SPY ETF: The SPDR S&P 500 ETF Trust and What It Holds

spdr s&p dividend etf

Investors might also want to consider some other ETF options in the space. The top 10 holdings account for about 21.26% of total assets under management. It has amassed assets over $1.01 billion, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

State Street’s ETF Model Portfolios pursue a range of investment outcomes across a variety of risk profiles. Low-cost ETFs can help investors build efficient and diversified core portfolios designed to achieve their investment goals across the risk spectrum — for less. Holdings and sectors shown are as of the date indicated and are subject to change. This information should https://1investing.in/ not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future. While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

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Is a Further 10% Rally in S&P 500 ETFs Possible?

Specifically, the ETF seeks to provide results that match to the total return of the S&P Regional Banks Select Industry Index. The ETF is comprised of 102 companies in the S&P and also derives its value with its NAV, disseminated as a price per share. Spiders are used by large institutions and traders as bets on the overall direction of the market. They are also used by individual investors who believe in passive management or index investing. In this respect, spiders compete directly with S&P 500 index funds and provide an alternative to traditional mutual fund investment.

  • These special publicly-traded trusts must pay out 90% of their taxable income to shareholders.
  • In response, the AMEX and several other organizations developed the SPY.
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  • Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
  • For example, the returns of a SPDR is calculated using net asset value (NAV), just like a fund, which is derived using the aggregate value of the underlying group of investments.
  • The median of those values is identified and posted on each business day.

Dividend paying securities can fall out of favor causing securities to underperform companies that do not pay dividends. Changes in dividend policies of companies may adversely affect fund performance. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. The iShares Russell 2000 Growth ETF (IWO Quick QuoteIWO – Free Report) and the Vanguard Small-Cap Growth ETF (VBK Quick QuoteVBK – Free Report) track a similar index. While iShares Russell 2000 Growth ETF has $9.65 billion in assets, Vanguard Small-Cap Growth ETF has $13.92 billion.

ETF Details

At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023.

Sometimes called “spiders,” SPY is an ETF based on the S&P 500 Index, and each share represents an ownership interest in the 500 stocks in the S&P 500. Today, there are a number of other SPDR funds available to investors; while some track stocks based on market value, others are focused on specific market sectors. Depending on the fund, SPDR ETFs are good investments because they often charge low fees and typically hold a broadly diversified basket of assets. For individual investors, exchange traded funds from families like SPDR are a great way to build a portfolio. SPDR funds differ from mutual funds because shares of SPDR funds are not created for investors at the time of their investment.

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For the listing above, we screened all of the SPDR ETS to find the best offers for average investors given current market conditions. SPDR is well-known for its popular stock market sector ETFs, which are a set of EFTs that track each of the 11 S&P 500 industry sectors. Select Sector SPDRs give you the ability to build customized portfolios that focus on narrow market sectors, depending on your investment goals. First, we selected three low-cost, diversified index funds spanning the U.S. S&P 500, developed international equity markets and a short-term treasury bond fund, suitable for the backbone of a core portfolio. We began searching for the best SPDR ETFs with a complete list of the company’s more than 140 funds.

We have chosen not to include the SPDR S&P 500 ETF on the listing above in order to highlight lesser-known funds from the family. Check out our list of the best S&P 500 ETFs for more information on the SPY. As of Aug. 28, 2023, the SPY has roughly $408.4 billion in assets under management. This, of course, tracks the S&P 500’s performance with a beta of nearly 1.00.

SPDR Portfolio S&P 500 High Dividend ETF

SLYG seeks to match the performance of the S&P SmallCap 600 Growth Index before fees and expenses. The S&P SmallCap 600 Growth Index measures the performance of the small-capitalization growth sector in the U.S. equity market. The Fund seeks to provide investment results that correspond generally to the total return performance of S&P 500 High Dividend Index. The Fund invests at least 80% of its assets in the securities comprising the Index, designed to measure the performance of 80 high dividend-yielding companies within the S&P 500 Index.

spdr s&p dividend etf

The Fund is subject to the risk that geopolitical events will disrupt securities markets and adversely affect global economies and markets. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, or other events could have a significant impact on the Fund and its investments. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Vanguard Information Technology ETF manages about $52.5 billion in its asset base and provides exposure to 323 technology stocks. It currently tracks the MSCI US Investable Market Information Technology 25/50 Index. Vanguard Information Technology ETF has an expense ratio of 0.10%, while volume is solid at nearly 541,000 shares.

This may cause the fund to experience tracking errors relative to performance of the index. At its annual California launch event, Apple revealed a suite of devices, catching the eye of its vast consumer base and the global tech community. The event took an unexpected turn in terms of pricing, with Apple maintaining its price range for most products, the notable exception being iPhone Max. Recent stocks from this report have soared up to all the ledger accounts are collectively listed in +178.7% in 3 months – this month’s picks could be even better. None of the Funds generate any income, and as each Fund regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Fund share will decline over time to that extent. KOMP’s top holdings are not exactly household names, such as Elbit Systems, Teledyne Technologies, Vonage Holdings, Bruker Corporation, iRhythm Technologies and Visteon Corp.

SPY is listed on the New York Stock Exchange’s (NYSE) Arca exchange, and investors can trade this ETF on multiple platforms. The trustee of the SPDR S&P 500 ETF Trust is State Street Bank and Trust, and its distributor is ALPS Distributors. Because ETF shares trade in a similar manner to stocks, investors can buy and sell SPY shares via their broker throughout the day, including selling them short. Investors can use SPDRs to realize broad diversification to specific portions of the market. For example, the SPDR S&P Dividend ETF is an investment vehicle that seeks to provide investment results that track the total return performance of the S&P High Yield Dividend Aristocrats Index. This means that the SPDR S&P Dividend ETF indexes dividend-paying stocks that are a part of the S&P 500.

The top 10 holdings account for about 11.44% of total assets under management. Small cap companies have market capitalization below $2 billion. They usually have higher potential than large and mid cap companies with stocks but higher risk. It has amassed assets over $2.52 billion, making it one of the larger ETFs attempting to match the Small Cap Growth segment of the US equity market. The gross expense ratio is the fund’s total annual operating expenses ratio.

The S&P 500® Index is composed of selected stocks from five hundred (500) issuers, all of which are listed on national stock exchanges and spans over approximately 24 separate industry groups. The Apple Watch Series 9 boasts significant improvements, featuring the new S9 chip that Apple claims is 60% faster, coupled with a 30% faster GPU. Notably, new features include health data access with Siri, Name Drop for sharing information with nearby users, and Double Tap for watch control.

  • The ETF has a beta of 0.91 and standard deviation of 16.01% for the trailing three-year period, making it a medium risk choice in the space.
  • SPY’s expense ratio is more than triple the Vanguard S&P 500 ETF (VOO)’s expense ratio of 0.03%.
  • GLDM shares trade like stocks, are subject to investment risk and will fluctuate in market value.
  • Specifically, the ETF seeks to provide results that match to the total return of the S&P Regional Banks Select Industry Index.

This is the broad name for a kind of security that aggregates or tracks multiple stocks within an index, industry, or another grouping. SPDRs are a specific type of ETF issued by State Street Global Advisors that tracks a certain index, such as the S&P 500. While ETFs may trade like ordinary shares of stock, they represent a portfolio of stocks and not just one company. As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines. (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price. The market value of a mutual fund’s or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable. The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Passively managed funds invest by sampling the index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics.

Big Short’s Michael Burry bets against S&P 500 and Nasdaq 100 – ETF Stream

Big Short’s Michael Burry bets against S&P 500 and Nasdaq 100.

Posted: Wed, 16 Aug 2023 07:00:00 GMT [source]

The values of GLD shares and GLDM shares relate directly to the value of the gold held by each Fund (less its expenses), respectively. Fluctuations in the price of gold could materially and adversely affect an investment in the shares. The fund is a suitable replacement for an S&P 500 index fund in a sustainable investment portfolio.

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