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
89.6 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) | $89,622 |
| 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 | 8.0 % |
| MICROSOFT CORP | 6.8 % |
| APPLE INC | 6.5 % |
| AMAZON.COM INC | 3.8 % |
| META PLATFORMS INC | 2.7 % |
| BROADCOM INC. | 2.7 % |
| ALPHABET INC. CLASS A | 2.5 % |
| TESLA MOTORS INC | 2.1 % |
| ALPHABET INC. CLASS C | 2.0 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.6 % |
Constituent Breakdown
| Number of holdings | 503 |
| Herfindahl-Hirschman Index | 216 |
| Wgt avg mkt cap (mns) | $1,263,562 |
| Large cap (>$10bn) | 99.2% |
| Mid cap ($2-10bn) | 0.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.4% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 97.5 % |
 |
IRELAND | 1.4 % |
 |
BRITAIN | 0.5 % |
Historical Performance
Standardized Performance (as of 09/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 13.6% | 16.0% | 24.8% | 23.1% | 14.8% | 13.3% | -- | 9.0% |
| Dividend Yield | 0.4% | 0.8% | 1.3% | 1.5% | 1.5% | 1.9% | -- | 2.0% |
| Total Returns | 14.0% | 16.8% | 26.1% | 24.6% | 16.3% | 15.2% | -- | 11.0% | Ann. Volatility | 20.3% | 18.6% | 15.8% | 16.2% | 17.0% | 18.1% | -- | 19.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.99 | 99% |
| MSCI EAFE | 0.54 | 37% |
| MSCI Emg Mkts | 0.34 | 17% |
Liquidity Measures
| Avg. volume (000) | 11,055 |
| ADV traded (mns) | $864 |
| Turnover | 1.0% |
| Avg. Bid/Ask (% of price) | 0.01% |
Technical Indicators
| Recent close | $78.16 |
| 30d moving avg. | $77.62 |
| Annualized volatility | 13.4% |
| Relative strength (RSI) | 52 |
| Short interest | 2.7% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| SPY | SPDR S&P 500 ETF Trust | 99.6% | +7 bp | +4.8% |
| IVV | iShares Core S&P 500 ETF | 99.6% | +1 bp | +4.9% |
| VOO | Vanguard S&P 500 ETF | 98.7% | +1 bp | +4.9% |
| BBUS | JP Morgan Betabuilders U.S. Equity ETF | 97.5% | 0 bp | +4.9% |
| VOTE | TCW Transform 500 ETF | 97.2% | +3 bp | +4.8% |
| GUSA | Goldman Sachs MarketBeta U.S. 1000 Equity ETF | 97.0% | +9 bp | +4.9% |
| SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 97.0% | +18 bp | +4.7% |
| BKLC | BNY Mellon US Large Cap Core Equity ETF | 96.8% | -2 bp | +4.9% |
| VV | Vanguard Large-Cap ETF | 96.5% | +2 bp | +4.8% |
| STRV | Strive 500 ETF | 96.2% | +3 bp | +4.8% |
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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| 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 10/19/2025
Peer Group Comparison Sample data. Subscribe for access.
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
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
SPLG
4.9%
Cat. Avg
5.7%
ALTAR Score™ Calculation
Category Overview
There are 993 funds in the US Equity category, with an average ALTAR Score™
of 5.7% and a standard deviation of
2.3%. SPLG's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places SPLG in the 37th 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 | 627 |
| Avg. Expense Ratio | 46.1 bp |
| Std. Deviation | 32.8 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 | 1.3 | 3.3 |
| Peer Avg. | 46.1 | 15.6 | 61.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .