State Street SPDR US Small Cap Low Volatility Index ETF
State Street SPDR US Small Cap Low Volatility Index ETF (SMLV) Implied Volatility Current
SMLV implied volatility is 17%. IV Rank is 59%, placing current premiums in the middle of their 52-week range.
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Tracking SMLV implied volatility helps you identify when options premiums on State Street SPDR US Small Cap Low Volatility Index ETF are historically cheap or expensive, and where the best trades are hiding. State Street SPDR US Small Cap Low Volatility Index ETF implied volatility reflects the market's expectation of future price movement: when SMLV IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor State Street SPDR US Small Cap Low Volatility Index ETF's implied volatility current levels in real time and filter for high-probability trades.
Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For SMLV, tracking metrics like SMLV IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on SMLV signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.
The State Street SPDR US Small Cap Low Volatility Index ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the State Street US Small Cap Low Volatility Index (the "Index")The index constituents are a subset of the 2000 U.S. stocks list on a U.S. exchange whose market capitalizations rank from 1,001 to 3,000 as of the Index rebalance dateIndex utilizes a rules based process that seeks to increase exposure to stocks in the Index universe that exhibit low volatilityThe index weights securities such that securities with the lower volatility receive the highest weights, subject to liquidity constraints
Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where SMLV implied volatility sits today versus where it has been. Our scanner ranks State Street SPDR US Small Cap Low Volatility Index ETF implied volatility against its historical range, surfaces extremes in SMLV IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether State Street SPDR US Small Cap Low Volatility Index ETF IV is rich or cheap — measure it, then act on it.
Implied Volatility
IV is slightly elevated - premiums are richer, leaning toward sellers.
As of September 15, 2026
Trade options with IV on your side
Track SMLV IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.
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