Index Tracked: Standard & Poors 500 Index
Index Description: The S&P 500 is one of the closest watched indexes. The 500 stocks in this capitalization-weighted index are chosen by financial information firm Standard and Poors based on industry representation, liquidity, and stability. The S&P 500 is not composed of the 500 largest companies but rather is designed to capture the returns of many different sectors of the US economy. The index is composed of roughly 400 industrial, 40 utility, 40 financial, and 20 transportation stocks. Stocks in the index trade on the New York Stock Exchange, the American Stock Exchange, and the Over-The-Counter markets.
Other ETFs Tracking the Standard & Poors 500 Index