Downside Deviation (12 Mo) -0.16%. 0.39%. The offers that appear in this table are from partnerships from which Investopedia receives compensation. ESG Score. Press down arrow for suggestions, or Escape to return to entry field. QQQ has a higher expense ratio than SPY (0.2% vs 0.09%). Rounding out SPY's attractive qualities, the expense ratio is low at 0.0945%. What Is the Difference Between an ETF and an SPDR? The SPDR S&P 500 Trust ETF, also known as the SPY ETF, is one of the most popular funds that aims to track the Standard & Poor's 500 Index, which comprises 500 large- and mid-cap U.S. stocks. SPY | A complete SPDR S&P 500 ETF Trust exchange traded fund overview by MarketWatch. The expense ratio is low and you're diversified across 500 stocks and 11 sectors. The amount is skimmed from your account and goes towards paying a fund’s total annual expenses. Best Overall: iShares Core S&P 500 ETF (IVV) BlackRock’s iShares has developed a number of … Assets Under Management $323.68B. iShares Core S&P 500 ETF (IVV) Category Average. ETPs trade on exchanges similar to stocks. For example, one of the most widely traded ETFs is the SPDR S&P 500 (SPY), which has an expense ratio of just 0.0945%.   6.0/10. As of March 2020, SPY manages over $226 billion in assets, making it the largest S&P 500 ETF in the market (VFIAX is the largest S&P 500 index fund at over $500 billion in assets). These include white papers, government data, original reporting, and interviews with industry experts. A Look at the Types of Exchange Traded Products (ETPs). Log in for real time quote. The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. The ratio is listed as a percentage. Expense Ratio 0.09%. Below is the comparison between SWPPX and SPY. Expenses Ratio Analysis. In depth view into SPY (SPDR® S&P 500 ETF Trust) including performance, dividend history, holdings and portfolio stats. Learn about exchange-traded products, in the Learning Center. A popular actively-managed mutual fund with similar holdings is The Growth Fund of America (AGHTX), which has an expense ratio of 0.64%. Distributions Type by Calendar Quarter Ex-Date. Content and data provided by various third parties and Fidelity - Terms of Use. Meanwhile, SPDRs are a type of specific exchange-traded fund issued by State Street Global Advisors that track a specific index such as the S&P 500. 0.537%. Its top 10 holdings are heavily weighted in technology companies such as Apple, Microsoft, and Amazon—approximately one-quarter of the SPY ETF is invested in the technology sector. SPDR stands for Standard & Poor's Depositary Receipt. ETF expenses are usually stated in terms of a fund's operating expense ratio (OER). The fund has a gross expense ratio of 0.095%. We can see above that SPY’s fee waiver is in effect until February 1 st, 2014. SPY is listed on the New York Stock Exchange's Arca Exchange, and investors can trade this ETF on multiple platforms. Exchange-traded products (ETPs) are types of securities that track underlying security, index, or financial instrument. Below is the comparison between QQQ and SPY. The World Equity Benchmark Series is a type of international fund traded on the American Stock Exchange. Gross Expense Ratio: 0.04%. An expense ratio is simply the ongoing cost of investing in a mutual fund or exchange-traded fund (ETF), and it’s charged as a percentage of the money you have invested the fund. Remember, the expense ratio doesn’t include the brokerage commissions you pay to buy and sell ETF shares. Learn everything you need to know about SPDR® S&P 500 ETF Trust (SPY) and how it ranks compared to other funds. The SPDR S&P 500 ETF Trust (SPY) has generated an average three-year return of 13.25% through December 2020. Distributions & Expenses: SPY. The SPDR S&P 500 ETF Trust offers investors an efficient way to diversify their exposure to the U.S. equity market, without having to invest in multiple stocks. While this ratio is low, it is not the lowest among other ETFs that track the S&P 500 Index. With a four-star Morningstar rating, the SPDR S&P 500 ETF Trust has generated an average annual return of just under 10% since inception. One tracks a broader range of 1,500 stocks that make up the S&P 1500, consisting of … The expense ratio is an annual rate the fund (not your broker) charges on the total assets it holds to pay for portfolio management, administration and other costs. SWPPX is a mutual fund, whereas SPY is an ETF. Upside Deviation (12 Mo) 0.13%. What the total expense ratio covers The listed figure for total expense ratios in ETFs and mutual funds includes a number of different types of costs. SPY was launched in 1993, which makes it the oldest ETF on the US market. Benchmark for VOO S&P 500 INDEX. The performance quoted represents past performance and does not guarantee future results. Current performance may be higher or lower than the performance data quoted. These stocks are selected by a committee based on the market size, liquidity, and industry. Vanguard also engages in portfolio lending like IVV. Investopedia requires writers to use primary sources to support their work. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. *Net expense ratio shown is net of caps and waivers and Deferred Income Expenses, if any. 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 Spiders (SPDR) are tradable ETFs that closely follow the performance of the benchmark S&P 500 or sectors within the index. ETFs are subject to management fees and other expenses. The expense ratio of an ETF is reported in the fund's prospectus and on its information web page. New. Investors that want to focus on the low expense ratio can be a good match for IVV. Since the inception of the SPDR S&P 500 ETF Trust, the fund achieved average annual returns of 9.96%. Low BBUS (0.02%) High AESR (1.42%) ESG Themes and Scores. A tracker fund is an index fund that tracks a broad market index or a segment thereof. Click on the "Performance & Risk" link to view quarter-end performance. Rank 30 of 234. You can learn more about the standards we follow in producing accurate, unbiased content in our. Median Tracking Difference (12 Mo) 0.10%. The SPY ETF diversifies exposure to the U.S. equity market and is suitable for investors willing to take on a moderate level of risk. As per Vanguard’s reputation, it has a low expense fee of 0.05% and only a 3% turnover ratio vs. SPY at 3.8% and IVV at 5%. The SPDR S&P 500 ETF Trust is structured as a unit investment trust, which is a security that is designed to purchase a fixed portfolio of assets. After that, the expense ratio may increase. SPY: SPDR S&P 500 Trust ETF. ProShares S&P 500 ® Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P 500 ® Dividend Aristocrats ® Index.. The performance data shown represents past performance, which is no guarantee of future results. As of December 2020, its 12-month yield is approximately 1.55%.. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Free ratings, analyses, holdings, benchmarks, quotes, and news. Max. Current performance may be higher or lower than the performance data quoted. On an investment of $50,000, the expected expense to be paid over the course of the year is $375. SPDR ETFs have a fixed number of shares that are exchanged and traded like stocks on the open market. We also reference original research from other reputable publishers where appropriate. Both QQQ and SPY are ETFs. During the course of a year the company that runs SPY will take 0.09 percent of the assets out in expenses. While this ratio is low, it is not the lowest among other ETFs that track the S&P 500 Index. Assume an ETF has a stated annual expense ratio of 0.75%. ETFs are subject to market fluctuation and the risks of their underlying investments. SPDR S&P 500 ETF TRUST 372.17 3.17 (0.86%) as of 4:10:00pm ET 12/28/2020 Quotes delayed at least 15 min. The SPY is a well-diversified basket of assets, which allocates its fund into multiple sectors, such as 24.19% information technology, 13.82% healthcare, 13.55% financial services, 11.18% communication services, 9.04% industrials, 7.17% consumer defensive, 10.99% consumer cyclical, 2.86% utilities, and 2.52% real estate. The only ETF focusing exclusively on the S&P 500 Dividend Aristocrats—high-quality companies that have not just paid dividends but grown them for at least 25 consecutive years, with most doing so for 40 years or more. Fund expenses, including management fees and other expenses were deducted. . Through September 30, 2020, SPY had a 10-year annualized return of 13.74%. iShares has two U.S. stock index ETFs that share the same 0.07% expense ratio. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Expense Ratio 0.09%. The fund has a gross expense ratio of 0.095%. A passive ETF is a method to invest in an entire index or sector with the benefits of low costs and transparency absent in active investing. Yes. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. 0.19%. Expense ratio: 0.09%; Dividend yield: 1.83%; Assets under management: $260 billion; The SPDR S&P500 Trust ETF (SPY) is the world’s biggest exchange-traded fund, with a whopping $260 billion invested in the fund at the time of this writing. Free commission offer applies to online purchases. The expense ratio is 0.095% per year, which is slightly higher than the other two ETFs we will review in this article.   iShares Core S&P 500 (IVV): This ETF combines the attractive qualities of high assets under management ($177 billion) and low expenses (0.04%). Max. The SPDR S&P 500 Trust ETF, also known as the SPY ETF, is one of the most popular funds that aims to track the Standard & Poor's 500 Index, which comprises 500 large- and mid-cap U.S. stocks. For example, the expense ratio for the SPDR S&P 500 Index fund is 0.09 percent. Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. That being said, since the SPDR S&P 500 ETF Trust tracks 500 large- and mid-cap stocks in the United States, it carries a multitude of risks, such as market risk, country risk, currency risk, economic risk, and interest rate risk. Based on trailing 10-year data, the fund generated average annual returns of 13.55%. DIVIDENDS ; SPY's expense ratio is more than triple the Vanguard S&P 500 ETF's expense ratio of 0.03%. QQQ has a higher 5-year return than SPY (23.5% vs 14.6%). SPY Expenses & Fees This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category. Expense Ratio 0.04%. Expense Ratio: 0.03%: Dividend (Yield) $5.30 (1.55%) Issuer: VANGUARD: VOO External Home Page. The average ETF carries an expense ratio of 0.44%, which means the fund will cost you $4.40 in annual fees for every $1,000 you invest. It is important for investors to know both terms, because if the Gross Expense Ratio is significantly higher than the Net Expense Ratio, it may be a sign that the fund’s expense ratio may increase in the future. Your current browser configuration is not compatible with this site. Yes. The SPDR S&P 500 ETF Trust allocates almost all of its funds into common stocks, which are included in the S&P 500 Index. ETF Average. View the latest ETF prices and news for better ETF investing. An index fund is a pooled investment vehicle that passively seeks to replicate the returns of some market index. Investors should be aware of both world and U.S. economic data, which could affect the performance of the fund. An exchange-traded fund (ETF) is the broad name for a kind of security that aggregates or tracks multiple stocks within an index, industry, or another grouping. Fund Summary for SPY SPDR S&P 500 ETF. Learn everything you need to know about SPDR® Portfolio S&P 500 High Div ETF (SPYD) and how it ranks compared to other funds. Learn everything about SPDR S&P 500 ETF Trust (SPY). Read it carefully. The S&P 500 serves as one of the main benchmarks of the U.S. equity market and indicates the financial health and stability of the economy. SPLG has a 0.03% expense ratio vs SPY’s 0.0945%. The long-term investors are more interested in a cheaper expense ratio. An Expense Ratio is the fee charged by a fund (either a mutual fund or ETF) for managing the fund’s assets. The trustee of the SPDR S&P 500 ETF Trust is State Street Bank and Trust Company, and its distributor is ALPS Distributors Incorporated. SPY's expense ratio is … Just know, you'll never beat the market, either. SWPPX has a lower expense ratio than SPY (0.02% vs 0.09%). The performance data featured represents past performance, which is no guarantee of future results. Add to Watch List ... *Net expense ratio shown is net of caps and waivers and Deferred Income Expenses, if any. If you own SPY stock, you'll never trail the S&P 500. These fees do not include any broker fees or commissions. Therefore, SPY is suitable for any investors that want to include U.S. equities in their portfolio while taking only a moderate level of risk. The SPDR S&P 500 ETF Trust seeks to provide investment results that, before expenses, correspond generally to the … Average. For example, let’s say that a particular mutual fund has an expense ratio of 0.50%. ETF Wtd. On the other hand, long-term investors may be better off with SPLG. SWPPX has a lower 5-year return than SPY (15.05% vs 15.26%). 55.06%. Its current top 10 holdings are in the following companies: With a four-star Morningstar rating, SPY's returns have beat the average return of other large blend funds in the past decade. A fund’s expense ratio is listed as a percentage, and represents the percent of your investment that you are charged for investing in the fund. SPYV …