SPY ETF — Holdings & Analysis

SPY is the best-recognized and oldest US listed ETF and typically tops rankings for largest AUM and greatest trading volume. 0.09% expense ratio, $821.1B AUM, 504 holdings, inception 1993.

State Street SPDR S&P 500 ETF (SPY) ETF — Price, Holdings & Analysis

SPY is the best-recognized and oldest US listed ETF and typically tops rankings for largest AUM and greatest trading volume. 0.09% expense ratio, $821.1B AUM, 504 holdings, inception 1993.

ETF Overview

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.

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. State Street SPDR S&P 500 ETF provides exposure to the equity market. The portfolio is broadly diversified with 504 holdings. Sector allocation is spread across 11 sectors, with Technology as the largest at 37.4%.

Risk Metrics

With 504 holdings, the fund offers broad diversification that mitigates individual security risk. As with all ETFs, the fund is subject to market risk and its value will fluctuate with market conditions. Past performance does not guarantee future results. the may be worth researching fund's investment objectives, risks, charges, and expenses carefully before investing.

Expense Ratio

0.09%

What does SPY hold?

Holding	Weight
NVIDIA CORP (NVDA)	8.13%
APPLE INC (AAPL)	6.68%
MICROSOFT CORP (MSFT)	5.50%
AMAZON.COM INC (AMZN)	3.87%
ALPHABET INC CL A (GOOGL)	3.03%
BROADCOM INC (AVGO)	2.95%
ALPHABET INC CL C (GOOG)	2.42%
META PLATFORMS INC CLASS A (META)	1.95%
MICRON TECHNOLOGY INC (MU)	1.60%
JPMORGAN CHASE + CO (JPM)	1.45%

How Is the Fund Allocated?

Sector	Weight
Technology	37.4%
Financial Services	12.2%
Communication Services	9.9%
Consumer Cyclical	9.6%
Healthcare	9.1%
Industrials	8.2%
Consumer Defensive	4.6%
Energy	3.4%
Utilities	2.1%
Real Estate	1.9%
Basic Materials	1.6%

Country	Weight
United States	97.5%
Ireland	1.2%
United Kingdom	0.4%
Switzerland	0.3%
Singapore	0.3%
Netherlands	0.1%
Bermuda	0.1%
Other	0.1%
Canada	0.0%

Dividend Yield

0.73%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

State Street Energy Select Sector SPDR ETF (XLE) (Equity) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) (Equity) — 0.08% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) (Equity) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) (Equity) — 0.16% expense ratio
State Street SPDR S&P Biotech ETF (XBI) (Equity) — 0.35% expense ratio
State Street US Equity Premium Income ETF (SPIN) (Equity) — 0.25% expense ratio

Risk Metrics

Beta: 1.00

Questions & Answers

What is State Street SPDR S&P 500 ETF (SPY)?

With $821.1B in assets under management, it is one of the larger funds in its category.

What is the expense ratio for SPY?

State Street SPDR S&P 500 ETF has an expense ratio of 0.09%, which is considered very low for equity ETFs. This means for every $10,000 invested, annual fees would be approximately $9.

Lower expense ratios generally lead to better long-term returns, all else being equal.

What are the top holdings in SPY?

The three largest positions in State Street SPDR S&P 500 ETF are NVIDIA CORP (NVDA, 8.1%), APPLE INC (AAPL, 6.7%), MICROSOFT CORP (MSFT, 5.5%). Together these top three holdings represent 20.3% of the fund, out of 504 total positions.

The fund is relatively diversified across its holdings.

What sectors does SPY invest in?

State Street SPDR S&P 500 ETF allocates across 11 sectors. The largest sector exposures are Technology (37.4%), Financial Services (12.2%), Communication Services (9.9%). The sector allocation provides broad market exposure across multiple industries.

How long has SPY been around?

State Street SPDR S&P 500 ETF was launched in 1993, making it 33 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by SPDR.