SPDR S&P 500 ETF

The SPDR S&P 500 ETF, with the ticker SPY, is managed by StateStreet and aims to mirror the performance of the S&P 500 Index, which includes 500 of the largest companies listed on US stock exchanges. This ETF provides investors with a simple way to gain exposure to a broad range of leading American companies across various industries. By investing in SPY, you are essentially buying a small piece of each company in the S&P 500, allowing for diversification and reducing the risk associated with investing in individual stocks. With a low management fee of 0.09%, it's a cost-effective option for those looking to invest in the US market.