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 $182.49B 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.