S&P 500
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Many index funds and exchange-traded funds attempt to replicate (before fees and expenses) the performance of the S&P 500 by holding the same stocks as the index, in the same proportions. Many other mutual funds are benchmarked to the S&P 500. Consequently, a company whose stock is added to the list of S&P 500 stocks may see its stock price rise, as the managers of index funds normally choose to purchase that company's stock in order to continue tracking the S&P 500 index. Some examples include Vanguard's S&P 500 Index Fund (VOO) , iShares S&P 500 ETF (IVV) and SPDR's S&P 500 ETF (SPY).
- See also: Wikipedia
- Related: Dow Jones Industrial Average, E-mini S&P, Exchange-traded fund, Fortune 500, FTSE 100, Index fund, S&P 400, S&P 600, S&P 1500, S&P 100, Standard & Poor's
CNN Money page for SPX CNN Money page for SPX money.cnn.com/quote/quote.html?symb=SPX - Web |
Standard & Poor's page on S&P 500 index Standard & Poor's page on S&P 500 index www.spindices.com/indices/equity/sp-500 - Web |
S&P 500 Fact Sheet S&P 500 Fact Sheet www.spindices.com/documents/factsheets/fs-sp-500-ltr.pdf - Web |
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Logarithmic Chart of S&P 500 (1950-present) at Yah... Logarithmic Chart of S&P 500 (1950-present) at Yahoo! Finance finance.yahoo.com/q/bc?s=^GSPC&t=my&z=l&q=l - Web |
- "The Basis for Index Funds When Beginning to Inv... - "The Basis for Index Funds When Beginning to Invest" www.begintoinvest.com/begin-investing/ - Web |