State Street SPDR S&P 500 ETF (SPY) Expense Ratio

The expense ratio for State Street SPDR S&P 500 ETF (SPY) is 0.09% — the annual fee deducted from fund assets, or about $0.90 a year per $1,000 invested.

SPY Fund Facts

State Street SPDR S&P 500 ETF is an exchange-traded fund. These are the fund-level facts; company fundamentals (P/E, revenue, earnings) belong to each underlying holding.

Expense Ratio: 0.09%
Net Assets (AUM): $806.13B
NAV: $765.86
Holdings: 504
Inception: Jan 22, 1993
Fund Company: SPDR

SPY Sector Weights

Technology38.69%
Financial Services12.06%
Communication Services9.50%
Consumer Cyclical9.31%
Healthcare9.28%
Industrials7.75%
Consumer Defensive4.46%
Energy3.48%
Utilities1.98%
Real Estate1.80%
Basic Materials1.68%
Cash & Others0.01%

About State Street SPDR S&P 500 ETF

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.

Boston, MA

www.ssga.com/au/en_gb/intermediary/etfs/state-street-spdr-sp-500-etf-spy

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management

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