State Street SPDR Portfolio S&P 500 ETF

Frequently Asked Questions About SPYM

What does SPYM invest in?

The State Street SPDR Portfolio S&P 500 ETF (SPYM) is designed to generate investment returns that broadly align with the total performance of the S&P 500 Index, before any charges or operating costs. This economical exchange-traded fund offers comprehensive and targeted access to the prominent large-cap sector of the American stock market. The underlying S&P 500 Index itself captures approximately four-fifths of the entire U.S. market capitalization. It is a cornerstone offering within the affordable State Street SPDR Portfolio family, a collection of essential investment vehicles crafted to provide extensive, diversified exposure across fundamental asset categories.

What is the expense ratio of SPYM?

State Street SPDR Portfolio S&P 500 ETF (SPYM) charges an expense ratio of 0.02%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPYM?

State Street SPDR Portfolio S&P 500 ETF (SPYM) manages $171.52B 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 SPYM actively managed or an index fund?

SPYM 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 (SPYM's is 0.02%) because there's no security selection cost.

When was SPYM launched?

State Street SPDR Portfolio S&P 500 ETF (SPYM) launched in November 2005 and is managed by SPDR.

How has SPYM performed?

SPYM'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.