SPY SPDR S&P 500
- Large Cap Blend Equities
SPY - Profile
- Issuer: State Street SPDR
- Structure: UIT
- Expense Ratio: 0.09%
- ETF Home Page: SPY
- Inception: Jan 22, 1993
- Tax Form: 1099
- SPY Tracks This Index: S&P 500 Index
- 52 Week Lo: $180.12
- 52 Week Hi: $213.78
- AUM: $178,189.8 M
- Shares: 835.1 M
Alternative ETFs in the Large Cap Blend Equities Category
The index measures the performance of the large capitalization sector of the U.S. equity market and is considered one of the best representations of the domestic economy. Utilizing a market-cap weighting structure, this index invests in the 500 largest U.S. firms including names like Apple (AAPL), Exxon Mobil (XOM) and General Electric (GE). All companies must have a 50% public float to be considered for inclusion in the benchmark.
SPY - Realtime Rating
Realtime Rating Summary
SPY is a passive UIT that seeks to replicate S&P 500 Index. The index measures the performance of the large capitalization sector of the U.S. equity market and is considered one of the best representations of the domestic economy. Utilizing a market-cap weighting structure, this index invests in the 500 largest U.S. firms including names like Apple (AAPL), Exxon Mobil (XOM) and General Electric (GE). All companies must have a 50% public float to be considered for inclusion in the benchmark.
The adjacent table shows a SPY Realtime Rating for several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, highlights the best rated ETF in the Large Cap Blend Equities category for each metric. To view information on how the ETFdb Realtime Ratings work, click here.
SPY - Analyst Report
SPY is one of the largest and most heavily-traded ETFs in the world, offering exposure to one of the most well known equity benchmarks. While SPY certainly may have appeal to investors seeking to build a long-term portfolio and include large cap U.S. stocks, this fund has become extremely popular with more active traders as a way to toggle between risky and safe assets. A look at SPY's daily turnover reveals the short average holding period and the popularity with active traders. For those seeking to establish exposure to large cap U.S. stocks, the liquidity of SPY (including the deep options market) is unrivaled. Spreads are always very narrow, and investors can move in and out of this fund with ease. But for those looking to establish a longer-term portfolio, there may be better options within the Large Cap Blend ETFdb Category. In fact, other ETFs targeting the S&P 500 may be more appealing for buy-and-holders. Vanguard's VOO is cheaper by a few basis points, while iShares' IVV is another option. The advantage of these funds is structural in nature; SPY is a UIT, which means it doesn't maintain the flexibility to lend out shares or reinvest dividends. Over the long run, those limitations may allow true ETFs such as VOO and IVV to add a few additional basis points to the bottom line. Another potentially intriguing alternative is RSP, which holds the same companies as SPY but assigns an equal weighting to each. Historically, RSP has performed quite well, generating alpha with surprising consistency. SPY is a fine ETF, and is particularly useful for those looking to execute a trade quickly and efficiently. But those in it for the long run have better options available.
SPY In-Depth Analysis
The following tables and charts contain in-depth metrics for SPY and compare it to similar peer ETFs within its ETFdb Category.
SPY - HoldingsFilings Data as of: May 04, 2015
Top Ten Holdings
AAPL 3.94%Apple Inc
MSFT 2.16%Microsoft Corp
XOM 1.98%Exxon Mobil Corporation
JNJ 1.49%Johnson & Johnson
GE 1.47%General Electric Co
WFC 1.40%Wells Fargo & Co
BRK.B 1.39%Berkshire Hathaway Inc Class B
JPM 1.28%JPMorgan Chase & Co
PG 1.16%Procter & Gamble Co
VZ 1.13%Verizon Communications Inc
This section compares how balanced and deep SPY is relative to the peer group ETFdb Category.
SPY Asset Allocation
SPY Sector Breakdown
SPY Market Cap Breakdown
SPY Region Breakdown
SPY Market Tier Breakdown
SPY Country Breakdown
SPY - Expenses & Fees
This section compares the cost efficiency of SPY to peers in the same ETFdb Category.
Expenses Ratio Analysis
Commission Free Trading in SPY
SPY is not currently available for commission free trading on any platforms.
Category Commission Free Trading
There are 16 other ETFs in the Large Cap Blend Equities ETFdb Category that are also eligible for commission free trading:
SPY - Performance
This section shows how SPY has performed relative to its peer group ETFdb Category.
SPY - Charts
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of SPY relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
SPY - Technicals
SPY Volatility Analysis
This section shows how the volatility of SPY compares to the peer group ETFdb Category.
- 20 Day MA: $211.07
- 60 Day MA: $209.20
- MACD 15 Period: 1.69
- MACD 100 Period: 5.72
- Williams % Range 10 Day: 15.31
- Williams % Range 20 Day: 11.25
- RSI 10 Day: 60
- RSI 20 Day: 57
- RSI 30 Day: 56
- Ultimate Oscillator: 61
SPY Bollinger Bands
- Lower Bollinger (10 Day): $209.62
- Upper Bollinger (10 Day): $214.51
- Lower Bollinger (20 Day): $208.00
- Upper Bollinger (20 Day): $214.16
- Lower Bollinger (30 Day): $207.80
- Upper Bollinger (30 Day): $213.64
SPY Support & Resistance
- Support Level 1: n/a
- Support Level 2: $212.52
- Resistance Level 1: n/a
- Resistance Level 2: $213.78
- Stochastic Oscillator %D (1 Day): 43.60
- Stochastic Oscillator %D (5 Day): 71.52
- Stochastic Oscillator %K (1 Day): 52.23
- Stochastic Oscillator %K (5 Day): 77.02
Latest SPY News
The Best and Worst All-ETF Portfolios of 2014
ETF Scorecard – December 19th Edition
Buy On The Dip Prospects: December 15th Edition
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.