SPDR® MSCI USA Small Cap Value Weighted UCITS ETF ZPRV GY

Important Risk Disclosure

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations.

NAV USD (Official NAV)

$32,21

as of 18 Sep 2020

Base Fund Currency

USD

1 Day Nav Change

-$0,33 (-1,02%)

as of 18 Sep 2020

Assets Under Management (millions)

$48,31 M

as of 18 Sep 2020

TER

0,30%


Fund Objective

Fund Objective

The investment objective of the Fund is to track the performance of US small capitalisation equities with a higher weighting applied to equities exhibiting low valuation characteristics.


Index Description

Index Description

The MSCI USA Small Cap Value Weighted Index is based on the traditional market capitalisation weighted parent index, the MSCI USA Small Cap Index, which includes US small cap equities. The value methodology of the Index is to re-weight each security in the parent index to emphasise those stocks with lower valuations within the parent index.


Fund Information as of 18 Sep 2020

Fund Information as of 18 Sep 2020
ISIN iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

Inception Date Countries of Registration Base Fund Currency Income Treatment Settlement Cycle
IE00BSPLC413 INZPRVE 18 Feb 2015 Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom USD Accumulation Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
ISIN IE00BSPLC413
iNAV Ticker

*These ticker codes are representative of the primary listing exchange.

INZPRVE
Inception Date 18 Feb 2015
Countries of Registration Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Spain, Sweden, United Kingdom
Base Fund Currency USD
Income Treatment Accumulation
Settlement Cycle Redemption Settlement Cycle, DD+2; Subscription Settlement Cycle, DD+2
Trading Cycle TER Benchmark Minimum Investment Trading Currency UCITS Compliant Domicile
DD 0,30% MSCI USA Small Cap Value Weighted Index 1 Share EUR, USD Yes Ireland
Trading Cycle DD
TER 0,30%
Benchmark MSCI USA Small Cap Value Weighted Index
Minimum Investment 1 Share
Trading Currency EUR, USD
UCITS Compliant Yes
Domicile Ireland
Investment Manager Fund Umbrella Replication Method Distribution Frequency PEA Eligible ISA Eligible SIPP Eligible
State Street Global Advisors Limited SSGA SPDR ETFs Europe II plc Optimised - No Yes Yes
Investment Manager State Street Global Advisors Limited
Fund Umbrella SSGA SPDR ETFs Europe II plc
Replication Method Optimised
Distribution Frequency -
PEA Eligible No
ISA Eligible Yes
SIPP Eligible Yes
UK Reporting Status Securities Lending
Yes No
UK Reporting Status Yes
Securities Lending No

Listing and Ticker Information as of 21 Sep 2020

Listing and Ticker Information as of 21 Sep 2020

Exchange Deutsche Börse (Primary)
Trading Currency EUR
Listing Date 19 Feb 2015
Exchange Ticker ZPRV
SEDOL Code BSPLC85
Bloomberg Code ZPRV GY
Reuters Code ZPRV.DE
Exchange London Stock Exchange
Trading Currency USD
Listing Date 20 Feb 2015
Exchange Ticker USSC
SEDOL Code BSPLC41
Bloomberg Code USSC LN
Reuters Code USSC.L
Exchange Trading Currency Listing Date Exchange Ticker SEDOL Code Bloomberg Code Reuters Code
Deutsche Börse (Primary) EUR 19 Feb 2015 ZPRV BSPLC85 ZPRV GY ZPRV.DE
London Stock Exchange USD 20 Feb 2015 USSC BSPLC41 USSC LN USSC.L

INAV

INAV

Estimated NAV per Unit at 4PM, Hong Kong as of Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER CURRENCY INAV
Estimated NAV per Unit at 4PM, Hong Kong as of
Estimated NAV per Unit as of (Updated every 15 seconds)
As of (Updated every 15 seconds)
INAV TICKER
CURRENCY
INAV

The Indicative NAV per share should not be viewed as the actual NAV per share. The Indicative NAV per share is provided for reference purposes only and may differ from the actual NAV per share calculated in accordance with the Prospectus.


Fund Characteristics as of 18 Sep 2020

Fund Characteristics as of 18 Sep 2020
Average Market Cap (M) Number of Holdings Average Price/Book Price/Earnings Ratio FY1
$2 850,22 M 1 453 1,05 13,70
Average Market Cap (M) $2 850,22 M
Number of Holdings 1 453
Average Price/Book 1,05
Price/Earnings Ratio FY1 13,70

Index Characteristics as of 18 Sep 2020

Index Characteristics as of 18 Sep 2020
Index Dividend Yield

This measures the weighted average of gross dividend Yield of stocks, in the index.

1,83%
Index Dividend Yield

This measures the weighted average of gross dividend Yield of stocks, in the index.

1,83%

Fund Market Price as of 18 Sep 2020

Fund Market Price as of 18 Sep 2020
Bid Price Offer Price Closing Price Bid/Offer Spread Day High Day Low 52 Week High
€27,40 €27,42 €27,40 €0,02 €27,52 €27,40 €35,40
Bid Price €27,40
Offer Price €27,42
Closing Price €27,40
Bid/Offer Spread €0,02
Day High €27,52
Day Low €27,40
52 Week High €35,40
52 Week Low
€18,80
52 Week Low €18,80

Fund Net Asset Value as of 18 Sep 2020

Fund Net Asset Value as of 18 Sep 2020
NAV USD (Official NAV) NAV EUR Assets Under Management (millions) Shares in Issue
$32,21 €27,16 $48,31 M 1 500 000
NAV USD (Official NAV) $32,21
NAV EUR €27,16
Assets Under Management (millions) $48,31 M
Shares in Issue 1 500 000
Most Recent NAV/NAV History

Reference NAVs are calculated for information purposes only. No warranty is provided as to the accuracy of reference NAVs. Reference NAVs are calculated with WM1600 FX (London time) rate applied in the currency indicated.


Fund Performance

Fund Performance

  • Fund Inception Date: 18 Feb 2015
  • Index Inception Date: 31 Dec 2014

as of 31 Aug 2020

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
18 Feb 2015
Fund Net 31 Aug 2020 6,15% 12,79% -16,08% -3,46% -1,64% 17,98% 8,91%
Difference 31 Aug 2020 -0,06% -0,14% -0,28% -0,43% -0,69% -1,42% -1,31%
Fund Gross 31 Aug 2020 6,18% 12,88% -15,91% -3,17% -0,75% 19,76% 10,73%
Difference 31 Aug 2020 -0,03% -0,06% -0,11% -0,14% 0,20% 0,36% 0,51%
Index
MSCI USA Small Cap Value Weighted Index
31 Aug 2020 6,21% 12,93% -15,80% -3,03% -0,95% 19,40% 10,22%

as of 31 Aug 2020

As Of 1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception
18 Feb 2015
Fund Net 31 Aug 2020 6,15% 12,79% -16,08% -3,46% -0,55% 3,36% 1,55%
Difference 31 Aug 2020 -0,06% -0,14% -0,28% -0,43% -0,23% -0,25% -0,22%
Fund Gross 31 Aug 2020 6,18% 12,88% -15,91% -3,17% -0,25% 3,67% 1,86%
Difference 31 Aug 2020 -0,03% -0,06% -0,11% -0,14% 0,07% 0,06% 0,09%
Index
MSCI USA Small Cap Value Weighted Index
31 Aug 2020 6,21% 12,93% -15,80% -3,03% -0,32% 3,61% 1,77%

as of 31 Aug 2020

2020 (YTD) 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund Net -16,08% 23,80% -14,31% 9,37% 25,83% -11,11% - - - - -
Difference -0,28% -0,43% 0,02% 0,02% -0,73% 0,03% - - - - -
Fund Gross -15,91% 24,17% -14,05% 9,70% 26,21% -10,88% - - - - -
Difference -0,11% -0,06% 0,28% 0,35% -0,35% 0,26% - - - - -
Index
MSCI USA Small Cap Value Weighted Index
-15,80% 24,23% -14,33% 9,35% 26,56% -11,14% - - - - -

Performance Gross and Net of All Fees.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

Calendar year inception performance returns will be partial for the year where the inception date for either the Fund in question or the historic performance-linked Fund (whichever is the earliest) falls within that period.


Deviation & Tracking Error as of 31 Aug 2020

Deviation & Tracking Error as of 31 Aug 2020

Standard Deviation Tracking Error
26,49% 0,40%
Standard Deviation 26,49%
Tracking Error 0,40%

This calculation is based on the past 3 years performance information.


Top Holdings

Top Holdings
Fund Top Holdingsas of 18 Sep 2020

Fund Top Holdings as of 18 Sep 2020

Security Name Weight
Ovintiv Inc 0,72%
Macy's Inc 0,66%
DXC Technology Co. 0,65%
Kohl's Corporation 0,61%
L Brands Inc. 0,52%
Alcoa Corp. 0,51%
Unum Group 0,50%
Gap Inc. 0,48%
PVH Corp. 0,48%
Avis Budget Group Inc. 0,47%
Download All Holdings: Download Daily Holdings

Sector Allocation

Sector Allocation
Fund Sector Allocationas of 18 Sep 2020

Fund Sector Allocation as of 18 Sep 2020

Sector Weight
Financials 22,43%
Consumer Discretionary 19,02%
Industrials 16,25%
Information Technology 8,43%
Energy 7,28%
Real Estate 7,04%
Materials 6,68%
Health Care 5,04%
Consumer Staples 3,80%
Communication Services 2,42%
Utilities 1,61%
Unassigned 0,00%

Geographical Weights

Geographical Weights

Fund Footnote

Characteristics, 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. The holdings are taken from the accounting records of SSGA which may differ from the official books and records of the custodian.

Performance Gross and Net of All Fees.

Capital Risk: Investing involves risk including the risk of loss of capital.

Past performance is not a guarantee of future results.

Past performance is not an indicator of future performance. The Gross of fees do not reflect and net of fees do reflect commissions and costs incurred on the issue and redemption, or purchases and sale, of units. If the performance is calculated on the basis of Gross/net asset values that are not denominated in the accounting currency of the collective investment scheme, its value may rise or fall as a result of currency fluctuations.

First net asset value taken into account corresponds to the first end of month following complete investment of the portfolio in agreement with the policy of management. Historical performance is not necessarily indicative of actual future investment performance.

The financial products referred to herein are not sponsored, endorsed, or promoted by MSCI and MSCI bears no liability with respect to any such financial products or any index on which such financial products are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with SSGA and any related financial products.