4 min readBy Ron Koren ETF Insider
DWAS Vs VFMO: Sectors and Top Holdings
DWAS and VFMO offer distinct avenues for investors seeking exposure to momentum factors within the U.S. equity market. ETF Insider empowers investors.
The SPDR EURO STOXX Small Cap ETF (SMEZ) is managed by State Street Global Advisors Funds Management, Inc. (SSGA FM). As of its inception, the fund aims to track the performance of the EURO STOXX Small Index, which represents small companies across the Eurozone, consisting of European Union countries that have adopted the Euro as their currency. SSGA FM employs a sampling strategy to achieve this goal, allowing them to hold a portfolio of securities with similar risk and return characteristics as the Index. The ETF typically invests substantially all, but at least 80%, of its assets in the securities comprising the Index and may use futures contracts to manage cash flows and track the Index's performance. SMEZ offers investors exposure to small-cap stocks in the Eurozone, providing diversification within the European equity market.
While the primary objective of the ETF tracking the EURO STOXX Small Index, SMEZ, may revolve around tracking the performance of small European companies, it's essential to note that dividends are influenced by the constituent companies' individual dividend policies and performances. The fund employs a sampling strategy to replicate the index's risk and return characteristics, which may lead to variations in the dividend distribution. Investors should be aware that SMEZ may focus on capital appreciation rather than offering consistent dividend income.
SMEZ, the SPDR EURO STOXX Small Cap ETF, aims to replicate the performance of the EURO STOXX Small Index through a sampling strategy. This strategy allows the fund to invest in a subset of securities within the index while maintaining similar risk and return characteristics. While typically investing at least 80% of its assets in index components, SMEZ may also hold non-index equity securities, depositary receipts, money market instruments, and futures contracts to align with the index. The EURO STOXX Small Index comprises small-cap companies across the Eurozone, providing diversification across various sectors and countries, subject to quarterly reconstitution.
The correlation aspect of the SPDR EURO STOXX Small Cap ETF (SMEZ) is vital for understanding its performance in relation to the EURO STOXX Small Index. As SMEZ seeks to track this specific index, its correlation with the Eurozone's small-cap equities market is expected to be quite strong. This high correlation makes SMEZ a valuable tool for investors looking to gain exposure to European small-cap stocks within their portfolios. Analyzing SMEZ's correlation with other asset classes and sectors can provide valuable insights into market trends. If you want to delve deeper into SMEZ's correlations and overlap with other ETFs, consider using ETF Insider's web app for comprehensive data and visualizations.
The SMEZ Sector, represented by the SPDR EURO STOXX Small Cap ETF (SMEZ), primarily focuses on small-cap companies across the Eurozone. This ETF seeks to track the performance of the EURO STOXX Small Index, which consists of Eurozone stocks from various sectors, including industrial and real estate. SMEZ aims to provide investors with exposure to smaller companies within the Eurozone, offering diversification across multiple countries and industries. However, it's important to note that investing in smaller-cap stocks can involve higher volatility and risk compared to larger, more established companies.
The exposure profile of the SPDR EURO STOXX Small Cap ETF (SMEZ) is centered on providing investors access to small-cap companies across the Eurozone. This ETF aims to mirror the performance of the EURO STOXX Small Index, which represents a diverse range of European small-cap stocks. The index includes companies from various sectors, such as industrials and real estate, across multiple Eurozone countries, offering investors a way to tap into the growth potential of smaller European businesses.
ETF Insider is a data-driven portfolio analytics and optimization platform that introduces a more efficient and practical way to visualize, analyze and optimize portfolios.
Rather than focusing on the surface-level attributes of ETFs and Mutual Funds, ETF Insider goes deeper by examining the underlying holdings of exchange traded products.
By organizing and structuring that data, investors can easily navigate within their overlapping layers.
This innovative perspective combined with modern data visualization and modeling tools, provides an entirely new approach to portfolio optimization that can quickly expose both portfolio inefficiencies and opportunities.
4 min readDWAS and VFMO offer distinct avenues for investors seeking exposure to momentum factors within the U.S. equity market. ETF Insider empowers investors.
4 min readThe SMEZ ETF is a specialized investment fund that focuses on a specific sector. This exchange-traded fund offers investors exposure to a range of companies in this sector.
4 min readChoosing the best Dow Jones Industrial Average ETF involves careful consideration of various factors, including expense ratios, and unique features.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
