SPY ETF Top Holdings
The SPY is a well-balanced group of assets that invests in a lot of different types of stocks. As of September 21, 2023, these are the top five,
Information Technology |
27.16% |
---|---|
Healthcare |
13.41% |
Financials |
12.99% |
Consumer Discretionary |
10.70% |
Communication Services |
8.80% |
The SPDR S&P 500 ETF Trust puts most of its money into common stocks, which are part of the S&P 500 Index. The following companies make up its top 10 assets right now:
Holding Company |
% SPY Portfolio Weight |
---|---|
Apple (AAPL) | 7.05% |
Microsoft (MSFT) | 6.54% |
Amazon (AMZN) | 3.24% |
NVIDIA (NVDA) | 2.79% |
Alphabet—Class A (GOOGL) | 2.13% |
Tesla (TSLA) | 1.95% |
Alphabet—Class C (GOOG) | 1.83% |
Berkshire Hathaway—Class B (BRK.B) | 1.83% |
Meta Platforms—Class A (META) | 1.81% |
UnitedHealth (UNH) | 1.28% |
What is SPY ETF and How it Works?
SPDR S&P 500 ETF Trust, or SPY, tracks the S&P 500 index. The S&P 500 is a market-capitalization-weighted index that tracks 500 of the largest US public corporations. These firms operate in healthcare, technology, finance, and more. SPY is one of the most popular exchange-traded funds worldwide. It tracks the S&P 500 index by offering exposure to a broad selection of U.S. equities. State Street Global Advisors runs the ETF. Many investors use the SPY ETF to add diversity to their portfolios and obtain exposure to the U.S. stock market. It represents the market and is a yardstick for U.S. large-cap equities because it reflects the S&P 500. The SPY ETF is liquid and accessible because investors and traders can buy and sell shares on stock exchanges during the day.
Geeky Takeaways:
- The SPY ETF reflects the S&P 500 index, giving investors quick access to a diversified portfolio of U.S. large-cap equities.
- State Street Global Advisors manages the SPY ETF, one of the most commonly traded ETFs worldwide, providing investors with a liquid and accessible way to track the U.S. stock market.
- SPY, a market-capitalization-weighted fund, tracks 500 of the largest publicly listed US firms from various industries.
- The SPY ETF is a trustworthy benchmark for U.S. large-cap equities and the equity market, so investors use it to diversify their portfolios.
- The SPY ETF’s real-time stock exchange trading gives traders and investors versatility and flexibility in their investment methods.
Table of Content
- How SPY ETF Works?
- SPY ETF Portfolio Structure and Costs
- SPY ETF Top Holdings
- SPY ETF Performance
- Why Invest in SPY ETF?
- Advantages of Investing in SPY ETF
- Disadvantages of Investing in SPY ETF
- How Do I buy SPY ETF?
- Frequently Asked Questions (FAQs)