Overview
The cheapest S&P 500 ETF on the market at 0.02% — the same index as SPY and VOO in State Street's low-cost Portfolio series wrapper, at a deliberately low share price.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corporation | 7.4% |
| AAPL | Apple Inc. | 6.5% |
| MSFT | Microsoft Corp. | 6.3% |
| AMZN | Amazon.com Inc. | 3.9% |
| META | Meta Platforms | 2.9% |
| AVGO | Broadcom Inc. | 2.5% |
| GOOGL | Alphabet Class A | 2.1% |
| TSLA | Tesla Inc. | 1.9% |
| GOOG | Alphabet Class C | 1.7% |
| BRK.B | Berkshire Hathaway | 1.6% |
Fund Details
Investment Thesis
SPLG exists to answer one question: why pay more for identical exposure? It tracks the same S&P 500 as SPY at roughly a fifth of the fee, and its low share price (about an eighth of SPY's) makes dollar-cost averaging easier for smaller accounts. SPY keeps the liquidity crown for traders, but for a long-term holder the fee difference compounds meaningfully over decades — SPLG has been taking core-holding market share from its older sibling every year since the fee cut.
Who It's For
Buy-and-hold investors who want S&P 500 exposure at the absolute minimum cost and don't need SPY's options market or intraday liquidity. The natural default for a first core holding and for regular monthly purchases.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $22.74 | -- |
| 2017 | $27.67 | +21.7% |
| 2018 | $26.43 | -4.5% |
| 2019 | $34.67 | +31.2% |
| 2020 | $41.02 | +18.3% |
| 2021 | $52.75 | +28.6% |
| 2022 | $43.15 | -18.2% |
| 2023 | $54.41 | +26.1% |
| 2024 | $67.96 | +24.9% |
| 2025 | $79.78 | +17.4% |
| Year | Yield |
|---|---|
| 2016 | 1.44% |
| 2017 | 1.49% |
| 2018 | 1.36% |
| 2019 | 1.41% |
| 2020 | 1.29% |
| 2021 | 1.33% |
| 2022 | 1.22% |
| 2023 | 1.25% |
| 2024 | 1.14% |
| 2025 | 1.14% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $28B | -- |
| 2017 | $32B | +14.3% |
| 2018 | $36B | +12.5% |
| 2019 | $40B | +11.1% |
| 2020 | $45B | +12.5% |
| 2021 | $51B | +13.3% |
| 2022 | $57B | +11.8% |
| 2023 | $65B | +14.0% |
| 2024 | $73B | +12.3% |
| 2025 | $82B | +12.3% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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