State Street SPDR S&P 500 ETF
$778.05−0.05 (−0.01%)
- 0.09%
- $821.7B
- +20.4%
- 0.97%
- 48M sh
- $778.45
- low $629.28high $781.62
The ETF.net SPY Grade
A
Score 71 out of 100
- 5 of 14
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C54 out of 100Rank 6 of 14Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 13Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 7 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A89 out of 100Rank 1 of 14Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 8 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 3 of 14
Our read on SPY
AThe 1993 original, and still the ticker the market trades through. Same roughly 500 S&P 500 names as its cheaper cousins; the edge here is the crowd around it, not the fee.
The fund seeks to track, before expenses, the price and yield performance of the S&P 500 Index.
Why people hold it
- One of the most heavily traded funds in the market, and one of the largest. That depth is why desks treat it as the default way to move S&P 500 exposure.
- Its stated job is to track the S&P 500 before expenses, and it hews to that benchmark about as closely as anything in its peer group.
- At 0.09% a year it still undercuts the typical S&P 500 wrapper in its cohort, and it lands in the upper half of that group overall.
Worth knowing
- That liquidity has a price: VOO, IVV and SPYM track the same index for a few basis points, and the fee gap compounds over a long hold.
- It is a unit investment trust, the older 1993-vintage wrapper: it holds the index as declared and pays dividends out on a quarterly schedule.
- About 500 stocks, cap-weighted, so the largest companies carry the most weight; equal-weight takes on the same index, like RSP, spread it differently.
SPY Holdings
- Stocks
- 505
- 39%
- NVDA
Sectors
- Technology40.6%
- Financials11.2%
- Communication9.7%
- Health Care9.1%
- Consumer Discretionary8.7%
- Industrials7.3%
- Consumer Staples4.4%
- Energy3.6%
- Utilities1.9%
- Materials1.7%
- Real Estate1.7%
Geography
- United States97.96%
- Ireland1.16%
- United Kingdom0.41%
- Switzerland0.29%
- Netherlands0.09%
- Bermuda0.07%
- Canada0.01%
SPY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SPY |
|---|---|
| Year to date | +15.0% |
| 1 month | +2.1% |
| 3 months | +3.3% |
| 1 year | +20.4% |
| 3 years | +23.0% |
| 5 years | +13.9% |
| 10 years | +15.6% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SPY |
|---|---|---|
| 2026 YTD | +15.0% | |
| 2025 | +17.7% | |
| 2024 | +24.9% | |
| 2023 | +26.2% | |
| 2022 | −18.2% | |
| 2021 | +28.7% | |
| 2020 | +18.4% |
SPY in the news
SPY Dividends
- 0.97%
- $7.58
- $1.89 per share
- Quarterly
Distribution history
SPY Risk
- 12.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.01
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
SPY Cost
0.09%
SPY0.09%
- The middle half of S&P 500 funds
- Median 0.09%
5 of the 14 S&P 500 funds charge less.
Other funds in S&P 500
- AVOOVanguard S&P 500 ETFExpense ratio 0.03%1 year return +20.5%
- AUSPXFranklin U.S. Equity Index ETFExpense ratio 0.03%1 year return +20.1%
- BSTXFStrive 500 ETFExpense ratio 0.05%1 year return +20.3%
- BRSPInvesco S&P 500 Equal Weight ETFExpense ratio 0.20%1 year return +17.0%
- BTOPCiShares S&P 500 3% Capped ETFExpense ratio 0.15%1 year return +19.8%