SPSM ETF — State Street SPDR Portfolio S&P 600 Small Cap ETF

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM)

SPSM is a low-cost ETF. As of August 19, 2026, its distribution rate is 1.40%, its trailing-12-month yield is 1.37%, its expense ratio is 0.03%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Fund total return is 254.9% over the past 13.1 years, 224.7 points behind SPY at 479.6%.

At the current 1.40% distribution rate, a $10,000 investment would generate approximately $140 per year, or $11.67 per month on an equivalent basis. Actual quarterly payments vary.

State Street SPDR Portfolio S&P 600 Small Cap ETF tracks the S&P 600 index, which measures the performance of small-capitalization U.S. stocks, and invests at least 80% of its assets in the securities that comprise this index. The fund has a modest current distribution rate and distributes quarterly, with a very low expense ratio of 0.03%. This ETF appeals to investors seeking broad exposure to small-cap equities with minimal costs.

SPSM performance versus SPY

Data as of August 19, 2026.

Fund total return is 254.9% over the past 13.1 years, 224.7 points behind SPY at 479.6%. Its deepest 1-year drawdown was 8.7%.

SPSM key facts

Data as of August 19, 2026.

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

1.33%

Issuer

State Street

Asset type

ETF

Asset class

Equity

Inception date

07/08/2013

Expense ratio

0.03%

Distribution rate

1.40%

Distribution frequency

Quarterly

Trailing yield

1.37%

Last close

$57.43

AUM

$17,426,947,822

Average volume

1410298.0

Last dividend

$0.2010

Ex-dividend date

06/22/2026

Payment date

06/24/2026

Beta

1.07

P/E ratio

19.0084

How Dividend Vision calculates yield and returns

Distribution rate (1.40%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.37%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: State Street fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SPSM risks and drawbacks

SPSM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.7%.

Who may consider SPSM — and who may not

SPSM may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (SPSM pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from State Street.