SPY: The Original S&P 500® ETF | SPDR® (2024)

FAQs

How well does SPY track the S&P 500? ›

The low expenses inherent with ETFs like SPY enable investors to track the S&P 500 index more closely compared to index funds with higher expenses.

SPX and SPY: What's the difference? SPY is the stock code of exchange traded funds that track the performance of the S&P 500 index; It trades like a stock. SPX is only a value representing the level of the Standard & Poor's 500 Index and cannot be traded directly.

SPYI has a conensus rating of Moderate Buy which is based on 400 buy ratings, 98 hold ratings and 8 sell ratings. What is SPYI's price target? The average price target for SPYI is $55.42.

When was SPY created? SPY was created on January 22, 1993. It was the first US ETF to be listed on a national stock exchange, and it remains the most widely traded ETF in the world.

Ten Year Stock Price Total Return for SPDR S&P 500 ETF Trust is calculated as follows: Last Close Price [ 495.16 ] / Adj Prior Close Price [ 156.31 ] (-) 1 (=) Total Return [ 216.8% ] Prior price dividend adjustment factor is 0.84.

VOO - Volatility Comparison. Invesco S&P 500 GARP ETF (SPGP) has a higher volatility of 3.94% compared to Vanguard S&P 500 ETF (VOO) at 3.55%. This indicates that SPGP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure.

Over the long run, they do compound—those fee differences—and investors have been putting a lot more money into VOO versus SPY. That is the reason why we view VOO slightly better than SPY. And that is just the basic approach, which is the lower the investor can pay, the better the investment is.

SPY Dividend Information

SPY has a dividend yield of 1.32% and paid $6.72 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Mar 15, 2024.

What ETF has the highest ROI? ›

As most ETFs now trade commission-free and can be bought and sold multiple times throughout the day, they are less likely to be used as buy-and-hold vehicles. Because of his cautionary tone, Ramsey sometimes gets painted with the “anti-ETF” brush. But to be clear, Ramsey's all in favor of using ETFs when used properly.

The SPY ETF provides investors with exposure to a broad range of large-cap U.S. stocks. This allows them to participate in the overall performance of the stock market without having to select individual stocks. It is considered a convenient and cost-effective way to gain diversified market exposure.

SPDR S&P 500 ETF Trust

But, there's a reason the SPDR S&P 500 ETF Trust (SPY -0.87%) continues to top lists of suggested retirement investments. That is, the broad market itself offers highly reliable, solid long-term returns. In this case, the S&P 500 averages gains of about 10% per year.

In the last 30 Years, the SPDR S&P 500 (SPY) ETF obtained a 10.54% compound annual return, with a 15.10% standard deviation. Discover new asset allocations in USD and EUR, in addition to the lazy portfolios on the website.

It closely mirrors the S&P 500, offering investors a diversified portfolio of large-cap U.S. stocks without the need to purchase them individually.

If the SPX is trading at 4,500, the SPY should be around 450. As such, the option prices will usually correlate. However those option prices, much like the share price of each, can vary, meaning watchful options traders may find a better deal in one or the other at any given time.

Since SPY options have tighter markets, they are known to be more liquid than SPX options. SPY options usually feature a tighter speed between their bid and offer than SPX options making them more price efficient for traders and investors.