SPLG
SPDR Portfolio S&P 500 ETF
The SPDR Portfolio S&P 500 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Index
US
EQUITY
Rules-Based
MANAGEMENT STYLE
51.0 B
ASSETS UNDER MGMT
2 bp
EXPENSES
Fund Basics
Fund sponsor | SSgA Funds Management Inc |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Nov 08, 2005 |
Assets (mns) | $50,954 |
Expense ratio | 2 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
NVIDIA CORP | 7.2 % |
APPLE INC | 6.8 % |
MICROSOFT CORP | 6.2 % |
AMAZON.COM INC | 3.8 % |
META PLATFORMS INC | 2.5 % |
ALPHABET INC. CLASS A | 2.1 % |
TESLA MOTORS INC | 1.8 % |
ALPHABET INC. CLASS C | 1.7 % |
BROADCOM INC. | 1.7 % |
BERKSHIRE HATHAWAY INC-CL B | 1.7 % |
Constituent Breakdown
Number of holdings | 503 |
Herfindahl-Hirschman Index | 196 |
Wgt avg mkt cap (mns) | $877,100 |
Large cap (>$10bn) | 99.4% |
Mid cap ($2-10bn) | 0.4% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 96.7 % | |
IRELAND | 1.6 % | |
BRITAIN | 0.6 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 20.8% | 37.9% | 23.4% | 9.2% | 15.4% | 13.0% | 10.5% | Volatility | 12.4% | 12.2% | 14.0% | 17.5% | 21.1% | 17.8% | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.99 | 100% |
MSCI EAFE | 0.84 | 74% |
MSCI Emg Mkts | 0.64 | 43% |
Liquidity Measures
Avg. volume (000) | 6,004 |
Turnover | 0.8% |
Avg. Bid/Ask (% of price) | 0.02% |
ADV of underlying (mns) | $320,263 |
Technical Indicators
Recent close | $69.79 |
30d moving avg. | $67.73 |
Annualized volatility | 17.2% |
Relative strength (RSI) | 51 |
Short interest (ETF) | 0.8% |
Short interest (underlying) | 1.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. SPLG |
Expenses vs. SPLG |
ALTAR Score™ vs. SPLG |
---|---|---|---|---|
IVV | iShares Core S&P 500 ETF | 99.6% | +1 bp | 0.0% |
SPY | SPDR S&P 500 ETF Trust | 99.6% | +7 bp | -0.1% |
VOO | Vanguard S&P 500 ETF | 99.0% | +1 bp | 0.0% |
SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 96.9% | +18 bp | -0.2% |
VV | Vanguard Large-Cap ETF | 95.8% | +2 bp | -0.1% |
STRV | Strive 500 ETF | 95.7% | +3 bp | -0.1% |
PBUS | Invesco MSCI USA ETF | 95.2% | +2 bp | -0.1% |
ILCB | iShares Morningstar U.S. Equity ETF | 94.8% | +1 bp | -0.1% |
SPXE | ProShares S&P 500 Ex-Energy ETF | 92.6% | +7 bp | -0.2% |
BBUS | JP Morgan Betabuilders U.S. Equity ETF | 92.4% | 0 bp | 0.0% |
Risk and Returns: SPLG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 11/14/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
SPLG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SPLG
5.0%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. SPLG's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places SPLG in the 43rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SPLGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
SPLG (2 bp) Percentile rank | 9 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
SPLG | 2.0 | 1.9 | 3.9 |
Peer Avg. | 35.3 | 15.0 | 50.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .