The SPDR S&P 500 ETF (SPY5 GY) issued by SPDR ETFs in Europe has been tradable on Xetra for the first time since Tuesday. The counterpart SPDR S&P 500 ETF (SPY US), which was issued in the US in 1993, is one of the largest and most traded ETFs worldwide.*….…
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ETF name: SPDR S&P 500 ETF
Asset class: equity index ETF
ISIN: IE00B6YX5C33
Total expense ratio: 0.15 percent
Distribution policy: distributing
Benchmark: S&P 500 Index
The SPDR S&P 500 ETF enables investors to participate in the performance of the S&P 500 Net Total Return Index. The index is weighted according to free float market capitalisation and tracks the performance of the 500 largest US stock corporations. The index is calculated on the basis of the reinvestment of dividends after the deduction of any tax.
Source: ETFWorld – Deutsche Boerse
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