ETF overview
SPY is the best-recognized and oldest US listed ETF and typically tops rankings for largest AUM and greatest trading volume. The fund tracks the massively popular US index, the S&P 500. Few realize that S&P's index committee chooses 500 securities to represent the US large-cap space - not necessarily the 500 largest by market cap, which can lead to some omissions of single names. Still, the index offers outstanding exposure to the US large-cap space. It's important to note, SPY is a unit investment trust, an older but entirely viable structure. As a UIT, SPY must fully replicate its index (it probably would anyway) and forgo the small risk and reward of securities lending. It also can`t reinvest portfolio dividends between distributions, the resulting cash drag will slightly hurt performance in up markets and help in downtrends. SPY is a favored vanilla trading vehicle.
Fund facts
- Expense ratio
- 0.09%
- Fund assets
- 818.39B USD (all share classes)
- Issuer
- SPDR
- Inception date
- Jan 22, 1993
- Number of holdings
- 504
Breakdown
Holdings (504)
| Name | Ticker | Weight |
|---|---|---|
| NVIDIA CORP | NVDA | 7.86% |
| APPLE INC | AAPL | 7.46% |
| MICROSOFT CORP | MSFT | 5.99% |
| AMAZON.COM INC | AMZN | 3.74% |
| ALPHABET INC CL A | GOOGL | 3.06% |
| ALPHABET INC CL C | GOOG | 2.45% |
| BROADCOM INC | AVGO | 2.45% |
| META PLATFORMS INC CLASS A | META | 2.43% |
| MICRON TECHNOLOGY INC | MU | 1.57% |
| TESLA INC | TSLA | 1.53% |
| and 491 more | ||
Similar ETFs
- State Street SPDR Portfolio S&P 500 ETFSPYM · Overlap 100% · Expense ratio 0.02%
- iShares Core S&P 500 ETFIVV · Overlap 100% · Expense ratio 0.03%
- Dimensional US Large Company ETFDLCU · Overlap 100% · Expense ratio 0.09%
- TCW Transform 500 ETFVOTE · Overlap 97% · Expense ratio 0.05%
- Vanguard S&P 500 ETFVOO · Overlap 97% · Expense ratio 0.03%
- Franklin U.S. Equity Index ETFUSPX · Overlap 97% · Expense ratio 0.03%
- Invesco MSCI USA ETFPBUS · Overlap 97% · Expense ratio 0.04%
- iShares Morningstar Large-Cap ETFMLRG · Overlap 97% · Expense ratio 0.03%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.09%
- Fund assets
- 818.39B USD (all share classes)
- Issuer
- SPDR
- Inception date
- Jan 22, 1993
- Number of holdings
- 504
| Name | Ticker | Weight |
|---|---|---|
| NVIDIA CORP | NVDA | 7.86% |
| APPLE INC | AAPL | 7.46% |
| MICROSOFT CORP | MSFT | 5.99% |
| AMAZON.COM INC | AMZN | 3.74% |
| ALPHABET INC CL A | GOOGL | 3.06% |
| ALPHABET INC CL C | GOOG | 2.45% |
| BROADCOM INC | AVGO | 2.45% |
| META PLATFORMS INC CLASS A | META | 2.43% |
| MICRON TECHNOLOGY INC | MU | 1.57% |
| TESLA INC | TSLA | 1.53% |
| and 491 more | ||
SPY is the best-recognized and oldest US listed ETF and typically tops rankings for largest AUM and greatest trading volume. The fund tracks the massively popular US index, the S&P 500. Few realize that S&P's index committee chooses 500 securities to represent the US large-cap space - not necessarily the 500 largest by market cap, which can lead to some omissions of single names. Still, the index offers outstanding exposure to the US large-cap space. It's important to note, SPY is a unit investment trust, an older but entirely viable structure. As a UIT, SPY must fully replicate its index (it probably would anyway) and forgo the small risk and reward of securities lending. It also can`t reinvest portfolio dividends between distributions, the resulting cash drag will slightly hurt performance in up markets and help in downtrends. SPY is a favored vanilla trading vehicle.
- State Street SPDR Portfolio S&P 500 ETFSPYM · Overlap 100% · Expense ratio 0.02%
- iShares Core S&P 500 ETFIVV · Overlap 100% · Expense ratio 0.03%
- Dimensional US Large Company ETFDLCU · Overlap 100% · Expense ratio 0.09%
- TCW Transform 500 ETFVOTE · Overlap 97% · Expense ratio 0.05%
- Vanguard S&P 500 ETFVOO · Overlap 97% · Expense ratio 0.03%
- Franklin U.S. Equity Index ETFUSPX · Overlap 97% · Expense ratio 0.03%
- Invesco MSCI USA ETFPBUS · Overlap 97% · Expense ratio 0.04%
- iShares Morningstar Large-Cap ETFMLRG · Overlap 97% · Expense ratio 0.03%
Overlap is the share of assets the two funds hold in common.
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