SPDR® S&P 500® ETF Trust

SPY

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

Fund Information

As of 12/05/2019
Ticker Symbol SPY
Primary Benchmark S&P 500 Index
CUSIP 78462F103
Options Available Yes
Gross Expense Ratio

Gross Expense Ratio

The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

0.0945%
Inception Date 01/22/1993
Trustee State Street Global Advisors Trust Company
Marketing Agent State Street Global Advisors Funds Distributors, LLC
Distributor ALPS Distributors, Inc.
Distribution Frequency Quarterly
Exchange NYSE ARCA EXCHANGE

Fund Documents

Fund Performance

MONTH END As of 10/31/2019 QUARTER END As of 09/30/2019
1 Month2.15%1.86%
QTD2.15%1.67%
YTD23.01%20.41%
1 Year14.16%4.11%
3 Year14.75%13.24%
5 Year10.64%10.70%
10 Year13.54%13.09%
Inception
9.54%9.48%
Performance Disclosure

Performance quoted represents past performance, which is no guarantee of future results. 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.  It is not possible to invest directly in an index. Returns greater than one year and since inception are annualized.

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.

Fund Characteristics

As of 12/04/2019
Est. 3-5 Year EPS Growth

Estimated 3-5 Year EPS Growth 

Based on the underlying holdings of the fund. The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate.

10.72%
Number of Holdings 506
Price/Book Ratio

Price/Book Ratio

The weighted harmonic average of closing market price divided by the most recent reported book value for each security in the fund’s portfolio as calculated for the last twelve months.

3.28
Price/Earnings Ratio FY1

Price/Earnings Ratio FY1

The weighted harmonic average of current share price divided by the forecasted one year earnings per share for each security in the fund. Negative and positive outliers are included in the calculation.

19.23
Weighted Average Market Cap $273,353.80 M

Fund Market Price

As of 12/04/2019
Bid/Ask

Bid/Ask Mid Point

(Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

$311.47
Closing Price

Closing Price

Market Price of last reported trade on the exchange.

$311.46
Day High $312.11
Day Low $310.32
Exchange Volume (shares)

Exchange Volume (shares)

Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

10,089,850
Premium/Discount

Premium/Discount to NAV

Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask – Closing NAV)  /  Closing NAV * 100)

0.01%

Yields

As of 12/03/2019
30 Day SEC Yield

30 Day SEC Yield

(Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

1.77%
Fund Dividend Yield

Fund Dividend Yield

The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

1.77%
Index Dividend Yield

Index Dividend Yield

The weighted average of the underlyings' indicated annual dividend divided by price, expressed as a percentage.

1.92%

Fund Net Asset Value

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

As of 12/04/2019
NAV

NAV

The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

$311.42
Shares Outstanding 931.43 M
Total Net Assets $290,070.06 M

Index Characteristics

As of 12/04/2019
Est. 3-5 Year EPS Growth 10.72%
Number of Holdings 505
Price/Cash Flow 13.31
Price/Earnings 21.78
Price/Earnings Ratio FY1 19.23

Fund Net Cash Amount

As of 12/04/2019
Net Cash Amount $1,045,349,089.73

Index Statistics

As of 12/04/2019
Weighted Average Market Cap $273,405.90 M
Average Size
Mean $56,110.50 M
Median $22,972.31 M
Size Range
Largest $1,162,972.50 M
Smallest $3,807.12 M

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.

Performance Chart

Fund Before Tax Fund After Tax
Annualized
As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Inception
01/22/1993
Month End
NAV 10/31/2019 2.15% 2.15% 23.01% 14.16% 14.75% 10.64% 13.54% 9.54%
Market Value 10/31/2019 2.17% 2.17% 22.93% 14.18% 14.74% 10.66% 13.56% 9.54%
Return after Taxes on Distributions 10/31/2019 2.15% 2.15% 22.32% 13.38% 14.14% 10.06% 13.02% 8.99%
Return after Taxes on Distributions and Sale of Fund Shares 10/31/2019 1.28% 1.28% 13.60% 8.45% 11.42% 8.30% 11.24% 8.19%
S&P 500 Index 10/31/2019 2.17% 2.17% 23.16% 14.33% 14.91% 10.78% 13.70% 9.68%
Quarter End
NAV 09/30/2019 1.86% 1.67% 20.41% 4.11% 13.24% 10.70% 13.09% 9.48%
Market Value 09/30/2019 1.96% 1.75% 20.31% 4.10% 13.25% 10.70% 13.10% 9.48%
Return after Taxes on Distributions 09/30/2019 1.67% 1.48% 19.74% 3.39% 12.64% 10.12% 12.57% 8.94%
Return after Taxes on Distributions and Sale of Fund Shares 09/30/2019 1.10% 0.99% 12.08% 2.50% 10.22% 8.35% 10.84% 8.14%
S&P 500 Index 09/30/2019 1.87% 1.70% 20.55% 4.25% 13.39% 10.84% 13.24% 9.63%
Fund Before Tax Fund After Tax
Annualized
As of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since
Inception
01/22/1993
Month End
NAV 10/31/2019 2.15% 2.15% 23.01% 14.16% 14.75% 10.64% 13.54% 9.54%
Market Value 10/31/2019 2.17% 2.17% 22.93% 14.18% 14.74% 10.66% 13.56% 9.54%
Return after Taxes on Distributions 10/31/2019 2.15% 2.15% 22.32% 13.38% 14.14% 10.06% 13.02% 8.99%
Return after Taxes on Distributions and Sale of Fund Shares 10/31/2019 1.28% 1.28% 13.60% 8.45% 11.42% 8.30% 11.24% 8.19%
S&P 500 Index 10/31/2019 2.17% 2.17% 23.16% 14.33% 14.91% 10.78% 13.70% 9.68%
Quarter End
NAV 09/30/2019 1.86% 1.67% 20.41% 4.11% 13.24% 10.70% 13.09% 9.48%
Market Value 09/30/2019 1.96% 1.75% 20.31% 4.10% 13.25% 10.70% 13.10% 9.48%
Return after Taxes on Distributions 09/30/2019 1.67% 1.48% 19.74% 3.39% 12.64% 10.12% 12.57% 8.94%
Return after Taxes on Distributions and Sale of Fund Shares 09/30/2019 1.10% 0.99% 12.08% 2.50% 10.22% 8.35% 10.84% 8.14%
S&P 500 Index 09/30/2019 1.87% 1.70% 20.55% 4.25% 13.39% 10.84% 13.24% 9.63%
Swipe to view all columns
Performance Disclosure

Performance quoted represents past performance, which is no guarantee of future results. 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.  It is not possible to invest directly in an index. Returns greater than one year and since inception are annualized.

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%

Performance Graphs

Month End as of 10/31/2019

Fund Inception Date: 01/22/1993

Index Inception Date: 01/22/1993

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Quarter End as of 09/30/2019

Fund Inception Date: 01/22/1993

Index Inception Date: 01/22/1993

<performance fundName="SPDR&lt;sup&gt;®&lt;/sup&gt; S&amp;P 500&lt;sup&gt;®&lt;/sup&gt; ETF Trust" bmarkName="S&amp;P 500 Index"><funds><field>1 Month</field><fund>1.86</fund><index>1.87</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>QTD</field><fund>1.67</fund><index>1.70</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>YTD</field><fund>20.41</fund><index>20.55</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>1 YR</field><fund>4.11</fund><index>4.25</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>3 YR</field><fund>13.24</fund><index>13.39</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>5 YR</field><fund>10.70</fund><index>10.84</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>10 YR</field><fund>13.09</fund><index>13.24</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds><funds><field>Inception</field><fund>9.48</fund><index>9.63</index><secondIndex></secondIndex><tertiaryIndex></tertiaryIndex></funds></performance>

Fund Top Holdings

Subject to change.

As of 12/04/2019
Name Weight Shares Held
Microsoft Corporation 4.42 % 85,052,024
Apple Inc. 4.30 % 47,319,464
Amazon.com Inc. 2.83 % 4,628,276
Facebook Inc. Class A 1.85 % 26,797,698
Berkshire Hathaway Inc. Class B 1.66 % 21,842,120
JPMorgan Chase & Co. 1.64 % 35,617,304
Alphabet Inc. Class C 1.54 % 3,365,965
Alphabet Inc. Class A 1.53 % 3,336,695
Johnson & Johnson 1.42 % 29,398,088
Visa Inc. Class A 1.21 % 19,237,128

Index Top Holdings

As of 12/04/2019
Name Weight
Microsoft Corporation 4.42 %
Apple Inc. 4.30 %
Amazon.com Inc. 2.83 %
Facebook Inc. Class A 1.85 %
Berkshire Hathaway Inc. Class B 1.66 %
JPMorgan Chase & Co. 1.64 %
Alphabet Inc. Class C 1.54 %
Alphabet Inc. Class A 1.53 %
Johnson & Johnson 1.42 %
Visa Inc. Class A 1.21 %

Fund Sector Allocation

As of 12/04/2019
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>12/04/2019</asOfDate><code>FUND_SECTOR_ALLOCATION</code><attributes><attribute><rawValue>22.62</rawValue><value>22.62%</value><label>Information Technology</label><order>1</order></attribute><attribute><rawValue>14.23</rawValue><value>14.23%</value><label>Health Care</label><order>2</order></attribute><attribute><rawValue>13.15</rawValue><value>13.15%</value><label>Financials</label><order>3</order></attribute><attribute><rawValue>10.51</rawValue><value>10.51%</value><label>Communication Services</label><order>4</order></attribute><attribute><rawValue>9.74</rawValue><value>9.74%</value><label>Consumer Discretionary</label><order>5</order></attribute><attribute><rawValue>9.16</rawValue><value>9.16%</value><label>Industrials</label><order>6</order></attribute><attribute><rawValue>7.36</rawValue><value>7.36%</value><label>Consumer Staples</label><order>7</order></attribute><attribute><rawValue>4.26</rawValue><value>4.26%</value><label>Energy</label><order>8</order></attribute><attribute><rawValue>3.33</rawValue><value>3.33%</value><label>Utilities</label><order>9</order></attribute><attribute><rawValue>2.99</rawValue><value>2.99%</value><label>Real Estate</label><order>10</order></attribute><attribute><rawValue>2.64</rawValue><value>2.64%</value><label>Materials</label><order>11</order></attribute></attributes></component>

Index Sector Allocation

As of 12/04/2019
<?xml version="1.0" encoding="UTF-8"?><component><asOfDate>12/04/2019</asOfDate><code>BMARK_SECTOR_ALLOCTAION</code><attributes><attribute><rawValue>22.62</rawValue><value>22.62%</value><label>Information Technology</label><order>1</order></attribute><attribute><rawValue>14.24</rawValue><value>14.24%</value><label>Health Care</label><order>2</order></attribute><attribute><rawValue>13.12</rawValue><value>13.12%</value><label>Financials</label><order>3</order></attribute><attribute><rawValue>10.51</rawValue><value>10.51%</value><label>Communication Services</label><order>4</order></attribute><attribute><rawValue>9.74</rawValue><value>9.74%</value><label>Consumer Discretionary</label><order>5</order></attribute><attribute><rawValue>9.17</rawValue><value>9.17%</value><label>Industrials</label><order>6</order></attribute><attribute><rawValue>7.37</rawValue><value>7.37%</value><label>Consumer Staples</label><order>7</order></attribute><attribute><rawValue>4.27</rawValue><value>4.27%</value><label>Energy</label><order>8</order></attribute><attribute><rawValue>3.34</rawValue><value>3.34%</value><label>Utilities</label><order>9</order></attribute><attribute><rawValue>3.0</rawValue><value>3.00%</value><label>Real Estate</label><order>10</order></attribute><attribute><rawValue>2.64</rawValue><value>2.64%</value><label>Materials</label><order>11</order></attribute></attributes></component>

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.

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

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

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.

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

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

No Team Members exists.

After Tax Returns

After-tax returns are calculated 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, and the after-tax returns shown are not relevant to investors who hold their fund shres through tad deferred arrangements such as 401(k) plans or individual retiredment accounts. After tax returns may not take into account year end tax adjustments, which are calculated only at the end of each tax year. The after tax returns could differ after year end tax adjustments are accounted for.

S&P 500 Index

The S&P 500® Index is composed of five hundred (500) selected stocks, all of which are listed on national stock exchanges and spans over approximately 24 separate industry groups.

Important Risk Information

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.

The municipal market is volatile and can be significantly affected by adverse tax, legislative or political changes and the financial condition of the issuers of municipal securities. Interest rate increases can cause the price of a debt security to decrease. A portion of the dividends you receive may be subject to federal, state, or local income tax or may be subject to the federal alternative minimum tax.

Income exempt from federal income tax may be subject to state or local tax and the Federal Alternative Minimum Tax (AMT).

Non-diversified funds that focus on a relatively small number of securities tend to be more volatile than diversified funds and the market as a whole.

Passively managed funds hold a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the index.

ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.

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.


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.

Glossary

Premium Discount to NAV

As of 12/04/2019
Ticker NAV Close Bid/Ask Mid Pt Premium/ Discount
SPDR® S&P 500® ETF Trust SPY $311.42 $311.46 $311.47 0.01%
Download Fund Data

x axis: # of days y axis: # Premium/Discount percentage

The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

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.

Centralized Systematic Valuation Aggregated Cash Flow (ACF) File

This information provided is calculated by Bloomberg Finance L.P., a third party not affiliated with SSGA. Neither SSGA nor its affiliates assume any liability for or guarantee the timeliness, accuracy and completeness of the information provided. The information provided is as of the date indicated and is subject to change.

This analysis or any portion thereof may not be revised or changed in any way, reprinted, sold or redistributed without the written consent of SSGA.

This cash flow table and the data contained herein (together, "Content") is provided for informational purposes only, on an "as is" basis. No source of Content, or any of its affiliates (each a "Source"), makes any warranty, express or implied, that the Content is accurate, complete or error-free, and it should not be relied upon as such. No Source guarantees the timeliness, reliability, performance, continued availability, or currency of the Content or any results obtained therefrom. No Source shall be liable for any damages, including without limitation, any special, punitive, indirect, incidental or consequential damages, or any lost profits, arising from the use of or reliance on the Content, even if advised of the possibility of such damages. Nothing in the Content shall constitute or be construed as an offering of financial instruments by any Source, or as investment advice or recommendations by such entities of an investment strategy or whether or not to "buy", "sell" or "hold" an investment.

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