Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
$93.95+0.03 (+0.03%)
- 0.03%
- $14.3B
- +20.3%
- 1.04%
- 0.5M sh
- $93.99
- low $76.54high $94.62
The ETF.net SPTM Grade
A
Score 74 out of 100
- 3 of 11
Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A75 out of 100Rank 2 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 11Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B59 out of 100Rank 2 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 2 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C47 out of 100Rank 8 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 6 of 11
Our read on SPTM
AOne ticker for the whole US market ladder: about 1,500 large, mid and small caps from S&P's composite index at 3 basis points. Running since 2000, at half the fee of the typical total-market rival.
The fund seeks to provide investment results that generally correspond to the total return of the S&P Composite 1500 Index, offering broad U.S. equity exposure across market capitalizations.
Why people hold it
- 0.03% a year, half the 0.06% median for total-market rivals. In a category where cost is most of the argument, it sits in the cheap tier.
- One job, done plainly: large, mid and small cap US stocks in a single wrapper, about 1,500 names, no sector bets or style tilts, and it has tracked its index closely.
- Launched in 2000, so it has traded through the dot-com bust, 2008 and 2020. A multi-billion-dollar fund that changes hands actively every day.
- Stands in the upper half of its total-market peer group next to VTI, SCHB and ITOT, and matches ITOT's declared index at the same 0.03% fee.
Worth knowing
- Liquidity is solid rather than category-leading. The largest total-market funds trade heavier, so spreads here can run a little wider on big or hurried orders.
- US only. International stocks sit outside the mandate, so global exposure has to come from somewhere else in the portfolio.
- Owning the whole US market means owning its drawdowns: no buffer, no hedge, no cash cushion. Cash comes back as a quarterly distribution.
SPTM Holdings
- Stocks
- 1,512
- 36%
- NVDA
Sectors
- Technology38.7%
- Financials11.5%
- Health Care9.2%
- Communication9.2%
- Consumer Discretionary9.1%
- Industrials8.4%
- Consumer Staples4.4%
- Energy3.7%
- Real Estate2.0%
- Utilities1.9%
- Materials1.7%
Geography
- United States97.89%
- Ireland1.12%
- United Kingdom0.47%
- Switzerland0.27%
- Bermuda0.11%
- Netherlands0.08%
- Cayman Islands0.02%
- Canada0.02%
- 0.02%
SPTM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPTM$12,029
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPTM |
|---|---|
| Year to date | +14.8% |
| 1 month | +1.8% |
| 3 months | +2.8% |
| 1 year | +20.3% |
| 3 years | +22.5% |
| 5 years | +13.5% |
| 10 years | +15.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPTM |
|---|---|---|
| 2026 YTD | +14.8% | |
| 2025 | +16.9% | |
| 2024 | +23.9% | |
| 2023 | +25.5% | |
| 2022 | −17.8% | |
| 2021 | +28.6% | |
| 2020 | +18.0% |
SPTM in the news
SPTM Dividends
- 1.04%
- $0.98
- $0.25 per share
- Quarterly
Distribution history
SPTM Risk
- 12.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPTM Cost
0.03%
SPTM0.03%
- The middle half of Total US Market funds
- Median 0.06%
1 of the 11 Total US Market funds charge less.
Other funds in Total US Market
- AVTIVanguard Morningstar Total Stock Market ETFExpense ratio 0.03%1 year return +19.9%
- ASCHBSchwab U.S. Broad Market ETFExpense ratio 0.03%1 year return +19.9%
- ABBUSJPMorgan BetaBuilders U.S. Equity ETFExpense ratio 0.02%1 year return +20.0%
- BDFUSDimensional U.S. Equity ETFExpense ratio 0.09%1 year return +20.4%
- BVTHRVanguard Russell 3000 ETFExpense ratio 0.06%1 year return +19.8%