The SPDR S&P 500 ETF Trust is an extremely liquid Trade-traded fund which trades within the NYSE Arca underneath the symbol SPY. The ETF is intended to track the S&P 500 index by Keeping a portfolio comprising all five hundred organizations to the index.
Our expense management enterprise generates asset-based mostly charges, which are calculated like a share of belongings under administration. We also sell both admissions and sponsorship packages for our expense conferences and marketing on our Web sites and newsletters.
The procedure Pillar is our assessment of how practical, clearly described, and repeatable SPY’s efficiency aim and investment decision process is for equally security variety and portfolio development.
Be sure to speak to your broker or economical agent to confirm pricing in advance of executing any trades. Learn more
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SPY belongings underneath management is 659.04 B USD. AUM is an important metric as it reflects the fund's sizing and may serve as a gauge of how thriving the fund is in attracting traders, which, in its turn, can impact final decision-creating.
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The fund's management design and style is passive, which means It truly is aiming to copy the overall performance on the fundamental index by Keeping belongings in exactly the same proportions since the index. The target is to match the index's returns.
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The Guardian Pillar is our score of SPY’s mum or dad Firm’s priorities and whether they’re according to investors’ interests.