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November 11, 2024 at 1:32 AM
#15915
George Halongton
Guest
Difference between SPYG and SPLG
SPYG is an S&P500 growth fund. That means that it consists of a subset of stocks from the S&P500 (the 500 biggest stocks trading on US exchanges, by market capitalization) that are classified as “growth.” This means that they are currently trading at a high price, relative to current earnings, which is sign that the market anticipates that the company is going to grow in the future. It currently holds 225 stocks, so not quite half the S&P500.
SPLG is the whole S&P500.
