SPDR S&P 500 ETF Trust (NYSEARCA:SPY) reflects the S&P 500, representing every stock within the S&P 500 and in the correct proportions. It is one of the largest and most popular ETFs and is run by State Street Global Advisors. Many point to ETFs as safe investment decisions because they are diverse in nature, shielding investors from siloed mishaps.
Investors can buy and sell shares of SPY just like a stock, with a current share price of $199. Over the past 5 years, shares of SPY have climbed nearly 60% but in the last year alone, SPY fell slightly by 0.47%. This is a better performance than several other ETFs, such as VTI, VOO, IVV, and EFA which fell 1.28%, 0.50%, 0.66%, and 2.37%, respectively. However when measured over the past 15 years, SPY has an average annual return of +5.06.
Because SPY is meant to be a direct reflection of the S&P 500, over 98% of its components are US stocks. Its largest holdings by weight are Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Exxon Mobil Corporation (NYSE:XOM). More than 18% of SPY’s holdings are in the technology sector, nearly 15% are in the healthcare sector, and nearly 15% are in the financial services sector.
Based on the top ten stocks in SPY, Wall Street analysts have a positive sentiment on the ETF. Likewise, financial bloggers also have a positive sentiment on SPY based on its 10 largest holdings. On the other hand, corporate insiders have an aggregated negative sentiment on SPY while hedge fund activity indicates neutral sentiment. The ten largest holdings in SPY are Apple, Microsoft, Exxon Mobile, General Electric, Johnson & Johnson, Wells Fargo, Amazon, Berkshire Hathaway, J.P. Morgan Chase, and Facebook.
SPY has a 52-week low of $182.40 and a 52-week high of $213.78. It was created in 1993 and had assets worth $180.51 billion.