Industry WIKI

SPDR funds (pronounced "spider") are a family of exchange-traded funds (ETFs) traded in the United States, Europe, Mexico and Asia-Pacific and managed by State Street Global Advisors (SSGA). Informally, they are also known as Spyders or Spiders. SPDR is a trademark of Standard and Poor's Financial Services LLC, a subsidiary of S&P Global. The name is an acronym for the first member of th

The SPDR S&P 500 ETF Trust, commonly known by its ticker symbol SPY (NYSE Arca: SPY), is an exchange-traded fund (ETF) that seeks to track, before expenses, the price and yield performance of the S&P 500 by holding, as far as practicable, a portfolio of common stocks included in the index, with portfolio weights that substantially correspond to the index. Launched on January 22, 1993, SP