The "Mini-SPY" You Might Not Know About - SPLG!
SPLG can be considered a miniature version of the infamous SPY ETF; albeit a few minor differences in structure and some other additional factors (available in the SPLG prospectus).1 However, these differences are not very relevant to long-term investors or short-term traders looking to make a strategic move in the S&P 500 Index (SPX). According to ETF Trends “SPLG is a cheaper, modernized S&P 500 alternative to the flagship SPDR S&P 500 ETF Trust (SPY).”2
SPLG has an expense ratio of 0.03% (compared to 0.09% for SPY).
Analysts ratings for SPLG:
FactSet: A/95
Morningstar: 5 stars
XTF: 9.8/10.0
Additional information about SPLG can be found in the SSGA factsheet.3
1. ssga.com/us/en/individual/etfs/resources/doc-viewer
2. etftrends.com/multi-asset-channel/etf-of-the-week-spdr-portfolio-sp-500-etf-splg/
3. ssga.com/library-content/products/factsheets/etfs/us/factsheet-us-en-splg.pdf
SPLG has an expense ratio of 0.03% (compared to 0.09% for SPY).
Analysts ratings for SPLG:
FactSet: A/95
Morningstar: 5 stars
XTF: 9.8/10.0
Additional information about SPLG can be found in the SSGA factsheet.3
1. ssga.com/us/en/individual/etfs/resources/doc-viewer
2. etftrends.com/multi-asset-channel/etf-of-the-week-spdr-portfolio-sp-500-etf-splg/
3. ssga.com/library-content/products/factsheets/etfs/us/factsheet-us-en-splg.pdf
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.