SPY is a U.S. large-cap core ETF from SPDR. Its largest disclosed positions include NVDA, AAPL, and MSFT, and the top three holdings account for 20.28% of portfolio weight shown here. On ETF Overlap Checker, it currently connects to 64 comparison pages.
Issuer
SPDR
Asset Class
Equity
Holdings
505
Compare Pages
64
SPY is the best-recognized and oldest US listed ETF and typically tops rankings for largest AUM and greatest trading volume. The fund tracks the massively popular US index, the S&P 500. Few realize that S&P's index committee chooses 500 securities to represent the US large-cap space - not necessarily the 500 largest by market cap, which can lead to some omissions of single names. Still, the index offers outstanding exposure to the US large-cap space. It's important to note, SPY is a unit investment trust, an older but entirely viable structure. As a UIT, SPY must fully replicate its index (it probably would anyway) and forgo the small risk and reward of securities lending. It also can`t reinvest portfolio dividends between distributions, the resulting cash drag will slightly hurt performance in up markets and help in downtrends. SPY is a favored vanilla trading vehicle.
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Compare SPY with another ETF
The disclosed top holdings suggest a middle-ground portfolio shape. NVDA, AAPL, and MSFT are the main visible positions, with the top three accounting for 20.28% and the top ten for 37.51% of portfolio weight shown here. Sector labels are limited in the visible top holdings, so the concentration read is driven mainly by the largest names themselves.
SPY is broad enough that it often overlaps with other core equity building blocks, especially large-cap and total-market funds. In practice, the overlap usually comes from the same mega-cap positions, including NVDA, AAPL, and MSFT, which is why broad-fund comparisons are some of the most useful pages on this site.
On this site, investors often compare SPY with VOO, QQQ, and SCHD. Those matchups usually answer a simple question: does adding this fund create a different sleeve, or does it mostly duplicate exposure you already own? SPY currently connects to 64 live comparison pages.
Concentration
These numbers help show whether SPY behaves more like a broad portfolio building block or a fund where the biggest positions dominate the ride.
Visible Sector Mix
Sector labels are limited in the visible top holdings for SPY, so the strongest signal here is still the size of the largest positions themselves.
These holdings help explain how SPY overlaps with other funds. The top ten disclosed positions represent 37.51% of the portfolio shown here.
| Holding | Name | Sector | Weight |
|---|---|---|---|
| NVDA | NVIDIA CORP | N/A | 8.14% |
| AAPL | APPLE INC | N/A | 6.66% |
| MSFT | MICROSOFT CORP | N/A | 5.48% |
| AMZN | AMAZON.COM INC | N/A | 3.92% |
| GOOGL | ALPHABET INC CL A | N/A | 3.02% |
| AVGO | BROADCOM INC | N/A | 2.95% |
| GOOG | ALPHABET INC CL C | N/A | 2.43% |
| META | META PLATFORMS INC CLASS A | N/A | 1.91% |
| MU | MICRON TECHNOLOGY INC | N/A | 1.54% |
| JPM | JPMORGAN CHASE + CO | N/A | 1.47% |
Use these pages to see whether adding SPY changes your exposure or mostly duplicates positions you already own.