SPDR Portfolio S&P 500 ETF
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The "Mini-SPY" You Might Not Know About - SPLG!

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SPLG can be considered a miniature version of the infamous SPY ETF; albeit a few minor differences in structure and some other additional factors (available in the SPLG prospectus).1 However, these differences are not very relevant to long-term investors or short-term traders looking to make a strategic move in the S&P 500 Index (SPX). According to ETF Trends “SPLG is a cheaper, modernized S&P 500 alternative to the flagship SPDR S&P 500 ETF Trust (SPY).”2
SPLG has an expense ratio of 0.03% (compared to 0.09% for SPY).

Analysts ratings for SPLG:
FactSet: A/95
Morningstar: 5 stars
XTF: 9.8/10.0

Additional information about SPLG can be found in the SSGA factsheet.3

1. ssga.com/us/en/individual/etfs/resources/doc-viewer
2. etftrends.com/multi-asset-channel/etf-of-the-week-spdr-portfolio-sp-500-etf-splg/
3. ssga.com/library-content/products/factsheets/etfs/us/factsheet-us-en-splg.pdf

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