What is SPY?
When we talked about the QQQ, we said we were looking at a best-seller in the sector, but with the SPY ETF, we are directly facing the genesis.
Launched in 1993, SPY was the first ETF listed on stock exchanges. Nowadays, it is the largest, most traded, and most liquid ETF in the entire world. In Europe, SPY markets in UCITS mode as SPY5.
The SPY is a distribution-class ETF with a quarterly frequency,the current dividend yield for SPDR S&P 500 ETF as of May 03, 2023, is1.54%($6.29 approx).
Dividends paid by SPY / Source: Macrotrends
Since the inception date, the cumulative return, including dividends, has been +1,550.65%.
SPY Relative Change Chart since inception, including dividends / Source: Market Insider
