SPDR S&P 500 ETF Trust SPY, the first-ever exchange-traded fund listed in the United States, combines a broadly diversified portfolio of U.S. large-cap stocks with low turnover and a cheap price. This provides a durable edge over Morningstar Category peers. However, there are cheaper alternatives, and its unit investment trust structure limits managers’ ability to add incremental value for shareholders compared to some of its peers. This fund earns a Morningstar Analyst Rating of Silver.
Morningstar’s Analysis SPY
Will SPY outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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Parent Pillar
- Current Portfolio Date
- Equity Holdings 503
- Bond Holdings 0
- Other Holdings 1
- % Assets in Top 10 Holdings 31.6