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The SPDR S&P 500 ETF Trust (SPY) is one of the most popular and widely traded exchange-traded funds (ETFs) in the world. Here are some key details:
Overview
Ticker Symbol: SPY
Inception Date: January 22, 1993
Issuer: State Street Global Advisors
Expense Ratio: 0.09%
Net Assets: Approximately $562.5 billion12
Investment Objective
SPY aims to replicate the performance of the S&P 500 Index, which includes 500 of the largest publicly traded companies in the U.S. The ETF holds a portfolio of these stocks in the same weightings as the index2.
Performance
Year-to-Date Return: 18.22%
1-Year Return: 26.06%
3-Year Return: 9.04%1
Top Holdings
SPY’s top holdings include major companies like:
Apple Inc. (AAPL): 6.90%
Microsoft Corporation (MSFT): 6.70%
NVIDIA Corporation (NVDA): 6.20%
Amazon.com, Inc. (AMZN): 3.69%
Meta Platforms, Inc. (META): 2.24%1
Sector Allocation
SPY provides broad exposure across various sectors:
Technology: 32.29%
Financial Services: 12.63%
Healthcare: 11.89%
Consumer Cyclical: 10.18%
Communication Services: 8.86%1
Liquidity
SPY is known for its high liquidity, trading an average of $38.3 billion a day. This makes it a popular choice for investors seeking easy entry and exit points2.
Dividends
SPY pays dividends quarterly, which are derived from the dividends of the underlying stocks in the S&P 500 Index2.
Would you like to know more about its recent performance or any specific aspect of SPY?
Related to: SPY ETF
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