State Street SPDR S&P 500 ETF
$768.37−5.01 (−0.65%)
- Expense ratio
- 0.09%
- Fund size
- $803.3B
- 1Y return
- +17.2%
- Yield · Last 12 months
- 0.98%
- Holdings
- 504
- Volume · 30D
- 48.9M sh
- NAV per share
- $773.45
- 52W range
The ETF.net SPY Grade
Score 71 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 54Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 87Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 54Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
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
- 504
- 39%
- NVDA
Sectors
- Technology38.7%
- Financials12.1%
- Communication9.5%
- Consumer Discr.9.3%
- Health Care9.3%
- Industrials7.8%
- Cons. Staples4.5%
- Energy3.5%
- Utilities2.0%
- Real Estate1.8%
- Materials1.7%
Geography
- United States97.96%
- Ireland1.15%
- United Kingdom0.41%
- Switzerland0.30%
- Netherlands0.09%
- Bermuda0.07%
- Canada0.02%
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.$11,723
Returns run to the Sep 22, 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 | +14.3% |
| 1 month | +1.3% |
| 3 months | +4.2% |
| 1 year | +17.2% |
| 3 years | +23.0% |
| 5 years | +13.6% |
| 10 years | +15.4% |
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 | +14.3% | |
| 2025 | +17.7% | |
| 2024 | +24.9% | |
| 2023 | +26.2% | |
| 2022 | −18.2% | |
| 2021 | +28.7% | |
| 2020 | +18.4% |
SPY in the news
SPY Dividends
- 0.98%
- $7.58
- $1.89 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Pays Oct 30, 2026 | $1.89 |
| Jun 18, 2026 | Jul 31, 2026 | $1.90 |
| Mar 20, 2026 | Apr 30, 2026 | $1.80 |
| Dec 19, 2025 | Jan 30, 2026 | $1.99 |
| Sep 19, 2025 | Oct 31, 2025 | $1.83 |
| Jun 20, 2025 | Jul 31, 2025 | $1.76 |
| Mar 21, 2025 | Apr 30, 2025 | $1.70 |
| Dec 20, 2024 | Jan 31, 2025 | $1.97 |
| Sep 20, 2024 | Oct 31, 2024 | $1.75 |
| Jun 21, 2024 | Jul 31, 2024 | $1.76 |
| Mar 15, 2024 | Apr 30, 2024 | $1.59 |
| Dec 15, 2023 | Jan 31, 2024 | $1.91 |
SPY Risk
- 12.9%
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.
- 1.19
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.