- What does SPIDX invest in?
- The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks of companies included in the S&P 500® Index, and in derivatives and other instruments that have economic characteristics similar to such securities. The index measures the performance of equity securities of larger U.S. companies. The fund is non-diversified.
- What is the expense ratio of SPIDX?
- Invesco S&P 500 Index Y (SPIDX) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SPIDX?
- Invesco S&P 500 Index Y (SPIDX) manages $3.43B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is SPIDX actively managed or an index fund?
- SPIDX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPIDX's is 0.29%) because there's no security selection cost.
- When was SPIDX launched?
- Invesco S&P 500 Index Y (SPIDX) launched in September 1997 and is managed by Invesco.
- How has SPIDX performed?
- SPIDX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
