ETF Spotlight on the SPDR S&P 500 Value ETF (NYSEArca: SPYV), part of an ongoing series.
Assets: $185.2 million
Objective: The SPDR S&P 500 Value ETF tries to reflect the performance of the S&P 500 Value Index, which is comprised of large-cap stocks taken from the S&P 500 index that exhibit the strongest value characteristics.
Holdings: Top holdings include Exxon Mobil (NYSE: XOM) 5.3%, General Electric (NYSE: GE) 3.3%, Chevron (NYSE: CVX) 2.9%, Wells Fargo (NYSE: WFC) 2.9% and Berkshire Hathaway Class B (NYSE: BRK-B)2.8%.
What You Should Know:
- State Street Global Advisors sponsors the fund.
- SPYV has a 0.20% expense ratio.
- The ETF has 339 holdings and the top ten make up 27.4% of the overall portfolio.
- Sector allocations include financials 23.4%, energy 15.4%, consumer staples 11.1%, health care 10.5%, information technology 9.7%, industrials 9.4%, consumer discretionary 7.1%, utilities 6.2%, telecom services 3.7% and materials 3.5%.
- SPYV has a 2.06% 12-month yield.
- The fund is up 2.0% over the past month, up 3.1% year-to-date and up 20.4% over the past year.
- The ETF is trading 5.9% above its 200-day exponential moving average.
- The ETF tracks stocks based on book value to price ratio, earnings to price ratio and sales to price ratio.
- Due to its value tilt, SPYV has a heavier tilt toward financials, energy and consumer staples stocks, compared to the S&P 500 Index.
- Additionally, SPYV underweights information technology and consumer discretionary names.
- SPYV’s stock portfolio has a lower 14.8 P/E ratio, compared to the S&P 500 Index’s 16.6 P/E ratio.
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