Image for SPDR S&P 500 ETF Trust

SPDR S&P 500 ETF Trust

The SPDR S&P 500 ETF Trust (SPY) is an investment fund that aims to reflect the performance of the S&P 500 stock index, which includes 500 of the largest U.S. companies. By buying shares of SPY, you’re effectively investing in a wide range of leading companies like Apple, Google, and Microsoft. It provides a way to gain broad market exposure with the convenience of trading like a stock. SPY offers diversification, liquidity, and a way to invest in the overall U.S. economy without having to pick individual stocks.