SPDR S&P 500 ETF (SPY)
Largest and most heavily-traded ETF in the world, offering exposure to the S&P 500 index. For those seeking to establish exposure to large-cap U.S. stocks, the liquidity of SPY is unrivaled. Spreads are always very narrow, and investors can move in and out of this fund with ease. Listed on the US NYSE market.
Asset Class | Equity ETF
Coverage | 99% US stocks, 88% Large Cap
AUM | US$ 308B
Avg Daily Trgd Vol | 75M Shares (US$ 27B)
Expense Ratio | 0.09%
Holdings | 506 Companies
Dividend Yield | 1.62%
P/E Ratio | 24.17X
Technical Analysis
SPY uptrend channel still intact. Short Term Support | USD 340.
Conclusion
Can still buy & hold.
Investment return @ average 9.85% per year (Feb 93 – Aug 20). SPY is suitable for use in long term investment strategy. It is a component ETF of the Ewpple ETF portfolio.
No comments:
Post a Comment