SsgA Introduces Low Volatility ETFs

The exchange-traded funds (ETFs) are designed to provide investors with exposure to small- and large-cap equities while managing risk.  

The SPDR Russell 2000 Low Volatility ETF seeks to track the performance of the Russell 2000 Low Volatility Index. The index is composed of low volatility stocks from the Russell 2000 Index based on volatility from the previous 252 trading days. The index is then optimized to provide low volatility small-cap exposure while managing turnover and neutralizing other factors, such as beta and momentum. The index is reconstituted monthly to maintain its focus on low volatility securities, and as of January 31, included approximately 164 securities. The SPDR Russell 2000 Low Volatility ETF’s expense ratio is 0.25%.  

The SPDR Russell 1000 Low Volatility ETF seeks to track the performance of the Russell 1000 Low Volatility Index. The index is composed of low volatility stock from the Russell 1000 Index based on volatility from the previous 252 trading days. The index is then optimized to provide low volatility large cap exposure while managing turnover and neutralizing other factors, such as beta and momentum. The index is reconstituted monthly, and as of January 31, included approximately 95 securities. The SPDR Russell 1000 Low Volatility ETF’s expense ratio is 0.20%.  

More information is at www.spdrs.com.