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SPDR® Portfolio S&P 500 ETF
ETF
SPLG
Payout Change
Pending
Price as of:
$68.95
-0.02
-0.03%
primary theme
U.S. Large-Cap Blend Equity
SPLG (ETF)
SPDR® Portfolio S&P 500 ETF
Payout Change
Pending
Price as of:
$68.95
-0.02
-0.03%
primary theme
U.S. Large-Cap Blend Equity
SPLG (ETF)
SPDR® Portfolio S&P 500 ETF
Payout Change
Pending
Price as of:
$68.95
-0.02
-0.03%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
24.6%
1 yr return
26.6%
3 Yr Avg Return
10.5%
5 Yr Avg Return
14.7%
Net Assets
$53.4 B
Holdings in Top 10
34.6%
52 WEEK LOW AND HIGH
$69.0
$54.97
$71.52
Expenses
OPERATING FEES
Expense Ratio 0.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 4.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SPLG - Profile
Distributions
- YTD Total Return 24.6%
- 3 Yr Annualized Total Return 10.5%
- 5 Yr Annualized Total Return 14.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.51%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSPDR® Portfolio S&P 500 ETF
-
Fund Family NameState Street Global Advisors - advised funds
-
Inception DateNov 15, 2005
-
Shares Outstanding280650000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Feehily
Fund Description
In seeking to track the performance of the S&P 500 Index (the “Index”), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc. (“SSGA FM”or the “Adviser”), the investment adviser to the Fund, either may invest the Fund's assets in a subset of securities in the Index or may invest the Fund's assets in substantially all of the securities represented in the Index in approximately the same proportions as the Index, as determined by the Adviser to be in the best interest of the Fund in pursuing its objective.Under normal market conditions, the Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index. In addition, in seeking to track the Index, the Fund may invest in equity securities that are not included in the Index (including common stock, preferred stock, depositary receipts and shares of other investment companies). The Fund may also invest in cash and cash equivalents or money market instruments (including money market funds advised by the Adviser) for cash management purposes. In seeking to track the Index, the Fund's assets may be concentrated in an industry or group of industries, but only to the extent that the Index concentrates in a particular industry or group of industries. Futures contracts (a type of derivative instrument) may be used by the Fund in seeking performance that corresponds to the Index and in managing cash flows.The Index is designed to measure the performance of the large-capitalization segment of the U.S. equity market. The selection universe for the Index includes all U.S. common equities listed on the NYSE, NYSE Arca, NYSE American, NASDAQ Global Select Market, NASDAQ Global Market, NASDAQ Capital Market, Cboe BZX, Cboe BYX, Cboe EDGA, or Cboe EDGX with unadjusted market capitalizations of at least $18 billion and float-adjusted market capitalizations of at least $9 billion at the time of inclusion. These capitalization ranges may be revised by the Index Provider (as defined below) at any time. To be included in the Index, a security (or issuer of a security, as applicable) should (i) have an annual dollar value traded to float-adjusted market capitalization ratio of 0.75 or greater at the time of addition to the S&P Composite 1500 Index (the Index's parent index); (ii) trade a minimum of 250,000 shares in each of the six months leading up to the evaluation date; (iii) have a public float of at least 10%; and (iv) have positive aggregate earnings over the four most recent quarters and for the most recent quarter. In selecting securities for inclusion in the Index, the Index Provider also considers sector balance by comparing the weight of each GICS (Global Industry Classification Standard) sector in the Index to its weight in the relevant market capitalization range of the S&P Total Market Index.The Index is float-adjusted market capitalization weighted. Index constituents are added and removed on an as-needed basis. The Index is rebalanced on a quarterly basis in March, June, September and December. As of August 31, 2024, a significant portion of the Fund comprised companies in the technology sector, although this may change from time to time. As of July 31, 2024, the Index comprised 503 stocks.The Index is sponsored by S&P Dow Jones Indices LLC (the “Index Provider”), which is not affiliated with the Fund or the Adviser. The Index Provider determines the composition of the Index, relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
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SPLG - Performance
Return Ranking - Trailing
| Period | SPLG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.6% | -7.7% | 42.7% | 21.88% |
| 1 Yr | 26.6% | -7.3% | 42.1% | 16.72% |
| 3 Yr | 10.5%* | -5.4% | 21.4% | 16.81% |
| 5 Yr | 14.7%* | -2.1% | 108.6% | 15.19% |
| 10 Yr | 13.1%* | 2.0% | 52.4% | 5.66% |
* Annualized
Return Ranking - Calendar
| Period | SPLG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.3% | -42.6% | 47.4% | 15.46% |
| 2022 | -19.4% | -56.3% | -4.2% | 27.95% |
| 2021 | 27.0% | -27.2% | 537.8% | 5.61% |
| 2020 | 16.2% | -22.5% | 2181.7% | 26.30% |
| 2019 | 29.5% | -13.5% | 40.4% | 11.21% |
Total Return Ranking - Trailing
| Period | SPLG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.6% | -7.7% | 42.7% | 21.88% |
| 1 Yr | 26.6% | -7.3% | 42.1% | 16.72% |
| 3 Yr | 10.5%* | -5.4% | 21.4% | 16.81% |
| 5 Yr | 14.7%* | -2.1% | 108.6% | 15.19% |
| 10 Yr | 13.1%* | 2.0% | 52.4% | 5.66% |
* Annualized
Total Return Ranking - Calendar
| Period | SPLG Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 26.2% | -5.0% | 47.4% | 25.02% |
| 2022 | -18.1% | -36.8% | -2.2% | 48.54% |
| 2021 | 28.8% | 3.0% | 537.8% | 20.75% |
| 2020 | 18.5% | -15.8% | 2266.0% | 34.07% |
| 2019 | 32.0% | -0.4% | 241.3% | 16.68% |
SPLG - Holdings
Concentration Analysis
| SPLG | Category Low | Category High | SPLG % Rank | |
|---|---|---|---|---|
| Net Assets | 53.4 B | 2.34 M | 1.84 T | 6.87% |
| Number of Holdings | 508 | 2 | 3963 | 13.74% |
| Net Assets in Top 10 | 16.1 B | 880 K | 525 B | 7.20% |
| Weighting of Top 10 | 34.57% | 0.3% | 111.6% | 56.61% |
Top 10 Holdings
- Apple Inc 7.26%
- Microsoft Corp 6.56%
- NVIDIA Corp 6.12%
- Amazon.com Inc 3.57%
- Meta Platforms Inc 2.56%
- Alphabet Inc 1.99%
- Berkshire Hathaway Inc 1.73%
- Alphabet Inc 1.65%
- Broadcom Inc 1.65%
- Tesla Inc 1.49%
Asset Allocation
| Weighting | Return Low | Return High | SPLG % Rank | |
|---|---|---|---|---|
| Stocks | 99.82% | 0.00% | 105.79% | 12.33% |
| Cash | 0.29% | 0.00% | 99.07% | 74.59% |
| Other | 0.00% | -13.91% | 100.00% | 32.86% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 32.70% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 29.49% |
| Bonds | 0.00% | 0.00% | 93.85% | 34.93% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | SPLG % Rank | |
|---|---|---|---|---|
| Technology | 24.45% | 0.00% | 48.94% | 46.54% |
| Healthcare | 14.46% | 0.00% | 52.29% | 48.99% |
| Financial Services | 13.42% | 0.00% | 55.59% | 49.58% |
| Consumer Cyclical | 10.76% | 0.00% | 30.33% | 45.95% |
| Communication Services | 8.81% | 0.00% | 27.94% | 38.36% |
| Industrials | 8.19% | 0.00% | 29.90% | 73.69% |
| Consumer Defense | 6.90% | 0.00% | 47.71% | 47.47% |
| Energy | 4.80% | 0.00% | 41.64% | 31.62% |
| Utilities | 2.98% | 0.00% | 20.91% | 26.22% |
| Real Estate | 2.77% | 0.00% | 31.91% | 47.98% |
| Basic Materials | 2.47% | 0.00% | 25.70% | 53.46% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | SPLG % Rank | |
|---|---|---|---|---|
| US | 99.82% | 0.00% | 105.79% | 10.84% |
| Non US | 0.00% | 0.00% | 63.83% | 41.89% |
SPLG - Expenses
Operational Fees
| SPLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.02% | 0.01% | 19.75% | 99.00% |
| Management Fee | 0.02% | 0.00% | 1.90% | 2.41% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| SPLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SPLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| SPLG Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 4.00% | 0.00% | 268.00% | 7.47% |
SPLG - Distributions
Dividend Yield Analysis
| SPLG | Category Low | Category High | SPLG % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.25% | 0.00% | 25.47% | 46.39% |
Dividend Distribution Analysis
| SPLG | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| SPLG | Category Low | Category High | SPLG % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.51% | -54.00% | 2.44% | 4.99% |
Capital Gain Distribution Analysis
| SPLG | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.216 | OrdinaryDividend |
| Jun 24, 2024 | $0.223 | OrdinaryDividend |
| Mar 18, 2024 | $0.202 | OrdinaryDividend |
| Dec 18, 2023 | $0.221 | OrdinaryDividend |
| Sep 18, 2023 | $0.198 | OrdinaryDividend |
| Jun 20, 2023 | $0.203 | OrdinaryDividend |
| Mar 20, 2023 | $0.183 | OrdinaryDividend |
| Dec 19, 2022 | $0.207 | OrdinaryDividend |
| Sep 19, 2022 | $0.193 | OrdinaryDividend |
| Jun 21, 2022 | $0.194 | OrdinaryDividend |
| Mar 21, 2022 | $0.167 | OrdinaryDividend |
| Dec 20, 2021 | $0.203 | OrdinaryDividend |
| Sep 20, 2021 | $0.154 | OrdinaryDividend |
| Jun 21, 2021 | $0.167 | OrdinaryDividend |
| Mar 22, 2021 | $0.173 | OrdinaryDividend |
| Dec 21, 2020 | $0.181 | OrdinaryDividend |
| Sep 21, 2020 | $0.150 | OrdinaryDividend |
| Jun 22, 2020 | $0.168 | OrdinaryDividend |
| Mar 23, 2020 | $0.178 | OrdinaryDividend |
| Dec 20, 2019 | $0.188 | OrdinaryDividend |
| Sep 20, 2019 | $0.170 | OrdinaryDividend |
| Jun 21, 2019 | $0.172 | OrdinaryDividend |
| Mar 15, 2019 | $0.148 | OrdinaryDividend |
| Dec 21, 2018 | $0.172 | OrdinaryDividend |
| Sep 21, 2018 | $0.189 | OrdinaryDividend |
| Jun 15, 2018 | $0.152 | OrdinaryDividend |
| Mar 16, 2018 | $0.139 | OrdinaryDividend |
| Dec 15, 2017 | $0.157 | OrdinaryDividend |
| Sep 15, 2017 | $0.140 | OrdinaryDividend |
| Jun 16, 2017 | $0.135 | OrdinaryDividend |
| Mar 17, 2017 | $0.117 | OrdinaryDividend |
| Dec 16, 2016 | $0.151 | OrdinaryDividend |
| Sep 16, 2016 | $0.124 | OrdinaryDividend |
| Jun 17, 2016 | $0.124 | OrdinaryDividend |
| Mar 18, 2016 | $0.119 | OrdinaryDividend |
| Dec 18, 2015 | $0.141 | OrdinaryDividend |
| Sep 18, 2015 | $0.116 | OrdinaryDividend |
| Jun 19, 2015 | $0.117 | OrdinaryDividend |
| Mar 20, 2015 | $0.102 | OrdinaryDividend |
| Dec 19, 2014 | $0.126 | OrdinaryDividend |
| Sep 19, 2014 | $0.106 | OrdinaryDividend |
| Jun 20, 2014 | $0.108 | OrdinaryDividend |
| Mar 21, 2014 | $0.094 | OrdinaryDividend |
| Dec 20, 2013 | $0.113 | OrdinaryDividend |
| Sep 20, 2013 | $0.094 | OrdinaryDividend |
| Jun 21, 2013 | $0.092 | OrdinaryDividend |
| Mar 15, 2013 | $0.073 | OrdinaryDividend |
| Dec 21, 2012 | $0.113 | OrdinaryDividend |
| Sep 21, 2012 | $0.089 | OrdinaryDividend |
| Jun 15, 2012 | $0.076 | OrdinaryDividend |
| Mar 16, 2012 | $0.067 | OrdinaryDividend |
| Dec 16, 2011 | $0.082 | OrdinaryDividend |
| Sep 16, 2011 | $0.067 | OrdinaryDividend |
| Jun 17, 2011 | $0.067 | OrdinaryDividend |
| Mar 18, 2011 | $0.058 | OrdinaryDividend |
| Dec 17, 2010 | $0.068 | OrdinaryDividend |
| Sep 17, 2010 | $0.065 | OrdinaryDividend |
| Jun 18, 2010 | $0.058 | OrdinaryDividend |
| Mar 19, 2010 | $0.051 | OrdinaryDividend |
| Dec 18, 2009 | $0.036 | OrdinaryDividend |
| Sep 18, 2009 | $0.057 | OrdinaryDividend |
| Jun 19, 2009 | $0.060 | OrdinaryDividend |
| Mar 20, 2009 | $0.065 | OrdinaryDividend |
| Dec 19, 2008 | $0.085 | OrdinaryDividend |
| Sep 19, 2008 | $0.075 | OrdinaryDividend |
| Jun 20, 2008 | $0.076 | OrdinaryDividend |
| Mar 20, 2008 | $0.071 | OrdinaryDividend |
| Dec 21, 2007 | $0.076 | OrdinaryDividend |
| Dec 21, 2007 | $0.008 | CapitalGainShortTerm |
| Dec 21, 2007 | $0.017 | CapitalGainLongTerm |
| Sep 21, 2007 | $0.071 | OrdinaryDividend |
SPLG - Fund Manager Analysis
Managers
Michael Feehily
Start Date
Tenure
Tenure Rank
Oct 31, 2011
10.59
10.6%
Mr. Feehily, CFA, is a Managing Director of SSGA and the Adviser and Co-Head of Passive Equity Strategies in North America in the Global Equity Beta Solutions Group. In this capacity, Mr. Feehily has oversight of the North American Passive Equity teams in Boston and Montreal. In addition, Mr. Feehily is a member of the Senior Management Group. Mr. Feehily rejoined SSgA in 2010 after spending the previous four years at State Street Global Markets LLC where he helped to build the Exposure Solutions business.
Karl Schneider
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Karl Schneider, CAIA, is a Vice President of SSGA and SSGA FM, and Head of U.S. Equity Strategies for GEBS, where in addition to overseeing the management of the U.S. equity index strategies, he also serves as a portfolio manager for a number of the group's passive equity portfolios. Previously within GEBS, he served as a portfolio manager and product specialist for synthetic beta strategies, including commodities, buy/write, and hedge fund replication. Prior to joining GEBS, Mr. Schneider worked as a portfolio manager in SSGA's Currency Management Group, managing both active currency selection and traditional passive hedging overlay portfolios. He joined SSGA in 1996. Mr. Schneider holds a BS in finance and investments from Babson College and an MS in finance from Boston College. He has earned the Chartered Alternative Investment Analyst designation. Mr. Schneider is a member of the CAIA Association.
John Law
Start Date
Tenure
Tenure Rank
Mar 01, 2019
3.25
3.3%
John Law, CFA, Vice President and a Senior Portfolio Manager in the Global Equity Beta Solutions Group, has managed the portion of the Fund's assets allocated to SSGA FM for the Fund's Passive International Small Cap Equity Sub-strategy since 2017.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
