Key stats
About SPDR S&P500 US$
Home page
Inception date
Jan 22, 1993
Structure
Unit Investment Trust
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
State Street Global Advisors Trust Co.
Distributor
ALPS Distributors, Inc.
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. 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.88%
Electronic Technology21.05%
Technology Services21.02%
Finance15.29%
Retail Trade7.91%
Health Technology7.69%
Consumer Non-Durables4.00%
Producer Manufacturing3.35%
Consumer Services3.04%
Utilities2.52%
Consumer Durables2.49%
Energy Minerals2.34%
Transportation2.06%
Process Industries1.52%
Health Services1.46%
Commercial Services1.04%
Communications0.99%
Industrial Services0.93%
Distribution Services0.69%
Non-Energy Minerals0.46%
Miscellaneous0.05%
Bonds, Cash & Other0.12%
Cash0.12%
Stock breakdown by region
North America97.43%
Europe2.57%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
S27 invests in stocks. The fund's major sectors are Electronic Technology, with 21.05% stocks, and Technology Services, with 21.02% of the basket. The assets are mostly located in the North America region.
S27 top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.80% and 6.60% of the portfolio correspondingly.
S27 last dividends amounted to 1.70 USD. The quarter before, the issuer paid 1.97 USD in dividends, which shows a 15.93% decrease.
S27 assets under management is 602.18 B USD. It's risen 5.08% over the last month.
S27 fund flows account for 16.41 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, S27 pays dividends to its holders with the dividend yield of 1.22%. The last dividend (Apr 30, 2025) amounted to 1.70 USD. The dividends are paid quarterly.
S27 shares are issued by State Street Corp. under the brand SPDR. The ETF was launched on Jan 22, 1993, and its management style is Passive.
S27 expense ratio is 0.09% meaning you'd have to pay 0.09% of your investment to help manage the fund.
S27 follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
S27 invests in stocks.
S27 price has risen by 6.72% over the last month, and its yearly performance shows a 11.53% increase. See more dynamics on S27 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.45% over the last month, showed a −0.40% decrease in three-month performance and has increased by 12.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.45% over the last month, showed a −0.40% decrease in three-month performance and has increased by 12.82% in a year.
S27 trades at a premium (1.23%) meaning the ETF is trading at a higher price than the calculated NAV.