057673 0.003554 12.7914
29-Jun-22 30-Jun-22 12-Jul-22 1.622517 0.046921 0.004043 12.2033
30-Dec-21 31-Dec-21 13-Jan-22 0.159297 0.053325 0.002148 18.3106
29-Jun-21 30-Jun-21 12-Jul-21 1.102858 0.044028 0.001022 17.1551
30-Dec-20 31-Dec-20 13-Jan-21 0.155098 0.049758 0.001150 16.8054
29-Jun-20 30-Jun-20 10-Jul-20 0.090796 0.037175 0.001300 14.1654
30-Dec-19 31-Dec-19 13-Jan-20 0.194311 0.063458 0.002598 15.3699
27-Jun-19 28-Jun-19 11-Jul-19 0.208732 0.050313 0.001640 15.1138
28-Dec-18 31-Dec-18 11-Jan-19 0.155473 0.065748 0.002770 12.9177
28-Jun-18 29-Jun-18 11-Jul-18 0.187539 0.053119 0.002505 15.1894
28-Dec-17 29-Dec-17 11-Jan-18 0.144725 0.058541 0.003496 14.8207
29-Jun-17 30-Jun-17 11-Jul-17 0.220054 0.048700 0.002870 12.5217
29-Dec-16 30-Dec-16 11-Jan-17 0.123947 0.052387 0.002629 12.8555
29-Jun-16 30-Jun-16 11-Jul-16 0.204118 0.048232 0.002481 12.2639
29-Dec-15 31-Dec-15 11-Jan-16 0.160593 0.053419 0.002176 11.5218
26-Jun-15 30-Jun-15 09-Jul-15 0.181660 0.060529 0.000000 11.078
29-Dec-14 31-Dec-14 09-Jan-15 0.140707 0.053055 0.000000 10.9535
26-Jun-14 30-Jun-14 09-Jul-14 0.149114 0.046508 0.002339 11.2998

The tables above show historical distributions from the funds. Historical distributions are no indication of future distributable income.

The distribution components are as calculated and reported to the Australian Securities Exchange ("ASX") at the time of each distribution. The year end components reported to investors in their annual tax statements, once all year end information is finalised, may be different.

The ability of the Funds to pay distributions depends on, among other things, the dividends and distributions declared and paid by the companies whose securities are held by the Funds. There can be no assurance that such securities will pay dividends or other earnings. For further information on distributions, including tax implications, please refer to the relevant fund PDS. However, the information contained therein is not tax advice and investors should obtain their own professional tax and or financial advice.

Purchase Information

SPDR ETFs are flexible and easy to trade. Investors buy and sell them like shares, typically through a stock broker. Investors can also employ traditional share trading techniques, including stop orders, limit orders and margin purchases (if available).

To purchase a SPDR fund, please consult your stock broker or financial adviser.

1 Source: S&P Dow Jones Indices, as at July 31, 2023. The S&P/ASX Small Ordinaries Index over-weighted S&P/ASX 200 Index in Consumer Discretionary and Real Estate by 10.2% and 6.7%, respectively.

Investments in small-sized companies may involve greater risks than in those of larger, better known companies.

Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the value of the security may not rise as much as companies with smaller market capitalizations.