Skip to Content

SPDR® S&P 500 ETF Trust SPY

Analyst rating as of

Morningstar’s Analysis

Will SPY outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

It is one of the cheapest U.S. large-cap funds, but its legal structure is a slight disadvantage.


| |

SPDR S&P 500 ETF is one of the best U.S. large-cap funds around because it is one of the cheapest and tracks the well-constructed S&P 500. However, the fund is structured as a unit investment trust, which puts it at a slight disadvantage to some of its peers. Under our new ratings framework the fund is being downgraded to a Morningstar Analyst Rating of Silver from Gold.

Unlock our full analysis with Morningstar Premium