Fund report

US-listed

VLU

The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of U.S. equity securities exhibiting 'value' characteristics.
State Street(R) SPDR(R) S&P(R) 1500 Value Tilt ETF
State Street (SPDR)

1,480 holdings as of 2026-06-30 · top 10 = 18.0% · TER 0.12% · P/E 20.0

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Concentration
Well diversifiedtop 10 = 18.0%
diversifiedconcentrated
GROWTH · PRICE DEVELOPMENTrebased to 0%
Holdings
1,480
as of 2026-06-30
Top 10
18.0%
TER
0.12%
cheaper than 91% of peers
Net assets
US$761M
reported in USD
Largest
2.6%
P / E
20.0
covers 94% by weight
01Overview
the fund's regulatory facts
Fund currency
USD
Volatility 1Y
10.6%
Tracked index
S&P 1500 Low Valuation Tilt Index
How it tracks
Index, sampling
02Valuation and performance
market price return · as of 2026-09-02
1M
+1.0%
3M
+4.7%
6M
+11.1%
YTD
+17.8%
1Y
+23.9%
Valuation1,444 companies covered · weighted, profitable holdings only
20.0
price / earnings
MethodologyCompany-data coverageThe rest is 5% loss-making companies, which carry no P/E by the positive-earner convention; 1% bonds, cash or other non-equity.
4.4%
MethodologyEarnings yieldP/E is price over earnings; earnings yield is the reverse, earnings over price, and reads like a bond yield. P/E covers only the profitable holdings, since a loss-making company has no meaningful P/E. Earnings yield counts the loss-makers too, so it covers more of the fund and can fall below zero when the holdings lose money overall.
covers 99% by weight
2.67
price / book
covers 86% by weight

Computed from company filings and reported position values. MethodologyPortfolio valuationComputed by us from each company's own financial statements and the position values funds report, currency-adjusted and weighted harmonically. P/E covers profitable holdings only. Book value uses the most recent reported quarter.. Not investment advice.

03Holdings
50 largest · as of 2026-06-30
#CompanyIdentifierWeight
1AMAZON.COM INC USAMZN
2.6
2BERKSHIRE HATHAWAY INC. USBRK/B
2.5
3Microsoft Corp USMSFT
2.3
4ALPHABET INC USGOOG
2.2
5Apple Inc USAAPL
1.9
6JPMorgan Chase & Co USJPM
1.4
7UnitedHealth Group Inc USUNH
1.4
8Micron Technology Inc USMU
1.3
9Verizon Communications Inc USVZ
1.2
10WALMART INC. USWMT
1.2
11META PLATFORMS INC-CLASS A USMETA
1.1
12Exxon Mobil Corp USXOM
1.1
13Bank of America Corp USBAC
1.0
14CVS HEALTH CORPORATION USCVS
0.9
15NVIDIA CORP USNVDA
0.9
16ADVANCED MICRO DEVICES USAMD
0.9
17Intel Corp USINTC
0.9
18DELL TECHNOLOGIES INC. USDELL
0.9
19Chevron Corp USCVX
0.8
20JOHNSON & JOHNSON USJNJ
0.7
21CITIGROUP INC. USC
0.7
22Wells Fargo & Co USWFC
0.6
23Comcast Corp USCMCSA
0.6
24ELEVANCE HEALTH, INC. USELV
0.6
25TESLA INC USTSLA
0.6
26Home Depot Inc/The USHD
0.6
27CISCO SYSTEMS, INC. USCSCO
0.6
28United Parcel Service Inc USUPS
0.6
29T-MOBILE US, INC. USTMUS
0.6
30AT&T Inc UST
0.5
31Marathon Petroleum Corp USMPC
0.5
32Merck & Co Inc USMRK
0.5
33THE CIGNA GROUP USCI
0.5
34Pfizer Inc USPFE
0.5
35BROADCOM INC USAVGO
0.5
36GENERAL MOTORS COMPANY USGM
0.5
37AbbVie Inc USABBV
0.5
38Truist Financial Corporation USTFC
0.4
39Visa Inc USV
0.4
40Walt Disney Co/The USDIS
0.4
41THE PROCTER & GAMBLE COMPANY USPG
0.4
42Target Corp USTGT
0.4
43MORGAN STANLEY USMS
0.4
44Cardinal Health Inc USCAH
0.4
45QUALCOMM Inc USQCOM
0.4
46Cencora Inc USCOR
0.4
47Ford Motor Co USF
0.4
48THE GOLDMAN SACHS GROUP, INC. USGS
0.4
49Pepsico, Inc. USPEP
0.4
50INTERNATIONAL BUSINESS MACHINES CORPORATION USIBM
0.4
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04Exposure
Equity 99.1%Cash 0.9%
By sector
Financial Services20.1%
Technology17.2%
Healthcare12.2%
Consumer Cyclical10.0%
Industrials9.3%
Communication Services8.0%
Consumer Defensive7.1%
Energy6.2%
Utilities3.6%
Real Estate3.2%
Materials2.9%
By country
USUnited States97.4%
IEIreland1.7%
BMBermuda0.6%
CHSwitzerland0.5%
NLNetherlands0.3%
JEJersey0.1%
LRLR0.1%
GBUnited Kingdom0.1%
CurrencyUSD 98.0% EUR 1.9% CHF 0.5% GBP 0.2% CAD 0.0%
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