When a company such as SPDR Series Trust - Portfolio S&P 1500 Composite Stock Market ETF splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the SPTM split history from start to finish, an original position size of 1000 shares would have turned into 6000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SPDR Series Trust - Portfolio S&P 1500 Composite Stock Market ETF shares, starting with a $10,000 purchase of SPTM, presented on a split-history-adjusted basis factoring in the complete SPTM split history.

About SPDR Series Trust - Portfolio S&P 1500 Composite Stock Market ETF

SPDR Dow Jones Total Market is an open-end investment management company. The Fund seeks to provide investment results, that correspond to the total return performance of an index. In seeking to track the performance of the Dow Jones U.S. Total Stock Market Index (the Index), the Fund employs a sampling strategy. The Index is a float-adjusted market capitalization weighted index, which reflects shares of securities actually available to investors in the marketplace. As of June 30 2015, the Fund's total assets and investment porfolio totaled $264,716,730 and $260,036,859, respectively. According to our SPTM split history records, SPDR Series Trust - Portfolio S&P 1500 Composite Stock Market ETF has had 1 split.

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