SPDR Portfolio S&P 600 Small Cap ETF Price & Performance (SPSM)

The SPDR Portfolio S&P 600 Small Cap ETF (SPSM) closed up 1.04% at $37.55 in the last session, despite declining volume. Over the past 10 days, SPSM has dropped 2.56%. Short-term signals remain mixed and forecasts suggest further weakness, with a possible 20% slide over the next quarter.12

SPDR S&P 600 Small Cap Growth ETF (SLYG) gained 0.95% to close at $77.89, but technical analysis indicates a negative outlook. Despite a recent rally, SLYG is expected to decline up to 19.9% in the next three months, with resistance at $81.77 and support at $77.16, signaling caution for investors.31

SPSM, with nearly $11 billion in assets, invests primarily in U.S. small-cap stocks, heavily weighted in financials, industrials, and consumer cyclicals. While the ETF offers broad sector exposure and daily pricing, its recent underperformance and negative short-term forecasts highlight the ongoing challenges for small-cap equities.42