$SPYG: An ETF that holds the winners of the "coronavirus market"
Recently, I have been cleaning up my Roth IRA and other qualified retirement accounts. Most analysts are now recommending the move out of U.S. Treasury bonds due to their low-yields (and almost certain – continued low yield over the next decade!).
I am a fan of ETFs for long-term investing. The benefits are numerous compared to stock selection and mutual funds. Access to highly priced stocks (Alphabet, Amazon, etc.), monthly distributions, and low expense ratios, are just a few of the benefits to ETFs for retirement accounts.
Which brings us to
SPYG or the SPDR Portfolio S&P 500 Growth ETF. SPYG holds the winners (or should I say survivors) of the current market. The current breakdown of the fund is 
MSFT (10.11%), 
AAPL (9.66%), 
AMZN (7.87%), 
FB (3.72%), 
GOOGL (2.80%), GOOG (2.73%), 
V (2.13%), 
MA (1.73%), 
NVDA (1.53%), and 
NFLX (1.39%).
Analysts rankSPYG highly – FactSet (
FDS) gives the ETF an A rating and XTF.com rates SPYG a perfect 10.0 out of 10.0.
The technical analysis shows that the fund has recovered nicely since the March lows. Even with the risk of another Covid-19 outbreak,SPYG holds companies proven to survive – perhaps even thrive – in the new market.
Long 100SPYG @ 42.46. Total Long 1000 SPYG (accumulated lots).
I am a fan of ETFs for long-term investing. The benefits are numerous compared to stock selection and mutual funds. Access to highly priced stocks (Alphabet, Amazon, etc.), monthly distributions, and low expense ratios, are just a few of the benefits to ETFs for retirement accounts.
Which brings us to
SPYG or the SPDR Portfolio S&P 500 Growth ETF. SPYG holds the winners (or should I say survivors) of the current market. The current breakdown of the fund is MSFT (10.11%), AAPL (9.66%), AMZN (7.87%), FB (3.72%), GOOGL (2.80%), GOOG (2.73%), V (2.13%), MA (1.73%), NVDA (1.53%), and NFLX (1.39%).Analysts rank
SPYG highly – FactSet (FDS) gives the ETF an A rating and XTF.com rates SPYG a perfect 10.0 out of 10.0.The technical analysis shows that the fund has recovered nicely since the March lows. Even with the risk of another Covid-19 outbreak,
SPYG holds companies proven to survive – perhaps even thrive – in the new market. Long 100
SPYG @ 42.46. Total Long 1000 SPYG (accumulated lots).
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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.
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.