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The investment objective of the Fund is to track the U.S. equity market performance of large cap securities by seeking to replicate the performance of the S&P 500 Index (the 'Index') as closely as possible. The Fund is an index tracking fund (and also known as a passively managed fund). The Fund invests primarily in securities included in the Index, which consists of the top 500 companies in the U.S. equity market. The Fund seeks to hold all the securities of the Index with the approximate weightings as in that Index. Although the Index is generally well diversified, to enable the Fund to track the Index accurately, the Fund will make use of the increased diversification limits available under the UCITS Regulations, which permit it to hold positions in individual constituents of the Index issued by the same body of up to 20% of the Fund's net asset value.
View fundThe Fund is a passively managed Exchange-Traded Fund ("ETF''), which aims to achieve the net total return performance of the S&P 500 Index (the “Index”) , less fees, expenses and transaction costs.
View fundKey takeaways
£SPXP is managed by Invesco with an annual fund charge of 0.05% and a fund size of £26.1 billion, while €SPYL is managed by SPDR ETFs with a lower annual fund charge of 0.03% and a fund size of €10.0 billion. £SPXP trades in GBP on the London Stock Exchange, whereas €SPYL trades in EUR on the Deutsche Börse Xetra. Both ETFs have an accumulating distribution policy, reinvesting dividends rather than paying them out to shareholders.
Fund highlights
Fund name | SPDR S&P 500 | Invesco S&P 500 |
|---|---|---|
EUR | GBP | |
USD | USD | |
| Accumulating | Accumulating | |
Fund size | €16bn | £31bn |
| - | - | |
Last price | €16.12 | £11.19 |
| 0.03% | 0.05% | |
Fund manager | SPDR ETFs | Invesco |
Benchmark | S&P 500 | S&P 500 |
Risk | - | - |
Ticker | €SPYL | £SPXP |
Primary listing | XETRA | LSE |
Documents | €SPYL Key Information Document | £SPXP Key Information Document |
Market data provided by CBOE Europe and Deutsche Börse.
Performance
CumulativeRolling yearsLump sum investment
€SPYL
£SPXP
Past performance is no guarantee of future returns.
The “cumulative” calculation shows returns on a price basis (i.e. excluding dividends). If an instrument trades in a different currency from your home currency, currency fluctuations may affect returns. These instruments are traded in different currencies, and performance is shown in the instruments' trading currencies
Sector exposure
ChartTable
€SPYL
£SPXP
Top holdings
NVIDIA
7.94%
Apple
7.42%
Microsoft
4.45%
Amazon
3.59%
Alphabet Class A
2.93%
Broadcom
2.92%
Alphabet Class C
2.36%
Meta
2.09%
Micron Technology
1.75%
Other
64.55%
NVIDIA
7.80%
Apple
6.90%
Microsoft
4.70%
Amazon
3.70%
Alphabet Class A
3.40%
Broadcom
2.80%
Alphabet Class C
2.70%
Meta
2.00%
Tesla
1.70%
Other
64.30%
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