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Description
SPDR Portfolio S&P 500 Growth ETF is an exchange-traded fund managed by State Street Global Advisors. It seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Growth Index. This index measures the performance of the large-capitalization growth segment of the U.S. equity market, consisting of stocks from the S&P 500 that exhibit the strongest growth characteristics. Selection criteria include sales growth, earnings change to price ratio, and momentum, with the index being float-adjusted market capitalization weighted. The ETF holds approximately 139 securities, offering investors targeted exposure to U.S. large-cap growth companies across diversified sectors. As part of the low-cost State Street SPDR Portfolio suite, it serves as a core building block for portfolios seeking broad, diversified access to growth-oriented equities within the S&P 500 universe. Launched in 2000, it focuses on companies demonstrating robust growth potential in the dynamic U.S. market.
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Instrument type
ETF
Country
United States
MIC code
ARCX