Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index applies an alternative weighting methodology to the S&P Composite 1500 Index so that stocks with relatively low valuations (i.e., relatively cheap) are overweight relative to the S&P Composite 1500 Index and stocks with relatively high valuations are underweight.
Frequently asked questions
What is the SPDR® S&P 1500 Value Tilt ETF (VLU) expense ratio?
The SPDR® S&P 1500 Value Tilt ETF funds expense ratio is 0.12%.
What is SPDR® S&P 1500 Value Tilt ETF (VLU) current stock price?
As of the latest data, SPDR® S&P 1500 Value Tilt ETF stock price is $246.61, with a previous close of $245.90. SPDR® S&P 1500 Value Tilt ETF gained $0.71 in the last trading session, representing a 0.29% increase.
Does SPDR® S&P 1500 Value Tilt ETF (VLU) pay dividends?
Yes. SPDR® S&P 1500 Value Tilt ETF pays quarterly dividends with an annualized yield of 1.61% and an estimated annual payout of $3.97 per share.