SPY: The original US ETF Invest in the US economy with the world’s best-known index
SPDR® S&P 500® ETF Trust (SPY) gives investors cost-efficient, highly liquid exposure to the S&P 500 Index, investment professionals’ benchmark of choice for US large-cap equities. SPY lets investors access this preeminent index through an ETF that investors value for its liquidity, low costs and transparency.
What is SPY
SPY is an ETF designed to track the performance of the S&P 500 Index, a diversified US equity index that covers all major sectors. SPY provides access to one of the world’s most recognizable benchmarks in the innovative ETF structure.
- Launched in 1993
- First US-listed ETF
- World’s largest ETF
Why SPY ?
Three reasons to choose SPY for core US equity exposure:
SPY is the largest and oldest US ETF, launching in 1993 and now with assets of over $360 billion (as of 8 September 2022). SPY’s index, the S&P 500, has an estimated $15.6 trillion¹ indexed or benchmarked to it, which further adds to SPY’s immense liquidity.
SPY is delivered through a partnership between an ETF pioneer that is one of the world’s largest asset managers (State Street Global Advisors) and one of the most trusted index providers (S&P Dow Jones Indices).
SPY’s coverage touches nearly every facet of the US economy, giving investors a highly efficient way to gain exposure to the world’s largest economy and many of the world’s most innovative companies.
Why SSGA
State Street Global Advisors (SSGA) is a pioneer in index-based investing and ETFs. SSGA is one of the largest asset managers in the world, with nearly $3.5 trillion in assets under management.2 SSGA has managed a universe of index and active strategies for institutional investors for over 40 years and launched the first US ETF.
Creator of the world’s first ETFs 2
AUM managed globally by State Street Global Advisors 3
Indexing and portfolio experience 4