About SPYG ETF
STATE STREET SP 500 GROWTH ETF (SPYG) is a solid large-cap growth fund, that holds 300 companies from the S&P 500 Index based on three growth factors: sales growth, the ratio of earnings changes to price, and momentum. SPYG is skewed towards technology and health care and has a 57% exposure, whereas S&P 500 has a 37% exposure to those sectors. 5 Stellar Growth ETFs to Consider Right Now Growth Category Leads S&P 500 ETFs About the Fund Manager: State Street was incorporated in 1792, has four decades of experience meeting complex client needs and is the third largest asset manager in the world managing $2.73T. It is the 2nd United States bank on the list of oldest banks in continuous operation. State Street is ranked 14th on the list of largest banks in the United States by assets. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. SPYG has a high volume, with average spreads. However, it charges a low fee and its close tracking outweigh the spread disadvantage. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Returns
| Performance | YTD | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|
| State Street SP 500 Growth ETF | 8.05% | 57.38% | 23.31% | 20.63% | 16.69% |
Asset Class
Asset type breakdown
SPYG Holdings - Top 10
| Namei | Weightage (%) | |
|---|---|---|
| Apple Inc | 11.81% | |
| Microsoft Corporation | 10.54% | |
| Amazon.com, Inc | 7.81% | |
| Facebook, Inc | 3.81% | |
| Alphabet Inc | 3.66% | |
| Tesla, Inc | 2.90% | |
| NVIDIA Corporation | 1.88% | |
| PayPal Holdings, Inc | 1.72% | |
| Netflix, Inc | 1.39% | |
| Visa Inc | 1.32% |
SPYG Sectors/Industry Breakdown
| Sectori | % of market value | |
|---|---|---|
| Technology | 37.15% | |
| Consumer Cyclicals | 16.41% | |
| Communication Services | 15.11% | |
| Healthcare | 11.23% | |
| Financial Services | 6.90% | |
| Industrials | 5.97% | |
| Consumer Defensive | 3.93% | |
| Basic Materials | 1.69% | |
| Real Estate | 1.04% | |
| Utilities | 0.51% | |
| Energy | 0.06% |
SPYG Countries
| Countryi | % of market value | |
|---|---|---|
| North America | 99.44% | |
| United Kingdom | 0.48% | |
| Europe Developed | 0.06% | |
| Asia Emerging | 0.02% |
Projected Returns
Returnsbased on historic SIP returns of 14% per annum
SPYG Summary Data
| Total Net Assets | $ | i |
| Average Mkt Cap Mil | $ | i |
| Symbol | SPYG | |
| Exchange | ARCX | |
| ISIN | US78464A4094 |
| Cat. Benchmark | S&P 500 TR USD | |
| Asset class | Equity | |
| Category | Large Growth | |
| Country | US |
SPYG Portfolio Data & Volatility Analysis
| Net Expense Ratio | 0.04 | i |
| Beta | 0.98 | i |
| Valuations Rates Portfolio PE | 28.6214 | i |
| 3 Year Standard Deviation | 18.35 | i |
Fund Strategy
SPDR Portfolio 500 Growth ETF is an exchange-traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the performance of the S&P 500 Growth Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.
SPYG Fact Sheets & Reports
About State Street
State Street Corporation is an American financial services corporation founded in 1792. State Street has been providing ETFs since 1993. Today State Street provides ETFs across major markets covering different asset classes. State Street prides itself in creating client oriented products.
