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.
SPY was created and the ETF market was born, igniting a world of innovation for all types of investors.
Source: SSGA Research Team, as of December 20, 2022. Past performance is not a reliable indicator of future performance.
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.
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.
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
1 Bloomberg Finance L.P., as of December 16, 2022
2 Bloomberg Finance L.P., as of December 16, 2022
3 Source ETFGI as of 31 December 2021
4 Source Bloomberg Finance L.P. as of 31 December 2021
5 Article copyright 2023 by S&P 500 - The Gauge of the U.S. Large-Cap Market issued with permission from S&P Dow Jones Indices, a division of S&P Global Inc.
6 Source: S&P Dow Jones Indices, as at 31 December 2021.
7 Source: State Street Corporation. This figure is presented as 30 June 2022 and includes approximately $66.43 billion of assets with respect to SPDR products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.
8 ETFs managed by State Street Global Advisors have the oldest inception dates within the US, Hong Kong, Australia, and Singapore. State Street Global Advisors launched the first ETF in the US on 22 January 1993; launched the first ETF in Hong Kong on 11 November 1999; launched the first ETF in Australia on 24 August 2001; and launched the first ETF in Singapore on 11 April 2002.
9 Source: State Street Corporation, as of 30 June 2022.