SPDR® S&P 500® ETF Trust SPY

NAV
$404.76
as of Jan 26 2023
Base Currency
USD
Assets Under Management
$379,417.07 M
as of Jan 26 2023
Gross Expense Ratio
0.0945%

Key Features


  • The SPDR® S&P 500® ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index (the “Index”)
  • The S&P 500 Index is a diversified large cap U.S. index that holds companies across all eleven GICS sectors
  • Launched in January 1993, SPY was the very first exchange traded fund listed in the United States


About this Benchmark


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.


Fund Information as of Jan 27 2023

Benchmark S&P 500 Index
Inception Date Jan 22 1993
Options Available Yes
Gross Expense Ratio
0.0945%
Base Currency USD
Trustee State Street Global Advisors Trust Company
Marketing Agent State Street Global Advisors Funds Distributors, LLC
Sponsor PDR
Administrator State Street Bank and Trust Company
Distributor ALPS Distributors, Inc.
Distribution Frequency Quarterly

Listing Information as of Jan 27 2023

Exchange Listing Date Trading Currency Ticker CUSIP ISIN
NYSE ARCA EXCHANGE Jan 22 1993 USD SPY 78462F103 US78462F1030

Fund Characteristics as of Jan 25 2023

Est. 3-5 Year EPS Growth
11.15%
Number of Holdings 503
Price/Book Ratio
3.75
Price/Earnings Ratio FY1
17.45
Weighted Average Market Cap $443,718.44 M

Index Characteristics as of Jan 25 2023

Est. 3-5 Year EPS Growth 11.15%
Number of Holdings 503
Price/Cash Flow 13.75
Price/Earnings 20.20
Price/Earnings Ratio FY1 17.47

Index Statistics as of Jan 25 2023

Average Size Size Range
Weighted Average Market Cap Mean Median Largest Smallest
$443,696.10 M $73,507.70 M $31,186.00 M $2,261,734.30 M $5,484.22 M

Yields as of Jan 25 2023

30 Day SEC Yield
1.54%
30 Day SEC Yield (Unsubsidized)
-
Fund Distribution Yield
1.58%
Index Dividend Yield
1.68%

Fund Market Price as of Jan 26 2023

Bid/Ask
$404.70
Closing Price
$404.75
Day High $404.92
Day Low $400.03
Exchange Volume (Shares)
13,600,432
Premium/Discount
-0.02%
30-Day Median Bid/Ask Spread
0.00%

Premium Discount to NAV Graph and Summary

Number of Days Summary

Calendar Year 2022
Days Traded at Premium
158
Days Traded at Discount
93

Because ETFs trade like stocks at current market prices, shareholders may pay more than a fund’s NAV when purchasing fund shares and may receive less than a fund’s NAV when selling fund shares.

Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.


Fund Net Cash Amount as of Jan 26 2023

Net Cash Amount $428,445,486.80

Fund Net Asset Value as of Jan 26 2023

NAV
$404.76
Shares Outstanding 937.38 M
Assets Under Management $379,417.07 M

Fund Performance

  • Fund Inception Date: Jan 22 1993

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jan 22 1993
Fund Before Tax
NAV Dec 31 2022 -5.74% 7.54% -18.17% -18.17% 7.53% 9.29% 12.42% 9.53%
Market Value Dec 31 2022 -5.70% 7.57% -18.20% -18.20% 7.55% 9.26% 12.42% 9.53%
S&P 500 Index Dec 31 2022 -5.76% 7.56% -18.11% -18.11% 7.66% 9.42% 12.56% 9.66%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -5.92% 7.34% -18.70% -18.70% 7.04% 8.80% 11.89% 8.99%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -3.40% 4.46% -10.74% -10.74% 5.73% 7.24% 10.22% 8.25%
S&P 500 Index Dec 31 2022 -5.76% 7.56% -18.11% -18.11% 7.66% 9.42% 12.56% 9.66%

as of Dec 31 2022

As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Jan 22 1993
Fund Before Tax
NAV Dec 31 2022 -5.74% 7.54% -18.17% -18.17% 7.53% 9.29% 12.42% 9.53%
Market Value Dec 31 2022 -5.70% 7.57% -18.20% -18.20% 7.55% 9.26% 12.42% 9.53%
S&P 500 Index Dec 31 2022 -5.76% 7.56% -18.11% -18.11% 7.66% 9.42% 12.56% 9.66%
Fund After Tax
Return after Taxes on Distributions Dec 31 2022 -5.92% 7.34% -18.70% -18.70% 7.04% 8.80% 11.89% 8.99%
Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2022 -3.40% 4.46% -10.74% -10.74% 5.73% 7.24% 10.22% 8.25%
S&P 500 Index Dec 31 2022 -5.76% 7.56% -18.11% -18.11% 7.66% 9.42% 12.56% 9.66%

Past performance is not a reliable indicator of future performance. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  All results are historical and assume the reinvestment of dividends and capital gains. It is not possible to invest directly in an index.

Performance returns for periods of less than one year are not annualized.  Performance is shown net of fees.

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 market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

Gross Expense Ratio: 0.0945%


Top Holdings

as of Jan 25 2023
as of Jan 25 2023

Fund Top Holdings as of Jan 25 2023

Name Shares Held Weight
Apple Inc. 166,790,720 6.31%
Microsoft Corporation 83,146,070 5.33%
Amazon.com Inc. 98,995,510 2.57%
Alphabet Inc. Class A 66,622,184 1.69%
Berkshire Hathaway Inc. Class B 20,096,140 1.67%
Alphabet Inc. Class C 59,057,548 1.52%
NVIDIA Corporation 27,803,740 1.43%
Exxon Mobil Corporation 45,934,748 1.39%
UnitedHealth Group Incorporated 10,421,574 1.37%
Johnson & Johnson 29,193,504 1.32%
Download All Holdings: Daily

Index Top Holdings as of Jan 25 2023

Name Weight
Apple Inc. 6.31%
Microsoft Corporation 5.34%
Amazon.com Inc. 2.57%
Alphabet Inc. Class A 1.69%
Berkshire Hathaway Inc. Class B 1.67%
Alphabet Inc. Class C 1.52%
NVIDIA Corporation 1.43%
Exxon Mobil Corporation 1.39%
UnitedHealth Group Incorporated 1.37%
Johnson & Johnson 1.32%

Sector Allocation

as of Jan 25 2023
as of Jan 25 2023

Fund Sector Breakdown as of Jan 25 2023

Sector Weight
Information Technology 26.49%
Health Care 14.91%
Financials 11.74%
Consumer Discretionary 10.28%
Industrials 8.37%
Communication Services 7.79%
Consumer Staples 6.77%
Energy 5.14%
Utilities 2.96%
Materials 2.81%
Real Estate 2.75%

Index Sector Breakdown as of Jan 25 2023

Sector Weight
Information Technology 26.48%
Health Care 14.91%
Financials 11.74%
Consumer Discretionary 10.27%
Industrials 8.37%
Communication Services 7.79%
Consumer Staples 6.77%
Energy 5.14%
Utilities 2.96%
Materials 2.80%
Real Estate 2.76%

Purchase Information


Buying and Selling ETFs

ETFs are flexible and easy to trade. Investors buy and sell them like stocks, typically through a brokerage account. Investors can also employ traditional stock trading techniques; including stop orders, limit orders, margin purchases, and short sales using ETFs. They are listed on major US Stock Exchanges.

ETFs are subject to risk similar to those of stocks including those regarding short-selling and margin account maintenance.

Ordinary brokerage commissions apply.


In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Unless otherwise noted all information contained herein is that of the SPDR S&P 500 ETF Trust.

Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

Holdings and sectors shown are as of the date indicated and are subject to change. This information should 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.

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.

All total return figures assume reinvestment of dividend and capital gains at net assets value; actual returns may differ.

The shares of the SPDR S&P 500 ETF Trust represent ownership in the SPDR S&P 500 Trust, a unit investment trust.