State Street SPDR Portfolio S&P 500 Value ETF

Frequently Asked Questions About SPYV

What does SPYV invest in?

The State Street SPDR Portfolio S&P 500 Value ETF (SPYV) aims to replicate the overall returns of the S&P 500 Value Index, before deducting its operational expenses. This economical exchange-traded fund offers investors exposure to S&P 500 companies that appear to be trading at an attractive discount compared to the broader market. The selection of stocks for the underlying Index is based on specific "value" attributes, such as their price-to-book, price-to-earnings, and price-to-sales ratios. SPYV is a key component of the State Street SPDR Portfolio's series of core ETFs, which are designed as essential building blocks for portfolios, providing wide-ranging and diversified investment in fundamental asset classes.

What is the expense ratio of SPYV?

State Street SPDR Portfolio S&P 500 Value ETF (SPYV) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPYV?

State Street SPDR Portfolio S&P 500 Value ETF (SPYV) manages $35.97B 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 SPYV actively managed or an index fund?

SPYV 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 (SPYV's is 0.04%) because there's no security selection cost.

When was SPYV launched?

State Street SPDR Portfolio S&P 500 Value ETF (SPYV) launched in September 2000 and is managed by SPDR.

How has SPYV performed?

SPYV'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.