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ETFs

SPDR S&P 500 ETF Trust

SPY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 22 1993
Expense Ratio
0.09%
Type
US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$33,257,618,740
AUM
$400,404,126,565
Associated Index
S&P 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
7.10%
MSFT
Microsoft Corporation
6.51%
AMZN
Amazon.com Inc.
3.24%
NVDA
NVIDIA Corp
2.84%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.14%
TSLA
Tesla Inc
1.87%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.84%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.83%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.81%
UNH
Unitedhealth Group Inc
1.30%
Invest with SPY

What is SPY?

The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

ETFs related toSPY

ETFs correlated to SPY include SSO, IVV, SPXL

SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSPY

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SPY using Composer

FAQ

SPY is a US Equities ETF. The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

SPY tracks the S&P 500 Index.

No, SPY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SPY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SPY is -0.0072%. This is the percent change in the value of SPY over the most recent 1-month period. The 3-month return on SPY is 0.0054%. This is the percent change in the value of SPY over the most recent 3-month period.

The standard deviation of SPY for the past year is 0.1745%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SPY include UAPR, UAUG, and ACIO.

ETFs correlated to SPY include SSO, IVV, and SPXL.

ETFs that are inversely correlated to SPY include SDS, SPXS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.