About Spy and Spy Trading
The SPDR S&P 500 ETF Trust (SPY) is designed to provide investment returns corresponding to the price and yield performance of the USA500 Index on a day to day basis. However, it would help if you always kept in mind that there is no guarantee the funds will meet their stated investment objective. SPY was launched in 1993 as the very first ETF listed in the United States.
The USA500 Index is composed of five hundred (500) selected stocks and spans over approximately 24 separate industry groups. The SPY is a diversified basket of assets, allocating its fund into multiple sectors, such as information technology, healthcare, financial services, communication services, industrials, consumer defensive, consumer cyclical, utilities, or real estate.