About SLYG ETF
ETF Name: State Street Small Cap ETF (SLYG)
Sector: SLYG has invested in Industrials (20%), Healthcare (19%), Technology (17%), Financials (14%) and Consumer Cyclical (11%).
Geography: SLYG has invested 100% of its assets in U.S.
Fund Manager Name: State Street
ETF Description: SLYG selects stocks through factors such as sales growth, earnings change to price, and momentum. It also makes sector bets relative to our benchmark, including a big overweight to financial firms. SLYG holds more than 350+ stocks and a single stock does not account for more than 1.5% of funds assets.
What ETFdb says about it: The investment thesis behind small caps is that these firms are likely to provide strong growth prospects to a portfolio and should have a much easier time growing then their large cap counterparts.
Why is that Kristal there: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. SLYG trades well, however spread can be large sometimes and is suitable for large investors. The ETF has a low fee and good tracking. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Fund Manager Description: State Street was incorporated in 1792, has four decades of experience meeting complex client needs and is the third largest asset manager in the world managing $2.73T. It is the 2nd United States bank on the list of oldest banks in continuous operation. State Street is ranked 14th on the list of largest banks in the United States by assets.
Small Cap Index Fund: NAESX (ETF) vs. SLYG (Mutual Fund)
The Top 5 Small-Cap Growth ETFs for 2016 (SLYG, RZG, VBK, IWO, JKK)