SPDR® MFS Systematic Core Equity ETF

SYE

Key Features

  • The SPDR® MFS Systematic Core Equity ETF investment objective is to seek capital appreciation
  • Seeks to offer the relatively low cost, intraday trading capability and transparency of a SPDR ETF combined with active stock selection by MFS Investment Management - a widely recognized investment researcher and portfolio manager
  • Strives for capital appreciation by applying a consistent, disciplined bottom-up stock selection and portfolio construction process with the goal of generating consistent, long-term risk-adjusted performance
  • Seeks to outperform the S&P 500, selecting a combination of growth and value stocks for the core portion of portfolios

Fund Information

As of 12/05/2019
Ticker Symbol SYE
Primary Benchmark S&P 500 Index
CUSIP 78467V806
Options Available No
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.60%
Inception Date 01/08/2014
Investment Manager SSGA Funds Management, Inc.
Sub-advisor Massachusetts Financial Services Company
Distributor State Street Global Advisors Funds Distributors, LLC
Distribution Frequency Quarterly
Exchange NYSE ARCA EXCHANGE

Fund Documents

Fund Performance

MONTH END As of 10/31/2019 QUARTER END As of 09/30/2019
1 Month2.96%2.62%
QTD2.96%1.54%
YTD21.12%17.64%
1 Year12.35%3.04%
3 Year14.41%13.05%
5 Year11.20%11.28%
10 YearN/AN/A
Inception
12.10%11.72%
Performance Disclosure

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Fund Characteristics

As of 12/04/2019
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

11.33%
Number of Holdings 43
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund’s portfolio as calculated for the last twelve months.

2.60
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

14.90
Weighted Average Market Cap $293,131.16 M

Fund Market Price

As of 12/04/2019
Bid/Ask $87.36
Closing Price $87.37
Day High $87.51
Day Low $87.37
Exchange Volume (shares) 413
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask – Closing NAV)  /  Closing NAV * 100)

0.01%

Yields

As of 12/03/2019
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

1.49%
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

1.58%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

1.92%

Fund Net Asset Value

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

As of 12/04/2019
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$87.35
Shares Outstanding 500,000
Total Net Assets $43.68 M

Index Characteristics

As of 12/04/2019
Est. 3-5 Year EPS Growth 10.72%
Number of Holdings 505
Price/Cash Flow 13.31
Price/Earnings 21.78
Price/Earnings Ratio FY1 19.23
Return On Equity 142.32%

Fund Net Cash Amount

As of 12/04/2019
Net Cash Amount $495,910.18

Index Statistics

As of 12/04/2019
Weighted Average Market Cap $273,405.90 M
Average Size
Mean $56,110.50 M
Median $22,972.31 M
Size Range
Largest $1,162,972.50 M
Smallest $3,807.12 M

Purchase Information

Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.

Performance Chart

Fund Before Tax Fund After Tax
Annualized
As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Inception
01/08/2014
Month End
NAV 10/31/2019 2.96% 2.96% 21.12% 12.35% 14.41% 11.20% N/A 12.10%
Market Value 10/31/2019 2.96% 2.96% 21.56% 12.56% 14.46% 11.32% N/A 12.11%
Return after Taxes on Distributions 10/31/2019 2.96% 2.96% 20.50% 11.64% 13.82% 10.39% N/A 11.34%
Return after Taxes on Distributions and Sale of Fund Shares 10/31/2019 1.75% 1.75% 12.49% 7.36% 11.17% 8.63% N/A 9.47%
S&P 500 Index 10/31/2019 2.17% 2.17% 23.16% 14.33% 14.91% 10.78% 13.70% 11.29%
Quarter End
NAV 09/30/2019 2.62% 1.54% 17.64% 3.04% 13.05% 11.28% N/A 11.72%
Market Value 09/30/2019 2.72% 1.61% 18.07% 3.25% 13.07% 11.35% N/A 11.73%
Return after Taxes on Distributions 09/30/2019 2.44% 1.37% 17.04% 2.39% 12.47% 10.48% N/A 10.96%
Return after Taxes on Distributions and Sale of Fund Shares 09/30/2019 1.55% 0.91% 10.44% 1.86% 10.09% 8.71% N/A 9.15%
S&P 500 Index 09/30/2019 1.87% 1.70% 20.55% 4.25% 13.39% 10.84% 13.24% 11.05%
Fund Before Tax Fund After Tax
Annualized
As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Inception
01/08/2014
Month End
NAV 10/31/2019 2.96% 2.96% 21.12% 12.35% 14.41% 11.20% N/A 12.10%
Market Value 10/31/2019 2.96% 2.96% 21.56% 12.56% 14.46% 11.32% N/A 12.11%
Return after Taxes on Distributions 10/31/2019 2.96% 2.96% 20.50% 11.64% 13.82% 10.39% N/A 11.34%
Return after Taxes on Distributions and Sale of Fund Shares 10/31/2019 1.75% 1.75% 12.49% 7.36% 11.17% 8.63% N/A 9.47%
S&P 500 Index 10/31/2019 2.17% 2.17% 23.16% 14.33% 14.91% 10.78% 13.70% 11.29%
Quarter End
NAV 09/30/2019 2.62% 1.54% 17.64% 3.04% 13.05% 11.28% N/A 11.72%
Market Value 09/30/2019 2.72% 1.61% 18.07% 3.25% 13.07% 11.35% N/A 11.73%
Return after Taxes on Distributions 09/30/2019 2.44% 1.37% 17.04% 2.39% 12.47% 10.48% N/A 10.96%
Return after Taxes on Distributions and Sale of Fund Shares 09/30/2019 1.55% 0.91% 10.44% 1.86% 10.09% 8.71% N/A 9.15%
S&P 500 Index 09/30/2019 1.87% 1.70% 20.55% 4.25% 13.39% 10.84% 13.24% 11.05%
Swipe to view all columns
Performance Disclosure

Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.60%

Performance Graphs

Month End as of 10/31/2019

Fund Inception Date: 01/08/2014

Index Inception Date: 03/04/1957

<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; MFS Systematic Core Equity ETF" bmarkName="S&amp;P 500 Index"><funds><field>1 Month</field><fund>2.96</fund><index>2.17</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>QTD</field><fund>2.96</fund><index>2.17</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>YTD</field><fund>21.12</fund><index>23.16</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>1 YR</field><fund>12.35</fund><index>14.33</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>3 YR</field><fund>14.41</fund><index>14.91</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>5 YR</field><fund>11.20</fund><index>10.78</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>10 YR</field><fund></fund><index>13.70</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>Inception</field><fund>12.10</fund><index>11.29</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds></performance>

Quarter End as of 09/30/2019

Fund Inception Date: 01/08/2014

Index Inception Date: 03/04/1957

<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; MFS Systematic Core Equity ETF" bmarkName="S&amp;P 500 Index"><funds><field>1 Month</field><fund>2.62</fund><index>1.87</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>QTD</field><fund>1.54</fund><index>1.70</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>YTD</field><fund>17.64</fund><index>20.55</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>1 YR</field><fund>3.04</fund><index>4.25</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>3 YR</field><fund>13.05</fund><index>13.39</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>5 YR</field><fund>11.28</fund><index>10.84</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>10 YR</field><fund></fund><index>13.24</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>Inception</field><fund>11.72</fund><index>11.05</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds></performance>

Fund Top Holdings

Subject to change.

As of 12/04/2019
Name Weight Shares Held
Microsoft Corp 7.42 % 21,587
Apple Inc 6.89 % 11,481
Intel Corp 4.08 % 31,745
Citigroup Inc 3.90 % 22,916
Johnson & Johnson 3.88 % 12,133
Philip Morris International Inc 3.61 % 19,182
STORE Capital Corp REIT 3.37 % 36,637
Alphabet Inc Class C 3.22 % 1,063
Tyson Foods Inc 3.20 % 15,642
Starbucks Corp 3.15 % 16,093

Index Top Holdings

As of 12/04/2019
Name Weight
Microsoft Corporation 4.42 %
Apple Inc. 4.30 %
Amazon.com Inc. 2.83 %
Facebook Inc. Class A 1.85 %
Berkshire Hathaway Inc. Class B 1.66 %
JPMorgan Chase & Co. 1.64 %
Alphabet Inc. Class C 1.54 %
Alphabet Inc. Class A 1.53 %
Johnson & Johnson 1.42 %
Visa Inc. Class A 1.21 %

Fund Sector Allocation

As of 12/04/2019
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>12/04/2019</asOfDate><code>FUND_SECTOR_ALLOCATION</code><attributes><attribute><rawValue>25.754779</rawValue><value>25.75%</value><label>Information Technology</label><order>1</order></attribute><attribute><rawValue>16.211259</rawValue><value>16.21%</value><label>Health Care</label><order>2</order></attribute><attribute><rawValue>12.627147</rawValue><value>12.63%</value><label>Financials</label><order>3</order></attribute><attribute><rawValue>7.580325</rawValue><value>7.58%</value><label>Consumer Staples</label><order>4</order></attribute><attribute><rawValue>7.56968</rawValue><value>7.57%</value><label>Industrials</label><order>5</order></attribute><attribute><rawValue>7.408973</rawValue><value>7.41%</value><label>Consumer Discretionary</label><order>6</order></attribute><attribute><rawValue>6.954844</rawValue><value>6.95%</value><label>Communication Services</label><order>7</order></attribute><attribute><rawValue>5.885592</rawValue><value>5.89%</value><label>Utilities</label><order>8</order></attribute><attribute><rawValue>5.810147</rawValue><value>5.81%</value><label>Real Estate</label><order>9</order></attribute><attribute><rawValue>3.790602</rawValue><value>3.79%</value><label>Energy</label><order>10</order></attribute><attribute><rawValue>0.406652</rawValue><value>0.41%</value><label>Materials</label><order>11</order></attribute></attributes></component>

Index Sector Allocation

As of 12/04/2019
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>12/04/2019</asOfDate><code>BMARK_SECTOR_ALLOCTAION</code><attributes><attribute><rawValue>22.62</rawValue><value>22.62%</value><label>Information Technology</label><order>1</order></attribute><attribute><rawValue>14.24</rawValue><value>14.24%</value><label>Health Care</label><order>2</order></attribute><attribute><rawValue>13.12</rawValue><value>13.12%</value><label>Financials</label><order>3</order></attribute><attribute><rawValue>10.51</rawValue><value>10.51%</value><label>Communication Services</label><order>4</order></attribute><attribute><rawValue>9.74</rawValue><value>9.74%</value><label>Consumer Discretionary</label><order>5</order></attribute><attribute><rawValue>9.17</rawValue><value>9.17%</value><label>Industrials</label><order>6</order></attribute><attribute><rawValue>7.37</rawValue><value>7.37%</value><label>Consumer Staples</label><order>7</order></attribute><attribute><rawValue>4.27</rawValue><value>4.27%</value><label>Energy</label><order>8</order></attribute><attribute><rawValue>3.34</rawValue><value>3.34%</value><label>Utilities</label><order>9</order></attribute><attribute><rawValue>3.0</rawValue><value>3.00%</value><label>Real Estate</label><order>10</order></attribute><attribute><rawValue>2.64</rawValue><value>2.64%</value><label>Materials</label><order>11</order></attribute></attributes></component>

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines.

Unless otherwise noted all information contained herein is that of the SPDR MFS Systematic Core Equity ETF.

State Street Global Advisors Funds Distributors, LLC is the distributor for some registered products on behalf of the advisor. SSGA Funds Management has retained Massachusetts Financial Services Company as the sub-advisor. State Street Global Advisors Funds Distributors, LLC is not affiliated with Massachusetts Financial Services Company.

No Team Members exists.

After Tax Returns

After-tax returns are calculated using the historical highest individual federal marginal income tax rates, and do not reflect the impact of state and local taxes. Actual after tax returns depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.

S&P 500 Index

The S&P 500® Index is composed of five hundred (500) selected stocks, all of which are listed on national stock exchanges and spans over 25 separate industry groups.

Important Risk Information

In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund.

Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

Actively managed ETFs do not seek to replicate the performance of a specified index. The Fund is actively managed and may underperform its benchmarks. An investment in the fund is not appropriate for all investors and is not intended to be a complete investment program. Investing in the fund involves risks, including the risk that investors may receive little or no return on the investment or that investors may lose part or even all of the investment.

The Fund may emphasize a "growth" style of investing. The market values of growth stocks may be more volatile than other types of investments. The prices of growth stocks tend to reflect future expectations, and when those expectations change or are not met, share prices generally fall. The returns on "growth" securities may or may not move in tandem with the returns on other styles of investing or the overall stock market.

The Fund may emphasize a "value" style of investing that emphasizes undervalued companies with characteristics for improved valuations, which may never improve and may actually have lower returns than other styles of investing or the overall stock market.

Returns on investments in stocks of large U.S. companies could trail the returns on investments in stocks of smaller and mid-sized companies.

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

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

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.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Glossary

Premium Discount to NAV

As of 12/04/2019
Ticker NAV Close Bid/Ask Mid Pt Premium/ Discount
SPDR® MFS Systematic Core Equity ETF SYE $87.35 $87.37 $87.36 0.01%
Download Fund Data

x axis: # of days y axis: # Premium/Discount percentage

The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

Centralized Systematic Valuation Aggregated Cash Flow (ACF) File

This information provided is calculated by Bloomberg Finance L.P., a third party not affiliated with SSGA. Neither SSGA nor its affiliates assume any liability for or guarantee the timeliness, accuracy and completeness of the information provided. The information provided is as of the date indicated and is subject to change.

This analysis or any portion thereof may not be revised or changed in any way, reprinted, sold or redistributed without the written consent of SSGA.

This cash flow table and the data contained herein (together, "Content") is provided for informational purposes only, on an "as is" basis. No source of Content, or any of its affiliates (each a "Source"), makes any warranty, express or implied, that the Content is accurate, complete or error-free, and it should not be relied upon as such. No Source guarantees the timeliness, reliability, performance, continued availability, or currency of the Content or any results obtained therefrom. No Source shall be liable for any damages, including without limitation, any special, punitive, indirect, incidental or consequential damages, or any lost profits, arising from the use of or reliance on the Content, even if advised of the possibility of such damages. Nothing in the Content shall constitute or be construed as an offering of financial instruments by any Source, or as investment advice or recommendations by such entities of an investment strategy or whether or not to "buy", "sell" or "hold" an investment.

I AGREE CLOSE