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State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM (State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF) is an index US Equity ETF by State. With a 0.03% MER, it provides diversified exposure through 196 holdings. Quarterly distribution with a 1.20% yield.
SPTM by State is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.03% MER makes it one of the most cost-effective options in its category.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).