Education
About Us
Working with TipRanks
Follow Us
ESIX - AI Analysis
Top Page
SPDR S&P SmallCap 600 ESG ETF (ESIX)
Rating:68Neutral
Price Target:
$34.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like InterDigital and Sanmina-Sci, have delivered strong year-to-date performance, supporting overall returns.
Low Expense Ratio
The ETF charges a very low expense ratio compared to industry averages, making it cost-efficient for investors.
Broad Sector Diversification
The fund is spread across 11 sectors, reducing the impact of poor performance in any single industry.
Negative Factors
High Geographic Concentration
The ETF is heavily focused on U.S. companies, offering little exposure to international markets.
Recent Performance Weakness
The ETF has struggled with negative returns over the past month and year-to-date, which may concern investors seeking consistent growth.
Small Asset Base
The fund's relatively low assets under management could limit liquidity and scalability compared to larger ETFs.
ESIX vs. SPDR S&P 500 ETF (SPY)
AUM6.91M
RegionNorth America
Expense Ratio0.12%
Beta0.99
IssuerState Street
Inception DateJan 10, 2022
Dividend Yield1.87%
Asset ClassEquity
Index TrackedS&P SmallCap 600 ESG Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume623
30 Day Avg. Volume1,074
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
36.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering399
ESIX Summary
The SPDR S&P SmallCap 600 ESG ETF (ticker: ESIX) is an investment fund that focuses on small-cap companies in the U.S. that meet environmental, social, and governance (ESG) standards. It tracks the S&P SmallCap 600 ESG Index, offering exposure to industries like technology, financials, and healthcare. Some of its top holdings include well-known companies like Etsy and BorgWarner. This ETF could be a good choice for investors looking to support sustainable businesses while aiming for growth potential in smaller companies. However, small-cap stocks can be more volatile than larger companies, meaning their prices may rise and fall more dramatically.
How much will it cost me?The SPDR S&P SmallCap 600 ESG ETF (ESIX) has an expense ratio of 0.12%, which means you’ll pay $1.20 per year for every $1,000 invested. This is lower than average for ETFs because it is passively managed, tracking the S&P SmallCap 600 ESG Index rather than relying on active stock picking.
What would affect this ETF?The ESIX ETF, focused on U.S. small-cap companies with strong ESG principles, could benefit from increased interest in sustainable investing and potential growth in sectors like technology and industrials, which are heavily weighted in its portfolio. However, small-cap stocks are often more sensitive to economic downturns, and rising interest rates or regulatory changes affecting ESG criteria could negatively impact the fund's performance. Its reliance on U.S. companies also makes it vulnerable to domestic economic challenges.
ESIX Top 10 Holdings
The SPDR S&P SmallCap 600 ESG ETF (ESIX) leans heavily into U.S. small-cap stocks, with a notable focus on industrials, financials, and technology sectors. Advanced Energy and Sanmina-Sci are rising stars, benefiting from strong earnings and strategic growth in semiconductors and manufacturing, respectively. InterDigital also shines, bolstered by robust profitability and strategic agreements. However, SPX Technologies and Federal Signal are lagging slightly, with valuation concerns and weak momentum holding them back. Overall, the fund’s sector diversity and ESG focus provide a balanced yet growth-oriented approach, though some holdings face valuation headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| InterDigital | 1.06% | $72.93K | $9.32B | 118.44% | 81 Outperform | |
| SPX | 1.01% | $70.00K | $11.06B | 54.19% | 75 Outperform | |
| Lumen Technologies | 1.01% | $69.75K | $10.54B | 58.16% | 57 Neutral | |
| BorgWarner | 0.99% | $68.15K | $9.19B | 31.03% | 72 Outperform | |
| Armstrong World | 0.86% | $59.07K | $8.21B | 34.60% | 73 Outperform | |
| Qorvo | 0.84% | $57.79K | $8.77B | 33.00% | 67 Neutral | |
| Advanced Energy | 0.80% | $55.31K | $7.63B | 86.80% | 75 Outperform | |
| CareTrust REIT | 0.78% | $54.03K | $7.74B | 7.04% | 79 Outperform | |
| Sanmina-Sci | 0.75% | $51.62K | $7.30B | 92.08% | 79 Outperform | |
| Federal Signal | 0.73% | $50.24K | $7.18B | 41.38% | 73 Outperform |
ESIX Technical Analysis
Neutral
―
Price Trends
31.35
Negative
30.56
Positive
29.70
Positive
Market Momentum
-0.08
Positive
43.53
Neutral
6.71
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ESIX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 31.05, equal to the 50-day MA of 31.35, and equal to the 200-day MA of 29.70, indicating a neutral trend. The MACD of -0.08 indicates Positive momentum. The RSI at 43.53 is Neutral, neither overbought nor oversold. The STOCH value of 6.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ESIX.
ESIX Peer Comparison
Comparison Results
Performance Comparison
ESIX
SPDR S&P SmallCap 600 ESG ETF
30.74
0.15
0.49%
ITWO
ProShares Russell 2000 High Income ETF
―
―
―
FLQS
Franklin LibertyQ U.S. Small Cap Equity ETF
―
―
―
STXK
Strive 2000 ETF
―
―
―
OASC
OneAscent Small Cap Core ETF
―
―
―
BKSE
BNY Mellon US Small Cap Core Equity ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents