SPDR S&P 500 ETF Trust Company profile
SPDR S&P 500 ETF Trust (SPY) is the first exchange-traded fund designed to track Standard & Poor's (S&P) 500 index. The SPDR stands for Standard & Poor's Depositary Receipts. It is one of the most popular funds in the world that tracks the S&P 500 index, which represents 500 large and mid-cap US companies and spans over 24 industry groups
Launched on 22 January 1993, SPY was the very first exchange-traded fund (ETF) listed in the US. It’s traded on the Arca exchange of the New York Stock Exchange (NYSE) under the symbol SPY. State Street Bank and Trust Co. is the trustee for the SPDR S&P 500 ETF Trust. State Street Global Advisors Funds Distributors. LLC is the marketing agent. ALPS Distributors Inc. acts as the Trust's distributor.
The Trust aims to produce returns that are broadly comparable to the price and yield performance of the S&P 500® Index, before tax and expenses.
Top Holdings |
Weighted (%) |
Apple Inc |
6.97 |
Microsoft Corporation |
5.88 |
Amazon.com Inc |
3.53 |
Alphabet Inc. Class A |
2.14 |
Alphabet Inc. Class C |
1.99 |
Tesla Inc |
1.74 |
Berkshire Hathaway Inc. Class B |
1.59 |
NVIDIA Corporation |
1.56 |
Meta Platforms Inc. Class A |
1.31 |
JP Morgan Chase & Co |
1.36 |
Index top holdings (as of 23 February 2022):
Top Holdings |
Weighted (%) |
Apple Inc |
6.97 |
Microsoft Corporation |
5.88 |
Amazon.com Inc |
3.53 |
Alphabet Inc. Class A |
2.15 |
Alphabet Inc. Class C |
1.99 |
Tesla Inc |
1.74 |
Berkshire Hathaway Inc. Class B |
1.59 |
NVIDIA Corporation |
1.56 |
Meta Platforms Inc. Class A |
1.31 |
JP Morgan Chase & Co |
1.36 |
Source: State Street Bank
As of 23 February 2022, the SPDR S&P 500 ETF Trust had a three-year average return of 20.06%. Over the last ten years, the fund achieved an average annual return of 14.76%. The fund has generated average annual returns of 9.87% since its inception.