The SPDR S&P 500 ETF Trust is among the most popularexchange-traded funds (ETFs). It aims to track theStandard & Poor’s (S&P) 500 Index, which comprises 500 large-cap U.S. stocks. These stocks are selected by a committee based on market size, liquidity, and industry. The S&P 500 s...
a stock index listing the 100 largest Nasdaq companies by market cap. The Nasdaq 100 Index comprises companies from all sectors, with the exception of financial services
Factor ETFs differ from other types of ETFs by their construction. Most factor ETFs arepassive, index-based fundsin the same way that plain-vanilla index ETFs such as theSPDR S&P 500 ETF Trust(SPY) tracks the performance of the S&P 500 or theTechnology Select Sector SPDR Fund(XLK) tracks ...